Zacks Research Downgrades V.F. (NYSE:VFC) to Hold

V.F. (NYSE:VFC) was downgraded by Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Monday,Zacks.com reports.

Several other research firms also recently commented on VFC. Argus raised shares of V.F. to a “strong-buy” rating in a report on Wednesday, February 11th. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $18.00 price objective (down from $19.00) on shares of V.F. in a report on Monday, February 23rd. Piper Sandler upped their price objective on shares of V.F. from $14.00 to $18.00 and gave the company a “neutral” rating in a report on Friday, January 30th. Barclays dropped their price objective on shares of V.F. from $25.00 to $24.00 and set an “overweight” rating on the stock in a report on Thursday, May 21st. Finally, Telsey Advisory Group set a $20.00 price target on shares of V.F. in a report on Thursday, January 29th. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, thirteen have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $18.58.

V.F. Price Performance

NYSE VFC opened at $16.66 on Monday. The company has a market cap of $6.53 billion, a PE ratio of 26.03, a price-to-earnings-growth ratio of 1.32 and a beta of 1.62. V.F. has a 52 week low of $11.06 and a 52 week high of $22.27. The company has a quick ratio of 1.21, a current ratio of 1.84 and a debt-to-equity ratio of 1.90. The firm’s 50-day simple moving average is $17.89 and its two-hundred day simple moving average is $18.27.

V.F. (NYSE:VFC) last released its quarterly earnings data on Wednesday, May 20th. The textile maker reported ($0.30) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.28). The business had revenue of $2.17 billion for the quarter, compared to analysts’ expectations of $2.13 billion. V.F. had a net margin of 2.65% and a return on equity of 21.05%. V.F.’s revenue for the quarter was up 1.1% compared to the same quarter last year. During the same period last year, the company earned ($0.13) earnings per share. Research analysts predict that V.F. will post 1.12 earnings per share for the current year.

Institutional Investors Weigh In On V.F.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Parallel Advisors LLC raised its stake in V.F. by 27.9% in the first quarter. Parallel Advisors LLC now owns 2,694 shares of the textile maker’s stock valued at $46,000 after purchasing an additional 588 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in V.F. by 59.7% in the third quarter. EverSource Wealth Advisors LLC now owns 2,748 shares of the textile maker’s stock valued at $40,000 after purchasing an additional 1,027 shares in the last quarter. Root Financial Partners LLC raised its stake in V.F. by 282.9% in the first quarter. Root Financial Partners LLC now owns 3,052 shares of the textile maker’s stock valued at $52,000 after purchasing an additional 2,255 shares in the last quarter. Rothschild Investment LLC raised its stake in V.F. by 705.8% in the third quarter. Rothschild Investment LLC now owns 3,747 shares of the textile maker’s stock valued at $54,000 after purchasing an additional 3,282 shares in the last quarter. Finally, GAMMA Investing LLC raised its stake in V.F. by 30.5% in the fourth quarter. GAMMA Investing LLC now owns 10,987 shares of the textile maker’s stock valued at $199,000 after purchasing an additional 2,570 shares in the last quarter. 86.84% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting V.F.

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

• Positive Sentiment: Jim Cramer described V.F. Corporation as a possible “fantastic buying opportunity,” which can support investor sentiment around the stock. Jim Cramer Highlights a Possible “Fantastic Buying Opportunity” in V.F. Corporation
• Positive Sentiment: Zacks said V.F. is a strong value stock, reinforcing the idea that the shares may be undervalued relative to fundamentals. Here’s Why V.F. (VFC) is a Strong Value Stock
• Neutral Sentiment: Recent analysis pointed investors toward V.F.’s international revenue trends, suggesting the market is still weighing growth visibility and demand outside the U.S. Don’t Overlook V.F. (VFC) International Revenue Trends While Assessing the Stock
• Neutral Sentiment: A broader apparel sector roundup noted Ralph Lauren’s strong earnings move, keeping attention on relative performance across apparel names, including V.F. Corporation. Apparel Earnings Winners and Losers: Ralph Lauren Takes Off (VFC)
• Negative Sentiment: V.F. still faces skepticism after its last earnings report, where EPS missed estimates, which may be limiting upside despite revenue coming in slightly above expectations.

V.F. Company Profile

VF Corporation, commonly branded as VF, is a global apparel and footwear company that develops, markets and distributes a diverse portfolio of consumer brands. Its offerings span outdoor and action sports apparel, footwear and accessories under marquee names such as The North Face, Vans, Timberland, Dickies, JanSport and Smartwool. Through a “house of brands” strategy, VF leverages the unique heritage and design expertise of each label to serve distinct lifestyle and performance segments.

Founded in 1899 in Pennsylvania as the Reading Glove and Mitten Manufacturing Company, VF evolved through a series of acquisitions and strategic expansions to become a leading player in the global apparel industry.