KTB - Kontoor Brands Inc Stock Price, Fair Value and News

66.75USD-0.98 (-1.45%)Delayed as of 08 May 2024, 02:00 pm ET

Market Summary

USD66.75-0.98

Delayedas of 08 May 2024, 02:00 pm

-1.45%

KTB Stock Price

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KTB RSI Chart

KTB Valuation

Market Cap

3.8B

Price/Earnings (Trailing)

16.87

Price/Sales (Trailing)

1.47

EV/EBITDA

12.66

Price/Free Cashflow

9.45

KTB Price/Sales (Trailing)

KTB Profitability

EBT Margin

10.25%

Return on Equity

57.91%

Return on Assets

13.49%

Free Cashflow Yield

10.58%

KTB Fundamentals

KTB Revenue

Revenue (TTM)

2.6B

Rev. Growth (Yr)

-5.38%

Rev. Growth (Qtr)

-5.76%

KTB Earnings

Earnings (TTM)

224.2M

Earnings Growth (Yr)

-10.24%

Earnings Growth (Qtr)

-13.47%

Breaking Down KTB Revenue

52 Week Range

37.1067.69

(Low)(High)

Last 7 days

9.2%

Last 30 days

20.2%

Last 90 days

14.2%

Trailing 12 Months

67.0%

How does KTB drawdown profile look like?

KTB Financial Health

Current Ratio

2.7

Debt/Equity

1.96

Debt/Cashflow

0.56

KTB Investor Care

Dividend Yield

2.89%

Dividend/Share (TTM)

1.96

Buy Backs (1Y)

0.44%

Diluted EPS (TTM)

3.95

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	2.6B	0	0	0
2023	2.6B	2.6B	2.7B	2.6B
2022	2.5B	2.6B	2.6B	2.6B
2021	2.2B	2.4B	2.5B	2.5B
2020	2.4B	2.1B	2.1B	2.1B
2019	2.7B	2.7B	2.6B	2.5B
2018	2.8B	2.8B	2.8B	2.8B
2017	0	0	0	2.8B

Get all data in R, Python etc through our Historical Stock Data APIs

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Kontoor Brands Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 01, 2024	broyles jennifer h.	acquired	-	-	5,230	evp, global brands president
Apr 01, 2024	doerr thomas l jr	acquired	-	-	4,111	evp, gc, & secretary
Apr 01, 2024	sumner susan denise	acquired	-	-	953	vp & chief accounting officer
Apr 01, 2024	shearer robert k	acquired	-	-	3,066	-
Apr 01, 2024	waldron thomas e.	sold (taxes)	-348,662	60.27	-5,785	evp and coo
Apr 01, 2024	kidd peter a.	acquired	-	-	3,779	evp and chro
Apr 01, 2024	goldsmith ashley	acquired	-	-	2,652	-
Apr 01, 2024	doerr thomas l jr	sold (taxes)	-46,287	60.27	-768	evp, gc, & secretary
Apr 01, 2024	lynch robert	acquired	-	-	2,652	-
Apr 01, 2024	baxter scott h	acquired	-	-	48,061	chair, president and ceo

Which funds bought or sold KTB recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	TEXAS PERMANENT SCHOOL FUND CORP	added	1.31	-59,567	2,636,540	0.02%
May 06, 2024	Gallacher Capital Management LLC	new	-	316,400	316,400	0.16%
May 06, 2024	Envestnet Portfolio Solutions, Inc.	reduced	-4.97	-26,136	289,414	-%
May 06, 2024	Addison Advisors LLC	unchanged	-	-202	5,604	-%
May 06, 2024	VitalStone Financial, LLC	sold off	-100	-2,000	-	-%
May 06, 2024	TEACHER RETIREMENT SYSTEM OF TEXAS	reduced	-26.85	-980,000	2,353,000	0.01%
May 06, 2024	Parallel Advisors, LLC	reduced	-2.34	-2,462	40,258	-%
May 06, 2024	DiNuzzo Private Wealth, Inc.	unchanged	-	-9.00	241	-%
May 06, 2024	AMG National Trust Bank	reduced	-1.23	-1,227,790	25,107,200	0.73%
May 06, 2024	Jefferies Financial Group Inc.	new	-	3,942,630	3,942,630	0.03%

Are Funds Buying or Selling KTB?

Are funds buying KTB calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own KTB

No. of Funds

Unveiling Kontoor Brands Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	ameriprise financial inc	3.64%	2,042,196	SC 13G/A
Feb 13, 2024	vanguard group inc	11.39%	6,400,408	SC 13G/A
Feb 09, 2024	pnc financial services group, inc.	9.52%	5,349,556	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Jan 22, 2024	blackrock inc.	14.7%	8,237,304	SC 13G/A
Feb 14, 2023	ameriprise financial inc	5.71%	3,164,648	SC 13G/A
Feb 10, 2023	pnc financial services group, inc.	9.73%	5,398,664	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G
Feb 09, 2023	vanguard group inc	11.44%	6,347,684	SC 13G/A
Jan 26, 2023	blackrock inc.	14.7%	8,141,248	SC 13G/A

Recent SEC filings of Kontoor Brands Inc

View All Filings

Date Filed	Form Type	Document
May 02, 2024	10-Q	Quarterly Report
May 02, 2024	8-K	Current Report
Apr 19, 2024	8-K	Current Report
Apr 05, 2024	8-K	Current Report
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading

Peers (Alternatives to Kontoor Brands Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
TJX	110.9B	54.2B	1.14%	25.48%	24.79	2.05	8.57%	27.90%
ROST	44.1B	20.4B	-5.70%	25.51%	23.53	2.16	8.99%	23.97%
LULU	42.3B	9.6B	-1.99%	-8.41%	27.28	4.4	18.60%	81.35%
RL	10.9B	6.6B	-3.02%	49.23%	18.58	1.65	2.78%	14.20%
MID-CAP
GPS	8.3B	14.9B	-8.82%	161.66%	16.45	0.55	-4.66%	348.51%
PVH	6.6B	9.2B	4.53%	37.31%	9.87	0.71	2.14%	231.14%
VFC	4.9B	10.8B	-7.92%	-42.95%	-6.44	0.46	-7.50%	-284.75%
FL	2.2B	8.2B	-1.99%	-39.85%	-6.76	0.27	-6.75%	-196.49%
BKE	1.9B	1.3B	-1.65%	14.31%	8.8	1.53	-6.25%	-13.63%
SMALL-CAP
HBI	1.6B	5.6B	-12.48%	3.46%	-88.93	0.28	-9.58%	86.06%
CTRN	198.0M	747.9M	-7.54%	47.24%	-16.53	0.26	-5.92%	-120.34%
LAKE	129.0M	-	-6.02%	50.54%	23.78	1.03	10.49%	189.67%
CULP	54.7M	237.2M	-0.89%	-14.12%	-4.02	0.23	2.94%	58.51%
CHS	1.2M	2.1B	-	-80.00%	0.01	6e-4	-0.25%	-0.44%

Kontoor Brands Inc News

Latest updates

Kontoor Brands Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-5.8%	631	670	655	616	667	732	607	614	680	681	652	491	652	661	583	349	504	653	638	610	648
Costs and Expenses	-8.0%	547	594	569	553	572	647	531	525	572	612	566	456	559	598	500	371	505	594	607	556	623
S&GA Expenses	-1.6%	201	204	186	187	192	214	189	178	196	223	204	191	207	218	175	156	191	207	192	182	222
EBITDA Margin	-1.1%	0.13*	0.13*	0.13*	0.13*	0.14*	0.15*	0.15*	0.15*	0.13*	0.13*	0.13*	0.13*	-	-	-	-	-	-	-	-	-
Interest Expenses	-7.2%	9.00	10.00	10.00	10.00	10.00	10.00	9.00	8.00	8.00	12.00	7.00	8.00	12.00	13.00	13.00	13.00	11.00	14.00	14.00	8.00	0.00
Income Taxes	568.0%	15.00	-3.24	13.00	15.00	17.00	25.00	13.00	16.00	20.00	13.00	15.00	4.00	17.00	7.00	8.00	-1.61	-8.43	15.00	2.00	9.00	12.00
Earnings Before Taxes	14.0%	75.00	66.00	72.00	51.00	83.00	76.00	64.00	78.00	100	57.00	78.00	28.00	81.00	50.00	69.00	-34.87	-11.14	44.00	16.00	47.00	28.00
EBT Margin	-1.7%	0.10*	0.10*	0.11*	0.10*	0.12*	0.12*	0.12*	0.12*	0.11*	0.10*	0.10*	0.10*	-	-	-	-	-	-	-	-	-
Net Income	-13.5%	60.00	69.00	60.00	36.00	66.00	52.00	51.00	62.00	81.00	44.00	63.00	24.00	64.00	43.00	61.00	-33.26	-2.71	29.00	15.00	38.00	15.00
Net Income Margin	-1.6%	0.09*	0.09*	0.08*	0.08*	0.09*	0.09*	0.09*	0.10*	0.08*	0.08*	0.08*	0.08*	-	-	-	-	-	-	-	-	-
Free Cashflow	-74.4%	52.00	203	28.00	117	-19.08	66.00	-92.75	20.00	72.00	71.00	86.00	0.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	1.0%	1,661	1,645	1,626	1,608	1,644	1,582	1,653	1,543	1,589	1,533	1,613	1,518	1,520	1,546	1,669	1,573	1,902	1,517	1,586	1,588	2,385
Current Assets	1.6%	1,060	1,044	1,033	1,010	1,040	982	1,073	958	985	911	988	876	875	902	1,021	920	1,260	878	962	948	1,781
Cash Equivalents	0.0%	215	215	78.00	82.00	53.00	59.00	58.00	145	194	185	215	176	230	248	285	256	479	107	41.00	77.00	103
Inventory	0.2%	501	500	605	627	660	597	678	538	433	363	409	403	350	341	432	433	489	458	545	538	519
Net PPE	-1.6%	110	112	110	107	105	104	101	102	101	105	107	109	114	119	123	125	130	132	127	132	139
Goodwill	-0.1%	210	210	209	210	210	210	209	210	212	212	213	213	213	213	213	212	212	213	213	214	214
Liabilities	0.1%	1,274	1,274	1,278	1,285	1,344	1,332	1,445	1,364	1,405	1,385	1,428	1,364	1,385	1,461	1,643	1,618	1,920	1,448	1,530	1,506	806
Current Liabilities	0.0%	393	393	389	389	402	440	507	465	491	456	505	422	433	414	463	331	367	379	390	382	637
Short Term Borrowings	-	-	-	-	0.00	7.00	7.00	7.00	5.00	0.00	0.00	0.00	1.00	1.00	1.00	0.00	0.00	3.00	1.00	6.00	3.00	8.00
Long Term Debt	-0.6%	759	764	769	773	828	783	825	787	789	791	773	782	791	888	1,022	1,130	1,389	913	981	980	-
LT Debt, Current	0%	20.00	20.00	18.00	15.00	13.00	10.00	8.00	5.00	3.00	-	18.00	9.00	24.00	25.00	16.00	6.00	-	-	8.00	8.00	-
LT Debt, Non Current	-100.0%	-	764	769	773	828	783	825	787	789	791	773	782	791	888	1,022	1,130	1,389	913	981	980	-
Shareholder's Equity	4.1%	387	372	348	323	299	251	208	179	184	148	185	154	134	85.00	26.00	-	-	69.00	56.00	82.00	1,579
Retained Earnings	2.7%	171	167	156	125	116	87.00	62.00	39.00	43.00	23.00	71.00	44.00	44.00	7.00	-12.47	-72.25	-38.99	-1.72	2.00	21.00	-
Additional Paid-In Capital	4.1%	284	273	262	258	251	244	238	232	225	218	208	199	187	172	161	159	154	151	142	135	-
Shares Outstanding	-0.1%	56.00	56.00	56.00	56.00	56.00	56.00	55.00	55.00	56.00	57.00	58.00	58.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	2,334	-	-	-	1,796	-	-	-	3,377	-	-	-	940	-	-	-	1,587	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-73.0%	56,468	209,023	35,850	124,298	-12,622	70,856	-86,659	24,555	74,833	74,510	89,187	1,780	118,385	112,287	125,256	49,844	-45,417	199,407	-1,770	373,664	206,487
Share Based Compensation	-25.2%	5,768	7,708	1,994	6,021	1,002	4,133	5,284	6,744	5,730	9,305	8,551	10,234	10,426	2,900	-2,200	4,694	2,466	6,046	6,325	3,788	7,685
Cashflow From Investing	17.6%	-6,432	-7,808	-11,287	-8,246	-11,797	-8,404	-10,106	-6,580	-5,028	-7,415	-10,741	-9,454	-11,761	-11,965	2,071	-16,865	-22,308	-22,972	-2,802	515,041	-5,320
Cashflow From Financing	5.3%	-54,614	-57,676	-28,973	-86,065	17,016	-65,751	15,540	-60,750	-59,946	-97,221	-36,316	-47,028	-123,501	-142,779	-101,113	-257,629	443,834	-112,162	-28,976	-915,307	-195,649
Dividend Payments	-100.0%	-	27,855	26,963	26,948	26,808	26,640	25,513	25,475	26,033	26,013	23,052	23,052	22,964	22,891	-	-	31,877	31,792	31,763	-	-
Buy Backs	-33.2%	20,105	30,111	-	-	-	-	-	39,981	22,513	65,456	10,006	-	-	-	-	-	-	-	-	-	-

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KTB Income Statement

2024-03-30

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 30, 2024	Apr. 01, 2023
Income Statement [Abstract]
Net revenues	$ 631,202	$ 667,123
Costs and operating expenses
Cost of goods sold	346,058	380,422
Selling, general and administrative expenses	200,714	191,752
Total costs and operating expenses	546,772	572,174
Operating income	84,430	94,949
Interest expense	(9,292)	(10,273)
Interest income	2,425	419
Other expense, net	(2,883)	(2,226)
Income before income taxes	74,680	82,869
Income taxes	15,173	16,573
Net income	$ 59,507	$ 66,296
Earnings per common share
Basic (in USD per share)	$ 1.07	$ 1.19
Diluted (in USD per share)	$ 1.05	$ 1.16
Weighted average shares outstanding
Basic (in shares)	55,735	55,646
Diluted (in shares)	56,739	56,940

KTB Balance Sheet

2024-03-30

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 30, 2024	Dec. 30, 2023	Apr. 01, 2023
Current assets
Cash and cash equivalents	$ 215,059	$ 215,050	$ 52,677
Accounts receivable, net	239,632	217,673	224,024
Inventories	501,341	500,353	660,089
Prepaid expenses and other current assets	104,208	110,808	102,757
Total current assets	1,060,240	1,043,884	1,039,547
Property, plant and equipment, net	110,304	112,045	104,999
Operating lease assets	56,268	54,812	55,116
Intangible assets, net	12,135	12,497	13,173
Goodwill	209,566	209,862	209,904
Other assets	212,924	212,339	220,831
TOTAL ASSETS	1,661,437	1,645,439	1,643,570
Current liabilities
Short-term borrowings	0	0	7,255
Current portion of long-term debt	20,000	20,000	12,500
Accounts payable	187,200	180,220	163,871
Accrued and other current liabilities	163,251	171,414	197,203
Operating lease liabilities, current	22,187	21,003	21,241
Total current liabilities	392,638	392,637	402,070
Operating lease liabilities, noncurrent	37,016	36,753	32,472
Other liabilities	85,344	80,215	81,796
Long-term debt	759,246	763,921	827,944
Total liabilities	1,274,244	1,273,526	1,344,282
Commitments and contingencies
Equity
Preferred Stock, no par value; shares authorized, 90,000,000; no shares outstanding at March 2024, December 2023 and March 2023	0	0	0
Common Stock, no par value; shares authorized, 600,000,000; shares outstanding of 55,691,516 at March 2024; 55,720,251 at December 2023 and 55,933,661 at March 2023	0	0	0
Additional paid-in capital	284,301	273,197	251,108
Retained earnings	171,124	166,567	116,185
Accumulated other comprehensive loss	(68,232)	(67,851)	(68,005)
Total equity	387,193	371,913	299,288
TOTAL LIABILITIES AND EQUITY	$ 1,661,437	$ 1,645,439	$ 1,643,570

About Kontoor Brands Inc

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. It licenses and sells apparel under the Rock & Republic brad name. The company sells its products primarily through mass merchants, specialty stores, mid-tier and traditional department stores, company-operated stores, and online. It operates in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific regions. Kontoor Brands, Inc. was incorporated in 2018 and is headquartered in Greensboro, North Carolina.

CEO	Mr. Scott H. Baxter
WEBSITE	kontoorbrands.com
INDUSTRY	Apparel Retail
EMPLOYEES	14400

Kontoor Brands Inc Frequently Asked Questions

What is the ticker symbol for Kontoor Brands Inc? What does KTB stand for in stocks?

KTB is the stock ticker symbol of Kontoor Brands Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Kontoor Brands Inc (KTB)?

As of Tue May 07 2024, market cap of Kontoor Brands Inc is 3.78 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of KTB stock?

You can check KTB's fair value in chart for subscribers.

What is the fair value of KTB stock?

You can check KTB's fair value in chart for subscribers. The fair value of Kontoor Brands Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Kontoor Brands Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for KTB so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Kontoor Brands Inc a good stock to buy?

The fair value guage provides a quick view whether KTB is over valued or under valued. Whether Kontoor Brands Inc is cheap or expensive depends on the assumptions which impact Kontoor Brands Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for KTB.

What is Kontoor Brands Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, KTB's PE ratio (Price to Earnings) is 16.87 and Price to Sales (PS) ratio is 1.47. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. KTB PE ratio will change depending on the future growth rate expectations of investors.