NYSE:KTB

Kontoor Brands Stock Forecast, Price & News

$31.96

-0.64 (-1.96 %)

(As of 10/26/2020 04:42 PM ET)

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Today's Range

$31.58

Now: $31.96▼

$33.99

50-Day Range

$22.06

MA: $25.57▼

$32.17

52-Week Range

$12.90

Now: $31.96▼

$43.24

Volume1.25 million shs

Average Volume992,396 shs

Market Capitalization$1.83 billion

P/E Ratio266.33

Dividend YieldN/A

Beta1.19

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. Kontoor Brands, Inc operates as a subsidiary of V.F. Corporation.

Beat the Market (BTM) Rank^™

1.3 Analyst's Opinion

Consensus Rating
Kontoor Brands has received a consensus rating of Buy. The company's average rating score is 2.54, and is based on 9 buy ratings, 2 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $32.00, Kontoor Brands has a forecasted upside of 0.0% from its current price of $31.99.
Amount of Analyst Coverage
Kontoor Brands has only been the subject of 4 research reports in the past 90 days.

2.1 Community Rank

Outperform Votes
Kontoor Brands has received 48 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Kontoor Brands has received 66 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Kontoor Brands has received 57.89% “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.

0.0 Dividend Strength

Dividend Yield
Kontoor Brands does not currently pay a dividend.
Dividend Growth
Kontoor Brands does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Kontoor Brands insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.90% of the stock of Kontoor Brands is held by insiders.
Percentage Held by Institutions
89.71% of the stock of Kontoor Brands is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Kontoor Brands are expected to grow by 86.90% in the coming year, from $1.45 to $2.71 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Kontoor Brands is 266.58, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 19.02.
Price to Earnings Ratio vs. Sector
The P/E ratio of Kontoor Brands is 266.58, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 54.25.
Price to Earnings Growth Ratio
Kontoor Brands has a PEG Ratio of 5.88. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Kontoor Brands has a P/B Ratio of 26.22. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.25 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

Phone336-332-3400

Employees15,100

Debt

Debt-to-Equity RatioN/A

Current Ratio2.78

Quick Ratio1.47

Price-To-Earnings

Trailing P/E Ratio266.33

Forward P/E Ratio22.04

P/E Growth5.88

Sales & Book Value

Annual Sales$2.55 billion

Price / Sales0.72

Cash Flow$5.28 per share

Price / Cash Flow6.05

Book Value$1.22 per share

Price / Book26.20

Profitability

EPS (Most Recent Fiscal Year)$3.84

Net Income$96.65 million

Net Margins0.34%

Return on Equity734.11%

Return on Assets6.86%

Miscellaneous

Outstanding Shares57,107,000

Market Cap$1.83 billion

Next Earnings Date10/29/2020 (Confirmed)

OptionableNot Optionable

$31.96

-0.64 (-1.96 %)

(As of 10/26/2020 04:42 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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Kontoor Brands (NYSE:KTB) Frequently Asked Questions

How has Kontoor Brands' stock price been impacted by 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 increased by 8.2% and is now trading at $31.96.
View which stocks have been most impacted by COVID-19.

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

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kontoor Brands in the last year. There are currently 2 sell ratings, 2 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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, October 29th 2020.
View our earnings forecast for Kontoor Brands.

How can I listen to Kontoor Brands' earnings call?

Kontoor Brands will be holding an earnings conference call on Thursday, October 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Kontoor Brands' earnings last quarter?

Kontoor Brands, Inc. (NYSE:KTB) released its quarterly earnings results on Thursday, August, 6th. The company reported ($0.22) EPS for the quarter, topping the consensus estimate of ($0.41) by $0.19. The company earned $349.30 million during the quarter, compared to analyst estimates of $292.27 million. Kontoor Brands had a return on equity of 734.11% and a net margin of 0.34%. The company's revenue was down 42.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.96 earnings per share.
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 dividend yield of 7.01%. The ex-dividend date is Monday, March 9th.
View Kontoor Brands' dividend history.

What price target have analysts set for KTB?

13 equities research analysts have issued 1 year price objectives for Kontoor Brands' stock. Their forecasts range from $20.00 to $46.00. On average, they expect Kontoor Brands' stock price to reach $32.00 in the next year. This suggests a possible upside of 0.1% from the stock's current price.
View analysts' price targets for Kontoor Brands.

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), 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 Intel (INTC), NVIDIA (NVDA), AT&T (T), AbbVie (ABBV), Pfizer (PFE), Advanced Micro Devices (AMD), V.F. (VFC), The Walt Disney (DIS), Verizon Communications (VZ) and Cisco Systems (CSCO).

Who are Kontoor Brands' key executives?

Kontoor Brands' management team includes the following people:

Mr. Scott H. Baxter, Pres, CEO & Director (Age 55, Pay $1.64M)
Mr. Rustin Welton, Exec. VP & CFO (Age 50, Pay $729.88k)
Ms. Laurel Krueger, Exec. VP, Gen. Counsel & Corp. Sec. (Age 45, Pay $1.03M)
Mr. Thomas E. Waldron, Exec. VP & Global Brand Pres at Wrangler (Age 51, Pay $775.13k)
Mr. Chris Waldeck, Exec. VP & Global Brand Pres of Lee (Age 52, Pay $845.27k)

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 a number of institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.18%), Nisa Investment Advisors LLC (0.09%), Louisiana State Employees Retirement System (0.04%) and Northstar Asset Management LLC (0.02%). 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 major investors are selling Kontoor Brands stock?

KTB stock was sold by a variety of institutional investors in the last quarter, including Northstar Asset Management LLC, and Envestnet Asset Management Inc..
View insider buying and selling activity for Kontoor Brands.

Which major investors are buying Kontoor Brands stock?

KTB stock was purchased by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC, and Louisiana State Employees Retirement System. 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 $31.96.

How big of a company is Kontoor Brands?

Kontoor Brands has a market capitalization of $1.83 billion 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 10/26/2020 by MarketBeat.com Staff

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