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Kontoor Brands Stock Price, Forecast & Analysis (NYSE:KTB)

$35.46
-0.57 (-1.58 %)
(As of 11/19/2019 08:08 AM ET)
Today's Range
$34.44
Now: $35.46
$36.04
50-Day Range
$33.75
MA: $37.04
$40.46
52-Week Range
$25.78
Now: $35.46
$41.75
Volume575,085 shs
Average Volume1.30 million shs
Market Capitalization$2.02 billion
P/E RatioN/A
Dividend Yield6.22%
BetaN/A

Industry, Sector and Symbol

Industry Mens' & boy's furnishings, work clothing, & allied garments
Sub-IndustryN/A
SectorConsumer Discretionary
CUSIPN/A
CIKN/A
Phone336-332-3400

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Employees17,000
Market Cap$2.02 billion
Next Earnings Date2/6/2020 (Estimated)
OptionableNot Optionable

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Kontoor Brands (NYSE:KTB) Frequently Asked Questions

What is Kontoor Brands' stock symbol?

Kontoor Brands trades on the New York Stock Exchange (NYSE) under the ticker symbol "KTB."

How often does Kontoor Brands pay dividends? What is the dividend yield for Kontoor Brands?

Kontoor Brands announced a quarterly dividend on Wednesday, October 23rd. Stockholders of record on Tuesday, December 10th will be paid a dividend of $0.56 per share on Friday, December 20th. This represents a $2.24 annualized dividend and a dividend yield of 6.32%. The ex-dividend date of this dividend is Monday, December 9th. View Kontoor Brands' Dividend History.

How were Kontoor Brands' earnings last quarter?

Kontoor Brands (NYSE:KTB) posted its quarterly earnings data on Thursday, November, 7th. The company reported $0.95 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.87 by $0.08. The business earned $638 million during the quarter, compared to analyst estimates of $646.22 million. The business's revenue for the quarter was down 9.4% on a year-over-year basis. During the same period in the prior year, the company earned $1.25 EPS. View Kontoor Brands' Earnings History.

When is Kontoor Brands' next earnings date?

Kontoor Brands is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for Kontoor Brands.

What price target have analysts set for KTB?

10 brokers have issued 12 month price targets for Kontoor Brands' stock. Their forecasts range from $7.50 to $46.00. On average, they anticipate Kontoor Brands' share price to reach $30.93 in the next year. This suggests that the stock has a possible downside of 12.8%. View Analyst Price Targets for Kontoor Brands.

What is the consensus analysts' recommendation for Kontoor Brands?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kontoor Brands in the last year. There are currently 1 sell rating, 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Kontoor Brands.

What are Wall Street analysts saying about Kontoor Brands stock?

Here are some recent quotes from research analysts about Kontoor Brands stock:
  • 1. According to Zacks Investment Research, "Kontoor Brands Inc. is an apparel company. It designs, manufactures and distributes products. The company's brand consists of Wrangler(R), Lee(R) and Rock & Republic(R). Kontoor Brands Inc. is based in Greensboro, United States. " (11/19/2019)
  • 2. Guggenheim analysts commented, "We hosted a series of meetings in New York/Boston with members of KTB management, including CFO of IR Eric Tracy. With KTB’s first public quarter behind it and after spending time with management, we continue to believe the long-term outlook for the company remains quite positive given 1) attractive top-line growth opportunities, globally, 2) a history of resilient and stable cash flow generation, and 3) a secure dividend (current yield 6.8%). We believe KTB remains a unique opportunity for investors and while we acknowledge the headwinds facing the business, we believe the management team has the playbook to return the company to healthy, profitable growth." (8/22/2019)

Has Kontoor Brands been receiving favorable news coverage?

Media coverage about KTB stock has been trending very negative recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Kontoor Brands earned a media sentiment score of -3.9 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near future. View News Stories for Kontoor Brands.

Are investors shorting Kontoor Brands?

Kontoor Brands saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 5,800,000 shares, an increase of 20.1% from the September 30th total of 4,830,000 shares. Based on an average trading volume of 812,000 shares, the short-interest ratio is presently 7.1 days. Currently, 10.3% of the shares of the stock are sold short. View Kontoor Brands' Current Options Chain.

Who are some of Kontoor Brands' key competitors?

Some companies that are related to Kontoor Brands include VF (VFC), Cintas (CTAS), Ralph Lauren (RL), PVH (PVH), Oxford Industries (OXM) and Naked Brand Group (NAKD).

What other stocks do shareholders of Kontoor Brands own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Kontoor Brands investors own include Walt Disney (DIS), AT&T (T), Intel (INTC), Visa (V), VF (VFC), Paypal (PYPL), Starbucks (SBUX), AbbVie (ABBV), salesforce.com (CRM) and JPMorgan Chase & Co. (JPM).

Who are Kontoor Brands' major shareholders?

Kontoor Brands' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Russell Investments Group Ltd. (0.60%), AMG National Trust Bank (0.37%), Rhumbline Advisers (0.25%), SPF Beheer BV (0.21%), California Public Employees Retirement System (0.14%) and Comerica Bank (0.14%). Company insiders that own Kontoor Brands stock include Juliana L Chugg and Richard Carucci. View Institutional Ownership Trends for Kontoor Brands.

Which institutional investors are selling Kontoor Brands stock?

KTB stock was sold by a variety of institutional investors in the last quarter, including Douglas Lane & Associates LLC, CIBC Private Wealth Group LLC, Global Thematic Partners LLC, D.A. Davidson & CO., Synovus Financial Corp, Clear Harbor Asset Management LLC, Bartlett & Co. LLC and SPF Beheer BV. View Insider Buying and Selling for Kontoor Brands.

Which institutional investors are buying Kontoor Brands stock?

KTB stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., State of New Jersey Common Pension Fund D, Envestnet Asset Management Inc., Pennsylvania Trust Co, Northstar Asset Management LLC, Alberta Investment Management Corp, Arbor Wealth Management LLC and Cadence Capital Management LLC. Company insiders that have bought Kontoor Brands stock in the last two years include Juliana L Chugg and Richard Carucci. View Insider Buying and Selling for Kontoor Brands.

How do I buy shares of Kontoor Brands?

Shares of KTB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Kontoor Brands' stock price today?

One share of KTB stock can currently be purchased for approximately $35.46.

How big of a company is Kontoor Brands?

Kontoor Brands has a market capitalization of $2.02 billion. Kontoor Brands employs 17,000 workers across the globe.View Additional Information About Kontoor Brands.

What is Kontoor Brands' official website?

The official website for Kontoor Brands is http://www.kontoorbrands.com/.

How can I contact Kontoor Brands?

Kontoor Brands' mailing address is 400 N. ELM STREET, GREENSBORO NC, 27401. The company can be reached via phone at 336-332-3400 or via email at [email protected]


MarketBeat Community Rating for Kontoor Brands (NYSE KTB)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  26 (Vote Outperform)
Underperform Votes:  34 (Vote Underperform)
Total Votes:  60
MarketBeat's community ratings are surveys of what our community members think about Kontoor Brands and other stocks. Vote "Outperform" if you believe KTB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe KTB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/19/2019 by MarketBeat.com Staff

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