NYSE:VFC

V.F. (VFC) Stock Forecast, Price & News

$17.02

-0.20 (-1.16%)

(As of 06/1/2023 ET)

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Today's Range: $16.77
▼
$17.32
50-Day Range: $17.22
▼
$23.51
52-Week Range: $16.77
▼
$51.38

Volume: 7.47 million shs
Average Volume: 7.87 million shs
Market Capitalization: $6.62 billion

P/E Ratio: 54.90
Dividend Yield: 7.05%
Price Target: $28.42

V.F. MarketRank™ Forecast

Analyst Rating: Hold
2.29 Rating Score
Upside/Downside: 67.0% Upside
$28.42 Price Target
Short Interest: Healthy
4.89% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -3.64
Upright™ Environmental Score
News Sentiment: -0.05
Based on 40 Articles This Week
Insider Trading: Acquiring Shares
$149,787 Bought Last Quarter
Proj. Earnings Growth: 18.87%
From $2.12 to $2.52 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.85 out of 5 stars

Consumer Discretionary Sector

45th out of 546 stocks

Mens' & Boy's Furnishings, Work Clothing, & Allied Garments Industry

1st out of 12 stocks

4.1

Analyst's Opinion

Consensus Rating
V.F. has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 8 buy ratings, 11 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $28.42, V.F. has a forecasted upside of 67.0% from its current price of $17.02.
Amount of Analyst Coverage
V.F. has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
4.89% of the float of V.F. has been sold short.
Short Interest Ratio / Days to Cover
V.F. has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in V.F. has recently increased by 7.56%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Leadership
V.F. is a leading dividend payer. It pays a dividend yield of 6.83%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
V.F. does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of V.F. is 387.11%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, V.F. will have a dividend payout ratio of 47.62% next year. This indicates that V.F. will be able to sustain or increase its dividend.

1.2

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
V.F. has received a -39.93% net impact score from Upright. The largest negative impact of VF Corporation in category "GHG emissions" seems to be driven mostly by its "Synthetic fibre jackets and coats", "Synthetic fibre bras", "Men's synthetic fibre boxers and briefs", "Women's synthetic fibre panties", "Cotton bras", and "Men's cotton boxers and briefs" products. See details.
Environmental Sustainability
The Environmental Impact score for V.F. is -3.64.

1.1

News and Social Media Coverage

News Sentiment
V.F. has a news sentiment score of -0.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 40 news articles for V.F. this week, compared to 10 articles on an average week.
Search Interest
Only 87 people have searched for VFC on MarketBeat in the last 30 days. This is a decrease of -3% compared to the previous 30 days.
MarketBeat Follows
Only 18 people have added V.F. to their MarketBeat watchlist in the last 30 days. This is a decrease of -82% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, V.F. insiders have bought more of their company's stock than they have sold. Specifically, they have bought $149,787.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 0.90% of the stock of V.F. is held by insiders.
Percentage Held by Institutions
96.89% of the stock of V.F. is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for V.F. are expected to grow by 18.87% in the coming year, from $2.12 to $2.52 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of V.F. is 54.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.90.
Price to Earnings Ratio vs. Sector
The P/E ratio of V.F. is 54.90, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 12.85.
Price to Earnings Growth Ratio
V.F. has a PEG Ratio of 1.49. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
V.F. has a P/B Ratio of 2.27. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About V.F. (NYSE:VFC) Stock

V.F. Corporation is an American apparel and footwear company in Denver, Colorado. Founded in 1899 and initially headquartered in Reading, Pennsylvania, the company has become a global leader in lifestyle brands, with a portfolio of over 30 brands, including The North Face, Timberland, Vans, and Dickies. V.F. Corporation operates in over 50 countries and employs over 50,000 people worldwide. The company is committed to sustainability, intending to be carbon-neutral in its operations by 2030.

Benno Dorer was appointed Chief Executive Officer and Interim President in December 2022. Benno served as V.F.'s Lead Independent Director for a year before taking the position. Before joining V.F., Mr. Dorer held senior positions at The Clorox Company and Proctor & Gamble. Also notable on the team is Cameron Bailey, who has over twenty-five years of manufacturing and operations management experience.

Over the past few years, V.F. Corporation has not delivered solid financial results. Back at the beginning of the COVID-19 pandemic V.F. Corporation missed its revenue goals by 14%, causing investors to sell the stock. However, increased online purchasing increased V.F. Corporation's gross margin by 230 basis points to 55.6%. The company has maintained a healthy balance sheet, with total assets capable of covering total liabilities. V.F. Corporation's valuation metrics are in line with industry peers. V.F. Corporation has a price-to-earnings ratio and a price-to-book ratio that align with industry peers. V.F. Corporation's stock has performed poorly recently. The company's market capitalization is $7.89 billion, making it one of the world's largest apparel and footwear companies. V.F. Corporation's average trading volume averages 10 million shares a day.

The apparel and footwear industry is highly competitive, with many established brands and new players entering the market. The industry is also subject to changing consumer preferences and trends. There has been a growing focus on sustainability and ethical manufacturing practices in recent years, leading to increased industry scrutiny. V.F. Corporation has led sustainability efforts, committed to sourcing sustainable materials and reducing its carbon footprint.

V.F. Corporation has several potential growth opportunities. The company has been expanding its direct-to-consumer business through e-commerce and brick-and-mortar stores. V.F. Corporation has also invested in new product development and innovation, such as The North Face's FutureLight fabric technology. In addition, the company has been actively pursuing acquisitions, such as its recent acquisition of Supreme, a streetwear brand.

Like all companies, V.F. Corporation faces potential risks and challenges. Changes in consumer preferences or fashion trends could negatively impact sales. The company is also subject to regulatory and political risks, such as changes in trade policies or tariffs. Additionally, V.F. Corporation's success depends on its ability to innovate and stay ahead of competitors in a rapidly evolving industry. However, the company's strong brand portfolio and commitment to sustainability should help it weather these challenges.

In addition, V.F. Corporation faces supply chain challenges, particularly in the current global supply chain disruptions. The company sources materials and products from all over the world, and any disruptions to these supply chains could impact its ability to meet demand or increase costs. V.F. Corporation has been working to mitigate these risks by diversifying its supplier base and investing in technology to improve supply chain visibility and flexibility.

Another potential challenge for V.F. Corporation is increasing pressure from e-commerce retailers like Amazon. While V.F. Corporation has been expanding its e-commerce business, it also relies on traditional retail partners for a significant portion of its sales. As consumers continue to shift towards online shopping, V.F. Corporation will need to navigate this changing landscape and maintain strong relationships with its e-commerce and traditional retail partners.

Despite these challenges, V.F. Corporation has several strengths that position it for continued success. The company's strong brand portfolio gives it significant market share across various segments, from outdoor and athletic apparel to workwear and streetwear. V.F. Corporation's commitment to sustainability and ethical manufacturing practices is also a significant advantage, particularly as consumers become more conscious of these issues.

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BMO Capital Markets Cuts V.F. (NYSE:VFC) Price Target to $25.00

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