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. Price Performance

Shares of NYSE:VFC traded down $0.09 during midday trading on Monday, reaching $45.58. The company's stock had a trading volume of 2,444,989 shares, compared to its average volume of 3,426,856. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.66 and a current ratio of 1.33. V.F. has a fifty-two week low of $43.08 and a fifty-two week high of $81.70. The business's 50 day moving average price is $46.52 and its two-hundred day moving average price is $52.50. The company has a market cap of $17.71 billion, a P/E ratio of 17.74, a P/E/G ratio of 2.06 and a beta of 1.35.

V.F. (NYSE:VFC - Get Rating) last announced its quarterly earnings data on Thursday, May 19th. The textile maker reported $0.45 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.45. The business had revenue of $2.82 billion for the quarter, compared to analysts' expectations of $2.83 billion. V.F. had a net margin of 8.45% and a return on equity of 33.20%. The firm's quarterly revenue was up 9.4% compared to the same quarter last year. During the same period last year, the firm posted $0.27 earnings per share. On average, analysts forecast that V.F. will post 3.09 EPS for the current fiscal year.

V.F. Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 20th. Investors 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 dividend on an annualized basis and a yield of 4.39%. V.F.'s dividend payout ratio (DPR) is 77.82%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on VFC shares. Credit Suisse Group cut their target price on shares of V.F. from $81.00 to $61.00 and set an "outperform" rating for the company in a research note on Friday, May 20th. UBS Group cut their target price on shares of V.F. from $65.00 to $55.00 in a research note on Friday, May 13th. Wedbush cut their target price on shares of V.F. from $61.00 to $50.00 and set a "neutral" rating for the company in a research note on Friday, May 20th. Cowen cut their target price on shares of V.F. to $59.00 in a research note on Monday, July 25th. Finally, Barclays cut their target price on shares of V.F. from $48.00 to $46.00 and set an "equal weight" rating for the company in a research note on Monday, August 1st. Three investment analysts have rated the stock with a sell rating, eleven have given a hold rating and nine have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $59.06.

Insider Activity at V.F.

In related news, CFO Matthew H. Puckett sold 677 shares of V.F. stock in a transaction that occurred on Friday, May 27th. The shares were sold at an average price of $49.87, for a total value of $33,761.99. Following the transaction, the chief financial officer now directly owns 44,691 shares of the company's stock, valued at $2,228,740.17. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other V.F. news, CFO Matthew H. Puckett sold 677 shares of the business's stock in a transaction on Friday, May 27th. The shares were sold at an average price of $49.87, for a total transaction of $33,761.99. Following the sale, the chief financial officer now owns 44,691 shares of the company's stock, valued at $2,228,740.17. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director W Rodney Mcmullen bought 6,000 shares of the firm's stock in a transaction on Wednesday, August 3rd. The shares were bought at an average cost of $44.76 per share, for a total transaction of $268,560.00. Following the purchase, the director now owns 34,146 shares of the company's stock, valued at approximately $1,528,374.96. The disclosure for this purchase can be found here. Insiders have bought 22,000 shares of company stock valued at $1,008,630 over the last three months. 0.90% of the stock is owned by insiders.