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:
Note:
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美東時間11月2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。
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的第三季度報告突顯了其品牌勢頭的增強，進一步鞏固了其作爲主要牛仔布實體的地位，持續獲得銷售份額的增長。預計未來五年複合年增長率爲11%，並預期短期每股收益超額表現將成爲公司股票的催化劑。
kontoor brands在多個方面取得進展，實現了有機市場份額增長，拓展到新類別，並增加了分銷渠道。與此同時，公司正在提升頂級營業利潤率，並預計未來兩年將有進一步擴張的機會。
kontoor brands展示了增強的盈利能力和持續擴大的市場份額，同時還提供了對2025年春夏訂單簿的可見性。這導致了對預期收益的修訂，在第三季度報告後，預計2024年和2025年每股收益預測將增加。
儘管面臨挑戰環境，該公司的業績仍然強勁，並且其股價在年度基礎上升值了84%。然而，考慮到其作爲低位數營業收入增長業務的身份，其估值似乎相當高企。「Project Jeanius」有望在2025年和2026年的財政年度提升利潤率，但包括估值收縮、對沃爾瑪作爲主要客戶的依賴以及商品價格波動等風險，都對未來股票的強勁上行提出了挑戰。
以下爲今日4位分析師對$Kontoor Brands (KTB.US)$的最新投資評級及目標價：
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