V.F. (NYSE:VFC) Rating Lowered to “Hold” at Zacks Research

V.F. (NYSE:VFC) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

VFC has been the subject of a number of other research reports. Wall Street Zen upgraded V.F. from a “hold” rating to a “buy” rating in a research note on Sunday, March 22nd. Argus raised shares of V.F. to a “strong-buy” rating in a report on Wednesday, February 11th. Stifel Nicolaus increased their price target on shares of V.F. from $18.00 to $19.00 and gave the company a “hold” rating in a report on Thursday, January 29th. Barclays lowered their price target on shares of V.F. from $25.00 to $24.00 and set an “overweight” rating for the company in a report on Thursday, May 21st. Finally, Telsey Advisory Group set a $20.00 price target on shares of V.F. in a report on Thursday, January 29th. Two research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, V.F. currently has a consensus rating of “Hold” and a consensus target price of $18.58.

V.F. Trading Down 0.2%

Shares of VFC stock opened at $16.66 on Monday. V.F. has a 52-week low of $11.06 and a 52-week high of $22.27. The company has a debt-to-equity ratio of 1.90, a quick ratio of 1.21 and a current ratio of 1.84. The firm has a market capitalization of $6.53 billion, a PE ratio of 26.03, a PEG ratio of 1.32 and a beta of 1.62. The stock has a fifty day simple moving average of $17.89 and a two-hundred day simple moving average of $18.27.

V.F. (NYSE:VFC) last issued its quarterly earnings results on Wednesday, May 20th. The textile maker reported ($0.30) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.28). V.F. had a return on equity of 21.05% and a net margin of 2.65%.The business had revenue of $2.17 billion during the quarter, compared to analysts’ expectations of $2.13 billion. During the same quarter in the previous year, the company posted ($0.13) EPS. The company’s quarterly revenue was up 1.1% on a year-over-year basis. On average, analysts predict that V.F. will post 1.12 EPS for the current fiscal year.

Hedge Funds Weigh In On V.F.

A number of institutional investors have recently modified their holdings of the stock. Essential Partners LLC increased its position in shares of V.F. by 14.3% during the first quarter. Essential Partners LLC now owns 54,167 shares of the textile maker’s stock worth $920,000 after acquiring an additional 6,777 shares during the period. Arkadios Wealth Advisors increased its position in shares of V.F. by 6.7% during the first quarter. Arkadios Wealth Advisors now owns 77,213 shares of the textile maker’s stock worth $1,312,000 after acquiring an additional 4,845 shares during the period. EverSource Wealth Advisors LLC increased its position in shares of V.F. by 125.7% during the first quarter. EverSource Wealth Advisors LLC now owns 15,604 shares of the textile maker’s stock worth $265,000 after acquiring an additional 8,689 shares during the period. Entropy Technologies LP purchased a new position in shares of V.F. during the first quarter worth approximately $815,000. Finally, Parallel Advisors LLC increased its position in shares of V.F. by 27.9% during the first quarter. Parallel Advisors LLC now owns 2,694 shares of the textile maker’s stock worth $46,000 after acquiring an additional 588 shares during the period. 86.84% of the stock is owned by hedge funds and other institutional investors.

V.F. News Summary

Here are the key news stories impacting V.F. this week:

• Positive Sentiment: Jim Cramer described V.F. Corporation as a possible “fantastic buying opportunity,” which can support investor sentiment around the stock. Jim Cramer Highlights a Possible “Fantastic Buying Opportunity” in V.F. Corporation
• Positive Sentiment: Zacks said V.F. is a strong value stock, reinforcing the idea that the shares may be undervalued relative to fundamentals. Here’s Why V.F. (VFC) is a Strong Value Stock
• Neutral Sentiment: Recent analysis pointed investors toward V.F.’s international revenue trends, suggesting the market is still weighing growth visibility and demand outside the U.S. Don’t Overlook V.F. (VFC) International Revenue Trends While Assessing the Stock
• Neutral Sentiment: A broader apparel sector roundup noted Ralph Lauren’s strong earnings move, keeping attention on relative performance across apparel names, including V.F. Corporation. Apparel Earnings Winners and Losers: Ralph Lauren Takes Off (VFC)
• Negative Sentiment: V.F. still faces skepticism after its last earnings report, where EPS missed estimates, which may be limiting upside despite revenue coming in slightly above expectations.

V.F. Company Profile

VF Corporation, commonly branded as VF, is a global apparel and footwear company that develops, markets and distributes a diverse portfolio of consumer brands. Its offerings span outdoor and action sports apparel, footwear and accessories under marquee names such as The North Face, Vans, Timberland, Dickies, JanSport and Smartwool. Through a “house of brands” strategy, VF leverages the unique heritage and design expertise of each label to serve distinct lifestyle and performance segments.

Founded in 1899 in Pennsylvania as the Reading Glove and Mitten Manufacturing Company, VF evolved through a series of acquisitions and strategic expansions to become a leading player in the global apparel industry.