In the latest trading session, Kohl’s (KSS) closed at $61.66, marking a -1.2% move from the previous day. This move was narrower than the S&P 500’s daily loss of 1.54%. At the same time, the Dow lost 1.49%, and the tech-heavy Nasdaq lost 2.17%.
Prior to today’s trading, shares of the department store operator had lost 3.17% over the past month. This has was narrower than the Retail-Wholesale sector’s loss of 6.13% and the S&P 500’s loss of 6.77% in that time.
Wall Street will be looking for positivity from KSS as it approaches its next earnings report date. This is expected to be March 7, 2019. On that day, KSS is projected to report earnings of $2.15 per share, which would represent year-over-year growth of 14.97%. Meanwhile, our latest consensus estimate is calling for revenue of $6.69 billion, down 1.34% from the prior-year quarter.
KSS’s full-year Zacks Consensus Estimates are calling for earnings of $5.52 per share and revenue of $19.64 billion. These results would represent year-over-year changes of +31.74% and +2.87%, respectively.
It is also important to note the recent changes to analyst estimates for KSS. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company’s business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.74% higher. KSS is currently sporting a Zacks Rank of #3 (Hold).
Looking at its valuation, KSS is holding a Forward P/E ratio of 11.31. This valuation marks a premium compared to its industry’s average Forward P/E of 10.75.
Investors should also note that KSS has a PEG ratio of 1.7 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock’s expected earnings growth rate. The Retail – Regional Department Stores industry currently had an average PEG ratio of 1.09 as of yesterday’s close.
The Retail – Regional Department Stores industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 198, putting it in the bottom 23% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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