V.F. (NYSE:VFC – Get Free Report) had its price target upped by research analysts at JPMorgan Chase & Co. from $17.00 to $19.00 in a research report issued on Monday,Benzinga reports. The brokerage presently has a “neutral” rating on the textile maker’s stock. JPMorgan Chase & Co.‘s target price indicates a potential downside of 9.09% from the stock’s current price.
Other equities analysts have also issued reports about the stock. Truist Financial set a $18.00 price target on shares of V.F. in a research report on Wednesday, January 14th. Telsey Advisory Group set a $20.00 target price on shares of V.F. in a report on Thursday, January 29th. Weiss Ratings upgraded V.F. from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, January 29th. Robert W. Baird set a $25.00 price objective on V.F. in a research report on Wednesday, December 17th. Finally, Needham & Company LLC reaffirmed a “buy” rating on shares of V.F. in a research note on Thursday, January 8th. Three analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $18.22.
Get Our Latest Research Report on VFC
V.F. Price Performance
V.F. (NYSE:VFC – Get Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The textile maker reported $0.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.15. The company had revenue of $2.88 billion for the quarter, compared to the consensus estimate of $2.81 billion. V.F. had a net margin of 2.33% and a return on equity of 19.08%. The firm’s revenue was up 1.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.62 earnings per share. Equities research analysts anticipate that V.F. will post 0.73 earnings per share for the current year.
Hedge Funds Weigh In On V.F.
Several institutional investors have recently added to or reduced their stakes in the company. Russell Investments Group Ltd. boosted its position in shares of V.F. by 104.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 567,886 shares of the textile maker’s stock valued at $6,673,000 after acquiring an additional 290,444 shares during the last quarter. Segall Bryant & Hamill LLC raised its stake in V.F. by 30.7% during the second quarter. Segall Bryant & Hamill LLC now owns 3,442,936 shares of the textile maker’s stock valued at $40,454,000 after purchasing an additional 808,474 shares in the last quarter. SG Americas Securities LLC raised its stake in V.F. by 115.2% during the third quarter. SG Americas Securities LLC now owns 113,951 shares of the textile maker’s stock valued at $1,644,000 after purchasing an additional 60,998 shares in the last quarter. Fiduciary Alliance LLC lifted its position in V.F. by 22.0% during the third quarter. Fiduciary Alliance LLC now owns 586,877 shares of the textile maker’s stock valued at $8,469,000 after purchasing an additional 105,786 shares during the last quarter. Finally, Farther Finance Advisors LLC grew its stake in shares of V.F. by 94.8% in the 2nd quarter. Farther Finance Advisors LLC now owns 4,975 shares of the textile maker’s stock worth $58,000 after buying an additional 2,421 shares in the last quarter. Hedge funds and other institutional investors own 86.84% of the company’s stock.
Key Stories Impacting V.F.
Here are the key news stories impacting V.F. this week:
- Positive Sentiment: Zacks and other outlets flagged V.F. as a top-ranked value idea, drawing attention from value-focused investors who may buy on perceived undervaluation. V.F. (VFC) is a Top-Ranked Value Stock: Should You Buy?
- Positive Sentiment: Zacks also highlighted V.F. as a top-ranked momentum stock, reinforcing short-term buyer interest from momentum/confidence-driven funds. V.F. (VFC) is a Top-Ranked Momentum Stock: Should You Buy?
- Positive Sentiment: Articles examining V.F.’s upside-to-downside ratio and valuation argue the stock presents an attractive risk/reward for some investors, supporting buying interest. Is VF Corp (VFC) Trading at an Attractive Upside-to-Downside Ratio?
- Neutral Sentiment: Coverage focusing on V.F.’s international revenue trends outlines both risks and opportunities abroad — useful fundamental context that may influence earnings revisions but is not an immediate catalyst. Unlocking V.F. (VFC) International Revenues: Trends, Surprises, and Prospects
- Neutral Sentiment: Republished coverage on international sales and channel mix highlights where management can drive growth, informing medium-term investor theses without creating immediate price pressure. Unlocking VF (VFC) international revenues: trends, surprises, and prospects
- Negative Sentiment: JPMorgan raised its price target to $19 from $17 but left a “neutral” rating — the new target implies downside from current levels, a restraint that may limit broad analyst-led buying. JPMorgan Chase & Co. price target note (Benzinga)
About V.F.
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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