Kontoor Brands (NYSE:KTB – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 1.160-1.160 for the period, compared to the consensus earnings per share 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.
Analysts Set New Price Targets
A number of research analysts recently commented on the company. Barclays boosted their price target on Kontoor Brands from $83.00 to $100.00 and gave the stock an “overweight” rating in a report on Friday, November 1st. Stifel Nicolaus lowered shares of Kontoor Brands from a “buy” rating to a “hold” rating and upped their target price for the stock from $89.00 to $93.00 in a research report on Friday, November 1st. Wells Fargo & Company lifted their price target on shares of Kontoor Brands from $95.00 to $100.00 and gave the company an “overweight” rating in a report on Thursday, February 20th. UBS Group decreased their price target on shares of Kontoor Brands from $112.00 to $108.00 and set a “buy” rating on the stock in a research note on Tuesday, February 18th. Finally, Guggenheim raised their price objective on Kontoor Brands from $80.00 to $100.00 and gave the company a “buy” rating in a research report on Friday, November 1st. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $96.33.
Check Out Our Latest Report on KTB
Kontoor Brands Price Performance
Kontoor Brands (NYSE:KTB – Get Free Report) last released its quarterly 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 return on equity of 73.99% and a net margin of 9.72%. The company had revenue of $699.00 million during the quarter, compared to analyst estimates of $698.07 million. During the same quarter last year, the business posted $1.28 earnings per share. The firm’s revenue was up 4.4% on a year-over-year basis. As a group, equities research analysts anticipate that Kontoor Brands will post 4.82 EPS for the current fiscal year.
Kontoor Brands Dividend Announcement
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 given a $0.52 dividend. The ex-dividend date is Monday, March 10th. This represents a $2.08 dividend on an annualized basis and a yield of 2.83%. Kontoor Brands’s dividend payout ratio is presently 46.85%.
Kontoor Brands Company Profile
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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