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

Kontoor Brands (NYSE:KTB) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 5.200-5.300 for the period, compared to the consensus earnings per share 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.

Wall Street Analyst Weigh In

KTB has been the subject of a number of recent research reports. Wells Fargo & Company upped their target price on Kontoor Brands from $95.00 to $100.00 and gave the stock an “overweight” rating in a report on Thursday, February 20th. Barclays upped their price objective on Kontoor Brands from $83.00 to $100.00 and gave the company an “overweight” rating in a research note on Friday, November 1st. Guggenheim lifted their target price on shares of Kontoor Brands from $80.00 to $100.00 and gave the stock a “buy” rating in a research report on Friday, November 1st. UBS Group reduced their target price on shares of Kontoor Brands from $112.00 to $108.00 and set a “buy” rating on the stock in a report on Tuesday, February 18th. Finally, Stifel Nicolaus downgraded shares of Kontoor Brands from a “buy” rating to a “hold” rating and raised their price target for the company from $89.00 to $93.00 in a research note on Friday, November 1st. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $96.33.

Kontoor Brands Trading Down 13.2 %

Shares of NYSE:KTB traded down $11.41 during trading on Tuesday, reaching $74.76. The stock had a trading volume of 513,955 shares, compared to its average volume of 567,289. The stock has a market cap of $4.12 billion, a price-to-earnings ratio of 16.84, a P/E/G ratio of 2.12 and a beta of 1.19. The company has a debt-to-equity ratio of 2.09, a quick ratio of 1.42 and a current ratio of 2.50. Kontoor Brands has a 52 week low of $52.95 and a 52 week high of $96.80. The firm’s fifty day moving average is $87.05 and its 200 day moving average is $83.23.

Kontoor Brands (NYSE:KTB) 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. The firm had revenue of $699.00 million during the quarter, compared to the consensus estimate of $698.07 million. Kontoor Brands had a return on equity of 73.99% and a net margin of 9.72%. The business’s revenue was up 4.4% compared to the same quarter last year. During the same period last year, the business posted $1.28 EPS. As a group, equities analysts forecast that Kontoor Brands will post 4.82 EPS for the current fiscal year.

Kontoor Brands Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Monday, March 10th will be paid a $0.52 dividend. This represents a $2.08 annualized dividend and a yield of 2.78%. The ex-dividend date of this dividend is Monday, March 10th. Kontoor Brands’s dividend payout ratio (DPR) is presently 46.85%.

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.