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 (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.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. Wells Fargo & Company lifted their price target on shares of Kontoor Brands from $95.00 to $100.00 and gave the company an “overweight” rating in a research report on Thursday, February 20th. Barclays boosted their price objective on shares of Kontoor Brands from $83.00 to $100.00 and gave the company an “overweight” rating in a research report on Friday, November 1st. Guggenheim boosted their price objective on shares of Kontoor Brands from $80.00 to $100.00 and gave the company a “buy” rating in a research report on Friday, November 1st. UBS Group lowered their price objective on shares of Kontoor Brands from $112.00 to $108.00 and set a “buy” rating for the company in a research report on Tuesday, February 18th. Finally, Stifel Nicolaus downgraded shares of Kontoor Brands from a “buy” rating to a “hold” rating and boosted their price objective for the company from $89.00 to $93.00 in a research report on Friday, November 1st. One equities research 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.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $96.33.

Kontoor Brands Stock Down 1.9 %

Shares of NYSE:KTB opened at $86.29 on Tuesday. The company has a debt-to-equity ratio of 2.09, a quick ratio of 1.42 and a current ratio of 2.50. The company has a fifty day moving average of $87.12 and a 200-day moving average of $83.12. Kontoor Brands has a 52-week low of $52.95 and a 52-week high of $96.80. The company has a market capitalization of $4.76 billion, a PE ratio of 19.43, a price-to-earnings-growth ratio of 2.12 and a beta of 1.19.

Kontoor Brands Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Monday, March 10th will be paid a $0.52 dividend. The ex-dividend date of this dividend is Monday, March 10th. This represents a $2.08 annualized dividend and a dividend yield of 2.41%. Kontoor Brands’s dividend payout ratio 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.