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Kontoor Brands Inc (KTB)
NYSE:KTB
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KTB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$39.90 - $78.17
Previous Close$77.18
Volume445.89K
Average Volume (3M)403.86K
Market Cap
$4.30B
Enterprise Value$4.88B
Total Cash (Recent Filing)$224.30M
Total Debt (Recent Filing)$808.28M
Price to Earnings (P/E)18.2
Beta0.76
Next Earnings
Oct 31, 2024EPS Estimate
$1.26Last Dividend Ex-Date
Sep 10, 2024Dividend Yield2.58%
Share Statistics
EPS (TTM)4.22
Shares Outstanding55,685,269
10 Day Avg. Volume252,678
30 Day Avg. Volume403,856
Standard Deviation0.13
R-Squared0.22
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)11.71
Price to Sales (P/S)1.67
Price to Cash Flow (P/CF)10.80
P/FCF Ratio10.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.91
Enterprise Value/Gross Profit4.49
Enterprise Value/Ebitda18.07
Forecast
1Y Price Target
$81.50Price Target Upside5.57% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
Kontoor Brands News
Bulls Say, Bears Say
Bulls Say
Earnings PerformanceKontoor Brands Inc. (KTB) reported a stronger than expected first quarter result.
Future Earnings PotentialFollowing the earnings report, guidance for future earnings was raised.
Strategic InitiativesThe Project Jeanius Cost Savings Program is expected to yield significant improvements in gross profit and general/administrative expenses.
Bears Say
EarningsKTB's 4Q revenue missed expectations, primarily driven by a significant decline in US wholesale.
GuidanceKTB's fiscal year 2024 guidance fell below analyst expectations.
Sales PerformanceUS Wholesale momentum stalls with a significant pullback in orders and retailers keeping tight control over budgets.
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Ownership Overview
2.12% Insiders
37.09% Mutual Funds
43.23% Other Institutional Investors
17.57% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Kontoor Brands
Desktop Users
Mobile Users
KTB FAQ
What was Kontoor Brands Inc’s price range in the past 12 months?
Kontoor Brands Inc lowest stock price was $39.90 and its highest was $78.17 in the past 12 months.
What is Kontoor Brands Inc’s market cap?
Currently, no data Available
When is Kontoor Brands Inc’s upcoming earnings report date?
Kontoor Brands Inc’s upcoming earnings report date is Oct 31, 2024 which is in 43 days.
How were Kontoor Brands Inc’s earnings last quarter?
Kontoor Brands Inc released its earnings results on Aug 01, 2024. The company reported $0.98 earnings per share for the quarter, beating the consensus estimate of $0.878 by $0.102.
Is Kontoor Brands Inc overvalued?
According to Wall Street analysts Kontoor Brands Inc’s price is currently Undervalued.
Does Kontoor Brands Inc pay dividends?
Kontoor Brands Inc pays a Quarterly dividend of $0.5 which represents an annual dividend yield of 2.58%. See more information on Kontoor Brands Inc dividends here
What is Kontoor Brands Inc’s EPS estimate?
Kontoor Brands Inc’s EPS estimate is $1.26.
How many shares outstanding does Kontoor Brands Inc have?
Kontoor Brands Inc has 55,685,270 shares outstanding.
What happened to Kontoor Brands Inc’s price movement after its last earnings report?
Kontoor Brands Inc reported an EPS of $0.98 in its last earnings report, beating expectations of $0.878. Following the earnings report the stock price went up 2.699%.
Which hedge fund is a major shareholder of Kontoor Brands Inc?
Among the largest hedge funds holding Kontoor Brands Inc’s share is Royce & Associates LLC. It holds Kontoor Brands Inc’s shares valued at 9M.
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Kontoor Brands Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$81.50 (5.57% Upside)
$81.50 (5.57% Upside)
Blogger Sentiment
Neutral
KTB Sentiment 50%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Decreased
By 35.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 3.9%
Last 30 Days ▼ 2.3%
Last 30 Days ▼ 2.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
78.11%
12-Months-Change
Fundamentals
Return on Equity
69.40%
Trailing 12-Months
Asset Growth
0.26%
Trailing 12-Months
Company Description
Kontoor Brands Inc
Kontoor Brands, Inc. engages in the manufacture and sale of apparel. It designs, manufactures, sources, markets, and distributes its portfolio of brands which include Wrangler and Lee denim, apparel, and accessories. The company was founded on November 11, 2018 and is headquartered in Greensboro, NC.
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KTB Earnings Call
Q2 2024
0:00 / 0:00
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KTB Stock 12 Month Forecast
Average Price Target
$81.50
▲(5.57% Upside)
Technical Analysis
Best Analysts Covering KTB
1 Year
1 Year Success Rate
10/10 ratings generated profit
1 Year Average Return
+24.88%
reiterated a buy rating 2 months ago
Copying Jim Duffy's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +24.88% per trade.
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