Kohl's (KSS) Could Draw Attention From Private Equity
Get Alerts KSS Hot Sheet
Price: $19.63 +0.51%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.7%
EPS Growth %: -100.0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.7%
EPS Growth %: -100.0%
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With its stock price on the ropes, Kohl's (NYSE: KSS) is looking more and more like an attractive LBO candidate, according to the latest analyst chatter.
In an interview with Bloomberg Brian Yarbrough, an analyst for Edward Jones, said "It's a good, sound retailer. There's been more talk of it being a private equity play because it's cheap and it's not like the models broken or it's a bad business. The earnings power is there."
Kohl's has an enterprise value of $14.5 billion, according to Bloomberg, so while the stock’s price may be depressed its price tag is not exactly cheap. A Kohl's buyout would be the biggest deal in retail since 2005.
Shares of Kohl's last traded at $45.96, up 0.5%.
In an interview with Bloomberg Brian Yarbrough, an analyst for Edward Jones, said "It's a good, sound retailer. There's been more talk of it being a private equity play because it's cheap and it's not like the models broken or it's a bad business. The earnings power is there."
Kohl's has an enterprise value of $14.5 billion, according to Bloomberg, so while the stock’s price may be depressed its price tag is not exactly cheap. A Kohl's buyout would be the biggest deal in retail since 2005.
Shares of Kohl's last traded at $45.96, up 0.5%.
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