V.F. Corporation (NYSE:VFC - Get Free Report)'s stock price dropped 3.9% on Wednesday . The company traded as low as $14.04 and last traded at $13.96. Approximately 1,419,593 shares traded hands during trading, a decline of 83% from the average daily volume of 8,548,417 shares. The stock had previously closed at $14.52.
Analyst Ratings Changes
VFC has been the subject of several analyst reports. The Goldman Sachs Group raised their target price on V.F. from $12.00 to $13.50 and gave the stock a "neutral" rating in a research note on Monday. Barclays boosted their price objective on shares of V.F. from $16.00 to $19.00 and gave the stock an "overweight" rating in a report on Tuesday, September 9th. BNP Paribas Exane downgraded shares of V.F. from a "neutral" rating to an "underperform" rating in a research note on Thursday, July 31st. Needham & Company LLC raised their price target on V.F. from $15.00 to $19.00 and gave the stock a "buy" rating in a research note on Wednesday, July 30th. Finally, BNP Paribas downgraded shares of V.F. from a "neutral" rating to an "underperform" rating and dropped their price objective for the stock from $11.00 to $10.00 in a report on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, thirteen have given a Hold rating and three have assigned a Sell rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $16.75.
Check Out Our Latest Stock Report on V.F.
V.F. Trading Down 3.5%
The company's fifty day moving average is $14.01 and its 200-day moving average is $13.09. The company has a debt-to-equity ratio of 2.76, a current ratio of 1.27 and a quick ratio of 0.65. The company has a market capitalization of $5.47 billion, a PE ratio of -107.81, a price-to-earnings-growth ratio of 2.05 and a beta of 1.76.
V.F. (NYSE:VFC - Get Free Report) last released its quarterly 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. 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 business's revenue for the quarter was down 7.3% on a year-over-year basis. During the same period in the previous year, the company earned ($0.33) earnings per share. V.F. has set its Q2 2026 guidance at EPS. On average, analysts anticipate that V.F. Corporation will post 0.73 EPS for the current fiscal year.
V.F. Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 18th. Shareholders of record on Wednesday, September 10th were issued a $0.09 dividend. The ex-dividend date was Wednesday, September 10th. This represents a $0.36 dividend on an annualized basis and a yield of 2.6%. V.F.'s dividend payout ratio (DPR) is presently -276.92%.
Hedge Funds Weigh In On V.F.
Institutional investors have recently added to or reduced their stakes in the stock. Rexford Capital Inc. purchased a new stake in shares of V.F. during the 2nd quarter valued at approximately $48,000. Farther Finance Advisors LLC raised its holdings in shares of V.F. by 94.8% in the 2nd quarter. Farther Finance Advisors LLC now owns 4,975 shares of the textile maker's stock valued at $58,000 after buying an additional 2,421 shares during the period. Global Wealth Strategies & Associates purchased a new stake in V.F. during the 3rd quarter worth approximately $82,000. 1620 Investment Advisors Inc. increased its stake in V.F. by 5.7% during the 3rd quarter. 1620 Investment Advisors Inc. now owns 21,903 shares of the textile maker's stock worth $316,000 after buying an additional 1,172 shares during the period. Finally, SG Americas Securities LLC purchased a new stake in shares of V.F. during the first quarter worth $350,000. Hedge funds and other institutional investors own 86.84% of the company's stock.
About V.F.
(
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.
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