How to Buy Kontoor Brands Stock
Kontoor Brands Inc
Kontoor Brands, Inc. , a lifestyle apparel company, designs, manufactures, sources, markets, and distributes apparel under the Wrangler and Lee brands in the United States and internationally.
Kontoor Brands stock last closed at $62.20, up 0.65% from the previous day, and has increased 38.81% in one year. It has overperformed other stocks in the Apparel Manufacturing industry by 0.23 percentage points. Kontoor Brands stock is currently +67.65% from its 52-week low of $37.10, and -3.55% from its 52-week high of $64.49.
There are currently 55.76M shares of KTB outstanding. The market value of KTB is $3.47B. In the past 24 hours, 699,746 KTB shares were traded.
How to Buy Kontoor Brands Stock
Not sure how to invest in Kontoor Brands stock? Here's how.
- Figure out where to buy Kontoor Brands stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you decide where to buy Kontoor Brands stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Select your payment method and add your info.
- Evaluate Kontoor Brands stock: The Kontoor Brands ticker symbol is KTB. Is Kontoor Brands stock a good investment? Should you buy shares of KTB? How do KTB's underlying business fundamentals look? Do top analysts think Kontoor Brands is a good buy? Why has KTB's stock price moved recently? (Hint: Our stock market analysis website can help you understand if KTB is a good stock to buy).
- Execute your KTB trade: Decide if you will purchase KTB shares at the current market price or use a limit order to purchase KTB stock at a specific price.
- Monitor your investment in KTB: Create a watchlist to keep tabs on your investment in Kontoor Brands stock.
Step 1: Figure out where to buy Kontoor Brands stock
You will need a brokerage account in order to access the NYSE market and buy KTB stock.
Our recommended brokerage: eToro
Based on our experience, eToro is the best brokerage. eToro gives you:
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- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by creating an account with eToro today.
Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the best brokerage, the next step is to fill out some personal details so you can invest in KTB today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to create a new brokerage account.
- Send your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you have opened your account on the best stock app for beginners, your next step is to transfer the money for your investment:
Check out this video walkthrough to see the process of depositing funds into your brokerage account.
Step 4: Evaluate Kontoor Brands stock
After you have identified the best place to buy Kontoor Brands stock, it's very important to analyze their stock before you buy, so you can understand the risk and upside.
Kontoor Brands stock quick numbers
Kontoor Brands Overview
WallStreetZen was designed to help part-time investors do better fundamental analysis.
You can see all of the due diligence checks on KTB's stock page.
How is KTB stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge KTB's fair value.
Using relative valuations methods:
- KTB could be undervalued based on its P/E ratio of 15.06x, relative to Apparel Manufacturing industry P/E ratio of 19.02x
- KTB may be overvalued based on its P/B ratio of 9.33x, relative to Apparel Manufacturing industry P/B ratio of 2.51x
- KTB may be undervalued based on its PEG ratio of 0.73x
You can access additional valuation research on KTB's stock here.
KTB Financial Summary
Positive Health Checks:
- There are more short-term assets than short-term liabilities on the KTB balance sheet.
- Total KTB debt is lower than 5 years ago, relative to shareholder equity.
- KTB earnings of $312.31M is not sufficient to cover its interest payments.
- KTB's operating cash flow of $356.55M allows it to safely service it's debt of $841.68M.
- There are more short-term assets than long-term liabilities on the KTB balance sheet.
Negative Health Checks:
- KTB has a relatively high debt to equity ratio of 3.42.
- KTB profit margin has gone down from 9.3% to 8.9% in the past year.
Is Kontoor Brands stock a Buy, Hold, or Sell, according to analysts?
Out of 5 Wall Street analysts who give forecasts on KTB, the consensus analyst rating on Kontoor Brands is a Strong Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Kontoor Brands stock forecast page.
KTB Momentum
How is KTB performing as a company?
Last year, KTB earnings were $230.99M. Over the past 5 year, KTB's earnings have gone up by 28.26% per year. This was faster than the Apparel Manufacturing industry average of 0.53%.
Last year, KTB revenue was $2.61B. In the last 5 year, KTB's revenue has gone up by 4.45% per year. This was faster than the Apparel Manufacturing industry average of 2.76%.
Dive into KTB's earnings and revenue performance here.
Latest Insiders Trades at KTB
In the last year, executives and large shareholders at KTB have sold more shares than they have bought.
Scott H. Baxter, Chair President and CEO of KTB, was the latest KTB insider to sell. They sold $480,351.90 worth of KTB stock on Apr 1, 2024.
Dig into more about who owns KTB stock here.
Does KTB stock generate passive income?
Kontoor Brands pays a dividend of 3.15%, compared to the Apparel Manufacturing industry's average dividend yield of 2.75%. If you owned $1,000 of KTB stock, you would have received $31.51 in the past year.
Kontoor Brands dividend payments have not consistently grown over the past 5 years and have not remained stable.
Dig into more info about Kontoor Brands dividend yield and history here.
What others are saying about KTB
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Execute your KTB trade
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are usually fine. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a particular price, place a limit order.
Click the Open button and eToro will execute the order.
If you need more assistance investing in stocks on eToro, click the how to video below:
Step 6: Monitor your investment in KTB
Now that you own some shares in KTB, you'll want to stay up-to-date on your new investment.
Put KTB on a watchlist to get alerted to the latest events about your KTB stock.
KTB Feed
How to Buy Stock in Kontoor Brands
To reiterate, here are the 6 steps to buy stock in Kontoor Brands:
- Figure out where to buy Kontoor Brands stock
- Open your brokerage account
- Deposit money your brokerage account
- Evaluate Kontoor Brands stock
- Execute your KTB trade
- Monitor your investment in KTB
If you need a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to track your investment in Kontoor Brands, create a watchlist today.
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