NYSE:KTBKontoor Brands Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Kontoor Brands Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $14.04 -0.49 (-3.37 %) (As of 05/26/2020 04:00 PM ET) Add Compare Share Today's Range$13.69Now: $14.04▼$14.6550-Day Range$13.80MA: $17.69▼$21.3252-Week Range$12.90Now: $14.04▼$43.24Volume1.15 million shsAverage Volume1.05 million shsMarket Capitalization$801.75 millionP/E Ratio10.25Dividend Yield15.95%BetaN/A ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsInsider TradesInstitutional OwnershipHeadlinesSocial Media Beat the Market (BTM) Rank™ 4.1 Analyst's Opinion Consensus RatingKontoor Brands has received a consensus rating of Hold. The company's average rating score is 2.10, and is based on 3 buy ratings, 5 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $26.38, Kontoor Brands has a potential upside of 87.9% from its current price of $14.04.Amount of Analyst CoverageKontoor Brands has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.9 Community Rank Outperform VotesKontoor Brands has received 38 “outperform” votes. (Add your “outperform” vote.)Underperform VotesKontoor Brands has received 60 “underperform” votes. (Add your “underperform” vote.)Community SentimentKontoor Brands has received 61.22% “underperform” votes from our community.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. Previous Next 2.5 Dividend Strength Dividend LeadershipKontoor Brands is a leading dividend payer. It pays a dividend yield of 15.95%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthKontoor Brands does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Kontoor Brands is 58.33 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, Kontoor Brands will have a dividend payout ratio of 80.58 % in the coming year. This indicates that Kontoor Brands may not be able to sustain their current dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Kontoor Brands insiders have bought more of their company's stock than they have sold. Specifically, they have bought $288,000.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.90% of the stock of Kontoor Brands is held by insiders.Percentage Held by Institutions96.54% of the stock of Kontoor Brands is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Kontoor Brands are expected to grow by 79.35% in the coming year, from $1.55 to $2.78 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Kontoor Brands is 10.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.08.Price to Earnings Ratio vs. SectorThe P/E ratio of Kontoor Brands is 10.25, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.25.Price to Earnings Growth RatioKontoor Brands has a PEG Ratio of 2.26. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioKontoor Brands has a P/B Ratio of 11.51. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.1Community Rank: 1.9Dividend Strength: 2.5Insider Behavior: 4.0Valuation: 3.1 5 -4 -3 -2 -1 -Overall Beat the Market Rank™3.12 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Mens' & boy's furnishings, work clothing, & allied garments Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNYSE:KTB Previous Symbol CUSIPN/A CIKN/A Webwww.kontoorbrands.com Phone336-332-3400Debt Debt-to-Equity Ratio13.98 Current Ratio3.44 Quick Ratio2.10Price-To-Earnings Trailing P/E Ratio10.25 Forward P/E Ratio9.06 P/E Growth2.26 Sales & Book Value Annual Sales$2.55 billion Price / Sales0.31 Cash Flow$4.96 per share Price / Cash Flow2.83 Book Value$1.22 per share Price / Book11.51Profitability EPS (Most Recent Fiscal Year)$3.84 Net Income$96.65 million Net Margins3.27% Return on Equity380.70% Return on Assets10.89%Miscellaneous Employees15,100 Outstanding Shares57,105,000Market Cap$801.75 million Next Earnings Date8/13/2020 (Estimated) OptionableNot Optionable KTB Rates by TradingView Receive KTB News and Ratings via Email Sign-up to receive the latest news and ratings for KTB and its competitors with MarketBeat's FREE daily newsletter. Kontoor Brands (NYSE:KTB) Frequently Asked Questions How has Kontoor Brands' stock been impacted by COVID-19 (Coronavirus)? Kontoor Brands' stock was trading at $29.53 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, KTB shares have decreased by 52.5% and is now trading at $14.04. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Kontoor Brands? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kontoor Brands in the last year. There are currently 2 sell ratings, 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Kontoor Brands. When is Kontoor Brands' next earnings date? Kontoor Brands is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Kontoor Brands. How were Kontoor Brands' earnings last quarter? Kontoor Brands (NYSE:KTB) posted its earnings results on Thursday, May, 7th. The company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.05. The company earned $504 million during the quarter, compared to analysts' expectations of $522.47 million. Kontoor Brands had a net margin of 3.27% and a return on equity of 380.70%. The firm's revenue for the quarter was down 22.2% compared to the same quarter last year. View Kontoor Brands' earnings history. How often does Kontoor Brands pay dividends? What is the dividend yield for Kontoor Brands? Kontoor Brands declared a quarterly dividend on Wednesday, February 19th. Stockholders of record on Tuesday, March 10th will be paid a dividend of $0.56 per share on Friday, March 20th. This represents a $2.24 annualized dividend and a dividend yield of 15.95%. The ex-dividend date is Monday, March 9th. View Kontoor Brands' dividend history. What guidance has Kontoor Brands issued on next quarter's earnings? Kontoor Brands issued an update on its FY20 earnings guidance on Thursday, March, 5th. The company provided earnings per share guidance of $3.55-3.65 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.57. What price target have analysts set for KTB? 10 Wall Street analysts have issued 12 month price targets for Kontoor Brands' stock. Their forecasts range from $17.00 to $46.00. On average, they anticipate Kontoor Brands' share price to reach $26.38 in the next year. This suggests a possible upside of 87.9% from the stock's current price. View analysts' price targets for Kontoor Brands. Has Kontoor Brands been receiving favorable news coverage? Media coverage about KTB stock has trended somewhat negative recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Kontoor Brands earned a news sentiment score of -1.9 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutKontoor Brands. Are investors shorting Kontoor Brands? Kontoor Brands saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 8,650,000 shares, a decrease of 12.7% from the April 30th total of 9,910,000 shares. Based on an average daily trading volume, of 1,180,000 shares, the days-to-cover ratio is currently 7.3 days. Currently, 16.5% of the company's shares are short sold. View Kontoor Brands' Current Options Chain. Who are some of Kontoor Brands' key competitors? Some companies that are related to Kontoor Brands include Cintas (CTAS), VF (VFC), Ralph Lauren (RL), PVH (PVH), Oxford Industries (OXM) and Naked Brand Group (NAKD). View all competitors. 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 VF (VFC), AbbVie (ABBV), AT&T (T), Verizon Communications (VZ), Walt Disney (DIS), IBM (IBM), Intel (INTC), Gilead Sciences (GILD), NVIDIA (NVDA) and Pfizer (PFE). What is Kontoor Brands' stock symbol? Kontoor Brands trades on the New York Stock Exchange (NYSE) under the ticker symbol "KTB." Who are Kontoor Brands' major shareholders? Kontoor Brands' stock is owned by many different retail and institutional investors. Top institutional shareholders include PNC Financial Services Group Inc. (19.94%), State Street Corp (17.28%), BlackRock Inc. (12.29%), Capital World Investors (12.23%), Wellington Management Group LLP (3.76%) and Morgan Stanley (2.36%). Company insiders that own Kontoor Brands stock include Juliana L Chugg and Richard Carucci. View institutional ownership trends for Kontoor Brands. Which major investors are selling Kontoor Brands stock? KTB stock was sold by a variety of institutional investors in the last quarter, including Nicholas Investment Partners LP, Wellington Management Group LLP, Russell Investments Group Ltd., Paloma Partners Management Co, JPMorgan Chase & Co., BlackRock Inc., UBS Group AG, and Balyasny Asset Management LLC. View insider buying and selling activity for Kontoor Brands. Which major investors are buying Kontoor Brands stock? KTB stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, Morgan Stanley, Morgan Stanley, Victory Capital Management Inc., Victory Capital Management Inc., Capital World Investors, Matarin Capital Management LLC, and Schroder Investment Management Group. 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 activity 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 $14.04. How big of a company is Kontoor Brands? Kontoor Brands has a market capitalization of $801.75 million and generates $2.55 billion in revenue each year. The company earns $96.65 million in net income (profit) each year or $3.84 on an earnings per share basis. Kontoor Brands employs 15,100 workers across the globe. What is Kontoor Brands' official website? The official website for Kontoor Brands is 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] This page was last updated on 5/26/2020 by MarketBeat.com Staff
