V.F. (NYSE:VFC) Raised to “Buy” at Truist Financial

V.F. (NYSE:VFC) was upgraded by equities research analysts at Truist Financial from a “hold” rating to a “buy” rating in a research note issued to investors on Tuesday, MarketBeat reports. The brokerage currently has a $20.00 target price on the textile maker’s stock. Truist Financial’s target price indicates a potential upside of 24.76% from the company’s previous close.

Several other equities research analysts also recently weighed in on the stock. Needham & Company LLC reduced their target price on shares of V.F. from $25.00 to $21.00 and set a “buy” rating on the stock in a research note on Wednesday, July 29th. Evercore set a $16.00 price target on shares of V.F. in a research note on Thursday, July 30th. Wells Fargo & Company dropped their target price on V.F. from $18.00 to $16.00 and set an “equal weight” rating for the company in a research report on Thursday, July 30th. Telsey Advisory Group reduced their price target on V.F. from $20.00 to $17.00 and set a “market perform” rating on the stock in a report on Thursday, July 30th. Finally, Barclays raised their price target on V.F. from $23.00 to $24.00 and gave the stock an “overweight” rating in a research note on Monday. Three investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $17.92.

V.F. Stock Performance

NYSE VFC opened at $16.03 on Tuesday. The company has a market cap of $6.30 billion, a P/E ratio of 23.23, a P/E/G ratio of 0.84 and a beta of 1.56. 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 business’s 50 day moving average price is $13.99 and its 200-day moving average price is $16.19. V.F. has a fifty-two week low of $12.45 and a fifty-two week high of $22.27.

V.F. (NYSE:VFC) last released its quarterly earnings results on Wednesday, July 29th. The textile maker reported ($0.27) earnings per share for the quarter, missing the consensus estimate of ($0.22) by ($0.05). The company had revenue of $1.67 billion for the quarter, compared to analysts’ expectations of $1.64 billion. V.F. had a net margin of 2.88% and a return on equity of 18.91%. The business’s quarterly revenue was down 5.2% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.24) EPS. Sell-side analysts predict that V.F. will post 1.08 earnings per share for the current year.

Insider Transactions at V.F.

In other V.F. news, Director Richard Carucci purchased 20,000 shares of V.F. stock in a transaction dated Thursday, August 13th. The stock was acquired at an average price of $14.73 per share, for a total transaction of $294,600.00. Following the acquisition, the director owned 356,215 shares in the company, valued at $5,247,046.95. This trade represents a 5.95% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Bracken Darrell purchased 32,894 shares of the stock in a transaction dated Friday, July 31st. The stock was acquired at an average cost of $14.98 per share, with a total value of $492,752.12. Following the transaction, the insider directly owned 1,402,109 shares in the company, valued at approximately $21,003,592.82. This trade 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.

Institutional Trading of V.F.

Hedge funds have recently bought and sold shares of the stock. Bank of New York Mellon Corp acquired a new stake in shares of V.F. in the second quarter valued at approximately $42,038,000. Squarepoint Ops LLC boosted its stake in V.F. by 298.1% during the second quarter. Squarepoint Ops LLC now owns 1,782,904 shares of the textile maker’s stock worth $29,739,000 after buying an additional 1,335,057 shares during the last quarter. Varenne Capital Partners acquired a new position in V.F. during the second quarter worth $13,671,000. Madison Asset Management LLC acquired a new position in V.F. during the second quarter worth $3,913,000. Finally, Hillsdale Investment Management Inc. purchased a new stake in V.F. in the 1st quarter valued at $3,209,000. Hedge funds and other institutional investors own 86.84% of the company’s stock.

Key V.F. News

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

• Positive Sentiment: Truist upgrade: Truist Financial raised VFC from “hold” to “strong-buy” and assigned a $20 price target, implying substantial upside from the referenced share price. The upgrade reflects increased confidence in the company’s recovery potential. Truist upgrades V.F. Corporation
• Positive Sentiment: Additional analyst support: Piper Sandler upgraded VFC to “overweight” from “neutral,” while Barclays highlighted the stock as undervalued as its turnaround progresses. These calls reinforce the bullish case and likely contributed to recent buying interest. Piper Sandler upgrades V.F. Corporation
• Positive Sentiment: Improving market momentum: VFC recently gained on above-average volume, and earnings-estimate revisions are trending favorably, suggesting investors may expect further strength. JPMorgan also upgraded the stock from “underweight” to “neutral,” reducing a significant source of bearish pressure. Zacks discusses V.F. Corporation momentum
• Neutral Sentiment: Mixed analyst consensus: Stifel Nicolaus maintained its “hold” rating, and other sell-side coverage still characterizes VFC as a hold. This indicates that confidence in the turnaround is improving but remains uneven across Wall Street. Stifel maintains hold rating on V.F. Corporation
• Negative Sentiment: Fundamental risks remain: VFC’s latest quarterly revenue declined year over year, while adjusted earnings missed expectations. The company also carries elevated leverage, meaning the positive analyst outlook depends on successfully improving operations and reducing financial pressure.

About V.F.

V.F. Corporation (NYSE: VFC) is a global apparel, footwear and accessories company. Its portfolio includes well-known outdoor, active and workwear brands such as The North Face, Vans, Timberland and Dickies, which offer products ranging from outdoor clothing and hiking footwear to casual apparel, skate shoes and workwear.

The company sells its products through wholesale customers, brand-operated stores, e-commerce platforms and other digital channels. V.F. serves consumers in markets worldwide, with operations and distribution spanning North America, Europe, Asia-Pacific and other international regions.

Founded in 1899 as a manufacturer of gloves and mittens, the company later expanded into apparel and became known as Vanity Fair Mills before adopting the V.F.