Kontoor Brands, Inc. (KTB)
NYSE: KTB · IEX Real-Time Price · USD
64.83
-0.04 (-0.06%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Kontoor Brands Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Kontoor Brands stock have an average target of 75.17, with a low estimate of 65 and a high estimate of 85. The average target predicts an increase of 15.95% from the current stock price of 64.83.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Kontoor Brands stock from 7 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 3 | 3 | 3 | 3 | 3 |
| Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Hold | 2 | 2 | 2 | 2 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 7 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Maintains $77 → $80 | Strong Buy | Maintains | $77 → $80 | +23.40% | Jun 14, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $68 → $77 | Strong Buy | Maintains | $68 → $77 | +18.77% | May 3, 2024 |
| Barclays | Barclays | Buy Maintains $65 → $76 | Buy | Maintains | $65 → $76 | +17.23% | May 3, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $56 → $64 | Strong Buy | Maintains | $56 → $64 | -1.28% | Feb 29, 2024 |
| Barclays | Barclays | Buy Maintains $75 → $65 | Buy | Maintains | $75 → $65 | +0.26% | Feb 29, 2024 |
Financial Forecast
Revenue This Year
2.63B
from 2.61B
Increased by 0.86%
Revenue Next Year
2.71B
from 2.63B
Increased by 3.16%
EPS This Year
4.76
from 4.06
Increased by 17.21%
EPS Next Year
5.29
from 4.76
Increased by 11.18%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.8B | 2.9B | 3.0B |
| Avg | 2.6B | 2.7B | 2.8B |
| Low | 2.5B | 2.5B | 2.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.7% | 9.5% | 10.8% |
| Avg | 0.9% | 3.2% | 2.4% |
| Low | -4.7% | -5.4% | -8.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.04 | 5.90 | 6.48 |
| Avg | 4.76 | 5.29 | 5.53 |
| Low | 4.25 | 4.12 | 4.02 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 24.1% | 24.0% | 22.5% |
| Avg | 17.2% | 11.2% | 4.6% |
| Low | 4.8% | -13.5% | -24.1% |
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.