Kohl’s Corporation KSS stock is currently gaining a lot of attention from potential investors. If you are wondering whether Kohls Stock Price is a great pick or not, we are here to explain it to you.
This is mainly happening because the security in the Retail – Regional Department Stores space is witnessing heavy earnings estimate revision activity. According to Zacks Industry Rank, it is in great company.
During a rising tide, all boats in an industry can be lifted. That’s because there are big trends taking place in a segment that are increasing securities across the board. This is mainly witnessed in the Retail – Regional Department Stores space. Just so you know it is currently holding 56 ranks out of 250 industries in the Zacks Industry Rank. This means it is holding a good position, especially when compared to other segments out there.
Not just that, but Kohl’s is also performing well on its own. The firm has witnessed heavy estimate revision activity in the last month. This is why analysts are becoming a bit more bullish on the company’s prospects in both the long and short term.
Kohls Corporation Price and Consensus
The current quarter estimates have gone down from a loss of 21 cents per share to a loss of 19 cents per share in the last month. On the other hand, current year estimates have increased from $2.77 to $2.88 per share.
Currently, the company is occupying the 3rd Zacks Rank, which is indeed a positive signal.
So, if you are looking for a decent stock price to pick, you should consider Kohls. As already mentioned before, the company is holding the top third rank and also seeing heavy estimate revisions lately. All of this suggests that investing in its stock could be a great choice to make. For all interested investors seeking a name in this industry segment, Kohl’s is the right choice.
