Kontoor Brands (NYSE:KTB – Get Free Report) updated its first quarter 2025 earnings guidance on Tuesday. 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.
Wall Street Analyst Weigh In
A number of analysts have commented on the stock. Guggenheim boosted their price target on shares of Kontoor Brands from $80.00 to $100.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Stifel Nicolaus lowered shares of Kontoor Brands from a “buy” rating to a “hold” rating and boosted their price target for the company from $89.00 to $93.00 in a research note on Friday, November 1st. UBS Group decreased their price target on shares of Kontoor Brands from $112.00 to $108.00 and set a “buy” rating for the company in a research note on Tuesday, February 18th. Barclays reduced their target price on shares of Kontoor Brands from $100.00 to $93.00 and set an “overweight” rating for the company in a research note on Wednesday. Finally, Wells Fargo & Company upped their target price on shares of Kontoor Brands from $95.00 to $100.00 and gave the stock an “overweight” rating in a research note on Thursday, February 20th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, Kontoor Brands has an average rating of “Moderate Buy” and a consensus target price of $95.17.
Read Our Latest Stock Report on KTB
Kontoor Brands Stock Performance
Kontoor Brands (NYSE:KTB – Get Free Report) last issued its quarterly earnings results on Tuesday, February 25th. The company reported $1.38 earnings per share for the quarter, topping analysts’ consensus estimates of $1.31 by $0.07. The company 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 firm’s quarterly revenue was up 4.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.28 EPS. As a group, equities research analysts predict that Kontoor Brands will post 4.82 EPS for the current fiscal year.
Kontoor Brands Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 20th. Investors 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 of this dividend is Monday, March 10th. Kontoor Brands’s dividend payout ratio (DPR) is currently 46.85%.
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.
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