On Nov 01, major Wall Street analysts update their ratings for $Kontoor Brands (KTB.US)$, with price targets ranging from $93 to $110.
Barclays analyst Paul Kearney maintains with a buy rating, and adjusts the target price from $83 to $100.
UBS analyst Jay Sole maintains with a buy rating, and adjusts the target price from $88 to $110.
Wells Fargo analyst Ike Boruchow maintains with a buy rating, and adjusts the target price from $90 to $95.
Guggenheim analyst Robert Drbul maintains with a buy rating, and adjusts the target price from $62 to $100.
Stifel analyst Jim Duffy maintains with a hold rating, and maintains the target price at $93.
Furthermore, according to the comprehensive report, the opinions of $Kontoor Brands (KTB.US)$'s main analysts recently are as follows:
Kontoor Brands' third-quarter report highlighted the brands' escalating momentum, showcasing the company's enhancement as a prominent denim entity, marked by continuous gains in point of sale share. The anticipated 11% compound annual growth rate over five years and the expectation of earnings per share outperformance in the near future are seen as potential catalysts for the company's stock movement.
Kontoor Brands is advancing on various fronts, achieving organic market share gains, extending its categories, and widening distribution channels. Additionally, the company is enhancing its leading operating margin, with prospects for further improvement over the forthcoming two years.
The firm's optimism towards Kontoor Brands is supported by enhanced profitability, ongoing market share gains, and visibility into the Spring/Summer '25 orderbook. This positive outlook is reflected in the increased EPS estimates for FY24 and FY25 following the Q3 report.
The company has demonstrated commendable execution amidst a fluctuating environment, and while its stock has experienced a significant 84% increase on a year-over-year basis, it is suggested that the current valuation fully reflects the expectations for a business with low-single digit revenue growth. The Project Jeanius is anticipated to contribute to margin improvement in the fiscal years of 2025 and 2026. However, considering the potential for valuation contraction, the reliance on Walmart accounting for 36% of business, and the unpredictability of commodity prices, it is challenging to argue for a persuasive growth narrative for the stock.
Here are the latest investment ratings and price targets for $Kontoor Brands (KTB.US)$ from 5 analysts:
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美東時間11月1日，多家華爾街大行更新了$Kontoor Brands (KTB.US)$的評級，目標價介於93美元至110美元。
巴克萊銀行分析師Paul Kearney維持買入評級，並將目標價從83美元上調至100美元。
瑞士銀行分析師Jay Sole維持買入評級，並將目標價從88美元上調至110美元。
富國集團分析師Ike Boruchow維持買入評級，並將目標價從90美元上調至95美元。
Guggenheim分析師Robert Drbul維持買入評級，並將目標價從62美元上調至100美元。
斯迪富分析師Jim Duffy維持持有評級，維持目標價93美元。
此外，綜合報道，$Kontoor Brands (KTB.US)$近期主要分析師觀點如下：
kontoor brands的第三季度報告突出了品牌不斷增長的勢頭，展示了公司作爲主要牛仔布實體的增強，以連續增長的銷售點份額爲特徵。預計未來五年複合年增長率爲11%，並預計在不久的將來超越每股收益的預期，被視爲公司股票走勢的潛在催化劑。
kontoor brands在各個方面都在取得進展，實現有機市場份額增長，拓展其產品類別，並拓寬了分銷渠道。此外，公司正不斷提升其領先的營業利潤率，有望在未來兩年進一步改善。
公司對kontoor brands的樂觀態度得到了增強的盈利能力、持續市場份額增長以及對2025年春夏訂單簿的可見性的支持。這種積極前景反映在第三季度報告後對2024年和2025年的每股收益估計的增加上。
在不斷變化的環境中，公司展現了值得稱讚的執行力，儘管其股票在同比基礎上經歷了顯著的增長84%，但有人指出，當前估值完全反映了一家業務增長低個位數的企業的預期。預計Project Jeanius將有助於改善2025年和2026財年的利潤率。然而，考慮到估值會收窄的可能性，公司36%業務依賴沃爾瑪，並且商品價格的不可預測性，很難爲該股票提出一種具有說服力的增長故事。
以下爲今日5位分析師對$Kontoor Brands (KTB.US)$的最新投資評級及目標價：
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分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
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