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Kontoor Brands Inc (KTB)
NYSE:KTB
Kontoor Brands (KTB) Stock Price & Analysis
326 Followers
KTB Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$36.06 - $63.96
Previous Close$62.2
Volume700.17K
Average Volume (3M)614.29K
Market Cap
$3.36B
Enterprise Value$4.09B
Total Cash (Recent Filing)$215.05M
Total Debt (Recent Filing)$841.68M
Price to Earnings (P/E)15.3
Beta1.02
Next Earnings
May 02, 2024EPS Estimate
$0.91Next Dividend Ex-Date
Jun 10, 2024Dividend Yield3.17%
Share Statistics
EPS (TTM)4.06
Shares Outstanding55,759,632
10 Day Avg. Volume505,849
30 Day Avg. Volume614,289
Standard Deviation0.14
R-Squared0.20
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)23.04
Price to Sales (P/S)5.18
Price to Cash Flow (P/CF)4.10
P/FCF Ratio3.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.57
Enterprise Value/Gross Profit3.76
Enterprise Value/Ebitda15.53
Forecast
1Y Price Target
$67.50Price Target Upside8.52% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
Kontoor Brands News
PremiumCompany Announcements
Kontoor Brands Executive Transition and Compensation Agreement
PremiumCompany Announcements
Kontoor Brands Names Waldron EVP and COO with New IncentivesPremiumCompany Announcements
Kontoor Brands Appoints New Director, Expands Board
Bulls Say, Bears Say
Bulls Say
Cost Savings InitiativeThe launch of Project Jeanius should provide margin tailwinds long-term.
Financial OutlookAnalyst maintains a BUY rating and increases the price target to $62.
Market PerformanceDenim sell-through of both Wrangler and Lee in US wholesale increased 2%, outpacing the market by 500 basis points.
Bears Say
Financial GuidanceKTB's fiscal year 2024 guidance fell below analyst expectations.
Profitability ConcernsAdjusted Q4 gross margin declined 230 basis points to 43.1%, below the estimate.
Revenue PerformanceKTB's 4Q revenue missed expectations, primarily driven by a significant decline in US wholesale.
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Ownership Overview
2.14% Insiders
35.86% Mutual Funds
30.34% Other Institutional Investors
31.66% 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 $36.05 and its highest was $63.96 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 May 02, 2024 which is in 4 days.
How were Kontoor Brands Inc’s earnings last quarter?
Kontoor Brands Inc released its earnings results on Feb 28, 2024. The company reported $1.35 earnings per share for the quarter, missing the consensus estimate of $1.358 by -$0.008.
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 3.17%. See more information on Kontoor Brands Inc dividends here
What is Kontoor Brands Inc’s EPS estimate?
Kontoor Brands Inc’s EPS estimate is $0.91.
How many shares outstanding does Kontoor Brands Inc have?
Kontoor Brands Inc has 55,759,632 shares outstanding.
What happened to Kontoor Brands Inc’s price movement after its last earnings report?
Kontoor Brands Inc reported an EPS of $1.35 in its last earnings report, missing expectations of $1.358. Following the earnings report the stock price went down -8.946%.
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 11M.
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Kontoor Brands Stock Smart Score
Neutral
1
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9
10
Analyst Consensus
Strong Buy
Average Price Target:
$67.50 (8.52% Upside)
$67.50 (8.52% Upside)
Blogger Sentiment
Neutral
KTB Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 128.1K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $6.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 8.6%
Last 30 Days ▼ 8.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
44.46%
12-Months-Change
Fundamentals
Return on Equity
74.19%
Trailing 12-Months
Asset Growth
3.99%
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
Q4 2024
0:00 / 0:00
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KTB Stock 12 Months Forecast
Average Price Target
$67.50
▲(8.52% Upside)
Technical Analysis
Best Analysts Covering KTB
1 Year
1 Year Success Rate
11/15 ratings generated profit
1 Year Average Return
+30.75%
reiterated a buy rating 2 months ago
Copying Robert Drbul's trades and holding each position for 1 Year would result in 73.33% of your transactions generating a profit, with an average return of +30.75% per trade.
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