NYSE:KTB Kontoor Brands Stock Forecast, Price & 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 $23.36 -1.11 (-4.54 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$23.00Now: $23.36▼$24.4750-Day Range$19.16MA: $22.40▼$25.9452-Week Range$12.90Now: $23.36▼$43.24Volume1.20 million shsAverage Volume1.06 million shsMarket Capitalization$1.33 billionP/E Ratio194.67Dividend YieldN/ABeta1.36 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial 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™ 2.2 Analyst's Opinion Consensus RatingKontoor Brands has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 6 buy ratings, 4 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $27.50, Kontoor Brands has a forecasted upside of 17.7% from its current price of $23.36.Amount of Analyst CoverageKontoor Brands has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Community Rank Outperform VotesKontoor Brands has received 43 “outperform” votes. (Add your “outperform” vote.)Underperform VotesKontoor Brands has received 65 “underperform” votes. (Add your “underperform” vote.)Community SentimentKontoor Brands has received 60.19% “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 0.0 Dividend Strength Dividend YieldKontoor Brands does not currently pay a dividend.Dividend GrowthKontoor Brands has only been increasing its dividend for 1 years. Previous Next 1.0 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 1.90% of the stock of Kontoor Brands is held by insiders.Percentage Held by Institutions89.71% of the stock of Kontoor Brands is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Kontoor Brands are expected to grow by 88.81% in the coming year, from $1.43 to $2.70 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Kontoor Brands is 194.67, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.77.Price to Earnings Ratio vs. SectorThe P/E ratio of Kontoor Brands is 194.67, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 53.92.Price to Earnings Growth RatioKontoor Brands has a PEG Ratio of 4.35. 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 19.15. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.2Community Rank: 2.0Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.41 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 Ratio13.19 Current Ratio2.78 Quick Ratio1.47Price-To-Earnings Trailing P/E Ratio194.67 Forward P/E Ratio16.34 P/E Growth4.35 Sales & Book Value Annual Sales$2.55 billion Price / Sales0.52 Cash Flow$4.64 per share Price / Cash Flow5.03 Book Value$1.22 per share Price / Book19.15Profitability EPS (Most Recent Fiscal Year)$3.84 Net Income$96.65 million Net Margins0.34% Return on Equity734.11% Return on Assets6.86%Miscellaneous Employees15,100 Outstanding Shares57,107,000Market Cap$1.33 billion Next Earnings Date11/5/2020 (Estimated) OptionableNot Optionable $23.36 -1.11 (-4.54 %) (As of 09/18/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart 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 price been impacted by COVID-19? Kontoor Brands' stock was trading at $29.53 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, KTB stock has decreased by 20.9% and is now trading at $23.36. View which stocks have been most impacted by COVID-19. 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 2 sell ratings, 4 hold ratings and 6 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, November 5th 2020. View our earnings forecast for Kontoor Brands. How were Kontoor Brands' earnings last quarter? Kontoor Brands (NYSE:KTB) announced its quarterly earnings results on Thursday, August, 6th. The company reported ($0.22) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.41) by $0.19. The company had revenue of $349.30 million for the quarter, compared to analysts' expectations 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% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.96 EPS. 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. Shareholders of record on Tuesday, March 10th will be given a dividend of $0.56 per share on Friday, March 20th. This represents a $2.24 annualized dividend and a dividend yield of 9.59%. The ex-dividend date is Monday, March 9th. View Kontoor Brands' dividend history. What price target have analysts set for KTB? 12 brokers have issued 12 month price targets for Kontoor Brands' stock. Their forecasts range from $20.00 to $46.00. On average, they anticipate Kontoor Brands' stock price to reach $27.50 in the next twelve months. This suggests a possible upside of 17.7% 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), 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 AT&T (T), Intel (INTC), NVIDIA (NVDA), VF (VFC), AbbVie (ABBV), Pfizer (PFE), Verizon Communications (VZ), Walt Disney (DIS), IBM (IBM) and salesforce.com (CRM). 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 retail and institutional investors. Top institutional investors include PNC Financial Services Group Inc. (19.90%), PNC Financial Services Group Inc. (19.90%), Vanguard Group Inc. (10.41%), Frontier Capital Management Co. LLC (1.39%), Victory Capital Management Inc. (1.30%) and Jennison Associates LLC (1.25%). 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 Bank of New York Mellon Corp, Vanguard Group Inc., CNH Partners LLC, Zurcher Kantonalbank Zurich Cantonalbank, Goldman Sachs Group Inc., Nuveen Asset Management LLC, Prudential Financial Inc., and PNC Financial Services Group Inc.. View insider buying and selling activity for Kontoor Brands. Which institutional investors are buying Kontoor Brands stock? KTB stock was purchased by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Victory Capital Management Inc., Russell Investments Group Ltd., Frontier Capital Management Co. LLC, Bank of Montreal Can, Ancora Advisors LLC, FMR LLC, and FMR LLC. 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 $23.36. How big of a company is Kontoor Brands? Kontoor Brands has a market capitalization of $1.33 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 9/20/2020 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
