Zacks Research Issues Pessimistic Estimate for V.F. Earnings

Key Points

• Zacks Research lowered its V.F. earnings forecast for Q2 2027 to $0.51 per share from $0.54 and maintains a “Hold” rating. Its projections imply FY2027 EPS of $1.04, below the current-year consensus estimate of $1.07.
• V.F.’s latest quarterly results missed expectations, with EPS of negative $0.27 versus the expected negative $0.22, while revenue reached $1.67 billion and declined 5.2% year over year.
• The stock opened at $14.59, below the analyst consensus price target of $18.21; the company also declared a quarterly dividend of $0.09, representing a 2.5% annualized yield.

V.F. Corporation (NYSE:VFC - Free Report) - Equities researchers at Zacks Research decreased their Q2 2027 earnings per share estimates for shares of V.F. in a report released on Wednesday, August 12th. Zacks Research analyst Team now expects that the textile maker will earn $0.51 per share for the quarter, down from their previous forecast of $0.54. Zacks Research currently has a "Hold" rating on the stock. The consensus estimate for V.F.'s current full-year earnings is $1.07 per share. Zacks Research also issued estimates for V.F.'s Q3 2027 earnings at $0.66 EPS, Q4 2027 earnings at $0.13 EPS, FY2027 earnings at $1.04 EPS, Q2 2028 earnings at $0.60 EPS, Q3 2028 earnings at $0.82 EPS, FY2028 earnings at $1.36 EPS and FY2029 earnings at $2.02 EPS.

A number of other research firms have also recently commented on VFC. Telsey Advisory Group cut their target price on shares of V.F. from $20.00 to $17.00 and set a "market perform" rating for the company in a research note on Thursday, July 30th. Citigroup began coverage on shares of V.F. in a research note on Thursday, May 21st. They issued a "neutral" rating and a $18.00 price target on the stock. Williams Trading set a $19.00 price objective on V.F. in a report on Sunday, May 17th. BTIG Research reiterated a "buy" rating on shares of V.F. in a research note on Friday, July 24th. Finally, Stifel Nicolaus reduced their target price on V.F. from $19.00 to $17.00 and set a "hold" rating for the company in a report on Thursday, July 30th. Two equities research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, V.F. presently has a consensus rating of "Hold" and a consensus price target of $18.21.

V.F. Stock Performance

NYSE:VFC opened at $14.59 on Thursday. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.78 and a current ratio of 1.43. The stock has a market capitalization of $5.74 billion, a PE ratio of 21.15, a P/E/G ratio of 1.06 and a beta of 1.57. V.F. has a fifty-two week low of $12.28 and a fifty-two week high of $22.27. The company has a fifty day moving average of $16.49 and a two-hundred day moving average of $17.76.

V.F. (NYSE:VFC - Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The textile maker reported ($0.27) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.22) by ($0.05). The company had revenue of $1.67 billion during the quarter, compared to analyst estimates of $1.64 billion. V.F. had a net margin of 2.88% and a return on equity of 18.91%. V.F.'s revenue was down 5.2% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.24) EPS.

Institutional Investors Weigh In On V.F.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Madison Asset Management LLC purchased a new position in V.F. during the second quarter worth approximately $3,913,000. Bank of New York Mellon Corp acquired a new stake in shares of V.F. in the 2nd quarter worth $42,038,000. Handelsbanken Fonder AB raised its holdings in shares of V.F. by 3.7% during the 2nd quarter. Handelsbanken Fonder AB now owns 116,200 shares of the textile maker's stock worth $1,938,000 after acquiring an additional 4,200 shares during the period. Versant Capital Management Inc raised its holdings in shares of V.F. by 213.7% during the 2nd quarter. Versant Capital Management Inc now owns 8,078 shares of the textile maker's stock worth $135,000 after acquiring an additional 5,503 shares during the period. Finally, Essential Partners LLC boosted its position in shares of V.F. by 14.3% during the 1st quarter. Essential Partners LLC now owns 54,167 shares of the textile maker's stock valued at $920,000 after acquiring an additional 6,777 shares during the last quarter. Institutional investors and hedge funds own 86.84% of the company's stock.

Insider Activity

In other V.F. news, Director Richard Carucci purchased 30,000 shares of the stock in a transaction that occurred on Tuesday, June 9th. The shares were purchased at an average cost of $17.17 per share, for a total transaction of $515,100.00. Following the completion of the transaction, the director owned 336,043 shares of the company's stock, valued at $5,769,858.31. The trade was a 9.80% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Bracken Darrell acquired 32,894 shares of the company's stock in a transaction that occurred on Friday, July 31st. The shares were acquired at an average cost of $14.98 per share, with a total value of $492,752.12. Following the purchase, the insider owned 1,402,109 shares in the company, valued at $21,003,592.82. This represents a 2.40% increase in their position. The disclosure for this purchase is available in the SEC filing. Company insiders own 1.54% of the company's stock.

V.F. Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 10th will be paid a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Thursday, September 10th. V.F.'s dividend payout ratio (DPR) is currently 52.17%.

Key V.F. News

Here are the key news stories impacting V.F. this week:

• Positive Sentiment: Zacks raised its EPS forecasts for V.F.’s Q3 2027 from $0.62 to $0.66, Q4 2027 from $0.10 to $0.13, Q3 2028 from $0.81 to $0.82, and FY2028 from $1.35 to $1.36.
• Neutral Sentiment: Zacks kept its Hold rating and projects EPS of $1.04 for FY2027, $1.36 for FY2028, and $2.02 for FY2029. The current-year consensus estimate remains $1.07 per share.
• Negative Sentiment: Zacks lowered its EPS forecasts for Q2 2027 from $0.54 to $0.51, Q2 2028 from $0.62 to $0.60, FY2027 from $1.05 to $1.04, and FY2029 from $2.05 to $2.02. These cuts suggest analysts remain cautious about the pace of V.F.’s recovery.

About V.F.

VF Corporation, commonly branded as VF, is a global apparel and footwear company that develops, markets and distributes a diverse portfolio of consumer brands. Its offerings span outdoor and action sports apparel, footwear and accessories under marquee names such as The North Face, Vans, Timberland, Dickies, JanSport and Smartwool. Through a “house of brands” strategy, VF leverages the unique heritage and design expertise of each label to serve distinct lifestyle and performance segments.

Founded in 1899 in Pennsylvania as the Reading Glove and Mitten Manufacturing Company, VF evolved through a series of acquisitions and strategic expansions to become a leading player in the global apparel industry.

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