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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美东时间11月1日，多家华尔街大行更新了$Kontoor Brands (KTB.US)$的评级，目标价介于93美元至110美元。
巴克莱银行分析师Paul Kearney维持买入评级，并将目标价从83美元上调至100美元。
瑞士银行分析师Jay Sole维持买入评级，并将目标价从88美元上调至110美元。
富国集团分析师Ike Boruchow维持买入评级，并将目标价从90美元上调至95美元。
Guggenheim分析师Robert Drbul维持买入评级，并将目标价从62美元上调至100美元。
斯迪富分析师Jim Duffy维持持有评级，维持目标价93美元。
此外，综合报道，$Kontoor Brands (KTB.US)$近期主要分析师观点如下：
Kontoor Brands的第三季度报告突显了品牌逐渐增长的势头，展示了公司作为一家著名牛仔布实体的提升，不断提高销售点份额。预期的五年11%复合年增长率以及近期每股收益超额表现的预期被视为公司股票走势的潜在催化剂。
Kontoor Brands在各个方面都在取得进展，实现有机市场份额增长，拓展其产品类别，并扩大分销渠道。此外，公司正在提高其领先的营业利润率，并有望未来两年进一步改善。
公司对Kontoor Brands的乐观态度得到了增强的盈利能力、持续的市场份额增长和对2025年春夏订单簿的前景的支持。这种积极的前景反映在Q3报告后对FY24和FY25的EPS估计增加。
在不断变化的环境中，公司展示了值得称赞的执行力，尽管其股票在年度基础上经历了显着的84%增长，但目前的估值完全反映了对低个位数营业收入增长的期望。Jeanius项目预计将有助于在2025和2026财年改善利润率。然而，考虑到估值可能收缩的潜力，对沃尔玛的依赖占业务的36%，以及商品价格的不可预测性，很难为该股票提出有说服力的增长叙事。
以下为今日5位分析师对$Kontoor Brands (KTB.US)$的最新投资评级及目标价：
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