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Kohl's (KSS) Gains But Lags Market: What You Should Know
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In the latest trading session, Kohl's (KSS - Free Report) closed at $61.96, marking a +1.36% move from the previous day. This change lagged the S&P 500's 1.45% gain on the day. Meanwhile, the Dow gained 0.86%, and the Nasdaq, a tech-heavy index, added 0.44%.
Prior to today's trading, shares of the department store operator had gained 24.81% over the past month. This has outpaced the Retail-Wholesale sector's loss of 3.6% and the S&P 500's loss of 3.26% in that time.
Wall Street will be looking for positivity from Kohl's as it approaches its next earnings report date. This is expected to be March 1, 2022. In that report, analysts expect Kohl's to post earnings of $2.13 per share. This would mark a year-over-year decline of 4.05%. Meanwhile, our latest consensus estimate is calling for revenue of $6.86 billion, up 11.68% from the prior-year quarter.
Any recent changes to analyst estimates for Kohl's should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 0.76% lower. Kohl's is currently sporting a Zacks Rank of #3 (Hold).
Looking at its valuation, Kohl's is holding a Forward P/E ratio of 9.06. Its industry sports an average Forward P/E of 9.06, so we one might conclude that Kohl's is trading at a no noticeable deviation comparatively.
Investors should also note that KSS has a PEG ratio of 1.13 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Retail - Regional Department Stores stocks are, on average, holding a PEG ratio of 0.95 based on yesterday's closing prices.
The Retail - Regional Department Stores industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 50, putting it in the top 20% 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.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Kohl's (KSS) Gains But Lags Market: What You Should Know
In the latest trading session, Kohl's (KSS - Free Report) closed at $61.96, marking a +1.36% move from the previous day. This change lagged the S&P 500's 1.45% gain on the day. Meanwhile, the Dow gained 0.86%, and the Nasdaq, a tech-heavy index, added 0.44%.
Prior to today's trading, shares of the department store operator had gained 24.81% over the past month. This has outpaced the Retail-Wholesale sector's loss of 3.6% and the S&P 500's loss of 3.26% in that time.
Wall Street will be looking for positivity from Kohl's as it approaches its next earnings report date. This is expected to be March 1, 2022. In that report, analysts expect Kohl's to post earnings of $2.13 per share. This would mark a year-over-year decline of 4.05%. Meanwhile, our latest consensus estimate is calling for revenue of $6.86 billion, up 11.68% from the prior-year quarter.
Any recent changes to analyst estimates for Kohl's should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 0.76% lower. Kohl's is currently sporting a Zacks Rank of #3 (Hold).
Looking at its valuation, Kohl's is holding a Forward P/E ratio of 9.06. Its industry sports an average Forward P/E of 9.06, so we one might conclude that Kohl's is trading at a no noticeable deviation comparatively.
Investors should also note that KSS has a PEG ratio of 1.13 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Retail - Regional Department Stores stocks are, on average, holding a PEG ratio of 0.95 based on yesterday's closing prices.
The Retail - Regional Department Stores industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 50, putting it in the top 20% 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.
You can find more information on all of these metrics, and much more, on Zacks.com.