VF Corporation (NYSE:VFC - Free Report) - Equities researchers at Seaport Res Ptn issued their FY2028 earnings estimates for shares of VF in a report issued on Thursday, May 15th. Seaport Res Ptn analyst M. Kummetz forecasts that the textile maker will post earnings per share of $1.54 for the year. The consensus estimate for VF's current full-year earnings is $0.73 per share.
A number of other brokerages have also commented on VFC. Robert W. Baird lowered their price target on VF from $17.00 to $14.00 and set a "neutral" rating on the stock in a report on Thursday. Telsey Advisory Group reiterated a "market perform" rating and issued a $17.00 target price on shares of VF in a research report on Wednesday. Stifel Nicolaus dropped their price target on shares of VF from $28.00 to $15.00 and set a "buy" rating on the stock in a research report on Thursday. Barclays reduced their price target on shares of VF from $19.00 to $16.00 and set an "overweight" rating for the company in a research note on Thursday. Finally, Wells Fargo & Company lowered their price target on VF from $13.00 to $12.00 and set an "equal weight" rating on the stock in a research report on Thursday. One analyst has rated the stock with a sell rating, fifteen have issued a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $16.10.
Get Our Latest Report on VFC
VF Stock Performance
VFC stock traded up $0.03 during trading on Monday, reaching $12.18. 13,982,546 shares of the company's stock were exchanged, compared to its average volume of 8,023,881. VF has a 1-year low of $9.41 and a 1-year high of $29.02. The firm 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 company's fifty day moving average price is $13.21 and its 200-day moving average price is $19.18. The company has a quick ratio of 1.00, a current ratio of 1.56 and a debt-to-equity ratio of 2.31.
VF (NYSE:VFC - Get Free Report) last issued its quarterly earnings data on Wednesday, May 21st. The textile maker reported ($0.13) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.14) by $0.01. VF had a positive return on equity of 14.86% and a negative net margin of 4.63%. The business had revenue of $2.14 billion during the quarter, compared to the consensus estimate of $2.17 billion. During the same period in the previous year, the firm posted ($0.32) earnings per share. The business's revenue was down 4.6% on a year-over-year basis.
Hedge Funds Weigh In On VF
A number of large investors have recently made changes to their positions in VFC. GAMMA Investing LLC grew its holdings in shares of VF by 1,355.2% during the 1st quarter. GAMMA Investing LLC now owns 404,405 shares of the textile maker's stock valued at $6,276,000 after acquiring an additional 376,615 shares in the last quarter. Segall Bryant & Hamill LLC grew its stake in VF by 5.8% in the fourth quarter. Segall Bryant & Hamill LLC now owns 3,874,781 shares of the textile maker's stock valued at $83,153,000 after purchasing an additional 211,440 shares in the last quarter. Rhumbline Advisers increased its position in VF by 11.0% in the 1st quarter. Rhumbline Advisers now owns 928,753 shares of the textile maker's stock worth $14,414,000 after purchasing an additional 92,174 shares during the last quarter. TB Alternative Assets Ltd. acquired a new position in VF in the 4th quarter worth about $1,878,000. Finally, Entropy Technologies LP purchased a new stake in shares of VF during the 1st quarter worth about $749,000. Institutional investors and hedge funds own 86.84% of the company's stock.
VF Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Tuesday, June 10th will be paid a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 2.96%. The ex-dividend date of this dividend is Tuesday, June 10th. VF's dividend payout ratio is currently -30.25%.
About VF
(
Get Free Report)
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.
Featured Stories
Before you consider VF, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and VF wasn't on the list.
While VF currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
