Analysts Issue Forecasts for VF’s FY2028 Earnings (NYSE:VFC)

VF Corporation (NYSE:VFC) – Stock analysts at Seaport Res Ptn issued their FY2028 earnings per share (EPS) estimates for VF in a report issued on Thursday, May 15th. Seaport Res Ptn analyst M. Kummetz anticipates that the textile maker will post earnings of $1.54 per share for the year. The consensus estimate for VF’s current full-year earnings is $0.73 per share.

A number of other brokerages have also recently weighed in on VFC. Needham & Company LLC reaffirmed a “buy” rating and issued a $28.00 price target on shares of VF in a research report on Friday, March 7th. Piper Sandler cut their price objective on VF from $18.00 to $12.00 and set a “neutral” rating for the company in a research report on Friday, April 11th. Robert W. Baird boosted their price objective on VF from $23.00 to $28.00 and gave the stock a “neutral” rating in a research report on Thursday, January 30th. Wells Fargo & Company boosted their price objective on VF from $12.00 to $13.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 14th. Finally, JPMorgan Chase & Co. cut their price objective on VF from $25.00 to $18.00 and set a “neutral” rating for the company in a research report on Monday. One research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $19.35.

VF Price Performance

Shares of NYSE:VFC opened at $14.29 on Monday. VF has a fifty-two week low of $9.41 and a fifty-two week high of $29.02. The business has a 50-day moving average of $13.33 and a two-hundred day moving average of $19.26. The stock has a market capitalization of $5.57 billion, a P/E ratio of -12.01, a P/E/G ratio of 6.77 and a beta of 1.68. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.56 and a quick ratio of 1.00.

Hedge Funds Weigh In On VF

A number of hedge funds have recently modified their holdings of the stock. CKW Financial Group raised its holdings in shares of VF by 29.4% in the 4th quarter. CKW Financial Group now owns 2,200 shares of the textile maker’s stock worth $47,000 after buying an additional 500 shares in the last quarter. SG Americas Securities LLC acquired a new position in shares of VF in the 1st quarter worth approximately $350,000. Russell Investments Group Ltd. raised its holdings in shares of VF by 11.1% in the 1st quarter. Russell Investments Group Ltd. now owns 277,442 shares of the textile maker’s stock worth $4,306,000 after buying an additional 27,727 shares in the last quarter. Fiduciary Alliance LLC raised its holdings in shares of VF by 16.4% in the 1st quarter. Fiduciary Alliance LLC now owns 298,596 shares of the textile maker’s stock worth $4,634,000 after buying an additional 42,065 shares in the last quarter. Finally, Amalgamated Bank raised its holdings in shares of VF by 46.2% in the 1st quarter. Amalgamated Bank now owns 152,410 shares of the textile maker’s stock worth $2,365,000 after buying an additional 48,151 shares in the last quarter. 86.84% of the stock is owned by institutional investors and hedge funds.

VF Company Profile

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.