VF (NYSE:VFC) Given a $15.00 Price Target by BMO Capital Markets Analysts

VF (NYSE:VFC - Get Free Report) received a $15.00 price target from equities research analysts at BMO Capital Markets in a research note issued to investors on Thursday, Marketbeat reports. The firm presently has a "market perform" rating on the textile maker's stock. BMO Capital Markets' target price would suggest a potential upside of 23.20% from the stock's current price.

VFC has been the topic of several other research reports. Wells Fargo & Company dropped their target price on shares of VF from $13.00 to $12.00 and set an "equal weight" rating on the stock in a research report on Thursday. Needham & Company LLC lowered their price target on VF from $28.00 to $15.00 and set a "buy" rating for the company in a report on Wednesday. Piper Sandler lowered their target price on VF from $18.00 to $12.00 and set a "neutral" rating for the company in a report on Friday, April 11th. The Goldman Sachs Group reduced their price target on VF from $25.00 to $12.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 22nd. Finally, Barclays cut their price target on VF from $34.00 to $19.00 and set an "overweight" rating on the stock in a research note on Monday, May 12th. One analyst has rated the stock with a sell rating, fifteen have given a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, VF presently has a consensus rating of "Hold" and an average target price of $16.10.

VF Price Performance

Shares of NYSE VFC opened at $12.18 on Thursday. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.00 and a current ratio of 1.56. VF has a fifty-two week low of $9.41 and a fifty-two week high of $29.02. The company has a market cap of $4.74 billion, a PE ratio of -10.23, a P/E/G ratio of 6.77 and a beta of 1.68. The business has a 50-day simple moving average of $13.12 and a two-hundred day simple moving average of $19.11.

VF (NYSE:VFC - Get Free Report) last released its quarterly earnings data on Wednesday, May 21st. The textile maker reported ($0.13) EPS for the quarter, beating the consensus estimate of ($0.14) by $0.01. VF had a negative net margin of 4.63% and a positive return on equity of 14.86%. The business had revenue of $2.14 billion for the quarter, compared to the consensus estimate of $2.17 billion. During the same period in the prior year, the firm earned ($0.32) EPS. The business's revenue for the quarter was down 4.6% on a year-over-year basis. As a group, equities analysts expect that VF will post 0.73 EPS for the current fiscal year.

Institutional Investors Weigh In On VF

Institutional investors have recently made changes to their positions in the stock. GAMMA Investing LLC raised its position in VF by 1,355.2% during the first quarter. GAMMA Investing LLC now owns 404,405 shares of the textile maker's stock worth $6,276,000 after acquiring an additional 376,615 shares during the last quarter. Segall Bryant & Hamill LLC increased its stake in VF by 5.8% during the fourth quarter. Segall Bryant & Hamill LLC now owns 3,874,781 shares of the textile maker's stock worth $83,153,000 after acquiring an additional 211,440 shares during the last quarter. Rhumbline Advisers lifted its position in VF by 11.0% during the first quarter. Rhumbline Advisers now owns 928,753 shares of the textile maker's stock valued at $14,414,000 after buying an additional 92,174 shares in the last quarter. Entropy Technologies LP purchased a new stake in VF during the 1st quarter worth $749,000. Finally, Amalgamated Bank lifted its position in VF by 46.2% during the 1st quarter. Amalgamated Bank now owns 152,410 shares of the textile maker's stock worth $2,365,000 after acquiring an additional 48,151 shares in the last quarter. 86.84% of the stock is currently owned by hedge funds and other institutional investors.

VF Company Profile

VF Corp. engages in the business of producing and marketing apparel, footwear, and accessories. It operates through the following segments: Outdoor, Active, Work, and Other. The Outdoor segment includes authentic outdoor-based lifestyle brands such as performance-based and outdoor apparel, footwear, and equipment.