Kohls Corp Experiences Significant Price Surge Amid Technical Momentum
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 17 2024
0mins
Source: Coinmarketcap
Kohls Corp's stock has seen a remarkable increase of 27.15%, primarily driven by technical factors. The stock reached a 20-day high, indicating a strong upward trend that has attracted investor attention. This surge comes at a time when major benchmarks are trading sideways, reflecting mixed signals in the broader market. Investors are closely monitoring these movements as they navigate through uncertain market conditions. Despite the lack of specific news related to Kohls Corp, the technical indicators suggest a bullish sentiment among traders.
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Analyst Views on KSS
Wall Street analysts forecast KSS stock price to rise
13 Analyst Rating
1 Buy
7 Hold
5 Sell
Moderate Sell
Current: 13.060
Low
7.00
Averages
19.58
High
25.00
Current: 13.060
Low
7.00
Averages
19.58
High
25.00
About KSS
Kohl's Corporation is an omnichannel retailer. The Company operates approximately 1,100 stores and a Website www.Kohls.com. The Company’s Kohl's stores and Website sell private and national brand apparel, footwear, accessories, beauty, and home products. The Company’s Kohl's stores generally carry a consistent merchandise assortment with some differences attributable to local preferences, store size, and Sephora at Kohl's shop-in-shops (Sephora shops). Its Website includes merchandise, which is available in the Company’s stores, as well as merchandise that is available only online. Its merchandise mix includes both national brands and private brands that are available only at Kohl's. Its private portfolio includes established brands such as Apt. 9, Croft & Barrow, Jumping Beans, SO, Sonoma Goods for Life, and Tek Gear, and nationally recognized brands such as LC Lauren Conrad, Nine West, and Simply Vera Vera Wang.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Wall Street Trading Week Outlook and Focus
- Salesforce Earnings Outlook: Salesforce is set to report earnings on Wednesday, with market concerns about its AI business still prevalent; analysts expect revenue of $11.05 billion and EPS of $3.12, and strong revenue growth could alleviate worries about slowing growth in its legacy business.
- Costco Membership Renewal Challenges: Costco will report earnings on Thursday, with expected revenue of $69.73 billion and EPS of $4.93; while high oil prices may pressure profit margins, its membership model and bulk selling strategy are likely to attract consumers, especially during periods of rising gas prices.
- Economic Data Focus: The personal consumption expenditures (PCE) price index will be released on Thursday, with a year-over-year increase expected at 3.8% and a core increase of 3.3%, which will influence the Federal Reserve's rate hike decisions, leaving the market uncertain about future rate changes.
- Investor Conference Season: This week marks the start of investor conference season, with Boeing, Johnson & Johnson, and others attending the Bernstein Strategic Decisions Conference, where analyst questions may reveal insights into market perceptions of company futures, making it a key event to watch.
See More
Off-Price Retailers Surge Amid Consumer Strain, Implications for Fed
- Significant Sales Growth: Ross Stores reported quarterly sales and earnings exceeding expectations, with same-store sales surging 17%, as CEO James Conroy noted increased transaction volume and customer count across income levels, driving the stock price up over 5.5%.
- Strong Performance from TJX: TJX's first-quarter same-store sales grew by 6%, with CFO John Klinger emphasizing that this growth was driven by a higher average basket and increased customer transactions, indicating robust consumer purchasing power across various demographics, leading to a stock price increase of over 6% on earnings day.
- Declining Consumer Confidence: The latest consumer sentiment survey hit a record low, indicating that consumers are becoming more frugal amid high gas prices and other economic pressures, with Walmart's CFO Rainey noting that customer fuel purchases fell below 10 gallons for the first time, reflecting consumer stress.
- Impact of High Gas Prices on Spending: With gas prices nearing a four-year high at $4.56 per gallon, consumers may further cut discretionary spending, potentially impacting overall economic performance and providing the Fed with room to lower interest rates, reflecting the risks of an economic slowdown.
See More
Kohl's Declares Quarterly Dividend of $0.125 per Share
- Quarterly Dividend Announcement: Kohl's declares a quarterly dividend of $0.125 per share, maintaining consistency with previous payouts, which reflects the company's ongoing ability to generate stable cash flow despite challenges in sales performance.
- Dividend Yield: The forward yield of 4.13% offers investors a relatively attractive return, although market concerns regarding weak sales may influence future investment decisions and overall stock performance.
- Consistent Payout Record: With six consecutive quarters of announcing a $0.125 dividend, Kohl's demonstrates stability that could bolster investor confidence, even as the company navigates a challenging demand environment.
- Future Earnings Outlook: Kohl's outlines an expected EPS range of $1 to $1.60 for 2026, aiming to enhance profitability through the expansion of proprietary brands and a value-focused strategy, indicating strategic confidence in future growth prospects.
See More
Kohl's 2026 Annual Meeting Results
- Board Election Success: At Kohl's 2026 Annual Meeting, shareholders elected all nominated directors with over 97% approval, ensuring governance stability and enhancing investor confidence in the company's leadership.
- Executive Compensation Approved: The compensation plan for the Company's Named Executive Officers for fiscal 2025 received over 94% shareholder support, reflecting trust in management and aiding in talent retention.
- Auditor Appointment Ratified: Shareholders confirmed Ernst & Young LLP as the independent auditor for fiscal year 2027 with over 95% approval, ensuring financial transparency and compliance, which bolsters investor trust.
- Long-Term Compensation Plan Approved: The amended 2024 Long-Term Compensation Plan was approved by shareholders with over 95% support, indicating alignment of the company's incentive mechanisms with shareholder interests and promoting long-term performance growth.
See More
Kohl's Declares Quarterly Dividend
- Quarterly Dividend Announcement: Kohl's Board of Directors declared a quarterly dividend of $0.125 per share, payable on June 24, 2026, aimed at rewarding shareholders and enhancing investor confidence.
- Shareholder Record Date: The dividend will be paid to shareholders of record at the close of business on June 10, 2026, ensuring compliance and maintaining a strong relationship with investors.
- Company Overview: As a leading omnichannel retailer with over 1,100 stores, Kohl's is committed to providing quality brands and convenience, further solidifying its market position.
- Community Impact Commitment: Kohl's extensive presence in 49 states allows it to make a positive impact in the communities it serves, reflecting the company's emphasis on social responsibility and enhancing its brand image.
See More
US Stocks Rise Slightly, Led by Tech Gains
- Market Performance: The S&P 500 and Nasdaq 100 indices both reached all-time highs, rising 0.19% and 0.29% respectively, reflecting strong corporate earnings and optimism around artificial intelligence, although gains were limited by rising oil prices and bond yields.
- Middle East Impact: The failure of the US and Iran to reach a peace agreement led to an increase in global bond yields, with the 10-year T-note yield rising 5 basis points to 4.41%, raising concerns that sustained high energy prices could force central banks to tighten monetary policy.
- Chinese Trade Data: China's April exports rose 14.1% year-on-year, significantly exceeding expectations of 8.4%, while imports increased by 25.3%, indicating positive signals for global economic recovery that could benefit global markets.
- Earnings Reports: As of Monday, 83% of the 450 S&P 500 companies that reported earnings exceeded expectations, with Q1 earnings projected to grow 12% year-on-year, but only 3% when excluding the technology sector, highlighting disparities in profitability across industries.
See More
Wall Street Trading Week Outlook and Focus
- Salesforce Earnings Outlook: Salesforce is set to report earnings on Wednesday, with market concerns about its AI business still prevalent; analysts expect revenue of $11.05 billion and EPS of $3.12, and strong revenue growth could alleviate worries about slowing growth in its legacy business.
- Costco Membership Renewal Challenges: Costco will report earnings on Thursday, with expected revenue of $69.73 billion and EPS of $4.93; while high oil prices may pressure profit margins, its membership model and bulk selling strategy are likely to attract consumers, especially during periods of rising gas prices.
- Economic Data Focus: The personal consumption expenditures (PCE) price index will be released on Thursday, with a year-over-year increase expected at 3.8% and a core increase of 3.3%, which will influence the Federal Reserve's rate hike decisions, leaving the market uncertain about future rate changes.
- Investor Conference Season: This week marks the start of investor conference season, with Boeing, Johnson & Johnson, and others attending the Bernstein Strategic Decisions Conference, where analyst questions may reveal insights into market perceptions of company futures, making it a key event to watch.
See More
Off-Price Retailers Surge Amid Consumer Strain, Implications for Fed
- Significant Sales Growth: Ross Stores reported quarterly sales and earnings exceeding expectations, with same-store sales surging 17%, as CEO James Conroy noted increased transaction volume and customer count across income levels, driving the stock price up over 5.5%.
- Strong Performance from TJX: TJX's first-quarter same-store sales grew by 6%, with CFO John Klinger emphasizing that this growth was driven by a higher average basket and increased customer transactions, indicating robust consumer purchasing power across various demographics, leading to a stock price increase of over 6% on earnings day.
- Declining Consumer Confidence: The latest consumer sentiment survey hit a record low, indicating that consumers are becoming more frugal amid high gas prices and other economic pressures, with Walmart's CFO Rainey noting that customer fuel purchases fell below 10 gallons for the first time, reflecting consumer stress.
- Impact of High Gas Prices on Spending: With gas prices nearing a four-year high at $4.56 per gallon, consumers may further cut discretionary spending, potentially impacting overall economic performance and providing the Fed with room to lower interest rates, reflecting the risks of an economic slowdown.
See More
Kohl's Declares Quarterly Dividend of $0.125 per Share
- Quarterly Dividend Announcement: Kohl's declares a quarterly dividend of $0.125 per share, maintaining consistency with previous payouts, which reflects the company's ongoing ability to generate stable cash flow despite challenges in sales performance.
- Dividend Yield: The forward yield of 4.13% offers investors a relatively attractive return, although market concerns regarding weak sales may influence future investment decisions and overall stock performance.
- Consistent Payout Record: With six consecutive quarters of announcing a $0.125 dividend, Kohl's demonstrates stability that could bolster investor confidence, even as the company navigates a challenging demand environment.
- Future Earnings Outlook: Kohl's outlines an expected EPS range of $1 to $1.60 for 2026, aiming to enhance profitability through the expansion of proprietary brands and a value-focused strategy, indicating strategic confidence in future growth prospects.
See More
Kohl's 2026 Annual Meeting Results
- Board Election Success: At Kohl's 2026 Annual Meeting, shareholders elected all nominated directors with over 97% approval, ensuring governance stability and enhancing investor confidence in the company's leadership.
- Executive Compensation Approved: The compensation plan for the Company's Named Executive Officers for fiscal 2025 received over 94% shareholder support, reflecting trust in management and aiding in talent retention.
- Auditor Appointment Ratified: Shareholders confirmed Ernst & Young LLP as the independent auditor for fiscal year 2027 with over 95% approval, ensuring financial transparency and compliance, which bolsters investor trust.
- Long-Term Compensation Plan Approved: The amended 2024 Long-Term Compensation Plan was approved by shareholders with over 95% support, indicating alignment of the company's incentive mechanisms with shareholder interests and promoting long-term performance growth.
See More
Kohl's Declares Quarterly Dividend
- Quarterly Dividend Announcement: Kohl's Board of Directors declared a quarterly dividend of $0.125 per share, payable on June 24, 2026, aimed at rewarding shareholders and enhancing investor confidence.
- Shareholder Record Date: The dividend will be paid to shareholders of record at the close of business on June 10, 2026, ensuring compliance and maintaining a strong relationship with investors.
- Company Overview: As a leading omnichannel retailer with over 1,100 stores, Kohl's is committed to providing quality brands and convenience, further solidifying its market position.
- Community Impact Commitment: Kohl's extensive presence in 49 states allows it to make a positive impact in the communities it serves, reflecting the company's emphasis on social responsibility and enhancing its brand image.
See More
US Stocks Rise Slightly, Led by Tech Gains
- Market Performance: The S&P 500 and Nasdaq 100 indices both reached all-time highs, rising 0.19% and 0.29% respectively, reflecting strong corporate earnings and optimism around artificial intelligence, although gains were limited by rising oil prices and bond yields.
- Middle East Impact: The failure of the US and Iran to reach a peace agreement led to an increase in global bond yields, with the 10-year T-note yield rising 5 basis points to 4.41%, raising concerns that sustained high energy prices could force central banks to tighten monetary policy.
- Chinese Trade Data: China's April exports rose 14.1% year-on-year, significantly exceeding expectations of 8.4%, while imports increased by 25.3%, indicating positive signals for global economic recovery that could benefit global markets.
- Earnings Reports: As of Monday, 83% of the 450 S&P 500 companies that reported earnings exceeded expectations, with Q1 earnings projected to grow 12% year-on-year, but only 3% when excluding the technology sector, highlighting disparities in profitability across industries.
See More
