Kontoor Brands (KTB) Expected to Announce Quarterly Earnings on Tuesday

Kontoor Brands (NYSE:KTB) is expected to release its Q1 2025 earnings data before the market opens on Tuesday, May 6th. Analysts expect Kontoor Brands to post earnings of $1.16 per share and revenue of $625.44 million for the quarter.

Kontoor Brands (NYSE:KTB) last posted its earnings results on Tuesday, February 25th. The company reported $1.38 EPS for the quarter, topping the consensus estimate of $1.31 by $0.07. Kontoor Brands had a net margin of 9.72% and a return on equity of 73.99%. The firm had revenue of $699.00 million during the quarter, compared to analysts’ expectations of $698.07 million. During the same period last year, the company posted $1.28 EPS. The company’s quarterly revenue was up 4.4% compared to the same quarter last year. On average, analysts expect Kontoor Brands to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Kontoor Brands Stock Up 5.2 %

KTB stock opened at $63.42 on Friday. The company has a market capitalization of $3.51 billion, a price-to-earnings ratio of 14.28, a price-to-earnings-growth ratio of 2.12 and a beta of 0.93. The business’s 50 day moving average price is $60.73 and its two-hundred day moving average price is $77.85. Kontoor Brands has a fifty-two week low of $50.00 and a fifty-two week high of $96.80. 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 Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 20th. Stockholders of record on Tuesday, June 10th will be issued a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.28%. The ex-dividend date is Tuesday, June 10th. Kontoor Brands’s dividend payout ratio (DPR) is presently 47.60%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. UBS Group lowered their price target on shares of Kontoor Brands from $108.00 to $96.00 and set a “buy” rating for the company in a research report on Friday, February 28th. Stifel Nicolaus lowered their target price on shares of Kontoor Brands from $83.00 to $72.00 and set a “hold” rating for the company in a report on Thursday, April 10th. Wells Fargo & Company cut their price target on Kontoor Brands from $90.00 to $85.00 and set an “overweight” rating on the stock in a research note on Wednesday. Finally, Barclays lowered their price objective on Kontoor Brands from $93.00 to $69.00 and set an “overweight” rating for the company in a research note on Monday, April 28th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $84.40.

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.