NYSE:KTBLuxury
Kontoor Brands (KTB): Reassessing Valuation After a 20% Share Price Slide Despite Solid Earnings Growth
Kontoor Brands (KTB) has had a rough stretch lately, with the stock down about 20% this year and roughly 21% over the past year, despite solid double digit earnings growth.
See our latest analysis for Kontoor Brands.
That drop in the 1 year share price return, and the recent slide from a 7 day share price return of minus 9.72 percent to today’s 68.18 dollars, jars with Kontoor’s strong multi year total shareholder returns. This suggests sentiment has cooled even as the long term story stays...