$0.46 Earnings Per Share Expected for V.F. Co. (NYSE:VFC) This Quarter

Analysts expect V.F. Co. (NYSE:VFCGet Rating) to post $0.46 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Seven analysts have issued estimates for V.F.’s earnings, with the lowest EPS estimate coming in at $0.42 and the highest estimate coming in at $0.48. V.F. reported earnings of $0.27 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 70.4%. The company is expected to issue its next earnings results after the market closes 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 financial year, analysts expect 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 EPS averages are a mean average based on a survey of research firms that cover V.F..

Several equities research analysts recently weighed in on VFC shares. StockNews.com started coverage on V.F. in a report on Thursday, March 31st. They set a “hold” rating on the stock. Piper Sandler cut their price objective on V.F. from $89.00 to $80.00 and set an “overweight” rating on the stock in a report on Monday, January 31st. Wells Fargo & Company downgraded V.F. from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $75.00 to $58.00 in a report on Tuesday, April 5th. Truist Financial cut their price objective on V.F. from $79.00 to $70.00 and set a “hold” rating on the stock in a report on Monday, January 31st. Finally, UBS Group cut their price objective on V.F. from $71.00 to $65.00 and set a “neutral” rating on the stock in a report on Monday, January 31st. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $76.95.

Shares of VFC stock traded down $1.48 during trading hours on Friday, reaching $47.61. The company’s stock had a trading volume of 3,646,503 shares, compared to its average volume of 2,812,071. The firm’s 50 day simple moving average is $55.13 and its 200-day simple moving average is $64.96. The company has a market capitalization of $18.52 billion, a price-to-earnings ratio of 13.41, a PEG ratio of 0.51 and a beta of 1.42. V.F. has a fifty-two week low of $47.09 and a fifty-two week high of $90.48. The company has a quick ratio of 1.03, a current ratio of 1.43 and a debt-to-equity ratio of 1.27.

Several hedge funds have recently bought and sold shares of the company. First Community Trust NA acquired a new stake in shares of V.F. in the 4th quarter valued at about $25,000. Atticus Wealth Management LLC acquired a new stake in shares of V.F. in the 4th quarter valued at about $30,000. Missouri Trust & Investment Co acquired a new stake in shares of V.F. in the 4th quarter valued at about $30,000. Moors & Cabot Inc. acquired a new stake in shares of V.F. in the 3rd quarter valued at about $32,000. Finally, Cornerstone Advisory LLC acquired a new stake in shares of V.F. in the 4th quarter valued at about $40,000. 88.25% of the stock is owned by hedge funds and other institutional investors.

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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Earnings History and Estimates for V.F. (NYSE:VFC)

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