Is V.F. Corporation (VFC) Good For Your Portfolio?

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V.F. Corporation (NYSE:VFC) saw a downside of -0.75% to close Tuesday at $30.26 after subtracting -$0.23 on the day. The 5-day average trading volume is 4,679,460 shares of the company’s common stock. It has gained $31.02 in the past week and touched a new high 1 time within the past 5 days. An average of 5,370,575 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 6,315,134.

VFC’s 1-month performance is 18.85% or $4.19 on its low of $25.70 reached on 12/28/22. The company’s shares have touched a 52-week low of $25.05 and high of $69.48, with the stock’s rally to the 52-week high happening on 01/17/23. YTD, VFC has achieved 9.60% or $2.65 and has reached a new high 8 times. However, the current price is down -56.45% from the 52-week high price.


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Insider Transactions

VFC stock investors last saw insider trading activity on Dec 13.Puckett Matthew H (EVP & Chief Financial Officer) most recently sold 677 shares at $49.87 per share on May 27. This transaction cost the insider $33,763.

Valuation Metrics

VFC stock has a beta of 1.42. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.97 while the price-to-book (PB) in the most recent quarter is 3.80.

V.F. Corporation’s quick ratio for the period ended September 29 was 0.50, with the current ratio over the same period at 1.10. As well, the company’s long term debt to equity for the quarter ending September 29 was 1.14, while the total debt to equity was 1.96.. In terms of profitability, the gross margin trailing 12 months is 53.40%. The firm’s gross profit as reported stood at $6.46 billion against revenue of $11.84 billion.

Earnings Surprise

For the quarterly period ending September 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 491.83% to -$118.43 million, while revenue of -$55.96 million was 52.75% off the previous quarter. Analysts expected VFC to announce $0.73 per share in earnings in its latest quarter, but it posted $0.73, representing a 0.00% surprise. EBITDA for the quarter stood at more than $487.51 million. VFC stock balance sheet for the quarter ending September 29 shows that total liabilities totaled 10.7 billion, with total debt at $7.07 billion. Shareholders hold equity totaling $388.57 million.

Let’s look briefly at V.F. Corporation (VFC) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 56.97% to suggest the stock is trending Neutral, with historical volatility in this time period at 43.79%.

The stock’s 5-day moving average is $29.71, reflecting a -1.14% or -$0.35 change from its current price. VFC is currently trading +15.45% above its 20-day SMA, -27.81% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +12.49% and SMA200 by-45.72%.

Stochastic %K and %D was 66.69% and 61.13% and the average true range (ATR) pointed at 1.10. The RSI (14) points at 55.26%, while the 14-day stochastic is at 68.35% with the period’s ATR at 1.13. The stock’s 9-day MACD Oscillator is pointing at -0.11 and 0.08 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for V.F. Corporation (NYSE: VFC), Robert W. Baird downgraded it to a Neutral rating. They previously had an Outperform rating on the stock. Analysts offering their rating for VFC stock have a consensus rating for the stock as Hold. Currently, 4 brokerage advisors rate VFC as a “sell,”, while 13 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 0 rates the stock as overweight while 6 have offered a “buy” rating.

What is VFC’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $23.00 and a high of $40.00, with their median price target at $28.50. Looking at these predictions, the average price target given by analysts is for V.F. Corporation (VFC) stock is $29.98.

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