KSS Stock Forecast: Activist Investors ‘Wakeup Call’ Signals Start of a Change

This KSS stock forecast article was written by Maria Grishaev, Analyst at I Know First.

Executive Summary

  • Kohl's Corporation had a mixed year in 2020. The stock price went down by 17.28% from $48.50 to $40.69 due to the COVID-19 pandemic.
  • Following a public dispute with an activist investors group and sequential agreement, fixing everything the activist group outlined in their analysis of Kohl's is ahead.
  • Quantitative analysis results indicate bullish signals after stock price topped out the moving average line.
  • KSS deserves a one-year target price of $80, representing revenue growth and business model improvements.

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GME Stock Forecast: Stock to Continue to Rise Even After 137% Surge

This GME stock forecast article was written by Maria Grishaev, Analyst at I Know First.

Executive Summary

  • Following the announcement of the partnership with Microsoft, GameStop Corp received a boost in stock price.
  • Quantitative analysis results indicate bullish signals after stock price topped out the moving average line.
  • GME deserves a one-year target price of 22$, representing revenue growth.

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Quick Win by the Algorithm: Stein Mart, Inc. (NASDAQ: SMRT) Returns up to 230.21% in 3 Months

“Fashion is part of the daily air and it changes all the time, with all the events. You can even see the approaching of a revolution in clothes. You can see and feel everything in clothes.”

– Diana Vreeland

(Source: Flickr)

Stein Mart, Inc. is a national discount retailer offering fashion merchandise, services

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Winning DEST Forecast: Destination Maternity Destined To Outperform Market Over 3 Day and 3 Months

The company is working “to implement a comprehensive and attainable business plan geared toward accelerating revenue growth, rationalizing expenses and improving profitability. This includes identifying opportunities to expand our ecommerce sales platform, prioritizing inventory optimization and developing new partnerships and innovations that will help us

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Winning CATO Stock Forecast: Cato Fashions Continues Comeback in 2018

“We are starting to see more favorable sales trends as a result of adjustments to our merchandise strategy. We remain optimistic about our ability to build on this momentum going forward.”

John Cato, Chairman, President, and Chief Executive Officer

(Source: Wikimedia Commons)

On May 23, the I Know First algorithm gave the =&0=& a signal of 22.27 and predictability of .22 over a 14 day time horizon in the stocks under $20 forecast package. In accordance with the algorithm, over this time period from May 23 to June 6, the stock increased to $23.80 from a closing price of $17.46 on M ay 22, a gain of 36.33%.

Last year, Cato Fashions was one of the small specialty retailers struggling the most from the retail apocalypse. However, on May 24, CATO announced their earnings for Q1 2019 which were must better than expected and are beginning to show a promising future for the company. The company increased revenue to $23.4 million in Q1 2018 from $22.2 million in Q1 2017. This corresponded with EPS of $0.94 in comparison, an increase of 11%. Additionally, gross margin increased 1% to 39.7% thanks to lower buying and opportunity costs and higher merchandise margins. Sales decreased only 1% from last year to $236 million. However, for the 4 weeks ending on June 2, 2018, same store sales increased 9% to $77.3 million from the four week period ending on June 3, 2017. This pick up in sales is a major improvement for the specialty clothing brand as the retail industry has struggled with bringing customers into stores.

The gains of over 35% for CATO over the duration of the bullish forecast for the company highlight the accuracy of the I Know First algorithm.

Current I Know First subscribers received this bullish CATO forecast on May 23, 2018.

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Macy’s Stock Forecast: Macy’s Putting Up Fight Against Online Retail Behemoths

This article was written by Julia Masch, a Financial Analyst at I Know First

 

Summary:

  • Stock price surge on strong Q1 report
  • New initiatives to compete with Amazon
  • Implementation of Virtual and Augmented Reality
  • I Know First Current Bullish Forecast for Macy’s Stock

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