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NYSE:KTBKontoor Brands Stock Price, Forecast & News

$14.04
-0.49 (-3.37 %)
(As of 05/25/2020 03:33 PM ET)
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Today's Range
$13.69
Now: $14.04
$14.65
50-Day Range
$13.80
MA: $17.74
$21.32
52-Week Range
$12.90
Now: $14.04
$43.24
Volume1.15 million shs
Average Volume1.66 million shs
Market Capitalization$801.68 million
P/E Ratio10.25
Dividend Yield15.95%
BetaN/A

Beat the Market (BTM) Rank

Analyst Opinion: 4.1Community Rank: 1.9Dividend Strength: 2.5Insider Behavior: 4.0Valuation: 3.1 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

3.12 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.55 billion
Cash Flow$4.96 per share
Book Value$1.22 per share

Profitability

Net Income$96.65 million

Miscellaneous

Employees15,100
Market Cap$801.68 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 52.5% and is now trading at $14.04. View which stocks have been most impacted by Coronavirus.

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

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kontoor Brands in the last year. There are currently 2 sell ratings, 5 hold ratings and 3 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) announced its quarterly earnings results on Thursday, May, 7th. The company reported $0.27 earnings per share for the quarter, beating analysts' consensus estimates of $0.22 by $0.05. The firm had revenue of $504 million for the quarter, compared to analyst estimates of $522.47 million. Kontoor Brands had a return on equity of 380.70% and a net margin of 3.27%. The company'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 declared 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 15.95%. The ex-dividend date of this dividend is Monday, March 9th. View Kontoor Brands' dividend history.

What guidance has Kontoor Brands issued on next quarter's earnings?

Kontoor Brands updated its FY20 earnings guidance on Thursday, March, 5th. The company provided earnings per share (EPS) guidance of $3.55-3.65 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.57.

What price target have analysts set for KTB?

10 brokers have issued 1 year price objectives for Kontoor Brands' shares. Their forecasts range from $17.00 to $46.00. On average, they anticipate Kontoor Brands' share price to reach $26.38 in the next twelve months. This suggests a possible upside of 87.9% from the stock's current price. View analysts' price targets for Kontoor Brands.

Has Kontoor Brands been receiving favorable news coverage?

News headlines about KTB stock have been trending somewhat positive this week, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Kontoor Brands earned a coverage optimism score of 1.5 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutKontoor Brands.

Are investors shorting Kontoor Brands?

Kontoor Brands saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 8,650,000 shares, a decrease of 12.7% from the April 30th total of 9,910,000 shares. Based on an average trading volume of 1,180,000 shares, the days-to-cover ratio is presently 7.3 days. Approximately 16.5% of the company's shares 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 a variety of institutional and retail investors. Top institutional investors include PNC Financial Services Group Inc. (19.94%), State Street Corp (17.28%), BlackRock Inc. (12.29%), Capital World Investors (12.23%), Wellington Management Group LLP (3.76%) and Morgan Stanley (2.36%). Company insiders that own Kontoor Brands stock include Juliana L Chugg and Richard Carucci. 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 Nicholas Investment Partners LP, Wellington Management Group LLP, Russell Investments Group Ltd., Paloma Partners Management Co, JPMorgan Chase & Co., BlackRock Inc., UBS Group AG, and Balyasny Asset Management LLC. View insider buying and selling activity for Kontoor Brands.

Which major investors are buying Kontoor Brands stock?

KTB stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, Morgan Stanley, Victory Capital Management Inc., Victory Capital Management Inc., Capital World Investors, Matarin Capital Management LLC, Schroder Investment Management Group, and Citigroup Inc.. Company insiders that have bought Kontoor Brands stock in the last two years include Juliana L Chugg, and Richard Carucci. 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 $14.04.

How big of a company is Kontoor Brands?

Kontoor Brands has a market capitalization of $801.68 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 5/25/2020 by MarketBeat.com Staff

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