Kontoor Brands (NYSE:KTB) Issues Q1 2025 Earnings Guidance

Kontoor Brands (NYSE:KTB) issued an update on its first quarter 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 1.160-1.160 for the period, compared to the consensus EPS 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

NYSE KTB opened at $68.57 on Thursday. The company has a market cap of $3.78 billion, a PE ratio of 15.44, a price-to-earnings-growth ratio of 2.12 and a beta of 1.19. Kontoor Brands has a 52 week low of $52.95 and a 52 week 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 firm’s 50-day simple moving average is $86.43 and its two-hundred day simple moving average is $83.15.

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

Kontoor Brands Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Monday, March 10th will be issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.03%. The ex-dividend date is Monday, March 10th. Kontoor Brands’s payout ratio is 46.85%.

Wall Street Analysts Forecast Growth

KTB has been the topic of a number of recent analyst reports. Guggenheim increased their price target on shares of Kontoor Brands from $80.00 to $100.00 and gave the stock a “buy” rating in a report on Friday, November 1st. 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 report on Thursday, February 20th. UBS Group lowered their price target 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. Stifel Nicolaus downgraded shares of Kontoor Brands from a “buy” rating to a “hold” rating and increased their price target for the stock from $89.00 to $93.00 in a report on Friday, November 1st. Finally, Barclays decreased their price objective on shares of Kontoor Brands from $100.00 to $93.00 and set an “overweight” rating on the stock in a research report on Wednesday. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $95.17.

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.