Market Highlights: Kontoor Brands Inc (KTB) Ends on a Low Note at 68.27

In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.

The price of Kontoor Brands Inc (NYSE: KTB) closed at $68.27 in the last session, down -1.43% from day before closing price of $69.26. In other words, the price has decreased by -$1.43 from its previous closing price. On the day, 0.51 million shares were traded. KTB stock price reached its highest trading level at $70.18 during the session, while it also had its lowest trading level at $68.145.

Ratios:

We take a closer look at KTB’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.19. For the most recent quarter (mrq), Quick Ratio is recorded 1.65 and its Current Ratio is at 2.78. In the meantime, Its Debt-to-Equity ratio is 1.86 whereas as Long-Term Debt/Eq ratio is at 1.80.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Stifel on November 01, 2024, Downgraded its rating to Hold and sets its target price to $93 from $89 previously.

Barclays Upgraded its Equal Weight to Overweight on November 06, 2023, whereas the target price for the stock was revised from $47 to $59.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 20 ’24 when Broyles Jennifer H. sold 9,070 shares for $89.97 per share. The transaction valued at 816,028 led to the insider holds 37,546 shares of the business.

Broyles Jennifer H. sold 4,768 shares of KTB for $428,977 on Nov 20 ’24. The EVP, Global Brands President now owns 0 shares after completing the transaction at $89.97 per share. On Nov 20 ’24, another insider, Broyles Jennifer H., who serves as the Member of immediate family of of the company, bought 4,768 shares for $89.97 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KTB now has a Market Capitalization of 3793176576 and an Enterprise Value of 4227999744. As of this moment, Kontoor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.72, and their Forward P/E ratio for the next fiscal year is 12.08. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.46 while its Price-to-Book (P/B) ratio in mrq is 8.87. Its current Enterprise Value per Revenue stands at 1.627 whereas that against EBITDA is 9.997.

Stock Price History:

The Beta on a monthly basis for KTB is 1.17, which has changed by -0.033823967 over the last 52 weeks, in comparison to a change of 0.11730647 over the same period for the S&P500. Over the past 52 weeks, KTB has reached a high of $96.80, while it has fallen to a 52-week low of $50.00. The 50-Day Moving Average of the stock is 5.69%, while the 200-Day Moving Average is calculated to be -11.03%.

Shares Statistics:

According to the various share statistics, KTB traded on average about 760.45K shares per day over the past 3-months and 524370 shares per day over the past 10 days. A total of 55.43M shares are outstanding, with a floating share count of 54.42M. Insiders hold about 2.05% of the company’s shares, while institutions hold 91.75% stake in the company. Shares short for KTB as of 1747267200 were 2917893 with a Short Ratio of 3.84, compared to 1744675200 on 2320286. Therefore, it implies a Short% of Shares Outstanding of 2917893 and a Short% of Float of 7.23.

Dividends & Splits

The forward annual dividend rate for KTB is 2.04, which was 2.04 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.029449979The stock’s 5-year Average Dividend Yield is 3.71.

Leave a Reply

Your email address will not be published. Required fields are marked *

DWinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.