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Kontoor Brands Inc (NYSE: KTB) closed the day trading at $88.55 up 2.36% from the previous closing price of $86.51. In other words, the price has increased by $2.36 from its previous closing price. On the day, 0.51 million shares were traded. KTB stock price reached its highest trading level at $89.13 during the session, while it also had its lowest trading level at $86.45.
Ratios:
For a better understanding of KTB, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.12 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.22. For the most recent quarter (mrq), Quick Ratio is recorded 1.42 and its Current Ratio is at 2.50. In the meantime, Its Debt-to-Equity ratio is 2.25 whereas as Long-Term Debt/Eq ratio is at 2.19.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 4882780160 and an Enterprise Value of 5415958528. As of this moment, Kontoor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.98, and their Forward P/E ratio for the next fiscal year is 16.40. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.89 while its Price-to-Book (P/B) ratio in mrq is 13.68. Its current Enterprise Value per Revenue stands at 2.101 whereas that against EBITDA is 13.997.
Stock Price History:
The Beta on a monthly basis for KTB is 1.22, which has changed by 0.4578699 over the last 52 weeks, in comparison to a change of 0.2000997 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 $52.95. The 50-Day Moving Average of the stock is -0.27%, while the 200-Day Moving Average is calculated to be 15.07%.
Shares Statistics:
Over the past 3-months, KTB traded about 451.05K shares per day on average, while over the past 10 days, KTB traded about 547000 shares per day. A total of 55.13M shares are outstanding, with a floating share count of 54.12M. Insiders hold about 1.85% of the company’s shares, while institutions hold 94.96% stake in the company. Shares short for KTB as of 1736899200 were 3216751 with a Short Ratio of 7.13, compared to 1734048000 on 3455433. Therefore, it implies a Short% of Shares Outstanding of 3216751 and a Short% of Float of 8.0699995.
Dividends & Splits
KTB’s forward annual dividend rate is 2.02, up from 2.0 a year ago. Against a Trailing Annual Dividend Yield of 0.023118714The stock’s 5-year Average Dividend Yield is 4.04.
Earnings Estimates
The dynamic stock of Kontoor Brands Inc (KTB) is currently attracting attention from 7.0 analysts actively involved in rating its market status.The consensus estimate for the next quarter is $1.29, with high estimates of $1.36 and low estimates of $1.17.
Analysts are recommending an EPS of between $4.86 and $4.81 for the fiscal current year, implying an average EPS of $4.84. EPS for the following year is $5.4, with 7.0 analysts recommending between $5.75 and $4.62.
Revenue Estimates
6 analysts predict $697.03M in revenue for the current quarter. It ranges from a high estimate of $700.49M to a low estimate of $695M. As of the current estimate, Kontoor Brands Inc’s year-ago sales were $669.8MFor the next quarter, 6 analysts are estimating revenue of $652.78M. There is a high estimate of $658.22M for the next quarter, whereas the lowest estimate is $643M.
A total of 6 analysts have provided revenue estimates for KTB’s current fiscal year. The highest revenue estimate was $2.61B, while the lowest revenue estimate was $2.6B, resulting in an average revenue estimate of $2.61B. In the same quarter a year ago, actual revenue was $2.61BBased on 6 analysts’ estimates, the company’s revenue will be $2.68B in the next fiscal year. The high estimate is $2.71B and the low estimate is $2.6B.
