What Are The Chances Of Kontoor Brands Inc (NYSE: KTB) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

As a NYSE listed company, KTB falls under the Consumer Cyclical sector while operating within the Apparel Manufacturing industry segment. The current market capitalization of Kontoor Brands Inc is $4.17B. A total of 0.71 million shares were traded on the day, compared to an average of 439.45K shares.

In the most recent transaction, Waldeck Christopher bought 21,496 shares of KTB for 71.59 per share on Aug 15 ’24. In a previous transaction on Aug 13 ’24, Waldeck Christopher bought 6,205 shares at 71.03 per share.

Among the insiders who bought shares, Waldeck Christopher acquired of 1,500 shares on Aug 12 ’24 at a per-share price of $71.07. In another insider transaction, Waldeck Christopher bought 9,100 shares at $70.00 per share on Aug 08 ’24.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Kontoor Brands Inc pays an annual dividend of $1.98, resulting in a dividend yield of 2.65%, and it has a price to earnings (P/E) ratio of 17.75. KTB’s most recent ex-dividend date was 9/10/2024 when it declared a $0.50 quarterly dividend that was paid in cash on 9/20/2024. Previously, the company paid the dividend on 6/20/2024 with an ex-dividend date of 6/10/2024. The KTB stock dividend was $0.50 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, KTB has a high of $74.90 and a low of $39.90.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. KTB’s latest balance sheet shows that the firm has $185.32M in Cash & Short Term Investments as of fiscal 2021. There were $848.75M in debt and $455.81M in liabilities at the time. Its Book Value Per Share was $6.59, while its Total Shareholder’s Equity was $148.14M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for KTB is Buy with a score of 4.71.

Most Popular

Related Posts