V.F. Corporation (NYSE:VFC) Stock Rated "Hold" by Wall Street Analysts

Key Points

• Wall Street’s consensus rating is “Hold”: Of 21 analysts, 13 recommend holding V.F. shares, while five rate them a buy and two a strong buy. The average 12-month price target is $17.92.
• Recent analyst sentiment has improved but remains mixed: Piper Sandler upgraded V.F. to Overweight and JPMorgan raised its rating to Neutral, while Barclays said the turnaround may be undervalued; Stifel Nicolaus maintained a Hold rating.
• V.F. reported mixed quarterly results: Revenue of $1.67 billion exceeded expectations, but adjusted EPS of a $0.27 loss missed estimates and revenue declined 5.2% year over year. The company also paid a quarterly dividend of $0.09, equivalent to a 2.2% annualized yield.

Shares of V.F. Corporation (NYSE:VFC - Get Free Report) have been assigned an average recommendation of "Hold" from the twenty-one research firms that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, thirteen have issued a hold recommendation, five have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year price target among brokers that have covered the stock in the last year is $17.92.

A number of analysts have issued reports on VFC shares. Robert W. Baird reaffirmed a "neutral" rating and issued a $15.00 price objective on shares of V.F. in a research note on Monday, September 14th. BTIG Research reaffirmed a "buy" rating on shares of V.F. in a report on Friday, July 24th. Evercore set a $16.00 target price on V.F. in a research report on Thursday, July 30th. Piper Sandler raised shares of V.F. from a "neutral" rating to an "overweight" rating and raised their target price for the company from $16.00 to $20.00 in a report on Tuesday. Finally, Stifel Nicolaus cut their target price on shares of V.F. from $19.00 to $17.00 and set a "hold" rating for the company in a report on Thursday, July 30th.

V.F. News Summary

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

• Positive Sentiment: Piper Sandler upgraded VFC to Overweight from Neutral, signaling increased confidence in the company’s recovery potential and supporting the stock’s upward momentum. Piper Sandler upgrades VF to overweight from neutral
• Positive Sentiment: Barclays expressed optimism that VFC’s turnaround remains undervalued. The view suggests investors may not yet be fully pricing in potential improvements in the company’s brands, operations and financial performance. V.F. rises on Barclays optimism
• Positive Sentiment: JPMorgan upgraded VFC to Neutral from Underweight, removing a bearish stance and helping improve sentiment toward the stock. The upgrade indicates reduced downside concerns, even though it does not represent a bullish rating. JP Morgan upgrades VF to neutral from underweight
• Positive Sentiment: Recent gains occurred on above-average volume, while earnings-estimate revisions have shown signs of improvement, potentially indicating stronger investor interest and expectations for additional upside. Strength seen in V.F.
• Neutral Sentiment: Stifel Nicolaus maintained its Hold rating. The decision provides no new positive catalyst and underscores that some analysts remain cautious about the pace and durability of VFC’s turnaround. Stifel Nicolaus maintains Hold rating

V.F. Trading Up 1.5%

Shares of V.F. stock opened at $16.03 on Wednesday. V.F. has a twelve month low of $12.45 and a twelve month high of $22.27. The company has a quick ratio of 0.78, a current ratio of 1.43 and a debt-to-equity ratio of 1.70. The business has a 50-day moving average price of $13.99 and a 200-day moving average price of $16.19. The firm has a market cap of $6.30 billion, a price-to-earnings ratio of 23.23, a PEG ratio of 0.84 and a beta of 1.56.

V.F. (NYSE:VFC - Get Free Report) last posted its earnings results on Wednesday, July 29th. The textile maker reported ($0.27) EPS for the quarter, missing analysts' consensus estimates of ($0.22) by ($0.05). V.F. had a return on equity of 18.91% and a net margin of 2.88%. The firm had revenue of $1.67 billion during the quarter, compared to analysts' expectations of $1.64 billion. During the same quarter in the prior year, the firm posted ($0.24) earnings per share. V.F.'s quarterly revenue was down 5.2% on a year-over-year basis. Equities research analysts anticipate that V.F. will post 1.08 EPS for the current fiscal year.

V.F. Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Thursday, September 10th were paid a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Thursday, September 10th. V.F.'s dividend payout ratio (DPR) is presently 52.17%.

Insider Transactions at V.F.

In other V.F. news, Director Richard Carucci bought 20,000 shares of the firm's stock in a transaction dated Thursday, August 13th. The shares were purchased at an average cost of $14.73 per share, for a total transaction of $294,600.00. Following the transaction, the director owned 356,215 shares of the company's stock, valued at $5,247,046.95. This represents a 5.95% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Bracken Darrell purchased 32,894 shares of the stock in a transaction that occurred on Friday, July 31st. The stock was acquired at an average cost of $14.98 per share, with a total value of $492,752.12. Following the acquisition, the insider owned 1,402,109 shares in the company, valued at $21,003,592.82. The trade was a 2.40% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 1.54% of the company's stock.

Institutional Investors Weigh In On V.F.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Varenne Capital Partners bought a new position in shares of V.F. during the 2nd quarter valued at approximately $13,671,000. Corient Private Wealth LP raised its holdings in V.F. by 343.7% during the 2nd quarter. Corient Private Wealth LP now owns 212,198 shares of the textile maker's stock valued at $3,539,000 after buying an additional 164,369 shares during the period. Madison Asset Management LLC purchased a new stake in V.F. during the 2nd quarter valued at $3,913,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in V.F. in the second quarter worth $2,457,000. Finally, Hillsdale Investment Management Inc. bought a new stake in V.F. in the first quarter worth $3,209,000. 86.84% of the stock is currently owned by hedge funds and other institutional investors.

About V.F.

V.F. Corporation NYSE: VFC is a global apparel, footwear and accessories company. Its portfolio includes well-known outdoor, active and workwear brands such as The North Face, Vans, Timberland and Dickies, which offer products ranging from outdoor clothing and hiking footwear to casual apparel, skate shoes and workwear.

The company sells its products through wholesale customers, brand-operated stores, e-commerce platforms and other digital channels. V.F. serves consumers in markets worldwide, with operations and distribution spanning North America, Europe, Asia-Pacific and other international regions.

Founded in 1899 as a manufacturer of gloves and mittens, the company later expanded into apparel and became known as Vanity Fair Mills before adopting the V.F.

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