VF (NYSE:VFC) is set to issue its quarterly earnings data before the market opens on Wednesday, May 22nd. Analysts expect the company to announce earnings of $0.58 per share for the quarter.
NYSE VFC opened at $90.35 on Wednesday. The company has a market cap of $37.20 billion, a P/E ratio of 30.32, a price-to-earnings-growth ratio of 1.95 and a beta of 1.15. VF has a one year low of $67.18 and a one year high of $97.00. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.07 and a current ratio of 1.80.
VFC has been the topic of a number of research analyst reports. Credit Suisse Group restated a “positive” rating on shares of VF in a research report on Wednesday, January 16th. Pivotal Research reiterated a “hold” rating and issued a $78.00 price objective (down from $85.00) on shares of VF in a research report on Wednesday, January 16th. Guggenheim reiterated a “buy” rating and issued a $90.00 price objective on shares of VF in a research report on Friday, January 18th. ValuEngine upgraded VF from a “hold” rating to a “buy” rating in a research report on Saturday, January 19th. Finally, Piper Jaffray Companies set a $93.00 price objective on VF and gave the company a “buy” rating in a research report on Friday, January 18th. Six investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. VF presently has a consensus rating of “Buy” and an average price target of $93.29.
In other news, Chairman Steven E. Rendle sold 65,988 shares of the stock in a transaction on Thursday, February 14th. The stock was sold at an average price of $85.91, for a total value of $5,669,029.08. Following the transaction, the chairman now owns 236,514 shares of the company’s stock, valued at approximately $20,318,917.74. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Scott H. Baxter sold 51,911 shares of the stock in a transaction on Friday, March 15th. The shares were sold at an average price of $84.25, for a total value of $4,373,501.75. Following the completion of the transaction, the vice president now directly owns 201,972 shares in the company, valued at approximately $17,016,141. The disclosure for this sale can be found here. In the last three months, insiders sold 182,895 shares of company stock worth $15,636,737. 1.72% of the stock is currently owned by company insiders.
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VF Company Profile
V.F. Corporation 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 four segments: Outdoor & Action Sports, Jeanswear, Imagewear, and Other.
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