Kontoor Brands, Inc. (KTB)
NYSE: KTB · Real-Time Price · USD
84.25
+2.60 (3.18%)
Nov 4, 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 7.67% from the current stock price of 84.25.
Analyst Consensus: Buy
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 4 | 4 | 4 | 3 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 1 | 1 | 1 | 1 | 1 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 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 | +18.69% | Nov 1, 2024 |
| UBS | UBS | Strong Buy Maintains $103 → $110 | Strong Buy | Maintains | $103 → $110 | +30.56% | Nov 1, 2024 |
| Barclays | Barclays | Buy Maintains $83 → $100 | Buy | Maintains | $83 → $100 | +18.69% | Nov 1, 2024 |
| Stifel | Stifel | Strong Buy → Hold Downgrades $89 → $93 | Strong Buy → Hold | Downgrades | $89 → $93 | +10.39% | Nov 1, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $80 → $90 | Buy | Maintains | $80 → $90 | +6.82% | Oct 23, 2024 |
Financial Forecast
Revenue This Year
2.64B
from 2.61B
Increased by 1.21%
Revenue Next Year
2.72B
from 2.64B
Increased by 3.22%
EPS This Year
4.82
from 4.06
Increased by 18.64%
EPS Next Year
5.37
from 4.82
Increased by 11.56%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.8B | 2.9B | 3.0B |
| Avg | 2.6B | 2.7B | 2.8B |
| Low | 2.6B | 2.6B | 2.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.7% | 8.5% | 9.7% |
| Avg | 1.2% | 3.2% | 3.0% |
| Low | -2.2% | -3.3% | -6.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.05 | 5.84 | 6.46 |
| Avg | 4.82 | 5.37 | 5.77 |
| Low | 4.49 | 4.36 | 4.26 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 24.3% | 21.3% | 20.2% |
| Avg | 18.6% | 11.6% | 7.4% |
| Low | 10.6% | -9.5% | -20.7% |
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.