Kontoor Brands (NYSE:KTB – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 1.160-1.160 for the period, compared to the consensus estimate of 1.290. The company issued revenue guidance of $625.0 million-$625.0 million, compared to the consensus revenue estimate of $652.3 million. Kontoor Brands also updated its FY 2025 guidance to 5.200-5.300 EPS.
Kontoor Brands Price Performance
Shares of KTB stock traded down $12.66 on Tuesday, reaching $73.51. The company had a trading volume of 1,964,829 shares, compared to its average volume of 610,009. Kontoor Brands has a one year low of $52.95 and a one year high of $96.80. The company has a quick ratio of 1.42, a current ratio of 2.50 and a debt-to-equity ratio of 2.09. The stock has a market capitalization of $4.05 billion, a PE ratio of 16.56, a price-to-earnings-growth ratio of 2.12 and a beta of 1.19. The business’s 50-day moving average is $87.05 and its 200 day moving average is $83.23.
Kontoor Brands (NYSE:KTB – Get Free Report) last issued its quarterly earnings results on Tuesday, February 25th. The company reported $1.38 earnings per share for the quarter, topping analysts’ consensus estimates of $1.31 by $0.07. Kontoor Brands had a return on equity of 73.99% and a net margin of 9.72%. The firm had revenue of $699.00 million during the quarter, compared to the consensus estimate of $698.07 million. During the same period last year, the business posted $1.28 EPS. The business’s revenue was up 4.4% compared to the same quarter last year. Equities research analysts forecast that Kontoor Brands will post 4.82 EPS for the current fiscal year.
Kontoor Brands Dividend Announcement
Analysts Set New Price Targets
A number of research analysts recently weighed in on KTB shares. UBS Group reduced their price objective on Kontoor Brands from $112.00 to $108.00 and set a “buy” rating for the company in a research report on Tuesday, February 18th. Stifel Nicolaus downgraded shares of Kontoor Brands from a “buy” rating to a “hold” rating and lifted their price objective for the stock from $89.00 to $93.00 in a research report on Friday, November 1st. Barclays increased their price target on Kontoor Brands from $83.00 to $100.00 and gave the stock an “overweight” rating in a research report on Friday, November 1st. Guggenheim raised their target price on shares of Kontoor Brands from $80.00 to $100.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Finally, Wells Fargo & Company increased their price target on shares of Kontoor Brands from $95.00 to $100.00 and gave the stock an “overweight” rating in a research report on Thursday, February 20th. One analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $96.33.
View Our Latest Analysis on Kontoor Brands
About Kontoor Brands
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.
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