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.

Analyst Ratings Changes

VFC has been the topic of several analyst reports. Wells Fargo & Company reduced their price objective on V.F. to $50.00 and set an "equal weight" rating on the stock in a research note on Friday, May 20th. UBS Group reduced their price objective on V.F. from $65.00 to $55.00 in a research note on Friday, May 13th. Telsey Advisory Group reduced their price objective on V.F. from $70.00 to $65.00 and set an "outperform" rating on the stock in a research note on Friday, July 29th. Robert W. Baird reduced their price objective 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. Finally, Wedbush reduced their price objective on V.F. from $61.00 to $50.00 and set a "neutral" rating on the stock in a research note on Friday, May 20th. Three research 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's stock. According to MarketBeat.com, V.F. currently has a consensus rating of "Hold" and a consensus price target of $59.06.

V.F. Stock Performance

Shares of NYSE:VFC traded down $0.25 during midday trading on Tuesday, reaching $45.33. 2,655,275 shares of the company were exchanged, compared to its average volume of 3,421,827. 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. has a 1 year low of $43.08 and a 1 year high of $81.70. The stock has a fifty day simple moving average of $46.42 and a 200 day simple moving average of $52.45. The stock has a market cap of $17.61 billion, a P/E ratio of 17.64, a PEG ratio of 2.06 and a beta of 1.35.

V.F. (NYSE:VFC - Get Rating) last released its quarterly earnings results on Thursday, May 19th. The textile maker reported $0.45 earnings per share (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 posted $0.27 earnings per share. The business's revenue was up 9.4% on a year-over-year basis. On average, research analysts forecast that V.F. will post 3.09 earnings per share for the current fiscal year.

V.F. Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 20th. Investors of record on Monday, September 12th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 4.41%. The ex-dividend date of this dividend is Friday, September 9th. V.F.'s dividend payout ratio is currently 77.82%.

Insider Buying and Selling at V.F.

In other V.F. news, CFO Matthew H. Puckett sold 677 shares of V.F. stock in a transaction that occurred on Friday, May 27th. The stock was sold at an average price of $49.87, for a total value of $33,761.99. Following the sale, the chief financial officer now 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 available through the SEC website. In related news, Director W Rodney Mcmullen purchased 3,000 shares of V.F. stock in a transaction dated Tuesday, May 31st. The stock was bought at an average cost of $49.99 per share, for a total transaction of $149,970.00. Following the transaction, the director now owns 28,125 shares in the company, valued at $1,405,968.75. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, 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 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 disclosure for this sale can be found here. In the last 90 days, insiders have acquired 22,000 shares of company stock valued at $1,008,630. 0.90% of the stock is owned by corporate insiders.