kohls posts

Feed

Analyst Calls: APOL, CEPH, DELL, GCI, GOLD, KSS, LEN, PEET, PM ...

Analyst Upgrades

  • Philip Morris (PM) to conviction buy from buy at Goldman.
  • Peet's Coffee (PEET) to neutral from sell at Janney Capital.
  • Cephalon (CEPH) to equal weight from underweight at Morgan Stanley.
  • StoneMor Partners (STON) to outperform from neutral at RW Baird.
  • Tibco (TIBX) to buy from underperform at BofA/Merrill.
  • Apollo Group (APOL) to outperform from market perform at BMO Capital.

Continue reading Analyst Calls: APOL, CEPH, DELL, GCI, GOLD, KSS, LEN, PEET, PM ...

Kohl's to Start Paying Dividend

KSS logoKohl's (KSS - option chain) shares are rising today after the company reported Q4 earnings this morning, posting a profit of $493 million, or $1.66 per share, on revenue of $6.04 billion. Both numbers matched analysts' estimates. KSS forecast Q1 earnings of 68 to 73 cents per share on revenue of $4.20 to $4.28 billion. Analysts have forecast earnings of 72 cents per share on revenue of $4.19 billion. KSS also initiated a quarterly dividend of 25 cents per share, the first in the company's history, which is always something that investors love to see. If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on KSS.

Continue reading Kohl's to Start Paying Dividend

Kohl's: Retail Sector Survivor and Winner

Kohl's (KSS) storeRetailer Kohl's Corp. (KSS) shares have retreated slightly since hitting a high near $58, but just look on that dip as an opportunity to scoop up shares.

Kohl's is a retail sector winner amid the most challenging economic conditions for retailers in decades.

Kohl's same-store sales will likely increase about 5% to 6% in this year, FY2012, along with decent traffic. Kohl's also plans to open about 40 new stores. How many other retail chains are opening stores in a big way in 2011? Very few.

Continue reading Kohl's: Retail Sector Survivor and Winner

Analyst Calls: APC, AMZN, CME, DO, GPS, H, JCP, JWN, KSS, PM SYNT ...

Analyst Upgrades

  • Diamond Offshore (DO) to conviction buy from sell and Baker Hughes (BHI) to buy from neutral at Goldman.
  • Frontier Communications (FTR) to outperform from market perform at Wells Fargo.
  • Syntel (SYNT) to outperform from market perform at Wells Fargo, to buy from hold at Deutsche Bank and to buy from neutral at Janney Capital.
  • Kulicke & Soffa (KLIC) and Fiserv (FISV) to outperform from perform at Oppenheimer.
  • 3M (MMM) to neutral from underweight and Tyco (TYC) to overweight from neutral at JPMorgan.
  • Collective Brands (PSS) and Nordstrom (JWN) to overweight from equal weight, as well as Foot Locker (FL) to equal weight from underweight, at Morgan Stanley.
  • Amazon.com (AMZN) to buy from hold at Lazard Capital.
  • Yamana Gold (AUY) to outperform from neutral at Credit Suisse.

Continue reading Analyst Calls: APC, AMZN, CME, DO, GPS, H, JCP, JWN, KSS, PM SYNT ...

Week in Preview: Macy's, Priceline, Others Kick Off Retail Earnings

earnings expectationsThis week, JCPenney (JCP), Kohl's (KSS) and Macy's (M) are the first of the major retailers to report results for the most recent quarter.

Macy's launched an American Express credit card and increased its mobile presence during the fiscal fourth quarter. The analysts surveyed by Thomson Reuters forecast Macy's earnings for that period come to three cents per share, which compares to a net loss of three cents per share in the same period of last year. The Cincinnati-based department store operator is expected to post revenue of $5.6 billion for the three months that ended in October, which is 5.2% more than a year earlier. For the full year, the forecast calls for earnings of $1.50 per share (+6.7%) and $8.2 billion in revenue (+4.3%). Macy's earnings results have been better than expected in recent quarters by a penny or a few per share.

Continue reading Week in Preview: Macy's, Priceline, Others Kick Off Retail Earnings

Kohl's Same-Store Sales Increase in September

Kohl's (KSS) logoRetailer Kohl's (KSS) has announced that its September same-store sales increased 3%. While this is generally good news, the increase was short of the expected increase of 3.3%. On the other hand, the company's total sales increased a respectable 5.3%.

The company also announced Thursday that it believes it will hire more than 40,000 associates during the holiday season. This estimate is a 20% increase over last year's holiday hiring (33,000 employees). These employees will work at stores, distribution centers, and credit operations, averaging 20 hours per week. Perhaps this means that the company expects to do a bit more selling this year.

Continue reading Kohl's Same-Store Sales Increase in September

Options Update: Yahoo! Volatility Increases

Yahoo! Inc. (YHOO) is expected to report Q3 EPS on October 19. November put option implied volatility is at 41, January is at 38. This is versus its 26-week average of 35, according to Track Data, suggesting larger price movement.

Kohl's Corporation (KSS) is reporting September sales on October 7 and is expected to release Q3 EPS on November 11. Overall option implied volatility of 45 is near its 26-week average of 43, suggesting non-directional price movement.

Options Update is by Stock Specialist Paul Foster of theflyonthewall.com.

Option Traders Betting on Agriculture and the British Pound

agricultureOption traders appear to be setting up for a bullish move on Market Vectors Agribusiness ETF (MOO). Traders plowed into 2,601 new call option contracts -- 20.81 times the average volume -- on the stock on Wednesday. And we know that traders were eager to get into this trade because 89% of the trades came in on the ask price.

The ETF closed Wednesday at $45.60, up 4.35% during the past month.

Continue reading Option Traders Betting on Agriculture and the British Pound

Has Kohl's Pull-Back Created an Opportunity?

Kohl's (SS) logoI first wrote about Kohl's (KSS) on April 28, 2009, at a price of $43.82, and shares of the retailer have retreated in bear-hug fashion this summer after hitting a high near $59. Typically, that would be a danger sign, but I'm sticking with the play. Here's why.

Look for Kohl's same-store sales to increase 5% to 6% in this year, FY2011, after a roughly flat FY2010.

Kohl's is a moderate-price retailer that held its own during the recession, and will now benefit from increased spending per customer, as Americans gradually increase dollars allocated to optional, retail purchases.

Continue reading Has Kohl's Pull-Back Created an Opportunity?

JCPenney Falls to 52-Week Low on Weak Guidance

JCPenney (JCP) logoJCPenney (JCP) fell to a new 52-week low of $20.20 Friday morning after its second-quarter results included weaker-than-expected full-year earnings estimates.

JCPenney said growth of store and Internet sales, as well as tightly controlling expenses, resulted in record-level gross margins for the period. Earnings totaled $14 million, or 6 cents per share, in the quarter, compared to a loss of $1 million, or break-even per share, in the same quarter of last year. Analysts' estimates were topped by a penny per share.

Continue reading JCPenney Falls to 52-Week Low on Weak Guidance

Kohl's Under Pressure

The one-year chart for Kohl's (KSS) isn't impressive. Traders certainly made some money from the pattern, but longer-term investors probably aren't too pleased. And if they aren't pleased about that chart, then they certainly aren't too happy about this afternoon's price action.

The stock is down over 3% at the time of this writing, coming in at a quote of $46.28. The sell-off is backed by substantial volume. More bad news, sorry to say: the shares are closer to the 52-week low of $45.29 than they are to the 52-week high of $60.89. Considering the pullback, should we now look at the retailer as an attractive bet?

Continue reading Kohl's Under Pressure

The Week in Preview: FOMC Meeting, Consumer Sentiment, Retail Earnings

Federal ReserveFederal Open Markets Committee (FOMC) meets again on Tuesday. Though the August meeting of the FOMC is generally uneventful, this time there is speculation about whether the FOMC will resort again to some quantitative easing -- a way of pumping additional money into the financial system.

Fed chairman Ben Bernanke has already hinted at such a move, given that economic growth has clearly slowed. Last week's disappointing employment numbers are the latest confirmation of that. The question is whether the Fed's decision to take action will happen at this week's meeting, perhaps aggravating deflation fears, or it may wait until the September meeting, at which point it risks impacting the upcoming mid-term elections.

Continue reading The Week in Preview: FOMC Meeting, Consumer Sentiment, Retail Earnings

Kohls Dips on Weaker-Than-Expected June Sales

Kohl's logoKohls (KSS - option chain) stock is trading lower today after the company said Thursday morning its June same-store sales rose 5.9%, missing analysts' forecasts of 6.5%. If you think this stock won't be rising too far in the coming months, then it could be a good time to look at a bearish hedged play on KSS.

Thursday morning, KSS opened at $48.13. So far today the stock has hit a high of $48.14 and a low of $46.18. As of 12:00, KSS is trading at $46.53, down $2.00 (-4.1%). The chart for KSS looks bullish and S&P gives KSS a positive 4 STARS (out of 5) buy ranking.

Continue reading Kohls Dips on Weaker-Than-Expected June Sales

Macy's Gets an Upgrade

According to this item, Macy's, Inc. (M), a retailer whose colleagues include The Gap Inc. (GPS) and Kohl's Corporation (KSS), received a gift today from Morgan Stanley in the form of an upgrade. The shares have been moved up to the overweight designation. Looks like good things may be in store for the chain.

I recently discussed Macy's Q1 earnings. Now, if you check that piece out, you'll see that I'm not a fan of buying the company to hold for years. If I wanted to do that, I would go with something like Wal-Mart Stores, Inc. (WMT), maybe Target Corporation (TGT).

Continue reading Macy's Gets an Upgrade

TJX: Buy or Sell After Q1?

The TJX Companies (TJX) is down almost 4% in afternoon trading with about an hour to go before the session ends. The chain, which competes with Kohl's (NYSE: KSS) and Target (TGT), issued Q1 results earlier today. Were they that bad?

I didn't think so. According to the press release, earnings per share increased over 60% to 80 cents. In addition, same-store sales rose 9%. Reuters says that analysts were expecting 78 cents per share. So, management did pretty well on that count.

Continue reading TJX: Buy or Sell After Q1?

Next Page >

Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 11, 2012: 03:56 AM

Hot Stocks

General Electric

18.875-0.255(-1.33)

Alcoa

10.29-0.35(-3.29)

Apple Inc

493.42+0.25(+0.05)

Google Inc 'A'

605.91-5.55(-0.91)

Bank of America

8.07-0.11(-1.34)

Wal-Mart Stores

61.90-0.06(-0.10)

Exxon Mobil Corp

83.80-1.08(-1.27)

Ford

12.44-0.25(-1.97)

Citigroup

32.925-0.735(-2.18)

IBM

192.42-0.71(-0.37)

Yahoo

16.14+0.14(+0.88)

Starbucks

48.82-0.38(-0.77)

Microsoft

30.495-0.275(-0.89)

Home Depot

45.33+0.06(+0.13)

DailyFinance Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

Page Loaded in 1328950561636 ms.