Kontoor Brands (NYSE:KTB - Get Free Report) issued an update on its third quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.350-1.350 for the period, compared to the consensus estimate of 1.594. The company issued revenue guidance of $855.0 million-$855.0 million, compared to the consensus revenue estimate of $864.2 million. Kontoor Brands also updated its FY 2025 guidance to 5.450-5.450 EPS.
Kontoor Brands Stock Performance
KTB traded down $0.09 on Monday, hitting $67.51. The company's stock had a trading volume of 497,709 shares, compared to its average volume of 735,901. The firm has a market cap of $3.75 billion, a P/E ratio of 15.08, a price-to-earnings-growth ratio of 1.55 and a beta of 1.11. The company's 50 day simple moving average is $65.07 and its 200-day simple moving average is $67.83. Kontoor Brands has a 12 month low of $50.00 and a 12 month high of $96.80. The company has a quick ratio of 0.95, a current ratio of 2.18 and a debt-to-equity ratio of 2.74.
Kontoor Brands (NYSE:KTB - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported $1.21 EPS for the quarter, beating the consensus estimate of $0.86 by $0.35. The company had revenue of $658.26 million for the quarter, compared to the consensus estimate of $632.97 million. Kontoor Brands had a return on equity of 68.76% and a net margin of 9.48%. Kontoor Brands's quarterly revenue was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.98 EPS. Analysts forecast that Kontoor Brands will post 4.82 EPS for the current year.
Kontoor Brands Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, September 19th. Investors of record on Tuesday, September 9th will be given a $0.52 dividend. The ex-dividend date of this dividend is Tuesday, September 9th. This represents a $2.08 annualized dividend and a dividend yield of 3.1%. Kontoor Brands's dividend payout ratio (DPR) is currently 46.43%.
Analysts Set New Price Targets
KTB has been the subject of a number of recent analyst reports. The Goldman Sachs Group set a $85.00 target price on shares of Kontoor Brands and gave the company a "buy" rating in a research report on Tuesday, June 10th. Wells Fargo & Company increased their target price on Kontoor Brands from $85.00 to $90.00 and gave the stock an "overweight" rating in a report on Wednesday, May 14th. UBS Group raised their price objective on Kontoor Brands from $92.00 to $99.00 and gave the stock a "buy" rating in a research report on Friday. Stifel Nicolaus lifted their price target on Kontoor Brands from $72.00 to $73.00 and gave the stock a "hold" rating in a report on Friday. Finally, Wall Street Zen upgraded Kontoor Brands from a "hold" rating to a "strong-buy" rating in a report on Saturday. One investment analyst has rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of $89.67.
Read Our Latest Report on KTB
Institutional Investors Weigh In On Kontoor Brands
Several institutional investors and hedge funds have recently bought and sold shares of the business. United Services Automobile Association bought a new position in shares of Kontoor Brands in the first quarter worth $205,000. Cetera Investment Advisers raised its holdings in shares of Kontoor Brands by 21.1% during the 2nd quarter. Cetera Investment Advisers now owns 6,188 shares of the company's stock valued at $408,000 after buying an additional 1,078 shares in the last quarter. Integrated Wealth Concepts LLC grew its position in shares of Kontoor Brands by 250.8% in the 1st quarter. Integrated Wealth Concepts LLC now owns 9,388 shares of the company's stock worth $602,000 after buying an additional 6,712 shares during the last quarter. AQR Capital Management LLC boosted its holdings in Kontoor Brands by 49.3% in the first quarter. AQR Capital Management LLC now owns 14,641 shares of the company's stock worth $939,000 after acquiring an additional 4,836 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Kontoor Brands by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 32,779 shares of the company's stock worth $2,102,000 after purchasing an additional 1,432 shares during the last quarter. Institutional investors own 93.06% of the company's stock.
About Kontoor Brands
(
Get Free Report)
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.
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