With 1.1 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.86 million shares. The 52-week range on KTB shows that it touched its highest point at $96.80 and its lowest point at $50.00 during that stretch. It currently has a 1-year price target of $74.40. With its current market cap of 3.73 billion, KTB has annualized dividend of $2.04 while the current yield stands at 3.02%. Beta for the stock currently stands at 1.16.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of KTB was up-trending over the past week, with a rise of 12.12%, but this was up by 20.26% over a month. Three-month performance dropped to -23.58% while six-month performance fell -17.40%. The stock gained 2.73% in the past year, while it has lost -21.04% so far this year. A look at the trailing 12-month EPS for KTB yields 4.08 with Next year EPS estimates of 5.56. For the next quarter, that number is 0.90. This implies an EPS growth rate of 6.08% for this year and 7.21% for next year. EPS is expected to grow by 8.71% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 20.90%.
Float and Shares Shorts:
At present, 55.43 million KTB shares are outstanding with a float of 54.21 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for KTB since 4 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $4.86456 being high and $4.83435 being low. For KTB, this leads to a yearly average estimate of $4.85449.
