On Nov 02, 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.
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 strengthening momentum of its brands, reinforcing its status as a prominent denim entity, as demonstrated by continuous gains in point of sale share. The projection of an 11% five-year compound annual growth rate and anticipation of near-term earnings per share outperformance are expected to act as catalysts for the company's stock.
Kontoor Brands is advancing on several fronts, achieving organic market share gains, expanding into new categories, and increasing distribution channels. At the same time, the company is enhancing its top-tier operating margin, with additional opportunities for expansion anticipated in the following two years.
Kontoor Brands has demonstrated enhanced profitability and ongoing market share expansion, along with visibility into the Spring/Summer '25 order book. This has led to a revision of projected earnings, with increases to the FY24 and FY25 EPS forecasts following the Q3 report.
The company's performance has remained strong despite a challenging environment, and its stock has appreciated 84% on a year-over-year basis. However, given its status as a low-single digit revenue growth business, its valuation appears to be quite stretched. The Project Jeanius is anticipated to enhance margins by fiscal 2025 and 2026, yet risks including valuation contraction, the reliance on Walmart as a major customer, and fluctuations in commodity prices, present challenges to advocating for a strong upside in the stock's future.
Here are the latest investment ratings and price targets for $Kontoor Brands (KTB.US)$ from 4 analysts:
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美东时间11月2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。
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其品牌势头的增强，进一步巩固了其作为显着牛仔品牌实体的地位，这体现在销售市场份额持续增长。预计未来5年复合年增长率为11%，预计短期每股收益将超出预期，这些预期将成为该公司股票的催化剂。
Kontoor Brands在多个领域取得进展，实现了有机市场份额增长，拓展到新的品类，并增加了分销渠道。同时，公司正在提升其一流的营业利润率，在接下来的两年内有望进一步扩张。
Kontoor Brands展示了增强的盈利能力和持续扩张的市场份额，以及对2025年春夏订单簿的可见性。这导致了对预期收益的修订，根据第三季度报告，FY24和FY25每股收益预测均有所提高。
尽管环境具有挑战性，但公司表现依然强劲，股价在同比增长84%，然而，鉴于其作为一家增长率为个位数的营业收入企业，其估值似乎相当高。Project Jeanius预计将在2025年和2026年度改善利润率，然而，风险包括估值收缩、对沃尔玛作为主要客户的依赖以及商品价格波动，这些都对支持股票未来强劲上升提出挑战。
以下为今日4位分析师对$Kontoor Brands (KTB.US)$的最新投资评级及目标价：
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