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NYSE:KTBKontoor Brands Stock Price, Forecast & News

$16.10
+0.62 (+4.01 %)
(As of 07/10/2020 04:00 PM ET)
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Today's Range
$15.29
Now: $16.10
$16.20
50-Day Range
$14.04
MA: $17.63
$22.84
52-Week Range
$12.90
Now: $16.10
$43.24
Volume661,939 shs
Average Volume1.21 million shs
Market Capitalization$919.39 million
P/E Ratio11.75
Dividend Yield14.47%
Beta1.24
Kontoor Brands, Inc. designs, manufactures, sources, markets, and distributes apparel under the Wrangler and Lee brands in the United States and internationally. The company sells its products primarily through mass and mid-tier retailers, specialty stores, department stores, and retailer-owned and third-party e-commerce sites, as well as through direct-to-consumer channels, including full-price stores, outlet stores, and its Websites. Kontoor Brands, Inc. was incorporated in 2018 and is headquartered in Greensboro, North Carolina.
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Beat the Market (BTM) Rank

Analyst Opinion: 4.0Community Rank: 2.0Dividend Strength: 2.5Insider Behavior: 4.0Valuation: 3.1 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

3.13 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.55 billion
Cash Flow$4.82 per share
Book Value$1.22 per share

Profitability

Net Income$96.65 million

Miscellaneous

Employees15,100
Market Cap$919.39 million
Next Earnings Date8/13/2020 (Estimated)
OptionableNot Optionable

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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 reached pandemic status according to the World Health Organization (WHO). Since then, KTB stock has decreased by 45.5% and is now trading at $16.10. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Kontoor Brands?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kontoor Brands in the last year. There are currently 4 sell ratings, 3 hold ratings and 5 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) released its earnings results on Thursday, May, 7th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.22 by $0.05. The business earned $504 million during the quarter, compared to analyst estimates of $522.47 million. Kontoor Brands had a net margin of 3.27% and a return on equity of 380.70%. The business's revenue was down 22.2% on a year-over-year basis. View Kontoor Brands' earnings history.

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

Kontoor Brands announced 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 yield of 13.91%. The ex-dividend date of this dividend is Monday, March 9th. View Kontoor Brands' dividend history.

What price target have analysts set for KTB?

12 Wall Street analysts have issued 1-year price objectives for Kontoor Brands' stock. Their forecasts range from $17.00 to $46.00. On average, they anticipate Kontoor Brands' share price to reach $27.63 in the next twelve months. This suggests a possible upside of 71.6% 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 on Saturday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Kontoor Brands earned a media sentiment score of -1.8 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news about Kontoor Brands.

Are investors shorting Kontoor Brands?

Kontoor Brands saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 6,170,000 shares, a decline of 47.8% from the June 15th total of 11,810,000 shares. Based on an average daily trading volume, of 1,760,000 shares, the days-to-cover ratio is currently 3.5 days. Currently, 11.7% of the company's stock 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 institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.19%) and Robecosam AG (0.03%). Company insiders that own Kontoor Brands stock include Juliana L Chugg, Richard Carucci and Thomas E Waldron. 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 Robecosam AG. View insider buying and selling activity 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 Envestnet Asset Management Inc.. Company insiders that have bought Kontoor Brands stock in the last two years include Juliana L Chugg, Richard Carucci, and Thomas E Waldron. 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 $16.10.

How big of a company is Kontoor Brands?

Kontoor Brands has a market capitalization of $919.39 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 7/11/2020 by MarketBeat.com Staff

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