Will current price volatility hamper Kohl’s Corporation (KSS) future potential?

Kohl’s Corporation (NYSE:KSS) has a beta value of 1.59 and has seen 2,664,558 shares traded in the recent trading session. The company, currently valued at $3.44 Billion, closed the recent trade at $21.98 per share which meant it lost -$1.42 on the day or -6.07% during that session. The KSS stock price is -169.7% off its 52-week high price of $59.28 and 50.45% above the 52-week low of $10.89. If we look at the company’s 10-day average daily trading volume, we find that it stood at 12.16 Million shares traded. The 3-month trading volume is 9.42 Million shares.

The consensus among analysts is that Kohl’s Corporation (KSS) is a Hold stock at the moment, with a recommendation rating of 2.9. 3 analysts rate the stock as a Sell, while 1 rate it as Overweight. 11 out of 18 have rated it as a Hold, with 3 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.49.

Despite being -6.07% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Wednesday, Sep 16 when the KSS stock price touched $24.50- or saw a rise of 9.81%. Year-to-date, Kohl’s Corporation shares have moved -56.62%, while the 5-day performance has seen it change -5.43%. Over the past 30 days, the shares of Kohl’s Corporation (NYSE:KSS) have changed 16.93%. Short interest in the company has seen 29.02 Million shares shorted with days to cover at 3.08.

Wall Street analysts have a consensus price target for the stock at $20.63, which means that the shares’ value could jump -6.14% from current levels. The projected low price target is $14 while the price target rests at a high of $30. In that case, then, we find that the current price level is +36.49% off the targeted high while a plunge would see the stock lose -36.31% from current levels.

Kohl’s Corporation (KSS) estimates and forecasts

Figures show that Kohl’s Corporation shares have underperformed across the wider relevant industry. The company’s shares have gained +47.63% over the past 6 months, with this year growth rate of -168.93%, compared to -75% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are -166.2% and -69.3% for the next quarter. Revenue growth from the last financial year stood is estimated to be -19.4%.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was +0.6% over the past 5 years. Earnings growth for 2020 is a modest -9.9% while over the next 5 years, the company’s earnings are expected to increase by -13.92%.

Kohl’s Corporation (NYSE:KSS)’s Major holders

Insiders own 1.14% of the company shares, while shares held by institutions stand at 100.66% with a share float percentage of 101.82%. Investors are also buoyed by the number of investors in a company, with Kohl’s Corporation having a total of 810 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 16.94 Million shares worth more than $351.86 Million. As of June 29, 2020, Vanguard Group, Inc. (The) held 10.74% of shares outstanding.

The other major institutional holder is Blackrock Inc., with the holding of over 11.91 Million shares as of June 29, 2020. The firm’s total holdings are worth over $247.34 Million and represent 7.55% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. As of June 29, 2020, the former fund manager holds about 2.82% shares in the company for having 4450513 shares of worth $92.44 Million while later fund manager owns 3.27 Million shares of worth $67.98 Million as of June 29, 2020, which makes it owner of about 2.07% of company’s outstanding stock.

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