Trading Day Review: VF Corp (VFC) Loses Momentum, Closing at 21.38

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The price of VF Corp (NYSE: VFC) closed at $21.38 in the last session, down -0.47% from day before closing price of $21.48. In other words, the price has decreased by -$0.47 from its previous closing price. On the day, 7.57 million shares were traded. VFC stock price reached its highest trading level at $21.54 during the session, while it also had its lowest trading level at $20.765.

Ratios:

We take a closer look at VFC’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.19. For the most recent quarter (mrq), Quick Ratio is recorded 0.88 and its Current Ratio is at 1.30. In the meantime, Its Debt-to-Equity ratio is 5.25 whereas as Long-Term Debt/Eq ratio is at 3.67.

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 this company, Telsey Advisory Group on October 29, 2024, Reiterated its Market Perform rating but revised its target price to $21 from $19 previously.

On October 14, 2024, Wells Fargo Downgraded its rating to Underweight which previously was Equal Weight and also lowered its target price recommendation from $16 to $15.

On October 11, 2024, Goldman started tracking the stock assigning a Neutral rating and target price of $20.Goldman initiated its Neutral rating on October 11, 2024, with a $20 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 22 ’24 when Carucci Richard bought 15,000 shares for $16.70 per share. The transaction valued at 250,500 led to the insider holds 230,178 shares of the business.

Carucci Richard bought 25,000 shares of VFC for $344,495 on Jun 13 ’24. The Director now owns 215,130 shares after completing the transaction at $13.78 per share. On Jun 10 ’24, another insider, Darrell Bracken, who serves as the President & Chief Exec Officer of the company, bought 75,200 shares for $13.26 each. As a result, the insider paid 997,408 and bolstered with 219,972 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 8362572800 and an Enterprise Value of 15209595904. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.83 while its Price-to-Book (P/B) ratio in mrq is 5.92. Its current Enterprise Value per Revenue stands at 1.507 whereas that against EBITDA is 19.316.

Stock Price History:

Over the past 52 weeks, VFC has reached a high of $23.09, while it has fallen to a 52-week low of $11.00. The 50-Day Moving Average of the stock is 12.37%, while the 200-Day Moving Average is calculated to be 35.46%.

Shares Statistics:

According to the various share statistics, VFC traded on average about 7.62M shares per day over the past 3-months and 11752830 shares per day over the past 10 days. A total of 388.84M shares are outstanding, with a floating share count of 367.14M. Insiders hold about 5.70% of the company’s shares, while institutions hold 96.87% stake in the company. Shares short for VFC as of 1728950400 were 42944787 with a Short Ratio of 5.64, compared to 1726185600 on 43041996. Therefore, it implies a Short% of Shares Outstanding of 42944787 and a Short% of Float of 14.08.

Dividends & Splits

The forward annual dividend rate for VFC is 0.36, which was 0.36 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.016759777The stock’s 5-year Average Dividend Yield is 4.46.

Earnings Estimates

The company has 17.0 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is -$0.13, with high estimates of $0.15 and low estimates of -$0.27.

Analysts are recommending an EPS of between $0.79 and $0.28 for the fiscal current year, implying an average EPS of $0.46. EPS for the following year is $0.93, with 17.0 analysts recommending between $1.63 and $0.6.

Revenue Estimates

For the next quarter, 17 analysts are estimating revenue of $2.26B. There is a high estimate of $2.38B for the next quarter, whereas the lowest estimate is $2.19B.

A total of 16 analysts have provided revenue estimates for VFC’s current fiscal year. The highest revenue estimate was $9.71B, while the lowest revenue estimate was $9.44B, resulting in an average revenue estimate of $9.55B. In the same quarter a year ago, actual revenue was $10.45BBased on 18 analysts’ estimates, the company’s revenue will be $9.84B in the next fiscal year. The high estimate is $10.2B and the low estimate is $9.5B.

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