Kontoor Brands Stock Today

KTB Stock  USD 59.36  1.33  2.29%   

Performance

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Odds Of Distress

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Kontoor Brands is trading at 59.36 as of the 28th of March 2024, a 2.29% increase since the beginning of the trading day. The stock's open price was 58.03. Kontoor Brands has only a 8 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Kontoor Brands are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of April 2022 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Consumer Durables & Apparel
IPO Date
9th of May 2019
Category
Consumer Cyclical
Classification
Consumer Discretionary
Kontoor Brands, Inc., a lifestyle apparel company, designs, manufactures, procures, markets, and distributes denim, apparel, and accessories under the Wrangler, Lee, and Rock Republic brands in the United States and internationally. The company was incorporated in 2018 and is headquartered in Greensboro, North Carolina. The company has 55.76 M outstanding shares of which 3.16 M shares are now shorted by investors with about 5.91 days to cover. More on Kontoor Brands

Kontoor Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Kontoor Brands' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Kontoor Brands or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanScott Baxter
Thematic IdeaApparel (View all Themes)
Old NameKTB
Business ConcentrationApparel, Accessories & Luxury Goods, Consumer Durables & Apparel, Consumer Discretionary, NYSE Composite, Stock Exchange Of, SP Small-Cap 600, Apparel, Consumer Discretionary, Textiles, Apparel & Luxury Goods, Apparel Manufacturing, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Analysts covering Kontoor Brands report their recommendations after researching Kontoor Brands' financial statements, talking to executives and customers, or listening in on Kontoor Brands' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Kontoor Brands. The Kontoor consensus assessment is calculated by taking the average forecast from all of the analysts covering Kontoor Brands.
Financial Strength
Based on the key indicators related to Kontoor Brands' liquidity, profitability, solvency, and operating efficiency, Kontoor Brands is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. Financial strength of Kontoor Brands is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.07910.14
Way Down
Very volatile
Asset Turnover1.181.5
Significantly Down
Slightly volatile
Gross Profit Margin0.340.39
Fairly Down
Slightly volatile
Net Debt641.4 M626.6 M
Fairly Up
Slightly volatile
Non Current Liabilities Total796.2 M880.9 M
Moderately Down
Slightly volatile
Kontoor Brands' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Kontoor Brands' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Kontoor Brands' bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Kontoor Brands' outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Kontoor Brands' financial leverage. It provides some insight into what part of Kontoor Brands' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Kontoor Brands' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Kontoor Brands deploys its capital and how much of that capital is borrowed.
Liquidity
Kontoor Brands cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 841.68 M in debt with debt to equity (D/E) ratio of 4.27, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Kontoor Brands has a current ratio of 2.08, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Kontoor Brands until it has trouble settling it off, either with new capital or with free cash flow. So, Kontoor Brands' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Kontoor Brands sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Kontoor to invest in growth at high rates of return. When we think about Kontoor Brands' use of debt, we should always consider it together with cash and equity.

Sale Purchase Of Stock

(28.61 Million)
Kontoor Brands (KTB) is traded on New York Stock Exchange in USA. It is located in 400 North Elm Street, Greensboro, NC, United States, 27401 and employs 13,700 people. Kontoor Brands is listed under Apparel, Accessories & Luxury Goods category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 3.24 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Kontoor Brands's market, we take the total number of its shares issued and multiply it by Kontoor Brands's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Kontoor Brands runs under Textiles, Apparel & Luxury Goods sector within Consumer Discretionary industry. The entity has 55.76 M outstanding shares of which 3.16 M shares are now shorted by investors with about 5.91 days to cover. Kontoor Brands has about 59.18 M in cash with 356.55 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.05.
Check Kontoor Brands Probability Of Bankruptcy
Ownership Allocation
Kontoor Brands holds a total of 55.76 Million outstanding shares. The majority of Kontoor Brands outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Kontoor Brands to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Kontoor Brands. Please pay attention to any change in the institutional holdings of Kontoor Brands as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Kontoor Ownership Details

Kontoor Stock Price Odds Analysis

What are Kontoor Brands' target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Kontoor Brands jumping above the current price in 90 days from now is about 58.66%. The Kontoor Brands probability density function shows the probability of Kontoor Brands stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.9487. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Kontoor Brands will likely underperform. Additionally, kontoor Brands has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 59.36HorizonTargetOdds Above 59.36
41.00%90 days
 59.36 
58.66%
Based on a normal probability distribution, the odds of Kontoor Brands to move above the current price in 90 days from now is about 58.66 (This Kontoor Brands probability density function shows the probability of Kontoor Stock to fall within a particular range of prices over 90 days) .

Kontoor Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Kontoor Brands that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Kontoor Brands' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Kontoor Brands' value.
InstituionRecorded OnShares
Geode Capital Management, Llc2023-12-31
1.1 M
Wellington Management Company Llp2023-12-31
1.1 M
Fuller & Thaler Asset Management Inc2023-12-31
943.8 K
Northern Trust Corp2023-12-31
942 K
Jennison Associates Llc2023-12-31
874.8 K
Frontier Capital Management Co Inc2023-12-31
744.6 K
Goldman Sachs Group Inc2023-12-31
741.4 K
Bank Of New York Mellon Corp2023-12-31
718.6 K
Macquarie Group Ltd2023-12-31
664.9 K
Pnc Financial Services Group Inc2023-09-30
10.8 M
Blackrock Inc2023-12-31
8.2 M
View Kontoor Brands Diagnostics

Kontoor Brands Historical Income Statement

Kontoor Brands Income Statement is one of the three primary financial statements used for reporting Kontoor's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Kontoor Brands revenue and expense. Kontoor Brands Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Kontoor Brands' Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Extraordinary Items is expected to grow to about 7.5 M, whereas Tax Provision is forecasted to decline to about 50.9 M. View More Fundamentals

Kontoor Stock Against Markets

Picking the right benchmark for Kontoor Brands stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Kontoor Brands stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Kontoor Brands is critical whether you are bullish or bearish towards Kontoor Brands at a given time. Please also check how Kontoor Brands' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Kontoor Brands without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Kontoor Brands Corporate Directors

Kontoor Brands corporate directors refer to members of a Kontoor Brands board of directors. The board of directors generally takes responsibility for the Kontoor Brands' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Kontoor Brands' board members must vote for the resolution. The Kontoor Brands board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Robert LynchIndependent DirectorProfile
Richard CarucciIndependent DirectorProfile
Juliana ChuggIndependent DirectorProfile
Mark SchillerIndependent DirectorProfile

How to buy Kontoor Stock?

Before investing in Kontoor Brands, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Kontoor Brands. To buy Kontoor Brands stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Kontoor Brands. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Kontoor Brands stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Kontoor Brands stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Kontoor Brands stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Kontoor Brands, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Kontoor Stock please use our How to Invest in Kontoor Brands guide.

Already Invested in Kontoor Brands?

The danger of trading Kontoor Brands is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Kontoor Brands is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Kontoor Brands. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Kontoor Brands is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Kontoor Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kontoor Brands' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Kontoor Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kontoor Brands Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kontoor Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Kontoor Stock refer to our How to Trade Kontoor Stock guide.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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When running Kontoor Brands' price analysis, check to measure Kontoor Brands' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kontoor Brands is operating at the current time. Most of Kontoor Brands' value examination focuses on studying past and present price action to predict the probability of Kontoor Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kontoor Brands' price. Additionally, you may evaluate how the addition of Kontoor Brands to your portfolios can decrease your overall portfolio volatility.
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Is Kontoor Brands' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kontoor Brands. If investors know Kontoor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kontoor Brands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.331
Dividend Share
1.94
Earnings Share
4.06
Revenue Per Share
46.594
Quarterly Revenue Growth
(0.08)
The market value of Kontoor Brands is measured differently than its book value, which is the value of Kontoor that is recorded on the company's balance sheet. Investors also form their own opinion of Kontoor Brands' value that differs from its market value or its book value, called intrinsic value, which is Kontoor Brands' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kontoor Brands' market value can be influenced by many factors that don't directly affect Kontoor Brands' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kontoor Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kontoor Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kontoor Brands' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.