BTIG Research Reaffirms "Buy" Rating for Kontoor Brands (NYSE:KTB)

Key Points

• BTIG Research reaffirmed a Buy rating on Kontoor Brands with a $100 price target, implying roughly a 36% upside from the prior close.
• Analyst coverage is mixed but tilted positive — MarketBeat shows a consensus of Moderate Buy with an average price target of $91 (2 Strong Buy, 5 Buy, 3 Hold, 1 Sell).
• Kontoor beat quarterly expectations with $1.73 EPS and revenue up 45.6% YoY, and issued FY2026 guidance of 6.400–6.500 EPS (consensus ~6.46).

Kontoor Brands (NYSE:KTB - Get Free Report)'s stock had its "buy" rating restated by equities research analysts at BTIG Research in a report released on Friday,Benzinga reports. They currently have a $100.00 price target on the stock. BTIG Research's price target suggests a potential upside of 36.00% from the stock's previous close.

Several other research analysts also recently commented on the stock. Stifel Nicolaus raised their price target on shares of Kontoor Brands from $75.00 to $80.00 and gave the company a "hold" rating in a report on Tuesday, March 3rd. Zacks Research upgraded shares of Kontoor Brands from a "hold" rating to a "strong-buy" rating in a research report on Thursday, April 16th. Wall Street Zen upgraded shares of Kontoor Brands from a "buy" rating to a "strong-buy" rating in a research report on Saturday, April 18th. UBS Group lifted their target price on shares of Kontoor Brands from $118.00 to $131.00 and gave the company a "buy" rating in a research note on Wednesday, March 4th. Finally, Jefferies Financial Group began coverage on shares of Kontoor Brands in a research note on Wednesday, February 4th. They set a "hold" rating and a $65.00 target price on the stock. Two investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $91.00.

Kontoor Brands Trading Up 2.1%

NYSE:KTB opened at $73.53 on Friday. The company has a debt-to-equity ratio of 2.01, a quick ratio of 0.87 and a current ratio of 1.82. The firm has a market cap of $4.06 billion, a price-to-earnings ratio of 18.16 and a beta of 1.05. Kontoor Brands has a 52 week low of $53.55 and a 52 week high of $87.00. The firm has a 50-day moving average price of $70.84 and a two-hundred day moving average price of $69.66.

Kontoor Brands (NYSE:KTB - Get Free Report) last issued its quarterly earnings results on Tuesday, March 3rd. The company reported $1.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.65 by $0.08. Kontoor Brands had a net margin of 7.22% and a return on equity of 62.02%. The business's revenue for the quarter was up 45.6% on a year-over-year basis. During the same quarter last year, the company posted $1.38 earnings per share. Kontoor Brands has set its FY 2026 guidance at 6.400-6.500 EPS. On average, equities analysts expect that Kontoor Brands will post 6.46 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Kontoor Brands

Hedge funds have recently bought and sold shares of the business. Transamerica Financial Advisors LLC boosted its stake in Kontoor Brands by 335.5% during the fourth quarter. Transamerica Financial Advisors LLC now owns 405 shares of the company's stock worth $25,000 after acquiring an additional 312 shares in the last quarter. Clearstead Advisors LLC boosted its stake in Kontoor Brands by 2,538.5% during the third quarter. Clearstead Advisors LLC now owns 343 shares of the company's stock worth $27,000 after acquiring an additional 330 shares in the last quarter. Torren Management LLC bought a new stake in Kontoor Brands during the fourth quarter worth about $27,000. Salomon & Ludwin LLC boosted its stake in Kontoor Brands by 2,614.3% during the third quarter. Salomon & Ludwin LLC now owns 380 shares of the company's stock worth $31,000 after acquiring an additional 366 shares in the last quarter. Finally, First Horizon Corp bought a new stake in Kontoor Brands during the third quarter worth about $31,000. Institutional investors own 93.06% of the company's stock.

About Kontoor Brands

Kontoor Brands, Inc is a global apparel company best known for its Wrangler and Lee denim and lifestyle brands. Established as an independent, publicly traded company in May 2019 following a spin-off from VF Corporation, Kontoor leverages a legacy that dates back to 1889 with the founding of Lee and to 1947 with the introduction of the Wrangler brand. The company focuses on designing, manufacturing and distributing premium, casual and workwear apparel, including jeans, pants, shorts, shirts, jackets and complementary accessories.

Kontoor Brands operates a diversified sales model that combines wholesale partnerships with leading retailers, distribution through e-commerce channels and select direct-to-consumer formats.

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