After finishing at $14.78 in the prior trading day, VF Corp. (NYSE: VFC) closed at $14.39, down -2.64%. In other words, the price has decreased by -$0.39 from its previous closing price. On the day, 7506084 shares were traded.
Ratios:
Our goal is to gain a better understanding of VFC by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.66 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.99. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 26 ’24 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 ’24. The Director now owns 53,625 shares after completing the transaction at $15.53 per share. On Feb 13 ’24, 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 5.75B and an Enterprise Value of 12.10B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 2.65. Its current Enterprise Value per Revenue stands at 1.12 whereas that against EBITDA is 24.20.
Stock Price History:
Over the past 52 weeks, VFC has reached a high of $23.58, while it has fallen to a 52-week low of $12.85. The 50-Day Moving Average of the stock is 16.23, while the 200-Day Moving Average is calculated to be 17.71.
Shares Statistics:
The stock has traded on average 8.43M shares per day over the past 3-months and 9.36M shares per day over the last 10 days, according to various share statistics. A total of 388.67M shares are outstanding, with a floating share count of 366.49M. Insiders hold about 5.74% of the company’s shares, while institutions hold 87.69% stake in the company. Shares short for VFC as of Feb 29, 2024 were 32M with a Short Ratio of 3.79, compared to 29M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 8.23% and a Short% of Float of 9.26%.
Dividends & Splits
In the trailing 12 months, VFC’s forward annual dividend rate was 0.99, compared to 0.78 this year. Against a Trailing Annual Dividend Yield of 6.70%, it implies a Forward Annual Dividend Yield of 2.50%. 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
Its stock is currently analyzed by 19 different market analysts. 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
19 analysts predict $2.43B in revenue for the current 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.
