Kss stock forecast assessments remain sensitive to US

KSS stock forecast assessments remain sensitive to US retail employment trends; October hiring upticks historically correlate with improved quarterly performance. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. The dividend is substantial , yielding about 3.3% in early September. The payout ratio is healthy at 55% following the recent cut and is expected to improve over time. Balance sheet highlights include reduced cash and inventory, current and total assets, offset by reduced current debt and total liabilities. The net result is a 2.6% increase in shareholder equity and persistently low leverage. The company’s long-term debt is running below 0.5x the equity and about 0.5x the inventory, leaving it in a healthy condition, able to continue with its turnaround process. Competitive pressures from rival retail chains are moderating, giving KSS stock forecast an edge as Kohl’s engages in more effective markdown strategies.