The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Kontoor Brands Inc (NYSE: KTB) closed at $69.24 down -0.42% from its previous closing price of $69.53. In other words, the price has decreased by -$0.42 from its previous closing price. On the day, 0.51 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 10.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.33. 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:
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 16.96, and their Forward P/E ratio for the next fiscal year is 12.43. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.95. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.48 while its Price-to-Book (P/B) ratio in mrq is 9.00.
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 8.23%, while the 200-Day Moving Average is calculated to be -9.86%.
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.
