Kontoor Brands (KTB) to Release Earnings on Tuesday

Kontoor Brands (NYSE:KTB - Get Free Report) will likely be posting its Q1 2025 quarterly earnings results before the market opens on Tuesday, May 6th. Analysts expect Kontoor Brands to post earnings of $1.16 per share and revenue of $625.44 million for the quarter.

Kontoor Brands (NYSE:KTB - Get Free Report) last announced its earnings results on Tuesday, February 25th. The company reported $1.38 EPS for the quarter, beating analysts' consensus estimates of $1.31 by $0.07. Kontoor Brands had a net margin of 9.72% and a return on equity of 73.99%. The business had revenue of $699.00 million during the quarter, compared to analysts' expectations of $698.07 million. During the same period in the prior year, the company earned $1.28 earnings per share. The firm's revenue was up 4.4% on a year-over-year basis. On average, analysts expect Kontoor Brands to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Kontoor Brands Stock Performance

NYSE:KTB traded up $3.11 during mid-day trading on Friday, hitting $63.42. 801,892 shares of the company traded hands, compared to its average volume of 538,101. The stock's fifty day moving average price is $60.93 and its 200-day moving average price is $78.01. The company has a quick ratio of 1.42, a current ratio of 2.50 and a debt-to-equity ratio of 2.09. Kontoor Brands has a one year low of $50.00 and a one year high of $96.80. The firm has a market cap of $3.51 billion, a price-to-earnings ratio of 14.28, a price-to-earnings-growth ratio of 2.12 and a beta of 0.93.

Kontoor Brands Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 20th. Shareholders of record on Tuesday, June 10th will be issued a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a yield of 3.28%. The ex-dividend date of this dividend is Tuesday, June 10th. Kontoor Brands's dividend payout ratio is currently 47.60%.

Wall Street Analyst Weigh In

KTB has been the topic of several recent analyst reports. Stifel Nicolaus reduced their price objective on shares of Kontoor Brands from $83.00 to $72.00 and set a "hold" rating on the stock in a research report on Thursday, April 10th. Barclays decreased their price objective on Kontoor Brands from $93.00 to $69.00 and set an "overweight" rating on the stock in a report on Monday. UBS Group cut their target price on shares of Kontoor Brands from $108.00 to $96.00 and set a "buy" rating for the company in a report on Friday, February 28th. Finally, Wells Fargo & Company lowered their price objective on shares of Kontoor Brands from $90.00 to $85.00 and set an "overweight" rating for the company in a research report on Wednesday. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $83.17.

Kontoor Brands Company Profile

Kontoor Brands, Inc, a lifestyle apparel company, designs, produces, procures, markets, distributes, and licenses denim, apparel, footwear, and accessories, primarily under the Wrangler and Lee brands. The company operates through two segments: Wrangler and Lee. It licenses and sells apparel under the Rock & Republic brand name.