In the latest session, VF Corp. (NYSE: VFC) closed at $16.24 down -0.61% from its previous closing price of $16.34. In other words, the price has decreased by -$0.10 from its previous closing price. On the day, 8168702 shares were traded.
Ratios:
For a deeper understanding of VF Corp.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.63. For the most recent quarter (mrq), Quick Ratio is recorded 0.70 and its Current Ratio is at 1.23. In the meantime, Its Debt-to-Equity ratio is 3.48 whereas as Long-Term Debt/Eq ratio is at 2.79.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Goldman on February 07, 2024, Downgraded its rating to Neutral and sets its target price to $14 from $19 previously.
On November 15, 2023, JP Morgan Upgraded its rating to Neutral which previously was Underweight and also upped its target price recommendation from $15 to $19.
On November 07, 2023, Evercore ISI started tracking the stock assigning a In-line rating and target price of $17.Evercore ISI initiated its In-line rating on November 07, 2023, with a $17 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 26 when Carucci Richard bought 20,000 shares for $15.53 per share. The transaction valued at 310,620 led to the insider holds 182,810 shares of the business.
Dorer Benno O sold 4 shares of VFC for $62 on Feb 26. The Director now owns 53,625 shares after completing the transaction at $15.53 per share. On Feb 13, another insider, CHUGG JULIANA L, who serves as the Director of the company, bought 40 shares for $16.46 each. As a result, the insider paid 659 and bolstered with 6,718 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VFC now has a Market Capitalization of 6.31B and an Enterprise Value of 12.67B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.58 while its Price-to-Book (P/B) ratio in mrq is 2.99. Its current Enterprise Value per Revenue stands at 1.17 whereas that against EBITDA is 25.34.
Stock Price History:
Over the past 52 weeks, VFC has reached a high of $26.95, while it has fallen to a 52-week low of $12.85. The 50-Day Moving Average of the stock is 16.89, while the 200-Day Moving Average is calculated to be 17.90.
Shares Statistics:
For the past three months, VFC has traded an average of 8.21M shares per day and 9.3M over the past ten days. A total of 388.67M shares are outstanding, with a floating share count of 366.50M. Insiders hold about 5.74% of the company’s shares, while institutions hold 87.72% stake in the company. Shares short for VFC as of Feb 15, 2024 were 34.46M with a Short Ratio of 4.20, compared to 26.29M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 8.86% and a Short% of Float of 9.97%.
Dividends & Splits
According to the company, the forward annual dividend rate for VFC is 0.99, from 0.99 in the trailing year. Against a Trailing Annual Dividend Yield of 6.06%, it implies a Forward Annual Dividend Yield of 2.22%. The stock’s 5-year Average Dividend Yield is 4.24. The current Payout Ratio is 592.86% for VFC, which recently paid a dividend on Mar 20, 2024 with an ex-dividend date of Mar 08, 2024. Stock splits for the company last occurred on May 23, 2019 when the company split stock in a 1062:1000 ratio.
Earnings Estimates
There are 19 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.02 for the current quarter, with a high estimate of $0.13 and a low estimate of -$0.06, while EPS last year was $0.17. The consensus estimate for the next quarter is -$0.15, with high estimates of -$0.08 and low estimates of -$0.24.
Analysts are recommending an EPS of between $1.19 and $1 for the fiscal current year, implying an average EPS of $1.09. EPS for the following year is $1.36, with 22 analysts recommending between $1.68 and $1.13.
Revenue Estimates
A total of 19 analysts believe the company’s revenue will be $2.43B this quarter.It ranges from a high estimate of $2.52B to a low estimate of $2.34B. As of the current estimate, VF Corp.’s year-ago sales were $2.74B, an estimated decrease of -11.40% from the year-ago figure.
A total of 22 analysts have provided revenue estimates for VFC’s current fiscal year. The highest revenue estimate was $10.61B, while the lowest revenue estimate was $10.42B, resulting in an average revenue estimate of $10.51B. In the same quarter a year ago, actual revenue was $11.61B, down -9.50% from the average estimate. Based on 22 analysts’ estimates, the company’s revenue will be $10.56B in the next fiscal year. The high estimate is $10.87B and the low estimate is $10.01B. The average revenue growth estimate for next year is up 0.40% from the average revenue estimate for this year.
