VF Corporation (NYSE:VFC) Receives $19.63 Average Price Target from Brokerages

Shares of VF Corporation (NYSE:VFCGet Free Report) have been assigned a consensus rating of “Hold” from the twenty ratings firms that are covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and six have given a buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is $19.84.

VFC has been the topic of several recent analyst reports. Telsey Advisory Group reiterated a “market perform” rating and set a $21.00 price objective on shares of VF in a report on Wednesday. TD Cowen raised their target price on shares of VF from $16.00 to $19.00 and gave the stock a “hold” rating in a research report on Tuesday, October 29th. Stifel Nicolaus raised their target price on shares of VF from $21.00 to $25.00 and gave the stock a “buy” rating in a research report on Monday, October 14th. StockNews.com raised VF from a “sell” rating to a “hold” rating in a research report on Saturday, October 26th. Finally, Robert W. Baird lifted their price objective on VF from $17.00 to $20.00 and gave the company a “neutral” rating in a research note on Tuesday, October 29th.

View Our Latest Stock Analysis on VF

VF Price Performance

NYSE:VFC opened at $25.44 on Monday. The firm has a market cap of $9.90 billion, a price-to-earnings ratio of -14.70, a price-to-earnings-growth ratio of 9.74 and a beta of 1.45. The company has a current ratio of 1.30, a quick ratio of 0.88 and a debt-to-equity ratio of 2.86. The company’s 50-day moving average is $21.98 and its two-hundred day moving average is $19.61. VF has a 12-month low of $11.00 and a 12-month high of $29.02.

VF (NYSE:VFCGet Free Report) last released its earnings results on Wednesday, January 29th. The textile maker reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.34 by $0.28. VF had a negative net margin of 6.68% and a positive return on equity of 12.53%. During the same period last year, the business posted $0.57 EPS. Research analysts expect that VF will post 0.48 EPS for the current year.

VF Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Monday, March 10th will be given a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.42%. VF’s payout ratio is -20.81%.

Institutional Investors Weigh In On VF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP grew its stake in VF by 2.8% in the second quarter. Dimensional Fund Advisors LP now owns 4,125,417 shares of the textile maker’s stock worth $55,694,000 after purchasing an additional 113,128 shares in the last quarter. Segall Bryant & Hamill LLC grew its position in shares of VF by 1.8% in the 3rd quarter. Segall Bryant & Hamill LLC now owns 3,663,341 shares of the textile maker’s stock worth $73,084,000 after acquiring an additional 65,919 shares in the last quarter. Susquehanna Fundamental Investments LLC increased its holdings in shares of VF by 39.3% in the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 572,762 shares of the textile maker’s stock valued at $7,732,000 after acquiring an additional 161,502 shares during the last quarter. Fiduciary Alliance LLC raised its position in shares of VF by 6.8% during the 4th quarter. Fiduciary Alliance LLC now owns 256,531 shares of the textile maker’s stock valued at $5,505,000 after acquiring an additional 16,431 shares in the last quarter. Finally, Sei Investments Co. lifted its stake in VF by 26.7% during the second quarter. Sei Investments Co. now owns 207,120 shares of the textile maker’s stock worth $2,796,000 after purchasing an additional 43,697 shares during the last quarter. Institutional investors own 86.84% of the company’s stock.

About VF

(Get Free Report

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.

See Also

Analyst Recommendations for VF (NYSE:VFC)

Receive News & Ratings for VF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VF and related companies with MarketBeat.com's FREE daily email newsletter.