V.F. - VFC Stock Forecast, Price & News

V.F. Corporation, together with its subsidiaries, engages in the design, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and related products for men, women, and children in the Americas, Europe, and the Asia-Pacific. It operates through three segments: Outdoor, Active, and Work. The company offers outdoor, merino wool and other natural fibers-based, lifestyle, and casual apparel; footwear; equipment; accessories; outdoor-inspired, performance-based, youth culture/action sports-inspired, streetwear, and protective work footwear; handbags, luggage, backpacks, and totes; and work and work-inspired lifestyle apparel and footwear. It provides its products under the North Face, Timberland, Smartwool, Icebreaker, Altra, Vans, Supreme, Kipling, Napapijri, Eastpak, JanSport, Dickies, and Timberland PRO brand names. The company sells its products primarily to specialty stores, department stores, national chains, and mass merchants, as well as sells through direct-to-consumer operations, including retail stores, concession retail stores, and e-commerce sites, and other digital platforms. V.F. Corporation was founded in 1899 and is headquartered in Denver, Colorado.

V.F. Stock Performance

Shares of VFC traded down $1.13 during mid-day trading on Friday, reaching $45.50. The company's stock had a trading volume of 22,752 shares, compared to its average volume of 3,293,934. V.F. has a 1-year low of $43.08 and a 1-year high of $78.91. The stock has a market cap of $17.68 billion, a P/E ratio of 17.71, a PEG ratio of 2.13 and a beta of 1.35. The business has a 50-day simple moving average of $46.01 and a two-hundred day simple moving average of $51.62. The company has a current ratio of 1.33, a quick ratio of 0.66 and a debt-to-equity ratio of 1.33.

V.F. (NYSE:VFC - Get Rating) last posted its quarterly earnings data on Thursday, May 19th. The textile maker reported $0.45 EPS for the quarter, hitting analysts' consensus estimates of $0.45. V.F. had a return on equity of 33.20% and a net margin of 8.45%. The firm had revenue of $2.82 billion for the quarter, compared to analyst estimates of $2.83 billion. During the same quarter last year, the company earned $0.27 EPS. The company's revenue was up 9.4% on a year-over-year basis. As a group, equities research analysts anticipate that V.F. will post 3.09 earnings per share for the current fiscal year.

V.F. Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 20th. Stockholders of record on Monday, September 12th will be paid a $0.50 dividend. The ex-dividend date is Friday, September 9th. This represents a $2.00 annualized dividend and a dividend yield of 4.40%. V.F.'s payout ratio is 77.82%.

Analyst Upgrades and Downgrades

VFC has been the topic of a number of research reports. Stifel Nicolaus boosted their price objective on V.F. from $42.00 to $43.00 in a research report on Wednesday, July 20th. UBS Group reduced their price objective on V.F. from $65.00 to $55.00 in a research note on Friday, May 13th. Deutsche Bank Aktiengesellschaft reduced their price objective on V.F. from $59.00 to $56.00 and set a "buy" rating on the stock in a research note on Monday, August 1st. BTIG Research reduced their price objective on V.F. from $67.00 to $60.00 in a research note on Friday, July 29th. Finally, Robert W. Baird cut their price target on V.F. from $80.00 to $60.00 and set an "outperform" rating on the stock in a research note on Friday, May 20th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $59.06.

Insider Activity at V.F.

In other V.F. news, Director Richard Carucci acquired 10,000 shares of the company's stock in a transaction dated Tuesday, June 14th. The shares were bought at an average cost of $45.39 per share, with a total value of $453,900.00. Following the purchase, the director now directly owns 107,493 shares of the company's stock, valued at $4,879,107.27. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other V.F. news, CFO Matthew H. Puckett sold 677 shares of the business's stock in a transaction that occurred on Friday, May 27th. The stock was sold at an average price of $49.87, for a total transaction of $33,761.99. Following the completion of the sale, the chief financial officer now directly owns 44,691 shares of the company's stock, valued at approximately $2,228,740.17. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Richard Carucci acquired 10,000 shares of the firm's stock in a transaction on Tuesday, June 14th. The shares were bought at an average cost of $45.39 per share, with a total value of $453,900.00. Following the completion of the acquisition, the director now directly owns 107,493 shares in the company, valued at approximately $4,879,107.27. The disclosure for this purchase can be found here. Insiders have bought a total of 22,000 shares of company stock valued at $1,008,630 in the last 90 days. 0.90% of the stock is owned by corporate insiders.