V.F. (NYSE:VFC – Get Free Report) was upgraded by JPMorgan Chase & Co. from an “underweight” rating to a “neutral” rating in a research note issued to investors on Friday, Marketbeat reports. The firm currently has a $18.00 price objective on the textile maker’s stock. JPMorgan Chase & Co.‘s price target points to a potential upside of 12.23% from the stock’s current price.
A number of other equities analysts have also commented on VFC. Deutsche Bank Aktiengesellschaft initiated coverage on shares of V.F. in a research report on Thursday, September 17th. They issued a “hold” rating and a $14.00 price objective for the company. Telsey Advisory Group cut their price objective on shares of V.F. from $20.00 to $17.00 and set a “market perform” rating for the company in a research report on Thursday, July 30th. UBS Group cut their price objective on shares of V.F. from $18.00 to $16.00 and set a “neutral” rating for the company in a research report on Thursday, July 30th. Evercore set a $16.00 price objective on shares of V.F. in a research report on Thursday, July 30th. Finally, The Goldman Sachs Group cut their price objective on shares of V.F. from $18.00 to $16.00 and set a “neutral” rating for the company in a research report on Thursday, July 30th. Three investment analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $17.92.
Get Our Latest Analysis on VFC
V.F. Price Performance
Shares of NYSE:VFC opened at $16.04 on Friday. The company has a quick ratio of 0.78, a current ratio of 1.43 and a debt-to-equity ratio of 1.70. The firm has a market capitalization of $6.31 billion, a PE ratio of 23.24, a P/E/G ratio of 0.84 and a beta of 1.56. V.F. has a twelve month low of $12.45 and a twelve month high of $22.27. The company has a 50-day moving average price of $13.99 and a two-hundred day moving average price of $16.19.
V.F. (NYSE:VFC – Get Free Report) last issued its earnings results on Wednesday, July 29th. The textile maker reported ($0.27) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.22) by ($0.05). The business had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.64 billion. V.F. had a return on equity of 18.91% and a net margin of 2.88%. V.F.’s revenue for the quarter was down 5.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.24) EPS. Equities analysts forecast that V.F. will post 1.08 EPS for the current year.
Insider Buying and Selling at V.F.
In other news, Director Richard Carucci bought 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 13th. The shares were bought at an average cost of $14.73 per share, with a total value of $294,600.00. Following the completion of the purchase, the director directly owned 356,215 shares in the company, valued at $5,247,046.95. This represents a 5.95% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. Also, insider Bracken Darrell bought 32,894 shares of the firm’s stock in a transaction that occurred on Friday, July 31st. The stock was purchased at an average cost of $14.98 per share, for a total transaction of $492,752.12. Following the completion of the purchase, the insider owned 1,402,109 shares of the company’s stock, valued at $21,003,592.82. This trade represents a 2.40% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 1.54% of the stock is owned by insiders.
Institutional Trading of V.F.
A number of hedge funds have recently modified their holdings of VFC. Parallel Advisors LLC lifted its stake in shares of V.F. by 27.9% in the 1st quarter. Parallel Advisors LLC now owns 2,694 shares of the textile maker’s stock worth $46,000 after purchasing an additional 588 shares during the period. Root Financial Partners LLC lifted its stake in shares of V.F. by 282.9% in the 1st quarter. Root Financial Partners LLC now owns 3,052 shares of the textile maker’s stock worth $52,000 after purchasing an additional 2,255 shares during the period. IFP Advisors Inc lifted its stake in shares of V.F. by 27.3% in the 2nd quarter. IFP Advisors Inc now owns 6,682 shares of the textile maker’s stock worth $111,000 after purchasing an additional 1,431 shares during the period. Versant Capital Management Inc lifted its stake in shares of V.F. by 213.7% in the 2nd quarter. Versant Capital Management Inc now owns 8,078 shares of the textile maker’s stock worth $135,000 after purchasing an additional 5,503 shares during the period. Finally, Sequoia Financial Advisors LLC bought a new position in shares of V.F. in the 2nd quarter worth approximately $171,000. Institutional investors own 86.84% of the company’s stock.
V.F. News Roundup
Here are the key news stories impacting V.F. this week:
- Positive Sentiment: Truist upgrade: Truist Financial raised VFC from “hold” to “strong-buy” and assigned a $20 price target, implying substantial upside from the referenced share price. The upgrade reflects increased confidence in the company’s recovery potential. Truist upgrades V.F. Corporation
- Positive Sentiment: Additional analyst support: Piper Sandler upgraded VFC to “overweight” from “neutral,” while Barclays highlighted the stock as undervalued as its turnaround progresses. These calls reinforce the bullish case and likely contributed to recent buying interest. Piper Sandler upgrades V.F. Corporation
- Positive Sentiment: Improving market momentum: VFC recently gained on above-average volume, and earnings-estimate revisions are trending favorably, suggesting investors may expect further strength. JPMorgan also upgraded the stock from “underweight” to “neutral,” reducing a significant source of bearish pressure. Zacks discusses V.F. Corporation momentum
- Neutral Sentiment: Mixed analyst consensus: Stifel Nicolaus maintained its “hold” rating, and other sell-side coverage still characterizes VFC as a hold. This indicates that confidence in the turnaround is improving but remains uneven across Wall Street. Stifel maintains hold rating on V.F. Corporation
- Negative Sentiment: Fundamental risks remain: VFC’s latest quarterly revenue declined year over year, while adjusted earnings missed expectations. The company also carries elevated leverage, meaning the positive analyst outlook depends on successfully improving operations and reducing financial pressure.
V.F. Company Profile
V.F. Corporation (NYSE: VFC) is a global apparel, footwear and accessories company. Its portfolio includes well-known outdoor, active and workwear brands such as The North Face, Vans, Timberland and Dickies, which offer products ranging from outdoor clothing and hiking footwear to casual apparel, skate shoes and workwear.
The company sells its products through wholesale customers, brand-operated stores, e-commerce platforms and other digital channels. V.F. serves consumers in markets worldwide, with operations and distribution spanning North America, Europe, Asia-Pacific and other international regions.
Founded in 1899 as a manufacturer of gloves and mittens, the company later expanded into apparel and became known as Vanity Fair Mills before adopting the V.F.
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