Demystifying Kontoor Brands: Insights From 4 Analyst Reviews

In the latest quarter, 4 analysts provided ratings for Kontoor Brands KTB, showcasing a mix of bullish and bearish perspectives.

The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.

Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $72.0, with a high estimate of $85.00 and a low estimate of $65.00. This upward trend is apparent, with the current average reflecting a 5.11% increase from the previous average price target of $68.50.

Breaking Down Analyst Ratings: A Detailed Examination

The perception of Kontoor Brands by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Kontoor Brands. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Kontoor Brands compared to the broader market.
• Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Kontoor Brands's stock. This examination reveals shifts in analysts' expectations over time.

Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Kontoor Brands's market standing. Stay informed and make data-driven decisions with our Ratings Table.

Stay up to date on Kontoor Brands analyst ratings.

Unveiling the Story Behind Kontoor Brands

Kontoor Brands Inc is a lifestyle apparel company. It is engaged in designing, manufacturing, sourcing, marketing, and distribution of its portfolio of brands, including Wrangler and Lee. It manufactures its products in owned and leased facilities and distributes the products through both brick and mortar and e-commerce retailers. It generates the majority of its revenue from the Wrangler segment. The company's geographical segments are the United States and International, of which the majority of its revenue comes from the United States.

Key Indicators: Kontoor Brands's Financial Health

Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.

Positive Revenue Trend: Examining Kontoor Brands's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 7.92% as of 30 September, 2023, showcasing a substantial increase in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Consumer Discretionary sector.

Net Margin: Kontoor Brands's net margin is impressive, surpassing industry averages. With a net margin of 9.1%, the company demonstrates strong profitability and effective cost management.

Return on Equity (ROE): Kontoor Brands's ROE excels beyond industry benchmarks, reaching 17.75%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): Kontoor Brands's ROA stands out, surpassing industry averages. With an impressive ROA of 3.68%, the company demonstrates effective utilization of assets and strong financial performance.

Debt Management: Kontoor Brands's debt-to-equity ratio surpasses industry norms, standing at 2.44. This suggests the company carries a substantial amount of debt, posing potential financial challenges.

What Are Analyst Ratings?

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

This article was generated by Benzinga's automated content engine and reviewed by an editor.