V.F. Corporation (NYSE:VFC) Given Consensus Recommendation of “Hold” by Analysts

Shares of V.F. Corporation (NYSE:VFCGet Free Report) have earned an average recommendation of “Hold” from the twenty-one analysts that are currently covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell recommendation, fourteen have assigned a hold recommendation, three have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $16.4063.

A number of equities research analysts have weighed in on VFC shares. KGI Securities set a $14.50 target price on V.F. and gave the stock a “neutral” rating in a report on Wednesday, October 29th. Needham & Company LLC reaffirmed a “buy” rating on shares of V.F. in a research report on Thursday. JPMorgan Chase & Co. dropped their target price on shares of V.F. from $15.00 to $14.00 and set a “neutral” rating on the stock in a research report on Monday, October 27th. Telsey Advisory Group set a $16.00 target price on shares of V.F. in a research note on Wednesday, October 29th. Finally, Wells Fargo & Company lifted their price target on shares of V.F. from $12.00 to $15.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 16th.

Read Our Latest Analysis on VFC

Institutional Investors Weigh In On V.F.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Bard Financial Services Inc. raised its position in shares of V.F. by 3.1% during the third quarter. Bard Financial Services Inc. now owns 33,440 shares of the textile maker’s stock worth $483,000 after purchasing an additional 1,000 shares during the period. EverSource Wealth Advisors LLC increased its stake in V.F. by 59.7% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 2,748 shares of the textile maker’s stock valued at $40,000 after purchasing an additional 1,027 shares in the last quarter. 1620 Investment Advisors Inc. raised its holdings in V.F. by 5.7% during the third quarter. 1620 Investment Advisors Inc. now owns 21,903 shares of the textile maker’s stock worth $316,000 after buying an additional 1,172 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in shares of V.F. by 94.8% in the second quarter. Farther Finance Advisors LLC now owns 4,975 shares of the textile maker’s stock valued at $58,000 after buying an additional 2,421 shares in the last quarter. Finally, GAMMA Investing LLC grew its holdings in shares of V.F. by 30.5% during the fourth quarter. GAMMA Investing LLC now owns 10,987 shares of the textile maker’s stock valued at $199,000 after buying an additional 2,570 shares during the last quarter. Institutional investors own 86.84% of the company’s stock.

V.F. Price Performance

VFC stock opened at $19.89 on Monday. The company has a quick ratio of 0.87, a current ratio of 1.36 and a debt-to-equity ratio of 2.40. The firm has a market cap of $7.77 billion, a price-to-earnings ratio of 90.42, a PEG ratio of 2.01 and a beta of 1.66. The company’s fifty day simple moving average is $17.36 and its 200 day simple moving average is $15.00. V.F. has a 12-month low of $9.41 and a 12-month high of $29.02.

V.F. (NYSE:VFCGet Free Report) last posted its quarterly earnings data on Tuesday, October 28th. The textile maker reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.10. The firm had revenue of $2.80 billion during the quarter, compared to analyst estimates of $2.73 billion. V.F. had a return on equity of 20.34% and a net margin of 0.95%.The business’s quarterly revenue was up 1.6% on a year-over-year basis. During the same period last year, the company posted $0.60 EPS. On average, analysts expect that V.F. will post 0.73 earnings per share for the current year.

V.F. Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Shareholders of record on Wednesday, December 10th were issued a $0.09 dividend. The ex-dividend date was Wednesday, December 10th. This represents a $0.36 annualized dividend and a yield of 1.8%. V.F.’s dividend payout ratio is presently 163.64%.

V.F. News Roundup

Here are the key news stories impacting V.F. this week:

V.F. Company Profile

(Get Free Report)

VF Corporation, commonly branded as VF, is a global apparel and footwear company that develops, markets and distributes a diverse portfolio of consumer brands. Its offerings span outdoor and action sports apparel, footwear and accessories under marquee names such as The North Face, Vans, Timberland, Dickies, JanSport and Smartwool. Through a “house of brands” strategy, VF leverages the unique heritage and design expertise of each label to serve distinct lifestyle and performance segments.

Founded in 1899 in Pennsylvania as the Reading Glove and Mitten Manufacturing Company, VF evolved through a series of acquisitions and strategic expansions to become a leading player in the global apparel industry.

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Analyst Recommendations for V.F. (NYSE:VFC)

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