Kontoor Brands (NYSE:KTB) Releases FY 2025 Earnings Guidance

Kontoor Brands (NYSE:KTB) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 5.200-5.300 for the period, compared to the consensus estimate of 5.370. The company issued revenue guidance of $2.6 billion-$2.7 billion, compared to the consensus revenue estimate of $2.7 billion. Kontoor Brands also updated its FY25 guidance to $5.20-$5.30 EPS.

Kontoor Brands Stock Performance

Shares of KTB traded down $1.06 during mid-day trading on Thursday, hitting $67.43. The stock had a trading volume of 364,451 shares, compared to its average volume of 633,227. Kontoor Brands has a 52 week low of $52.95 and a 52 week high of $96.80. The company has a debt-to-equity ratio of 2.09, a current ratio of 2.50 and a quick ratio of 1.42. The business has a fifty day moving average price of $86.43 and a 200-day moving average price of $83.15. The firm has a market cap of $3.72 billion, a P/E ratio of 15.19, a PEG ratio of 2.12 and a beta of 1.19.

Kontoor Brands (NYSE:KTB) last announced its quarterly earnings data on Tuesday, February 25th. The company reported $1.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.31 by $0.07. The business had revenue of $699.00 million for the quarter, compared to analysts’ expectations of $698.07 million. Kontoor Brands had a return on equity of 73.99% and a net margin of 9.72%. The firm’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same period in the previous year, the business posted $1.28 EPS. On average, equities research analysts expect that Kontoor Brands will post 4.82 EPS for the current year.

Kontoor Brands Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Monday, March 10th will be given a $0.52 dividend. The ex-dividend date is Monday, March 10th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.08%. Kontoor Brands’s dividend payout ratio (DPR) is currently 46.85%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on KTB. Guggenheim lifted their price target on Kontoor Brands from $80.00 to $100.00 and gave the company a “buy” rating in a research report on Friday, November 1st. Stifel Nicolaus cut Kontoor Brands from a “buy” rating to a “hold” rating and increased their target price for the company from $89.00 to $93.00 in a research note on Friday, November 1st. UBS Group dropped their price target on Kontoor Brands from $112.00 to $108.00 and set a “buy” rating for the company in a research note on Tuesday, February 18th. Wells Fargo & Company increased their price objective on Kontoor Brands from $95.00 to $100.00 and gave the company an “overweight” rating in a research report on Thursday, February 20th. Finally, Barclays dropped their target price on Kontoor Brands from $100.00 to $93.00 and set an “overweight” rating for the company in a research report on Wednesday. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $95.17.

Kontoor Brands Company Profile

Kontoor Brands, Inc, a lifestyle apparel company, designs, produces, procures, markets, distributes, and licenses denim, apparel, footwear, and accessories, primarily under the Wrangler and Lee brands. The company operates through two segments: Wrangler and Lee. It licenses and sells apparel under the Rock & Republic brand name.