Kohl’s Corporation (NYSE:KSS)’s shares dropped on Tuesday after Morgan Stanley (NYSE:MS) reduces to underweight from an equal-weight rating, questioning if the U.S. retailer can drive sufficient sales growth to meet market anticipations of $4.39 earnings per share in 2013.
The Morgan Stanley analysts highlighted those macro headwinds in addition to higher payroll taxes could have an impact on the firm’s earnings. KSS’ high mid-tier consumer contact makes the department store particularly vulnerable, in their view. The analysts said in the note that ’13 sales and coupon re-intro intensifies spirited pressures.
Kohl’s Corporation (NYSE:KSS) stock hit highest price at $46.56, beginning with a price of $46.56 and reported decreased -4.08% to the closed at $46.56 with day range of $46.56-$46.56. The total market capitalization remained $10.76 billion, total volume held in the session was 4.98 million shares surprisingly higher than its average volume of 2.80 million shares.
To check the Stocks ups and downs, KSS last week stock price volatility remained 2.01% and month was at 1.92%. KSS generated revenue of 19.28 billion in the following twelve months income of $987.00 million. The Company showed a positive 5.12% in the net profit margin and in addition to in its operating margin which remained 9.80%. Company’s annual sales growth for the past five year was 3.19%.
The KSS past twelve months price to sales ratio was 0.56 and price to cash ratio remained 19.94. As far as if notice on other major contributors of similar sectors have sale ratio and price to cash ratio remained J.C. Penney Company, Inc. (NYSE:JCP)’s P/S 0.27% P/C 3.84%, Saks Inc (NYSE:SKS)’s P/S 0.57% P/C 23.70%, Sears Holdings Corporation (NASDAQ:SHLD)’s P/S 0.14% P/C 8.85%, The Bon-Ton Stores, Inc. (NASDAQ:BONT)’s P/S 0.09% P/C 33.71%.
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