$0.46 EPS Expected for V.F. Co. (NYSE:VFC) This Quarter

Analysts expect V.F. Co. (NYSE:VFC – Get Rating) to post earnings of $0.46 per share for the current fiscal quarter, according to Zacks Investment Research. Seven analysts have issued estimates for V.F.’s earnings, with estimates ranging from $0.42 to $0.48. V.F. posted earnings per share of $0.27 during the same quarter last year, which indicates a positive year over year growth rate of 70.4%. The firm is scheduled to announce its next quarterly earnings report on Monday, January 1st.

According to Zacks, analysts expect that V.F. will report full-year earnings of $3.20 per share for the current fiscal year, with EPS estimates ranging from $3.16 to $3.21. For the next fiscal year, analysts forecast that the business will post earnings of $3.58 per share, with EPS estimates ranging from $3.40 to $3.70. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research analysts that cover V.F..

V.F. (NYSE:VFC – Get Rating) last announced its earnings results on Friday, January 28th. The textile maker reported $1.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.21 by $0.14. The business had revenue of $3.62 billion for the quarter, compared to analyst estimates of $3.61 billion. V.F. had a net margin of 12.03% and a return on equity of 34.69%. The company’s revenue for the quarter was up 22.0% compared to the same quarter last year. During the same period last year, the firm posted $0.93 earnings per share.

VFC has been the topic of a number of research reports. UBS Group lowered their target price on shares of V.F. from $71.00 to $65.00 and set a “neutral” rating on the stock in a research report on Monday, January 31st. BTIG Research lowered their target price on shares of V.F. from $101.00 to $90.00 and set a “buy” rating on the stock in a research report on Monday, January 31st. JPMorgan Chase & Co. lowered shares of V.F. from an “overweight” rating to a “neutral” rating and lowered their price objective for the company from $80.00 to $64.00 in a research report on Monday, January 31st. Wells Fargo & Company lowered shares of V.F. from an “overweight” rating to an “equal weight” rating and lowered their price objective for the company from $75.00 to $58.00 in a research report on Tuesday, April 5th. Finally, Citigroup lowered their price objective on shares of V.F. from $71.00 to $68.00 and set a “neutral” rating on the stock in a research report on Monday, January 31st. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $76.95.

In other news, Director W Rodney Mcmullen purchased 3,000 shares of the business’s stock in a transaction dated Thursday, February 3rd. The stock was acquired at an average price of $64.50 per share, with a total value of $193,500.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.85% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the company. First Community Trust NA acquired a new position in V.F. in the 4th quarter valued at about $25,000. Atticus Wealth Management LLC acquired a new position in V.F. in the 4th quarter valued at about $30,000. Missouri Trust & Investment Co acquired a new position in V.F. in the 4th quarter valued at about $30,000. Moors & Cabot Inc. acquired a new position in V.F. in the 3rd quarter valued at about $32,000. Finally, Cornerstone Advisory LLC acquired a new position in V.F. in the 4th quarter valued at about $40,000. 93.63% of the stock is owned by institutional investors and hedge funds.

Shares of VFC opened at $55.70 on Friday. The company has a current ratio of 1.43, a quick ratio of 1.03 and a debt-to-equity ratio of 1.27. The firm has a market cap of $21.66 billion, a PE ratio of 15.69, a price-to-earnings-growth ratio of 0.55 and a beta of 1.46. The company’s 50 day simple moving average is $57.00 and its 200-day simple moving average is $66.61. V.F. has a 12-month low of $51.02 and a 12-month high of $90.79.

The company also recently declared a quarterly dividend, which was paid on Monday, March 21st. Stockholders of record on Thursday, March 10th were paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 3.59%. The ex-dividend date was Wednesday, March 9th. V.F.’s dividend payout ratio (DPR) is presently 56.34%.

V.F. Company Profile (Get Rating)

V.F. Corporation, together with its subsidiaries, engages in the design, production, 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.

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