Zacks Research Comments on V.F.'s Q3 Earnings (NYSE:VFC)

Key Points

• Zacks Research raised V.F.’s Q3 2027 EPS estimate to $0.68 from $0.66 and projects Q4 EPS of $0.15, while maintaining a “Hold” rating.
• V.F. recently reported an adjusted EPS loss of $0.27, missing consensus by $0.05, as quarterly revenue fell 5.2% year over year to $1.67 billion.
• The stock opened at $12.90, near its one-year low, amid an overall analyst consensus of “Hold” and an average price target of $18.21; the company also declared a quarterly dividend of $0.09 per share.

V.F. Corporation (NYSE:VFC - Free Report) - Zacks Research raised their Q3 2027 EPS estimates for shares of V.F. in a research report issued on Wednesday, September 9th. Zacks Research analyst Team now forecasts that the textile maker will post earnings of $0.68 per share for the quarter, up from their previous estimate of $0.66. Zacks Research currently has a "Hold" rating on the stock. The consensus estimate for V.F.'s current full-year earnings is $1.07 per share. Zacks Research also issued estimates for V.F.'s Q4 2027 earnings at $0.15 EPS.

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 net margin of 2.88% and a return on equity of 18.91%. The company had revenue of $1.67 billion during the quarter, compared to analysts' expectations of $1.64 billion. During the same period last year, the business earned ($0.24) earnings per share. The company's quarterly revenue was down 5.2% on a year-over-year basis.

A number of other analysts have also recently commented on the company. Stifel Nicolaus cut their target price on V.F. from $19.00 to $17.00 and set a "hold" rating on the stock in a research report on Thursday, July 30th. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of V.F. in a research report on Tuesday, September 1st. Evercore set a $16.00 price objective on V.F. in a research note on Thursday, July 30th. Telsey Advisory Group decreased their price objective on V.F. from $20.00 to $17.00 and set a "market perform" rating for the company in a report on Thursday, July 30th. Finally, Wells Fargo & Company lowered their target price on shares of V.F. from $18.00 to $16.00 and set an "equal weight" rating on the stock in a research report on Thursday, July 30th. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $18.21.

V.F. Stock Performance

NYSE VFC opened at $12.90 on Thursday. The company has a fifty day moving average of $15.20 and a two-hundred day moving average of $16.84. The company has a market capitalization of $5.07 billion, a PE ratio of 18.70, a P/E/G ratio of 0.95 and a beta of 1.57. V.F. has a 1 year low of $12.88 and a 1 year high of $22.27. The company has a debt-to-equity ratio of 1.70, a current ratio of 1.43 and a quick ratio of 0.78.

V.F. Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, September 10th will be given a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 2.8%. The ex-dividend date is Thursday, September 10th. V.F.'s payout ratio is 52.17%.

Insider Activity at V.F.

In related news, insider Bracken Darrell acquired 32,894 shares of V.F. stock in a transaction on Friday, July 31st. The stock was purchased at an average cost of $14.98 per share, with a total value of $492,752.12. Following the purchase, 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 ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Richard Carucci bought 20,000 shares of the stock in a transaction on Thursday, August 13th. The stock was bought at an average price of $14.73 per share, for a total transaction of $294,600.00. Following the completion of the purchase, the director directly owned 356,215 shares in the company, valued at approximately $5,247,046.95. The trade was a 5.95% increase in their position. The SEC filing for this purchase provides additional information. 1.54% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On V.F.

A number of hedge funds and other institutional investors have recently bought and sold shares of VFC. California State Teachers Retirement System raised its stake in V.F. by 1,573.0% during the second quarter. California State Teachers Retirement System now owns 6,423,735 shares of the textile maker's stock worth $107,148,000 after purchasing an additional 6,039,772 shares during the period. Bank of New York Mellon Corp purchased a new stake in shares of V.F. during the 2nd quarter valued at $42,038,000. Squarepoint Ops LLC increased its holdings in shares of V.F. by 298.1% during the 2nd quarter. Squarepoint Ops LLC now owns 1,782,904 shares of the textile maker's stock worth $29,739,000 after buying an additional 1,335,057 shares during the last quarter. Varenne Capital Partners purchased a new position in shares of V.F. in the 2nd quarter worth $13,671,000. Finally, Madison Asset Management LLC purchased a new position in shares of V.F. in the 2nd quarter worth $3,913,000. 86.84% of the stock is currently owned by hedge funds and other institutional investors.

V.F. Company Profile

VF Corporation, commonly branded as VF, is a global apparel and footwear company that develops, markets and distributes a diverse portfolio of consumer brands. Its offerings span outdoor and action sports apparel, footwear and accessories under marquee names such as The North Face, Vans, Timberland, Dickies, JanSport and Smartwool. Through a “house of brands” strategy, VF leverages the unique heritage and design expertise of each label to serve distinct lifestyle and performance segments.

Founded in 1899 in Pennsylvania as the Reading Glove and Mitten Manufacturing Company, VF evolved through a series of acquisitions and strategic expansions to become a leading player in the global apparel industry.

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