Investing In Kontoor Brands Inc (NYSE: KTB): Why Should You?

After Hours

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.

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Stocks Info

The company is listed on the NYSE and operates within the Apparel Manufacturing industry segment. The current market capitalization of Kontoor Brands Inc is $4.57B. A total of 0.57 million shares were traded on the day, compared to an average of 399.63K 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

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Kontoor Brands Inc pays an annual dividend of $2.00, resulting in a dividend yield of 2.44%, and it has a price to earnings (P/E) ratio of 19.47. 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.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, KTB has a high of $81.75 and a low of $39.90.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. 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

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. 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.

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