Kontoor Brands, Inc. (KTB)
NYSE: KTB · Real-Time Price · USD
87.35
+1.08 (1.25%)
Dec 20, 2024, 4:00 PM EST - Market closed
Kontoor Brands Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Kontoor Brands stock have an average target of 90.71, with a low estimate of 65 and a high estimate of 110. The average target predicts an increase of 3.85% from the current stock price of 87.35.
Analyst Consensus: Buy
* Price targets were last updated on Nov 1, 2024.
Analyst Ratings
The average analyst rating for Kontoor Brands stock from 8 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 4 | 4 | 4 | 3 | 3 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 1 | 1 | 1 | 1 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 8 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Guggenheim | Guggenheim | Strong Buy Maintains $80 → $100 | Strong Buy | Maintains | $80 → $100 | +14.48% | Nov 1, 2024 |
| UBS | UBS | Strong Buy Maintains $103 → $110 | Strong Buy | Maintains | $103 → $110 | +25.93% | Nov 1, 2024 |
| Barclays | Barclays | Buy Maintains $83 → $100 | Buy | Maintains | $83 → $100 | +14.48% | Nov 1, 2024 |
| Stifel | Stifel | Strong Buy → Hold Downgrades $89 → $93 | Strong Buy → Hold | Downgrades | $89 → $93 | +6.47% | Nov 1, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $80 → $90 | Buy | Maintains | $80 → $90 | +3.03% | Oct 23, 2024 |
Financial Forecast
Revenue This Year
2.63B
from 2.61B
Increased by 0.90%
Revenue Next Year
2.71B
from 2.63B
Increased by 2.96%
EPS This Year
4.89
from 4.06
Increased by 20.33%
EPS Next Year
5.45
from 4.89
Increased by 11.64%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.7B | 2.8B | 3.0B |
| Avg | 2.6B | 2.7B | 2.8B |
| Low | 2.6B | 2.6B | 2.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.0% | 8.1% | 9.2% |
| Avg | 0.9% | 3.0% | 3.0% |
| Low | -2.2% | -3.0% | -5.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.10 | 6.04 | 6.72 |
| Avg | 4.89 | 5.45 | 5.93 |
| Low | 4.71 | 4.53 | 4.42 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 25.7% | 23.6% | 23.2% |
| Avg | 20.3% | 11.6% | 8.6% |
| Low | 16.1% | -7.3% | -19.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.