V.F. Corporation (NYSE:VFC) finished Wednesday with a subtraction of -$1.23 to close at $37.16, a downside of -3.20 percent. An average of 4,732,260 shares of common stock have been traded in the last five days. There was a fall of -$3.93 in the past week, and it reached a new high 18 times over the past 12 months. The last 20 days have seen an average of 3,304,170 shares traded, while the 50-day average volume stands at 3,164,872.
VFC stock has decreased by -13.86% in the last month. The company shares reached their 1-month lowest point of $37.15 on 09/21/22. With the stock rallying to its 52-week high on 01/05/22, shares of the company touched a low of $38.06 and a high of $78.91 in 52 weeks. It has reached a new high 3 times so far this year and lost -49.25% or -$36.06 in price. In spite of this, the price is down -52.91% from the 52-week high.
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118 days have passed since V.F. Corporation (VFC) last reported insider trading activity. Puckett Matthew H, who is EVP & Chief Financial Officer, most recently acquired $677 shares at $49.87 per share on May 27. In this transaction, the insider spent $33,763. Director, Lang Laura W, disposed of 7,429 shares at a price of $76.40 on Dec 09. The insider now owns more than $567,576 worth of shares.
V.F. Corporation (VFC) has a trailing price-to-earnings (P/E) ratio of 14.52. The stock’s beta is 1.37. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.24, the price-to-book (PB) ratio at 4.30.
The company has a payout ratio of 77.30%. The company’s most recent quarterly dividend payment was $0.50 a share, without any change from last year. Its latest increase dividend $0.01 reported on Friday October 22 2021.
The quick ratio of V.F. Corporation for the three months ended June 29 was 0.70, and the current ratio was 1.30, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 1.33 and a total debt to equity ratio of 1.58 for the quarter ending June 29. Its gross profit as reported stood at $6.46 billion compared to revenue of $11.84 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, V.F. Corporation’s return on assets was 7.50%.
For the three-month period that ended June 29, V.F. Corporation had $4.47 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$55.96 million in the quarter, while revenues were grew 679.43%. The analyst consensus anticipated V.F. Corporation’s latest quarter earnings to come in at $0.13 per share, but it turned out to be $0.09, a -30.80% surprise. For the quarter, EBITDA amounted to $223.45 million. Shareholders own equity worth $388.5 million.
From a technical analysis perspective, let’s take a brief look at V.F. Corporation (VFC) price momentum. RSI 9-day as of the close on 21 September was 25.63%, suggesting the stock is oversold, with historical volatility in this time frame at 39.57%.
As of today, VFC’s price is $39.29 -9.56% or -$3.93 from its 5-day moving average. VFC is currently trading -14.40% lower than its 20-day SMA and -30.19% lower than its 100-day SMA. However, the stock’s current price level is -17.86% below the SMA50 and -50.13% below the SMA200.
The stochastic %K and %D were 9.51% and 11.64%, respectively, and the average true range (ATR) was 1.58. With the 14-day stochastic at 0.13% and the average true range at 1.53, the RSI (14) stands at 30.23%. The stock has reached -2.06 on the 9-day MACD Oscillator while the 14-day reading was at -2.33.
Cowen downgraded V.F. Corporation (NYSE: VFC) to a a Market perform rating in its most recent analyst report. Previously, the stock was rated as an Outperform. The consensus rating for V.F. Corporation (VFC) among analysts is Hold. According to current brokerage recommendations, 1 brokerage firm advise that investors sell VFC, while 14 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 7 others rate it as a “buy”.
What is VFC’s price target for the next 12 months?
Analysts predict a range of price targets between $35.00 and $85.00, with a median target of $50.00. Taking a look at these predictions, the average price target given by analysts for V.F. Corporation (VFC) stock is $51.65.