Last Updated: 19 Sep 2024
Executive Summary
Kohl's Corp. (KSS) is a leading retailer in the United States. The company has a market capitalization of $21.1 billion and a current stock price of $18.97. Kohl's has been facing challenges in recent years, including declining sales and increasing competition. However, the company has taken steps to address these challenges, including closing underperforming stores and investing in e-commerce.
Company Overview
Kohl's was founded in 1962 and is headquartered in Menomonee Falls, Wisconsin. The company operates over 1,100 stores in 49 states. Kohl's sells a variety of products, including apparel, footwear, accessories, and home goods. The company targets middle-income families and offers a wide range of private label and national brands.
Fundamental Analysis
Kohl's has a trailing price-to-earnings (P/E) ratio of 7.44, which is below the industry average of 10.34. The company's forward P/E ratio is 9.86, which is also below the industry average. Kohl's has a dividend yield of 0.107%, which is below the industry average of 1.34%.
Kohl's has been facing challenges in recent years, including declining sales and increasing competition. The company's revenue declined by 0.042% in the most recent quarter. Kohl's has also been losing market share to other retailers, such as Amazon and Target.
However, Kohl's has taken steps to address these challenges. The company has closed underperforming stores and invested in e-commerce. Kohl's has also partnered with Amazon to offer same-day delivery.
Technical Analysis
Kohl's stock price has been in a downtrend since early 2022. The stock is currently trading below its 50-day and 200-day moving averages. The stock's relative strength index (RSI) is below 50, which indicates that the stock is oversold.
Short Term Outlook
Kohl's stock is likely to continue to trade in a downtrend in the short term. The stock is facing headwinds from declining sales and increasing competition. However, the stock could rebound if the company is able to successfully implement its turnaround plan.
Long Term Outlook
Kohl's has a long-term growth opportunity in e-commerce. The company is also well-positioned to benefit from the growth of the Hispanic population in the United States. However, the company faces challenges from increasing competition and the need to invest in its business.
Analyst Recommendations
Analysts are mixed on Kohl's stock. Two analysts have a strong buy rating, one analyst has a buy rating, eight analysts have a hold rating, and five analysts have a sell rating. The average analyst target price is $19.96.
