KTB Stock Overview
Kontoor Brands, Inc., a lifestyle apparel company, designs, manufactures, procures, markets, and distributes apparel under the Wrangler and Lee brands in the United States and internationally.
Kontoor Brands Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$49.43|
|52 Week High||US$69.16|
|52 Week Low||US$35.48|
|1 Month Change||4.24%|
|3 Month Change||-4.02%|
|1 Year Change||17.52%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||22.05%|
Recent News & Updates
Is Kontoor Brands, Inc. (NYSE:KTB) Trading At A 25% Discount?
Does the January share price for Kontoor Brands, Inc. ( NYSE:KTB ) reflect what it's really worth? Today, we will...
Kontoor Brands: Now Is Your Time To Accumulate
KTB has been punished in recent weeks. While I don't see a rally in the short-term, there's a lot to like here. Very cheap valuation and high yield are among the positives with long-term upside.
Should You Investigate Kontoor Brands, Inc. (NYSE:KTB) At US$50.73?
While Kontoor Brands, Inc. ( NYSE:KTB ) might not be the most widely known stock at the moment, it received a lot of...
|KTB||US Luxury||US Market|
Return vs Industry: KTB exceeded the US Luxury industry which returned 4.4% over the past year.
Return vs Market: KTB exceeded the US Market which returned 10.2% over the past year.
|KTB Average Weekly Movement||5.4%|
|Luxury Industry Average Movement||6.0%|
|Market Average Movement||6.6%|
|10% most volatile stocks in US Market||15.8%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: KTB is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: KTB's weekly volatility (5%) has been stable over the past year.
About the Company
Kontoor Brands, Inc., a lifestyle apparel company, designs, manufactures, procures, markets, and distributes apparel under the Wrangler and Lee brands in the United States and internationally. The company sells its products primarily through mass and mid-tier retailers, specialty stores, department stores, and retailer-owned and third-party e-commerce sites, as well as through direct-to-consumer channels, including full-price and outlet stores, and its websites. As of January 2, 2021, it operated 86 retail stores across the Americas, Europe, the Middle East, Africa, and the Asia-Pacific regions.
Kontoor Brands Fundamentals Summary
|KTB fundamental statistics|
Is KTB overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|KTB income statement (TTM)|
|Cost of Revenue||US$1.35b|
Last Reported Earnings
Oct 02, 2021
Next Earnings Date
|Earnings per share (EPS)||3.40|
|Net Profit Margin||7.93%|
How did KTB perform over the long term?See historical performance and comparison
3.7%Current Dividend Yield
Is Kontoor Brands undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: KTB ($49.43) is trading below our estimate of fair value ($65.82)
Significantly Below Fair Value: KTB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: KTB is good value based on its PE Ratio (14.6x) compared to the US Luxury industry average (16.7x).
PE vs Market: KTB is good value based on its PE Ratio (14.6x) compared to the US market (17x).
Price to Earnings Growth Ratio
PEG Ratio: KTB is poor value based on its PEG Ratio (2.6x)
Price to Book Ratio
PB vs Industry: KTB is overvalued based on its PB Ratio (15.3x) compared to the US Luxury industry average (1.8x).
How is Kontoor Brands forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KTB's forecast earnings growth (5.7% per year) is above the savings rate (2%).
Earnings vs Market: KTB's earnings (5.7% per year) are forecast to grow slower than the US market (13% per year).
High Growth Earnings: KTB's earnings are forecast to grow, but not significantly.
Revenue vs Market: KTB's revenue (3.1% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: KTB's revenue (3.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if KTB's Return on Equity is forecast to be high in 3 years time
How has Kontoor Brands performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KTB has high quality earnings.
Growing Profit Margin: KTB's current net profit margins (7.9%) are higher than last year (2.6%).
Past Earnings Growth Analysis
Earnings Trend: KTB's earnings have declined by 20.7% per year over the past 5 years.
Accelerating Growth: KTB's earnings growth over the past year (257.5%) exceeds its 5-year average (-20.7% per year).
Earnings vs Industry: KTB earnings growth over the past year (257.5%) exceeded the Luxury industry 57.1%.
Return on Equity
High ROE: Whilst KTB's Return on Equity (105.34%) is outstanding, this metric is skewed due to their high level of debt.
How is Kontoor Brands's financial position?
Financial Position Analysis
Short Term Liabilities: KTB's short term assets ($988.3M) exceed its short term liabilities ($504.6M).
Long Term Liabilities: KTB's short term assets ($988.3M) exceed its long term liabilities ($923.8M).
Debt to Equity History and Analysis
Debt Level: KTB's net debt to equity ratio (312%) is considered high.
Reducing Debt: Insufficient data to determine if KTB's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: KTB's debt is well covered by operating cash flow (40.6%).
Interest Coverage: KTB's interest payments on its debt are well covered by EBIT (7.6x coverage).
What is Kontoor Brands's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: KTB's dividend (3.72%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: KTB's dividend (3.72%) is in the top 25% of dividend payers in the US market (3.48%)
Stability and Growth of Payments
Stable Dividend: KTB has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: KTB has only been paying a dividend for 2 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (47.2%), KTB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: KTB's dividends in 3 years are forecast to be well covered by earnings (44% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Scott Baxter (56 yo)
Mr. Scott H. Baxter serves as Independent Director at Callaway Golf Company since November 21, 2019. He has been President and Director of Kontoor Brands, Inc. and serves as its Chief Executive Officer sin...
CEO Compensation Analysis
Compensation vs Market: Scott's total compensation ($USD5.83M) is about average for companies of similar size in the US market ($USD5.14M).
Compensation vs Earnings: Scott's compensation has been consistent with company performance over the past year.
Experienced Management: KTB's management team is considered experienced (3 years average tenure).
Experienced Board: KTB's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Kontoor Brands, Inc.'s employee growth, exchange listings and data sources
- Name: Kontoor Brands, Inc.
- Ticker: KTB
- Exchange: NYSE
- Founded: 2018
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Implied Market Cap: US$2.833b
- Shares outstanding: 57.32m
- Website: https://www.kontoorbrands.com
Number of Employees
- Kontoor Brands, Inc.
- 400 North Elm Street
- North Carolina
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/19 23:51|
|End of Day Share Price||2022/01/19 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.