V.F. Co. (NYSE:VFC) Receives Consensus Recommendation of “Hold” from Analysts

Shares of V.F. Co. (NYSE:VFCGet Free Report) have received an average rating of “Hold” from the thirteen research firms that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, nine have given a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $18.70.

A number of research analysts have issued reports on the stock. StockNews.com raised shares of V.F. from a “sell” rating to a “hold” rating in a report on Thursday, February 8th. Wells Fargo & Company dropped their target price on shares of V.F. from $17.00 to $14.00 and set an “equal weight” rating for the company in a report on Wednesday, February 7th. Williams Trading reaffirmed a “sell” rating on shares of V.F. in a report on Thursday, January 25th. UBS Group dropped their target price on shares of V.F. from $19.00 to $18.00 and set a “neutral” rating for the company in a report on Monday, February 5th. Finally, The Goldman Sachs Group cut shares of V.F. from a “buy” rating to a “neutral” rating and dropped their target price for the company from $19.00 to $14.00 in a report on Wednesday, February 7th.

Read Our Latest Stock Analysis on V.F.

Insider Buying and Selling

In other news, insider Bracken Darrell bought 65,360 shares of the firm’s stock in a transaction that occurred on Friday, February 9th. The shares were purchased at an average price of $15.38 per share, for a total transaction of $1,005,236.80. Following the completion of the transaction, the insider now owns 144,281 shares in the company, valued at $2,219,041.78. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In related news, Director Juliana L. Chugg purchased 11,301 shares of the firm’s stock in a transaction on Monday, February 12th. The shares were bought at an average price of $17.55 per share, for a total transaction of $198,332.55. Following the acquisition, the director now directly owns 26,301 shares in the company, valued at $461,582.55. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Bracken Darrell purchased 65,360 shares of the firm’s stock in a transaction on Friday, February 9th. The stock was bought at an average price of $15.38 per share, for a total transaction of $1,005,236.80. Following the acquisition, the insider now owns 144,281 shares in the company, valued at $2,219,041.78. The disclosure for this purchase can be found here. 0.60% of the stock is owned by company insiders.

Hedge Funds Weigh In On V.F.

A number of hedge funds have recently made changes to their positions in VFC. Wolff Wiese Magana LLC raised its stake in shares of V.F. by 2,835.6% in the 4th quarter. Wolff Wiese Magana LLC now owns 1,321 shares of the textile maker’s stock valued at $25,000 after acquiring an additional 1,276 shares during the period. Eagle Bay Advisors LLC purchased a new position in shares of V.F. in the 4th quarter valued at $25,000. International Assets Investment Management LLC purchased a new position in shares of V.F. in the 3rd quarter valued at $27,000. West Tower Group LLC purchased a new position in shares of V.F. in the 4th quarter valued at $27,000. Finally, CKW Financial Group purchased a new position in shares of V.F. in the 3rd quarter valued at $30,000. Institutional investors and hedge funds own 86.84% of the company’s stock.

V.F. Price Performance

Shares of NYSE:VFC opened at $15.30 on Tuesday. The company has a 50-day simple moving average of $15.94 and a 200-day simple moving average of $16.72. V.F. has a one year low of $12.85 and a one year high of $23.58. The company has a debt-to-equity ratio of 2.25, a quick ratio of 0.70 and a current ratio of 1.23. The stock has a market capitalization of $5.95 billion, a price-to-earnings ratio of -7.77, a PEG ratio of 2.09 and a beta of 1.48.

V.F. (NYSE:VFCGet Free Report) last announced its earnings results on Tuesday, February 6th. The textile maker reported $0.57 EPS for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.22). The business had revenue of $2.96 billion during the quarter, compared to analysts’ expectations of $3.24 billion. V.F. had a negative net margin of 7.07% and a positive return on equity of 19.03%. V.F.’s quarterly revenue was down 16.2% on a year-over-year basis. During the same period in the previous year, the company posted $1.12 earnings per share. On average, analysts predict that V.F. will post 1.11 EPS for the current year.

V.F. Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 20th. Investors of record on Monday, March 11th were given a dividend of $0.09 per share. The ex-dividend date of this dividend was Friday, March 8th. This represents a $0.36 dividend on an annualized basis and a yield of 2.35%. V.F.’s dividend payout ratio (DPR) is currently -18.27%.

V.F. Company Profile

(Get Free Report

V.F. Corporation, together with its subsidiaries, engages in the design, 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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Analyst Recommendations for V.F. (NYSE:VFC)

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