NYSE:KTB Kontoor Brands Stock Forecast, Price & News Adding Choose a watchlist: 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, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $32.86 -0.51 (-1.53%) (As of 07/1/2022 02:46 PM ET) Add Compare Share Today's Range$32.22▼$33.7350-Day Range$31.56▼$42.6152-Week Range$30.98▼$61.24Volume12,204 shsAverage Volume490,905 shsMarket Capitalization$1.84 billionP/E Ratio9.08Dividend Yield5.47%Price Target$42.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaSustainability View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive KTB Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Kontoor Brands and its competitors with MarketBeat's FREE daily newsletter. Email Address KTB Stock Forecast (MarketRank)Overall MarketRank™2.97 out of 5 starsConsumer Discretionary Sector43rd out of 404 stocksMens' & Boy's Furnishings, Work Clothing, & Allied Garments Industry5th out of 7 stocksAnalyst Opinion: 3.0Community Rank: 3.7Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 3.1 5 -4 -3 -2 -1 - 3.0 Analyst's Opinion Consensus RatingKontoor Brands has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $42.00, Kontoor Brands has a forecasted upside of 28.0% from its current price of $32.81.Amount of Analyst CoverageKontoor Brands has only been the subject of 2 research reports in the past 90 days. Previous Next 3.7 Community Rank Outperform VotesKontoor Brands has received 63 “outperform” votes. (Add your “outperform” vote.)Underperform VotesKontoor Brands has received 51 “underperform” votes. (Add your “underperform” vote.)Community SentimentKontoor Brands has received 55.26% “outperform” 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 3.3 Dividend Strength Dividend LeadershipKontoor Brands is a leading dividend payer. It pays a dividend yield of 5.47%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthKontoor Brands has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Kontoor Brands is 50.83%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Kontoor Brands will have a dividend payout ratio of 36.80% next year. This indicates that Kontoor Brands will be able to sustain or increase its dividend. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Kontoor Brands insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.30% of the stock of Kontoor Brands is held by insiders.Percentage Held by Institutions99.18% 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 5.04% in the coming year, from $4.76 to $5.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Kontoor Brands is 9.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.34.Price to Earnings Ratio vs. SectorThe P/E ratio of Kontoor Brands is 9.06, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.20.Price to Earnings Growth RatioKontoor Brands has a PEG Ratio of 0.89. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioKontoor Brands has a P/B Ratio of 12.72. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Kontoor Brands (NYSE:KTB)Kontoor Brands, Inc., a lifestyle apparel company, designs, manufactures, procures, markets, and distributes denim, apparel, and accessories under the Wrangler, Lee, and Rock & Republic brands in the United States and internationally. It operates through two segments, Wrangler and Lee. The company sells its products primarily through mass merchants, specialty stores, mid-tier and traditional department stores, company-operated stores, and online. As of January 1, 2022, it operated 80 retail stores across the Americas, Europe, the Middle East, Africa, and the Asia-Pacific regions. The company was incorporated in 2018 and is headquartered in Greensboro, North Carolina.Read More KTB Stock News HeadlinesJune 23, 2022 | finance.yahoo.comIs Now The Time To Look At Buying Kontoor Brands, Inc. (NYSE:KTB)?June 18, 2022 | americanbankingnews.comKontoor Brands (NYSE:KTB) Hits New 1-Year Low at $32.01June 14, 2022 | seekingalpha.comKontoor Brands is expected to ride Wrangler, Lee brands to big gainJune 14, 2022 | finance.yahoo.comCelebrating American Culture and the Spirit of Originality, Lee® Sponsors 2022 Bonnaroo® Music & Arts FestivalJune 11, 2022 | americanbankingnews.comKontoor Brands (NYSE:KTB) Lowered to "Neutral" at The Goldman Sachs GroupJune 10, 2022 | americanbankingnews.comKontoor Brands (NYSE:KTB) Shares Gap Down to $40.05June 9, 2022 | finance.yahoo.comAndrew E. Page, EVP and Chief Financial Officer of Foot Locker, Inc., Elected to Kontoor Brands Board of DirectorsJune 9, 2022 | finance.yahoo.comDo Kontoor Brands's (NYSE:KTB) Earnings Warrant Your Attention?June 9, 2022 | americanbankingnews.comKontoor Brands (NYSE:KTB) Lowered to Equal Weight at BarclaysJune 5, 2022 | seekingalpha.comKontoor Brands: Forever In Blue Jeans With A ~5% Dividend YieldMay 23, 2022 | nasdaq.comNotable Monday Option Activity: ADSK, KTB, HONMay 18, 2022 | seekingalpha.comStifel analyst lowers price target on Kontoor Brands to $45 from $50May 18, 2022 | nasdaq.comKTB Dividend Yield Pushes Above 5%See More Headlines Industry, Sector and Symbol Stock ExchangeNYSE Industry Mens' & boy's furnishings, work clothing, & allied garments Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNYSE:KTB CUSIPN/A CIK1760965 Webwww.kontoorbrands.com Phone(336) 332-3400FaxN/AEmployees14,000Year FoundedN/ACompany Calendar Last Earnings5/05/2022Ex-Dividend for 6/20 Dividend6/09/2022Dividend Payable6/20/2022Today7/01/2022Next Earnings (Estimated)8/04/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$42.00 High Stock Price Forecast$45.00 Low Stock Price Forecast$40.00 Forecasted Upside/Downside+27.8%Consensus RatingHold Rating Score (0-4)2 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$3.62 Trailing P/E Ratio9.08 Forward P/E Ratio6.90 P/E Growth0.89Net Income$195.42 million Net Margins8.46% Pretax Margin10.54% Return on Equity138.25% Return on Assets14.83% Debt Debt-to-Equity Ratio4.29 Current Ratio2.01 Quick Ratio1.12 Sales & Book Value Annual Sales$2.48 billion Price / Sales0.74 Cash Flow$4.93 per share Price / Cash Flow6.67 Book Value$2.58 per share Price / Book12.74Miscellaneous Outstanding Shares56,024,000Free Float54,735,000Market Cap$1.84 billion OptionableNot Optionable Beta1.09 Kontoor Brands Frequently Asked Questions Should I buy or sell Kontoor Brands stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kontoor Brands in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Kontoor Brands stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in KTB, but not buy additional shares or sell existing shares. View analyst ratings for Kontoor Brands or view top-rated stocks. What is Kontoor Brands' stock price forecast for 2022? 2 equities research analysts have issued twelve-month target prices for Kontoor Brands' stock. Their KTB stock forecasts range from $40.00 to $45.00. On average, they predict Kontoor Brands' stock price to reach $42.00 in the next twelve months. This suggests a possible upside of 28.0% from the stock's current price. View analysts' price targets for Kontoor Brands or view top-rated stocks among Wall Street analysts. How has Kontoor Brands' stock performed in 2022? Kontoor Brands' stock was trading at $51.25 at the beginning of 2022. Since then, KTB stock has decreased by 36.0% and is now trading at $32.81. View the best growth stocks for 2022 here. Are investors shorting Kontoor Brands? Kontoor Brands saw a increase in short interest during the month of May. As of May 31st, there was short interest totaling 4,200,000 shares, an increase of 22.4% from the May 15th total of 3,430,000 shares. Based on an average daily volume of 507,200 shares, the short-interest ratio is presently 8.3 days. Approximately 7.7% of the shares of the stock are short sold. View Kontoor Brands' Short Interest. When is Kontoor Brands' next earnings date? Kontoor Brands is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022. View our earnings forecast for Kontoor Brands. How were Kontoor Brands' earnings last quarter? Kontoor Brands, Inc. (NYSE:KTB) posted its quarterly earnings data on Thursday, May, 5th. The company reported $1.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.23 by $0.17. The business had revenue of $679.70 million for the quarter, compared to the consensus estimate of $655.65 million. Kontoor Brands had a net margin of 8.46% and a trailing twelve-month return on equity of 138.25%. The firm's revenue was up 4.3% on a year-over-year basis. During the same quarter last year, the company posted $1.43 EPS. 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, April 20th. Stockholders of record on Friday, June 10th will be paid a dividend of $0.46 per share on Monday, June 20th. This represents a $1.84 dividend on an annualized basis and a yield of 5.61%. The ex-dividend date of this dividend is Thursday, June 9th. View Kontoor Brands' dividend history. Is Kontoor Brands a good dividend stock? Kontoor Brands(NYSE:KTB) pays an annual dividend of $1.84 per share and currently has a dividend yield of 5.47%. KTB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Kontoor Brands does not yet have a strong track record of dividend growth. The dividend payout ratio of Kontoor Brands is 50.83%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Kontoor Brands will have a dividend payout ratio of 36.80% next year. This indicates that Kontoor Brands will be able to sustain or increase its dividend. View Kontoor Brands' dividend history. What guidance has Kontoor Brands issued on next quarter's earnings? Kontoor Brands issued an update on its FY 2022 earnings guidance on Monday, May, 23rd. The company provided earnings per share (EPS) guidance of $4.75-$4.85 for the period, compared to the consensus earnings per share estimate of $4.52. The company issued revenue guidance of $2.70B-, compared to the consensus revenue estimate of $2.70 billion. Who are Kontoor Brands' key executives? Kontoor Brands' management team includes the following people: Mr. Scott H. Baxter, Pres, CEO & Chair of the Board (Age 57, Pay $4.3M)Mr. Rustin E. Welton, Exec. VP & CFO (Age 52, Pay $1.57M)Mr. Thomas E. Waldron, Exec. VP, Global Brand Pres of Wrangler & Co-Chief Operating Officer (Age 54, Pay $1.44M)Mr. Christopher Waldeck, Exec. VP, Global Brand Pres of Lee & Co-Chief Operating Officer (Age 55, Pay $1.44M)Denise Sumner, VP & Chief Accounting OfficerEric Tracy, VP of Corp. Fin. & Investor RelationsMiranda Stephani, Deputy Gen. Counsel & Assistant Corp. Sec.Vanessa McCutchen, VP of Corp. CommunicationsMs. Tammy M. Heller, EVP & Chief HR Officer (Age 48)Ms. Sara Bland, Exec. VP of Global Strategy What is Apisak Tantivorawong's approval rating as Kontoor Brands' CEO? 4 employees have rated Kontoor Brands CEO Apisak Tantivorawong on Glassdoor.com. Apisak Tantivorawong has an approval rating of 72% among Kontoor Brands' employees. Who are some of Kontoor Brands' key competitors? Some companies that are related to Kontoor Brands include Cintas (CTAS), V.F. (VFC), Ralph Lauren (RL), PVH (PVH) and Oxford Industries (OXM). View all of KTB's 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 Intel (INTC), NVIDIA (NVDA), AT&T (T), AbbVie (ABBV), Pfizer (PFE), Advanced Micro Devices (AMD), V.F. (VFC), Walt Disney (DIS), Verizon Communications (VZ) and Cisco Systems (CSCO). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Kontoor Brands' stock price today? One share of KTB stock can currently be purchased for approximately $32.81. How much money does Kontoor Brands make? Kontoor Brands (NYSE:KTB) has a market capitalization of $1.84 billion and generates $2.48 billion in revenue each year. The company earns $195.42 million in net income (profit) each year or $3.62 on an earnings per share basis. How many employees does Kontoor Brands have? Kontoor Brands employs 14,000 workers across the globe. How can I contact Kontoor Brands? Kontoor Brands' mailing address is 400 N. ELM STREET, GREENSBORO NC, 27401. The official website for Kontoor Brands is www.kontoorbrands.com. The company can be reached via phone at (336) 332-3400 or via email at [email protected]. This page (NYSE:KTB) was last updated on 7/1/2022 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 from 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. 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