|Bid||0.00 x 800|
|Ask||76.60 x 1400|
|Day's Range||75.13 - 76.85|
|52 Week Range||36.50 - 79.92|
|PE Ratio (TTM)||14.70|
|Earnings Date||Aug 21, 2018|
|Forward Dividend & Yield||2.44 (3.28%)|
|1y Target Est||76.35|
What do you call a stock that has bounced around for 16 years, only to finish just about where it started? Try Kohl’s (ticker: KSS). It has really been a road to nowhere for Kohl’s investors. The stock ...
Macy’s (NYSE:M) second quarter results, reported on Tuesday, indicate that its positive catalysts remain intact. Investors should buy M stock, as these catalysts should continue to boost its results going forward, while its valuation is extremely attractive and lower than that of many brick-and-mortar retailers. The sharp drop in Macy’s stock on Wednesday was irrational and has created an extremely attractive entry point.
Wall Street analysts revised their price target for Macy’s (M) after the company reported its fiscal second quarter results on August 15. Although Macy’s beat analysts’ expectations, investors weren’t happy with the decline in the company’s fiscal second-quarter sales after two consecutive quarters of sales growth. Macy’s stock declined 15.9% on August 15 but recovered 1.9% on August 16.
J.C. Penney (JCP) is down more than 20% on Thursday morning on a big miss and guidance reduction. J.C. Penney missed expectations and lowered guidance. Where we're headed: Get in loser, we're buying Kohl's. Shares of Macy's (M) crumbled on Wednesday after the company reported second-quarter earnings: It was a beat-and-raise quarter, not that you'd know it from looking at the shares' reaction, which had their worst day in more than a year.
Most retailers’ shares were pushed into the red on August 15 despite an upbeat retail sales report from the National Retail Federation.
With J.C. Penney (NYSE:JCP) hovering near key support, some investors might be thinking it’s time to scoop up JCP stock. That’s one way of thinking, but given the market we’re in, I’d rather avoid JCP.
Macy’s (M) stock fell 12.7% as of 11:35 AM EST today, August 15. Macy’s exceeded analysts’ sales and earnings expectations for fiscal Q2, which ended on August 4. Its adjusted EPS of $0.70 in fiscal Q2 2018 handily exceeded analysts’ expectation of $0.51.
Kohl's (KSS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Will Kohl’s Second-Quarter Results Meet Wall Street Expectations? As of August 13, Kohl’s stock price is up 40.9% on a YTD (year-to-date) basis. Kohl’s stock has been rising as its strategic initiatives gain traction.
Kohl’s (KSS) is slated to announce second-quarter results on August 21. Analysts expect adjusted EPS growth of 32.3% to $1.64 for the second quarter. Lower tax and share repurchases are likely to cushion bottom-line numbers along with 2.7% growth expected in net sales.
Retail stocks are mostly having a pretty good year, and two department-store names are breaking out into buy territory on Tuesday.
Will Kohl’s Second-Quarter Results Meet Wall Street Expectations? Kohl’s (KSS) is slated to announce second-quarter results on August 21. Analysts expect Kohl’s to report net sales growth of 2.7% to $4.26 billion in the second quarter.
On August 10, Wedbush initiated coverage of Nordstrom (JWN) stock with a “neutral” rating and a price target of $55. As of August 13, Nordstrom stock was rated a “hold” by 17 of the 24 analysts (71%) covering the stock. Five analysts rated it a “buy,” and five rated it a “sell.” Nordstrom is scheduled to announce its fiscal second-quarter results after the markets close on August 16.
Will Kohl’s Second-Quarter Results Meet Wall Street Expectations? Kohl’s current dividend yield of 3.2% is based on a closing price of $76.42 as of August 13. The dividend yield represents cash flow received by an investor for each dollar invested in the company’s stock.
Spending at retailers is predicted to climb at least 4.5%, compared with a prior forecast range of 3.8% to 4.4%, per the National Retail Federation.
Will Kohl’s Second-Quarter Results Meet Wall Street Expectations? Analysts remain on the sidelines about Kohl’s (KSS) ahead of its upcoming second-quarter results on August 21. For the fiscal second quarter, Wall Street analysts have projected net sales to grow 2.7% to $4.3 billion.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Kohl's (KSS) have what it takes? Let's find out.
Kohl's (KSS) Q2 results to gain from higher store and online sales. Gains from inventory reduction efforts are expected to drive performance.
Investors betting on Tesla’s stock stumbling took a beating this week when shares in the company rallied after CEO Elon Musk tweeted that he was considering taking the company private.
Macy’s (NYSE:M) has been one of the bigger beneficiaries. Of course, Macy’s is only cheap if it can get back to stable profits, if not outright growth. Fundamentally, Macy’s has reasonably soft expectations from a headline standpoint in the quarter.
Major department stores are set to report quarterly earnings in the next two weeks, providing a much needed update on a retail recovery wave that has lifted the group to two- and three-year highs. Amazon.com, Inc. ( AMZN) and other internet-based retailers continue to take market share, while the department stores' operations are highly dependent on foreign production, exposing them to shrinking margins if their goods wind up on tariff lists. It has carved three rally waves since that time, stalling at the .382 Fibonacci sell-off retracement level in the upper $30s in June 2018.