Kontoor Brands (NYSE:KTB – Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 6.400-6.500 for the period, compared to the consensus EPS estimate of 5.890. The company issued revenue guidance of $3.4 billion-$3.5 billion, compared to the consensus revenue estimate of $3.5 billion.
Kontoor Brands Trading Up 22.2%
Shares of Kontoor Brands stock opened at $79.18 on Tuesday. The company has a debt-to-equity ratio of 2.53, a current ratio of 1.91 and a quick ratio of 0.82. The business has a fifty day simple moving average of $62.85 and a two-hundred day simple moving average of $71.69. Kontoor Brands has a 1 year low of $50.00 and a 1 year high of $87.00. The company has a market capitalization of $4.40 billion, a price-to-earnings ratio of 20.41 and a beta of 1.15.
Kontoor Brands (NYSE:KTB – Get Free Report) last issued its quarterly earnings data on Tuesday, March 3rd. The company reported $1.73 earnings per share for the quarter, beating the consensus estimate of $1.65 by $0.08. The company had revenue of $1.02 billion for the quarter, compared to analyst estimates of $975.78 million. Kontoor Brands had a net margin of 7.68% and a return on equity of 63.21%. The company’s revenue was up 45.6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.38 earnings per share. Kontoor Brands has set its FY 2026 guidance at 6.400-6.500 EPS. Research analysts forecast that Kontoor Brands will post 4.82 EPS for the current year.
Kontoor Brands Announces Dividend
Analyst Ratings Changes
KTB has been the subject of several recent research reports. UBS Group boosted their price target on Kontoor Brands from $114.00 to $118.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. Jefferies Financial Group began coverage on Kontoor Brands in a report on Wednesday, February 4th. They set a “hold” rating and a $65.00 target price for the company. BTIG Research restated a “buy” rating and issued a $95.00 price target on shares of Kontoor Brands in a research note on Tuesday, November 4th. BNP Paribas Exane set a $50.00 price target on shares of Kontoor Brands in a research report on Tuesday, December 9th. Finally, Wall Street Zen cut shares of Kontoor Brands from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 8th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Kontoor Brands has a consensus rating of “Moderate Buy” and an average price target of $84.67.
View Our Latest Report on Kontoor Brands
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the business. Kestra Advisory Services LLC acquired a new position in Kontoor Brands during the 4th quarter worth approximately $204,000. CIBC Asset Management Inc bought a new position in Kontoor Brands in the 4th quarter worth approximately $202,000. Smartleaf Asset Management LLC grew its stake in Kontoor Brands by 57.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,574 shares of the company’s stock valued at $159,000 after buying an additional 934 shares in the last quarter. Align Financial LLC bought a new stake in Kontoor Brands during the 4th quarter valued at $119,000. Finally, State of Wyoming lifted its position in shares of Kontoor Brands by 30.9% during the fourth quarter. State of Wyoming now owns 1,739 shares of the company’s stock worth $106,000 after acquiring an additional 411 shares in the last quarter. Institutional investors own 93.06% of the company’s stock.
Kontoor Brands Company Profile
Kontoor Brands, Inc is a global apparel company best known for its Wrangler and Lee denim and lifestyle brands. Established as an independent, publicly traded company in May 2019 following a spin-off from VF Corporation, Kontoor leverages a legacy that dates back to 1889 with the founding of Lee and to 1947 with the introduction of the Wrangler brand. The company focuses on designing, manufacturing and distributing premium, casual and workwear apparel, including jeans, pants, shorts, shirts, jackets and complementary accessories.
Kontoor Brands operates a diversified sales model that combines wholesale partnerships with leading retailers, distribution through e-commerce channels and select direct-to-consumer formats.
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