In last trading session, Kontoor Brands Inc (NYSE:KTB) saw 0.53 million shares changing hands with its beta currently measuring 1.07. Company’s recent per share price level of $61.47 trading at -$0.98 or -1.57% at ring of the bell on the day assigns it a market valuation of $3.40B. That closing price of KTB’s stock is at a discount of -57.48% from its 52-week high price of $96.80 and is indicating a premium of 18.66% from its 52-week low price of $50.00. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.58 million shares which gives us an average trading volume of 829.11K if we extend that period to 3-months.
For Kontoor Brands Inc (KTB), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.33. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 1.16 in the current quarter.
Kontoor Brands Inc (NYSE:KTB) trade information
Upright in the red during last session for losing -1.57%, in the last five days KTB remained trading in the green while hitting it’s week-highest on Thursday, 04/24/25 when the stock touched $61.47 price level, adding 1.79% to its value on the day. Kontoor Brands Inc’s shares saw a change of -28.03% in year-to-date performance and have moved 11.76% in past 5-day. Kontoor Brands Inc (NYSE:KTB) showed a performance of -4.56% in past 30-days. Number of shares sold short was 2.46 million shares which calculate 2.78 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 96 to the stock, which implies a rise of 35.97% to its current value. Analysts have been projecting 96 as a low price target for the stock while placing it at a high target of 96. It follows that stock’s current price would drop -56.17% in reaching the projected high whereas dropping to the targeted low would mean a loss of -56.17% for stock’s current value.
Kontoor Brands Inc (KTB) estimates and forecasts
This year revenue growth is estimated to rise 1.49% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 626.32M for the same. And 4 analysts are in estimates of company making revenue of 629.42M in the next quarter. Company posted 631.2M and 606.9M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 20.90% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 2.00% while estimates for its earnings growth in next 5 years are of 4.38%.
KTB Dividends
Kontoor Brands Inc is more likely to be releasing its next quarterly report on 2025-Feb-24 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 3.32%, the share has a forward dividend of 2.04 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 3.94%.
Kontoor Brands Inc (NYSE:KTB)’s Major holders
Insiders are in possession of 1.62% of company’s total shares while institution are holding 97.68 percent of that, with stock having share float percentage of 99.29%. Investors also watch the number of corporate investors in a company very closely, which is 97.68% institutions for Kontoor Brands Inc that are currently holding shares of the company. PNC FINANCIAL SERVICES GROUP, INC. is the top institutional holder at KTB for having 8.52 million shares of worth $563.63 million. And as of 2024-06-30, it was holding 15.267 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 7.92 million shares on 2024-06-30. The number of shares represents firm’s hold over 14.1893 of outstanding shares, having a total worth of $523.84 million.
On the other hand, iShares Trust-iShares Core S&P Small-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 3.07 shares of worth $188.63 million or 5.55% of the total outstanding shares. The later fund manager was in possession of 1.7 shares on Dec 31, 2024 , making its stake of worth around $104.69 million in the company or a holder of 3.08% of company’s stock.
