Kontoor Brands Inc

Company Profile

Kontoor Brands Inc had its IPO on 2019-05-09 under the ticker symbol KTB.

The company operates in the Consumer Cyclical sector and Apparel Manufacturing industry. Kontoor Brands Inc has a staff strength of 14,400 employees.

Stock update

Shares of Kontoor Brands Inc opened at $43.12 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $43.12 - $44.39, and closed at $43.62.

This is a +0.05% increase from the previous day's closing price.

A total volume of 452,186 shares were traded at the close of the day’s session.

In the last one week, shares of Kontoor Brands Inc have slipped by -4.49%.

Kontoor Brands Inc's Key Ratios

Kontoor Brands Inc has a market cap of $2.59 billion, indicating a price to book ratio of 11.1252 and a price to sales ratio of 0.8684.

In the last 12-months Kontoor Brands Inc’s revenue was $2.62 billion with a gross profit of $1.13 billion and an EBITDA of $376.06 million. The EBITDA ratio measures Kontoor Brands Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Kontoor Brands Inc’s operating margin was 12.95% while its return on assets stood at 13.47% with a return of equity of 81.75%.

In Q2, Kontoor Brands Inc’s quarterly earnings growth was a negative -41.3% while revenue growth was a positive 0.4%.

Kontoor Brands Inc’s PE and PEG Ratio

Forward PE

9.4877

Trailing PE

12.7569

PEG

Its diluted EPS in the last 12-months stands at $3.62 per share while it has a forward price to earnings multiple of 9.4877 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Kontoor Brands Inc’s profitability.

Kontoor Brands Inc stock is trading at a EV to sales ratio of 1.2188 and a EV to EBITDA ratio of 8.3919. Its price to sales ratio in the trailing 12-months stood at 0.8684.

Kontoor Brands Inc stock pays annual dividends of $1.9 per share, indicating a yield of 4.16% and a payout ratio of 50.66%.

Balance sheet and cash flow metrics

Total Assets

$1.61 billion

Total Liabilities

$389.01 million

Operating Cash Flow

$-8246000.00

Capital Expenditure

$8.09 million

Dividend Payout Ratio

50.66%

Kontoor Brands Inc ended 2023 with $1.61 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.61 billion while shareholder equity stood at $323.25 million.

Kontoor Brands Inc ended 2023 with $0 in deferred long-term liabilities, $389.01 million in other current liabilities, in common stock, $125.00 million in retained earnings and $209.97 million in goodwill. Its cash balance stood at $82.42 million and cash and short-term investments were $82.42 million. The company’s total short-term debt was $36,961,000 while long-term debt stood at $773.27 million.

Kontoor Brands Inc’s total current assets stands at $1.01 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $186.02 million compared to accounts payable of $195.28 million and inventory worth $626.89 million.

In 2023, Kontoor Brands Inc's operating cash flow was $-8246000.00 while its capital expenditure stood at $8.09 million.

Comparatively, Kontoor Brands Inc paid $0.51 in dividends in 2023.

Other key metrics

Current Trading Price

$43.62

52-Week High

$52.157

52-Week Low

$30.1434

Analyst Target Price

$52.71

Kontoor Brands Inc stock is currently trading at $43.62 per share. It touched a 52-week high of $52.157 and a 52-week low of $52.157. Analysts tracking the stock have a 12-month average target price of $52.71.

Its 50-day moving average was $43.47 and 200-day moving average was $43.43 The short ratio stood at 6.04 indicating a short percent outstanding of 0%.

Around 157% of the company’s stock are held by insiders while 9378.8% are held by institutions.