V.F. (NYSE:VFC) Shares Gap Down Following Analyst Downgrade

Key Points

• V.F. Corporation's stock gapped down from a previous closing price of $14.71 to open at $14.35 following a downgrade by Stifel Nicolaus from a "buy" to a "hold" rating.
• The stock has seen a range of analyst ratings recently, with one Strong Buy, several Buy ratings, and an average price target of $16.73.
• Despite a recent drop of 5.0% in shares, V.F. reported better than expected earnings, with a loss per share of ($0.24) against an expected ($0.35), and revenue of $1.76 billion.

V.F. Corporation (NYSE:VFC - Get Free Report) shares gapped down before the market opened on Tuesday after Stifel Nicolaus downgraded the stock from a buy rating to a hold rating. The stock had previously closed at $14.71, but opened at $14.35. Stifel Nicolaus now has a $16.00 price target on the stock. V.F. shares last traded at $13.90, with a volume of 1,688,326 shares.

Other research analysts have also recently issued research reports about the stock. KGI Securities started coverage on shares of V.F. in a research note on Thursday, July 31st. They set an "outperform" rating and a $14.80 price target for the company. Telsey Advisory Group reissued a "market perform" rating and issued a $14.00 target price on shares of V.F. in a report on Wednesday, July 30th. Truist Financial reduced their target price on V.F. from $24.00 to $13.00 and set a "hold" rating on the stock in a report on Thursday, May 22nd. Baird R W raised V.F. from a "hold" rating to a "strong-buy" rating in a report on Tuesday, August 26th. Finally, Robert W. Baird raised V.F. from a "neutral" rating to an "outperform" rating and boosted their target price for the stock from $14.00 to $20.00 in a report on Tuesday, August 26th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $16.73.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of VFC. GAMMA Investing LLC raised its position in V.F. by 1,355.2% in the 1st quarter. GAMMA Investing LLC now owns 404,405 shares of the textile maker's stock worth $6,276,000 after purchasing an additional 376,615 shares during the last quarter. Rhumbline Advisers raised its position in shares of V.F. by 11.0% during the 1st quarter. Rhumbline Advisers now owns 928,753 shares of the textile maker's stock valued at $14,414,000 after acquiring an additional 92,174 shares during the last quarter. Fiduciary Alliance LLC raised its position in shares of V.F. by 16.4% during the 1st quarter. Fiduciary Alliance LLC now owns 298,596 shares of the textile maker's stock valued at $4,634,000 after acquiring an additional 42,065 shares during the last quarter. SG Americas Securities LLC bought a new stake in shares of V.F. during the 1st quarter valued at $350,000. Finally, Amalgamated Bank raised its position 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 acquiring an additional 48,151 shares during the last quarter. Institutional investors own 86.84% of the company's stock.

V.F. Stock Down 5.0%

The firm's 50-day simple moving average is $13.29 and its 200 day simple moving average is $13.46. The company has a market cap of $5.46 billion, a P/E ratio of -107.50, a PEG ratio of 2.10 and a beta of 1.69. 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. (NYSE:VFC - Get Free Report) last issued its earnings results on Wednesday, July 30th. The textile maker reported ($0.24) EPS for the quarter, beating the consensus estimate of ($0.35) by $0.11. The company had revenue of $1.76 billion during the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.33) EPS. V.F. has set its Q2 2026 guidance at EPS. On average, research analysts forecast that V.F. Corporation will post 0.73 earnings per share for the current fiscal year.

V.F. Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 18th. Shareholders of record on Wednesday, September 10th will be given a dividend of $0.09 per share. The ex-dividend date is Wednesday, September 10th. This represents a $0.36 annualized dividend and a dividend yield of 2.6%. V.F.'s payout ratio is presently -276.92%.

About V.F.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.