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In the latest session, Kontoor Brands Inc (NYSE: KTB) closed at $64.54 down -2.06% from its previous closing price of $65.90. In other words, the price has decreased by -$2.06 from its previous closing price. On the day, 0.65 million shares were traded.
Ratios:
For a deeper understanding of Kontoor Brands Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.63. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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:
As of this moment, Kontoor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.81, and their Forward P/E ratio for the next fiscal year is 11.19. 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 1.38 while its Price-to-Book (P/B) ratio in mrq is 8.38.
Stock Price History:
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 -0.27%, while the 200-Day Moving Average is calculated to be -15.79%.
Shares Statistics:
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.
Earnings Estimates
At present, 6.0 analysts are actively evaluating the performance of Kontoor Brands Inc (KTB) in the stock market.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
A total of 5 analysts believe the company’s revenue will be $632.97M this quarter.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.
