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As of close of business last night, Kontoor Brands Inc’s stock clocked out at $64.34, up 0.88% from its previous closing price of $63.78. In other words, the price has increased by $0.88 from its previous closing price. On the day, 0.64 million shares were traded. KTB stock price reached its highest trading level at $64.77 during the session, while it also had its lowest trading level at $63.204.
Ratios:
To gain a deeper understanding of KTB’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.60. 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.
On November 01, 2024, Stifel Downgraded its rating to Hold which previously was Buy and also upped its target price recommendation from $89 to $93.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future 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 3574820352 and an Enterprise Value of 4009643520. As of this moment, Kontoor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.76, and their Forward P/E ratio for the next fiscal year is 11.15. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.37 while its Price-to-Book (P/B) ratio in mrq is 8.36. Its current Enterprise Value per Revenue stands at 1.543 whereas that against EBITDA is 9.481.
Stock Price History:
The Beta on a monthly basis for KTB is 1.17, which has changed by -0.034223974 over the last 52 weeks, in comparison to a change of 0.092761636 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 -1.07%, while the 200-Day Moving Average is calculated to be -15.83%.
Shares Statistics:
It appears that KTB traded 736.14K shares on average per day over the past three months and 628110 shares per day over the past ten 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 1748563200 were 2876968 with a Short Ratio of 3.91, compared to 1745971200 on 2523930. Therefore, it implies a Short% of Shares Outstanding of 2876968 and a Short% of Float of 7.13.
Dividends & Splits
With its trailing 12-month dividend rate of 2.04, KTB has a forward annual dividend rate of 2.06. Against a Trailing Annual Dividend Yield of 0.031984948The stock’s 5-year Average Dividend Yield is 3.71.
Earnings Estimates
A detailed examination of Kontoor Brands Inc (KTB) is currently in progress, with 6.0 analysts providing valuable insights into its market dynamics.The consensus estimate for the next quarter is $1.62, with high estimates of $1.74 and low estimates of $1.52.
Analysts are recommending an EPS of between $5.38 and $5.0 for the fiscal current year, implying an average EPS of $5.25. EPS for the following year is $5.77, with 6.0 analysts recommending between $6.23 and $5.2.
Revenue Estimates
In the current quarter, 5 analysts expect revenue to total $632.97M. It ranges from a high estimate of $643.07M to a low estimate of $627.5M. As of the current estimate, Kontoor Brands Inc’s year-ago sales were $606.9MFor the next quarter, 5 analysts are estimating revenue of $861.98M. There is a high estimate of $880M for the next quarter, whereas the lowest estimate is $844.1M.
A total of 5 analysts have provided revenue estimates for KTB’s current fiscal year. The highest revenue estimate was $3.1B, while the lowest revenue estimate was $3.03B, resulting in an average revenue estimate of $3.05B. In the same quarter a year ago, actual revenue was $2.61BBased on 5 analysts’ estimates, the company’s revenue will be $3.39B in the next fiscal year. The high estimate is $3.5B and the low estimate is $3.31B.
