VF Corporation (NYSE:VFC – Free Report) – Investment analysts at Seaport Res Ptn issued their FY2028 earnings estimates for VF in a research report issued on Thursday, May 15th. Seaport Res Ptn analyst M. Kummetz expects that the textile maker will earn $1.54 per share for the year. The consensus estimate for VF’s current full-year earnings is $0.73 per share.
Several other equities research analysts have also recently issued reports on the stock. Stifel Nicolaus dropped their target price on shares of VF from $35.00 to $28.00 and set a “buy” rating on the stock in a report on Thursday, April 10th. The Goldman Sachs Group dropped their target price on shares of VF from $25.00 to $12.00 and set a “neutral” rating on the stock in a report on Tuesday, April 22nd. Robert W. Baird raised their target price on shares of VF from $23.00 to $28.00 and gave the stock a “neutral” rating in a report on Thursday, January 30th. JPMorgan Chase & Co. dropped their target price on shares of VF from $25.00 to $18.00 and set a “neutral” rating on the stock in a report on Monday. Finally, BMO Capital Markets raised their target price on shares of VF from $14.00 to $25.00 and gave the stock a “market perform” rating in a report on Thursday, January 30th. One research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and six have given a buy rating to the company. According to MarketBeat, VF presently has an average rating of “Hold” and a consensus target price of $19.35.
VF Trading Up 0.6%
NYSE:VFC opened at $14.41 on Monday. The company’s 50 day moving average price is $13.29 and its 200-day moving average price is $19.23. VF has a 52 week low of $9.41 and a 52 week high of $29.02. The company has a quick ratio of 1.00, a current ratio of 1.56 and a debt-to-equity ratio of 2.31. The stock has a market cap of $5.61 billion, a price-to-earnings ratio of -12.11, a PEG ratio of 6.77 and a beta of 1.68.
Institutional Trading of VF
Several institutional investors and hedge funds have recently modified their holdings of the company. Segall Bryant & Hamill LLC raised its position in shares of VF by 5.8% during the 4th quarter. Segall Bryant & Hamill LLC now owns 3,874,781 shares of the textile maker’s stock valued at $83,153,000 after purchasing an additional 211,440 shares during the period. Rhumbline Advisers raised its position in shares of VF by 11.0% during the 1st quarter. Rhumbline Advisers now owns 928,753 shares of the textile maker’s stock valued at $14,414,000 after purchasing an additional 92,174 shares during the period. GAMMA Investing LLC raised its position in shares of VF by 1,355.2% during the 1st quarter. GAMMA Investing LLC now owns 404,405 shares of the textile maker’s stock valued at $6,276,000 after purchasing an additional 376,615 shares during the period. Fiduciary Alliance LLC raised its position in shares of VF by 16.4% during the 1st quarter. Fiduciary Alliance LLC now owns 298,596 shares of the textile maker’s stock valued at $4,634,000 after purchasing an additional 42,065 shares during the period. Finally, Russell Investments Group Ltd. raised its position in shares of VF by 11.1% during the 1st quarter. Russell Investments Group Ltd. now owns 277,442 shares of the textile maker’s stock valued at $4,306,000 after purchasing an additional 27,727 shares during the period. 86.84% of the stock is currently owned by institutional investors.
About VF
VF Corp. engages in the business of producing and marketing apparel, footwear, and accessories. It operates through the following segments: Outdoor, Active, Work, and Other. The Outdoor segment includes authentic outdoor-based lifestyle brands such as performance-based and outdoor apparel, footwear, and equipment.
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