V.F.'s (VFC) "Market Perform" Rating Reaffirmed at Telsey Advisory Group

Key Points

• V.F. (NYSE:VFC) has maintained a "market perform" rating by Telsey Advisory Group with a price target of $14.00, indicating a potential upside of 2.91% from its previous close.
• The stock surged 9.7% during trading, reaching $13.60, however, it has seen a decrease in quarterly revenue, down 7.3% year-over-year.
• Institutional investors own approximately 86.84% of V.F.'s shares, reflecting strong interest in the company as several large investors have recently increased their stakes.

V.F. (NYSE:VFC - Get Free Report)'s stock had its "market perform" rating reaffirmed by stock analysts at Telsey Advisory Group in a report released on Wednesday,Benzinga reports. They presently have a $14.00 price objective on the textile maker's stock. Telsey Advisory Group's target price points to a potential upside of 19.31% from the company's previous close. Telsey Advisory Group also issued estimates for V.F.'s Q3 2026 earnings at $0.63 EPS, FY2026 earnings at $0.80 EPS, Q1 2027 earnings at ($0.15) EPS, Q2 2027 earnings at $0.54 EPS, Q3 2027 earnings at $0.64 EPS, Q4 2027 earnings at $0.04 EPS and FY2027 earnings at $1.07 EPS.

Other equities research analysts also recently issued reports about the company. Truist Financial decreased their price objective on V.F. from $24.00 to $13.00 and set a "hold" rating on the stock in a research report on Thursday, May 22nd. Barclays set a $16.00 price objective on V.F. and gave the company an "overweight" rating in a research report on Thursday, May 22nd. BMO Capital Markets set a $15.00 price objective on V.F. and gave the company a "market perform" rating in a research report on Thursday, May 22nd. Needham & Company LLC upped their target price on V.F. from $15.00 to $19.00 and gave the company a "buy" rating in a research note on Wednesday. Finally, Robert W. Baird cut their target price on V.F. from $17.00 to $14.00 and set a "neutral" rating on the stock in a research note on Thursday, May 22nd. Two investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $16.04.

V.F. Price Performance

Shares of VFC stock traded up $0.01 during trading hours on Wednesday, hitting $11.73. The stock had a trading volume of 5,126,184 shares, compared to its average volume of 8,770,431. V.F. has a one year low of $9.41 and a one year high of $29.02. The company has a debt-to-equity ratio of 2.76, a current ratio of 1.27 and a quick ratio of 0.80. The stock's 50-day moving average price is $12.35 and its two-hundred day moving average price is $16.11. The stock has a market capitalization of $4.57 billion, a price-to-earnings ratio of -90.04, a PEG ratio of 1.45 and a beta of 1.66.

V.F. (NYSE:VFC - Get Free Report) last issued its earnings results on Wednesday, July 30th. The textile maker reported ($0.24) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.35) by $0.11. V.F. had a positive return on equity of 22.77% and a negative net margin of 0.50%. The firm had revenue of $1.76 billion for the quarter, compared to analysts' expectations of $1.70 billion. During the same period in the previous year, the firm posted ($0.33) earnings per share. The business's revenue was down 7.3% compared to the same quarter last year. Equities analysts forecast that V.F. will post 0.73 EPS for the current year.

Insiders Place Their Bets

In related news, Director Richard Carucci bought 50,000 shares of the stock in a transaction on Friday, May 23rd. The stock was bought at an average price of $12.05 per share, for a total transaction of $602,500.00. Following the completion of the acquisition, the director directly owned 280,282 shares in the company, valued at approximately $3,377,398.10. This represents a 21.71% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Abhishek Dalmia bought 50,000 shares of the stock in a transaction on Friday, May 23rd. The shares were bought at an average price of $11.78 per share, with a total value of $589,000.00. Following the acquisition, the executive vice president owned 380,614 shares of the company's stock, valued at $4,483,632.92. This trade represents a 15.12% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders purchased a total of 185,840 shares of company stock worth $2,198,403 over the last 90 days. Company insiders own 1.10% of the company's stock.

Institutional Trading of V.F.

A number of hedge funds have recently bought and sold shares of the stock. Farther Finance Advisors LLC lifted its holdings in V.F. by 94.8% during the second quarter. Farther Finance Advisors LLC now owns 4,975 shares of the textile maker's stock worth $58,000 after buying an additional 2,421 shares during the period. Fiduciary Alliance LLC lifted its holdings in shares of V.F. by 61.1% during the 2nd quarter. Fiduciary Alliance LLC now owns 481,091 shares of the textile maker's stock valued at $5,653,000 after purchasing an additional 182,495 shares during the last quarter. Russell Investments Group Ltd. lifted its holdings in shares of V.F. by 11.1% during the 1st quarter. Russell Investments Group Ltd. now owns 277,442 shares of the textile maker's stock valued at $4,306,000 after purchasing an additional 27,727 shares during the last quarter. Entropy Technologies LP purchased a new stake in shares of V.F. during the 1st quarter valued at $749,000. Finally, Amalgamated Bank lifted its holdings in shares of V.F. by 46.2% during the 1st quarter. Amalgamated Bank now owns 152,410 shares of the textile maker's stock valued at $2,365,000 after purchasing an additional 48,151 shares during the last quarter. Hedge funds and other institutional investors own 86.84% of the company's stock.

V.F. 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.