V.F. (NYSE:VFC) Earns "Buy" Rating from BTIG Research

Key Points

• BTIG Research reaffirmed its “Buy” rating on V.F. and set a $23 price target, implying approximately 38% upside from the reported $16.64 share price. However, the broader analyst consensus remains “Hold,” with an average target of $18.14.
• V.F. exceeded quarterly expectations, reporting $0.70 in earnings per share versus a $0.54 consensus and $2.70 billion in revenue versus $2.66 billion expected. Overall revenue still fell about 4% year over year, led by a 10% decline at Vans, while The North Face and Timberland each grew 4%.
• Insiders, including CEO Bracken Darrell and director Richard Carucci, recently purchased shares, while institutional investors own 86.84% of the stock. The company maintained its $0.09 quarterly dividend, though sales pressure and leverage continue to raise questions about payout sustainability.

V.F. (NYSE:VFC - Get Free Report)'s stock had its "buy" rating reissued by analysts at BTIG Research in a note issued to investors on Wednesday, Benzinga reports. They presently have a $23.00 price target on the textile maker's stock. BTIG Research's price target would indicate a potential upside of 38.26% from the stock's current price.

A number of other research firms also recently issued reports on VFC. Barclays boosted their target price on shares of V.F. from $23.00 to $24.00 and gave the company an "overweight" rating in a research report on Monday, October 12th. Stifel Nicolaus reduced their price objective on V.F. from $19.00 to $17.00 and set a "hold" rating for the company in a research note on Thursday, July 30th. Truist Financial set a $20.00 target price on V.F. and gave the stock a "buy" rating in a research report on Tuesday, October 13th. The Goldman Sachs Group cut their target price on V.F. from $18.00 to $16.00 and set a "neutral" rating on the stock in a report on Thursday, July 30th. Finally, Telsey Advisory Group lowered their target price on shares of V.F. from $20.00 to $17.00 and set a "market perform" rating on the stock in a report on Thursday, July 30th. Two analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, V.F. has an average rating of "Hold" and a consensus target price of $18.14.

V.F. Price Performance

Shares of NYSE VFC traded down $0.40 during mid-day trading on Wednesday, reaching $16.64. The company had a trading volume of 8,703,769 shares, compared to its average volume of 7,598,985. V.F. has a one year low of $12.45 and a one year high of $22.27. The business's 50-day simple moving average is $14.47 and its 200 day simple moving average is $16.98. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.78 and a current ratio of 1.43. The firm has a market cap of $6.54 billion, a price-to-earnings ratio of 24.07, a PEG ratio of 0.90 and a beta of 1.56.

V.F. (NYSE:VFC - Get Free Report) last released its quarterly earnings data on Wednesday, October 28th. The textile maker reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.16. V.F. had a return on equity of 18.91% and a net margin of 2.88%. The business had revenue of $2.70 billion for the quarter, compared to analyst estimates of $2.66 billion. V.F.'s revenue was down 3.8% compared to the same quarter last year. During the same period last year, the firm posted $0.52 earnings per share. On average, research analysts predict that V.F. will post 1.10 earnings per share for the current fiscal year.

Insider Activity at V.F.

In related news, insider Bracken Darrell bought 32,894 shares of the company's stock in a transaction on Friday, July 31st. The shares were purchased at an average price of $14.98 per share, for a total transaction of $492,752.12. Following the completion of the transaction, the insider directly owned 1,402,109 shares in the company, valued at approximately $21,003,592.82. The trade was a 2.40% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Richard Carucci bought 20,000 shares of the business's stock in a transaction on Thursday, August 13th. The stock was bought at an average price of $14.73 per share, with a total value of $294,600.00. Following the purchase, the director owned 356,215 shares in the company, valued at $5,247,046.95. This trade represents a 5.95% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 1.54% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On V.F.

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Bank of New York Mellon Corp bought a new stake in shares of V.F. in the 2nd quarter valued at about $42,038,000. Squarepoint Ops LLC lifted its position in V.F. by 298.1% in the second quarter. Squarepoint Ops LLC now owns 1,782,904 shares of the textile maker's stock valued at $29,739,000 after purchasing an additional 1,335,057 shares during the last quarter. Varenne Capital Partners purchased a new stake in shares of V.F. during the second quarter valued at approximately $13,671,000. Assenagon Asset Management S.A. grew its holdings in shares of V.F. by 242.3% in the third quarter. Assenagon Asset Management S.A. now owns 765,146 shares of the textile maker's stock worth $10,758,000 after purchasing an additional 541,627 shares during the last quarter. Finally, Compass Wealth Management LLC increased its stake in shares of V.F. by 8.1% in the third quarter. Compass Wealth Management LLC now owns 683,925 shares of the textile maker's stock worth $9,616,000 after buying an additional 51,483 shares during the period. 86.84% of the stock is currently owned by hedge funds and other institutional investors.

More V.F. News

Here are the key news stories impacting V.F. this week:

• Positive Sentiment: V.F. reported fiscal Q2 2027 adjusted earnings of $0.70 per share, well above the $0.54 analyst consensus, while revenue of approximately $2.70 billion also exceeded expectations of $2.66 billion. Net income rose to $285.3 million from $189.8 million a year earlier. V.F. Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: The North Face and Timberland remained bright spots, with revenue increasing 4% at each brand. V.F. also reaffirmed fiscal 2027 guidance for constant-currency revenue growth of at least 2% and an adjusted operating margin of approximately 8%. V.F. Finds Its Winning Formula With North Face and Timberland, but Vans Lags
• Positive Sentiment: The company declared its regular quarterly dividend of $0.09 per share. Recent insider activity also included purchases by CEO Bracken Darrell and director Richard Carucci, which may signal management confidence. VF Q2 Net Income Rises
• Neutral Sentiment: The earnings call emphasized that Vans wholesale trends are expected to improve in the second half, but investors will likely seek evidence that the turnaround can offset ongoing brand pressure.
• Negative Sentiment: Overall revenue fell about 4% year over year. Vans revenue declined 10% to $547.6 million, while wholesale revenue dropped 6%; these declines overshadowed growth at The North Face and Timberland. VF Q2 Profit Surges
• Negative Sentiment: An article flagged V.F. among high-yield consumer stocks displaying warning signs associated with possible dividend cuts. Although the dividend was maintained, the report may have heightened concerns about payout sustainability given the company’s sales pressure and leverage. High-Yield Dividend Stocks Flashing Warning Signs

About V.F.

V.F. Corporation, commonly known as VF Corporation, is a global apparel, footwear and accessories company. Its brand portfolio includes The North Face, Vans, Timberland, Dickies, JanSport, Smartwool, Icebreaker, Kipling, Eastpak and Napapijri. These brands serve outdoor, active, workwear, lifestyle and youth-oriented markets.

VF sells products through wholesale partners, company-operated retail stores, brand websites and other digital channels. Its offerings include jackets, outdoor and performance apparel, footwear, backpacks, luggage and workwear.

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