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 $17.48 +0.18 (+1.04 %) (As of 07/6/2020 04:00 PM ET) Add Compare Share Today's Range$17.41Now: $17.48▼$18.0050-Day Range$13.84MA: $17.27▼$22.8452-Week Range$12.90Now: $17.48▼$43.24Volume630,156 shsAverage Volume1.22 million shsMarket Capitalization$998.20 millionP/E Ratio12.76Dividend Yield12.95%Beta1.24 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 4.0 Analyst's Opinion Consensus RatingKontoor Brands has received a consensus rating of Hold. The company's average rating score is 2.08, and is based on 5 buy ratings, 3 hold ratings, and 4 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $27.63, Kontoor Brands has a potential upside of 58.0% from its current price of $17.48.Amount of Analyst CoverageKontoor Brands has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Community Rank Outperform VotesKontoor Brands has received 41 “outperform” votes. (Add your “outperform” vote.)Underperform VotesKontoor Brands has received 63 “underperform” votes. (Add your “underperform” vote.)Community SentimentKontoor Brands has received 60.58% “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 12.95%, 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 83.90% 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 $390,768.00 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 Institutions96.53% 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 92.09% in the coming year, from $1.39 to $2.67 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Kontoor Brands is 12.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.71.Price to Earnings Ratio vs. SectorThe P/E ratio of Kontoor Brands is 12.76, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 33.29.Price to Earnings Growth RatioKontoor Brands has a PEG Ratio of 3.09. 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 14.33. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next 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 Stock Exchange NYSE Industry Mens' & boy's furnishings, work clothing, & allied garments Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNYSE:KTB Previous Symbol CUSIPN/A CIK1760965 Webwww.kontoorbrands.com Phone336-332-3400Debt Debt-to-Equity Ratio13.98 Current Ratio3.44 Quick Ratio2.10Price-To-Earnings Trailing P/E Ratio12.76 Forward P/E Ratio12.58 P/E Growth3.09 Sales & Book Value Annual Sales$2.55 billion Price / Sales0.39 Cash Flow$5.01 per share Price / Cash Flow3.49 Book Value$1.22 per share Price / Book14.33Profitability 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$998.20 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 COVID-19 reached pandemic status according to the World Health Organization. Since then, KTB stock has decreased by 40.8% and is now trading at $17.48. 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) posted its quarterly earnings results on Thursday, May, 7th. The company reported $0.27 earnings per share for the quarter, topping analysts' consensus estimates 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 firm's quarterly 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. Investors 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 12.81%. 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 12 month price objectives for Kontoor Brands' shares. Their forecasts range from $17.00 to $46.00. On average, they expect Kontoor Brands' share price to reach $27.63 in the next year. This suggests a possible upside of 58.0% from the stock's current price. View analysts' price targets for Kontoor Brands. Has Kontoor Brands been receiving favorable news coverage? Headlines about KTB stock have been trending negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Kontoor Brands earned a news sentiment score of -2.1 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news about Kontoor Brands. Are investors shorting Kontoor Brands? Kontoor Brands saw a decline in short interest in 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. Approximately 11.7% of the shares of the 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." 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 $17.48. How big of a company is Kontoor Brands? Kontoor Brands has a market capitalization of $998.20 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 7/6/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
