Kohl's (KSS) Could Draw Attention From Private Equity
Tweet Send to a Friend
Get Alerts KSS Hot Sheet
Price: $51.82 -0.61%
Overall Analyst Rating:
NEUTRAL (
Down)
Dividend Yield: 2.7%
EPS Growth %: +4.8%
Overall Analyst Rating:
NEUTRAL (
Down)Dividend Yield: 2.7%
EPS Growth %: +4.8%
Trade KSS Now!
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%.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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%.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- UPDATE: Chile regulators stopped build, imposed sanctions on Barrick Gold (ABX)
- UPDATE: Sears Holding Corp. (SHLD) Reports Q1 Loss of $1.29
- Dover (DOV) Latest Diversified Industrial to Announce Streamlining; More to Follow?
Create E-mail Alert Related Categories
Insiders' Blog, Private Equity, RumorsRelated Entities
Edward Jones, Earnings
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
