V.F. (NYSE:VFC) Given Buy Rating at Stifel Nicolaus

Stifel Nicolaus reiterated their buy rating on shares of V.F. (NYSE:VFCFree Report) in a research note issued to investors on Tuesday, Benzinga reports. They currently have a $22.00 target price on the textile maker’s stock.

A number of other brokerages have also recently issued reports on VFC. Williams Trading reiterated a sell rating on shares of V.F. in a report on Thursday, January 25th. Telsey Advisory Group reiterated an outperform rating and set a $22.00 target price on shares of V.F. in a report on Tuesday, January 30th. UBS Group reduced their price target on V.F. from $19.00 to $18.00 and set a neutral rating on the stock in a research report on Monday, February 5th. StockNews.com raised V.F. from a sell rating to a hold rating in a research report on Thursday, February 8th. Finally, Wedbush reduced their price target on V.F. from $16.50 to $15.50 and set a neutral rating on the stock in a research report on Wednesday, February 7th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, V.F. currently has a consensus rating of Hold and a consensus target price of $17.97.

Check Out Our Latest Stock Report on VFC

V.F. Stock Down 7.8 %

VFC opened at $12.11 on Tuesday. The company has a debt-to-equity ratio of 2.25, a current ratio of 1.23 and a quick ratio of 0.70. The stock has a market capitalization of $4.71 billion, a price-to-earnings ratio of -6.15, a price-to-earnings-growth ratio of 1.47 and a beta of 1.47. The business has a 50-day moving average of $15.30 and a two-hundred day moving average of $16.46. V.F. has a 12 month low of $12.02 and a 12 month high of $23.58.

V.F. (NYSE:VFCGet Free Report) last posted its quarterly earnings results on Tuesday, February 6th. The textile maker reported $0.57 EPS for the quarter, missing the consensus estimate of $0.79 by ($0.22). V.F. had a negative net margin of 7.07% and a positive return on equity of 19.03%. The business had revenue of $2.96 billion during the quarter, compared to analysts’ expectations of $3.24 billion. During the same quarter last year, the firm earned $1.12 EPS. The firm’s quarterly revenue was down 16.2% compared to the same quarter last year. On average, research analysts expect that V.F. will post 1.11 earnings per share for the current year.

V.F. Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 20th. Investors of record on Monday, March 11th were given a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 2.97%. The ex-dividend date of this dividend was Friday, March 8th. V.F.’s dividend payout ratio is currently -18.27%.

Insider Activity at V.F.

In other news, Director Juliana L. Chugg purchased 11,301 shares of the company’s stock in a transaction that occurred on Monday, February 12th. The shares were acquired at an average cost of $17.55 per share, with a total value of $198,332.55. Following the transaction, the director now owns 26,301 shares in the company, valued at approximately $461,582.55. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, Director Juliana L. Chugg purchased 11,301 shares of the company’s stock in a transaction that occurred on Monday, February 12th. The shares were acquired at an average cost of $17.55 per share, with a total value of $198,332.55. Following the transaction, the director now owns 26,301 shares in the company, valued at approximately $461,582.55. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Bracken Darrell purchased 65,360 shares of the company’s stock in a transaction that occurred on Friday, February 9th. The shares were purchased at an average cost of $15.38 per share, for a total transaction of $1,005,236.80. Following the completion of the transaction, the insider now owns 144,281 shares in the company, valued at approximately $2,219,041.78. The disclosure for this purchase can be found here. Corporate insiders own 0.60% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. Northwest Investment Counselors LLC bought a new position in V.F. during the 1st quarter worth $39,000. FCF Advisors LLC bought a new position in V.F. during the first quarter valued at about $759,000. &PARTNERS purchased a new stake in shares of V.F. during the first quarter valued at $255,000. Partnership Wealth Management LLC lifted its holdings in shares of V.F. by 0.7% during the first quarter. Partnership Wealth Management LLC now owns 158,634 shares of the textile maker’s stock valued at $2,433,000 after purchasing an additional 1,170 shares during the last quarter. Finally, Mather Group LLC. purchased a new stake in shares of V.F. during the first quarter valued at $27,000. 86.84% of the stock is currently owned by institutional investors.

V.F. Company Profile

(Get Free Report)

V.F. Corporation, together with its subsidiaries, engages in the design, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and related products for men, women, and children in the Americas, Europe, and the Asia-Pacific. It operates through three segments: Outdoor, Active, and Work.

Further Reading

Analyst Recommendations for V.F. (NYSE:VFC)

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