V.F. (NYSE:VFC) Price Target Raised to $13.50 at The Goldman Sachs Group

Key Points

• The Goldman Sachs Group has raised V.F. Corporation's price target from $12.00 to $13.50, indicating a potential downside of 9.49% from its current price.
• V.F.'s stock has seen varied ratings, with one Strong Buy, seven Buy, thirteen Hold, and three Sell ratings, resulting in an average target price of $16.81.
• In its most recent quarter, V.F. reported an EPS of (0.24), outperforming analyst expectations, though its revenue decreased 7.3% year-over-year.

V.F. (NYSE:VFC - Get Free Report) had its price target raised by investment analysts at The Goldman Sachs Group from $12.00 to $13.50 in a note issued to investors on Monday,Benzinga reports. The brokerage currently has a "neutral" rating on the textile maker's stock. The Goldman Sachs Group's price target would suggest a potential downside of 9.49% from the company's current price.

Several other equities analysts have also recently weighed in on VFC. Zacks Research raised shares of V.F. from a "strong sell" rating to a "hold" rating in a research note on Tuesday, August 26th. Robert W. Baird raised shares of V.F. from a "neutral" rating to an "outperform" rating and raised their target price for the company from $14.00 to $20.00 in a research report on Tuesday, August 26th. Stifel Nicolaus cut shares of V.F. from a "buy" rating to a "hold" rating and boosted their price target for the stock from $15.00 to $16.00 in a research report on Tuesday, September 16th. KGI Securities initiated coverage on shares of V.F. in a research note on Thursday, July 31st. They set an "outperform" rating and a $14.80 price objective for the company. Finally, Weiss Ratings reaffirmed a "sell (d)" rating on shares of V.F. in a research report on Saturday, September 27th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, thirteen have assigned a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and an average target price of $16.81.

V.F. Stock Down 1.8%

VFC stock traded down $0.28 during mid-day trading on Monday, hitting $14.92. 2,318,262 shares of the company were exchanged, compared to its average volume of 8,581,150. The company has a debt-to-equity ratio of 2.76, a quick ratio of 0.65 and a current ratio of 1.27. V.F. has a 1-year low of $9.41 and a 1-year high of $29.02. The firm's 50 day simple moving average is $13.93 and its 200 day simple moving average is $13.09. The firm has a market cap of $5.83 billion, a P/E ratio of -114.73, a P/E/G ratio of 2.15 and a beta of 1.76.

V.F. (NYSE:VFC - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The textile maker reported ($0.24) EPS for the quarter, topping analysts' consensus estimates of ($0.35) by $0.11. The business had revenue of $1.76 billion for the quarter, compared to analyst estimates of $1.70 billion. V.F. had a negative net margin of 0.50% and a positive return on equity of 22.77%. The firm's quarterly revenue was down 7.3% on a year-over-year basis. During the same period last year, the business posted ($0.33) earnings per share. V.F. has set its Q2 2026 guidance at EPS. On average, sell-side analysts predict that V.F. will post 0.73 EPS for the current fiscal year.

Hedge Funds Weigh In On V.F.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. GAMMA Investing LLC boosted its holdings in shares of V.F. by 1,355.2% during the 1st quarter. GAMMA Investing LLC now owns 404,405 shares of the textile maker's stock worth $6,276,000 after buying an additional 376,615 shares during the period. Rhumbline Advisers grew its position in shares of V.F. by 11.0% in the first quarter. Rhumbline Advisers now owns 928,753 shares of the textile maker's stock valued at $14,414,000 after purchasing an additional 92,174 shares during the last quarter. SG Americas Securities LLC acquired a new stake in V.F. during the 1st quarter worth approximately $350,000. Amalgamated Bank boosted its stake in V.F. by 46.2% in 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 period. Finally, Entropy Technologies LP acquired a new position in V.F. in the 1st quarter valued at $749,000. 86.84% of the stock is owned by institutional investors.

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.

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