Kontoor Brands, Inc. (KTB)
NYSE: KTB · IEX Real-Time Price · USD
54.00
+0.04 (0.07%)
Apr 15, 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 66.5, with a low estimate of 47 and a high estimate of 85. The average target predicts an increase of 23.15% from the current stock price of 54.00.

Analyst Consensus: Buy
Target Low Average Median High
Price $47 $66.5 $68 $85
Change -12.96% +23.15% +25.93% +57.41%
* Price targets were last updated on Feb 29, 2024.

Analyst Ratings

The average analyst rating for Kontoor Brands stock from 7 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 Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 555333
Buy 222222
Hold 112222
Sell 000000
Strong Sell 000000
Total 889777

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$56$64
Strong Buy Maintains $56$64 +18.52% Feb 29, 2024
Barclays
Barclays
Buy
Maintains
$75$65
Buy Maintains $75$65 +20.37% Feb 29, 2024
UBS
UBS
Strong Buy
Maintains
$83$85
Strong Buy Maintains $83$85 +57.41% Feb 16, 2024
Edward Jones
Edward Jones
Hold
Downgrades
n/a
Hold Downgrades n/a n/a Jan 26, 2024
Wells Fargo
Wells Fargo
Buy
Maintains
$56$68
Buy Maintains $56$68 +25.93% Dec 22, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
2.62B
from 2.61B
Increased by 0.63%
Revenue Next Year
2.71B
from 2.62B
Increased by 3.13%
EPS This Year
4.71
from 4.06
Increased by 16.03%
EPS Next Year
5.18
from 4.71
Increased by 9.92%
Year 20192020202120222023202420252026
Revenue
2.55B2.10B2.48B2.63B2.61B2.62B2.71B2.77B
Revenue Growth
-7.78%-17.69%18.02%6.28%-0.91%0.63%3.13%2.48%
EPS
1.691.173.314.314.064.715.185.37
EPS Growth
-63.58%-30.77%182.91%30.21%-5.80%16.03%9.92%3.62%
No. Analysts -----885
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
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 202420252026
High
5.6%
10.4%
11.7%
Avg
0.6%
3.1%
2.5%
Low
-5.2%
-5.7%
-8.4%

EPS Forecast

EPS 202420252026
High 5.01 5.86 6.42
Avg 4.71 5.18 5.37
Low 4.27 4.16 4.09

EPS Growth

EPS Growth 202420252026
High
23.4%
24.4%
23.9%
Avg
16.0%
9.9%
3.6%
Low
5.2%
-11.8%
-21.1%
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.