VF (NYSE:VFC)‘s stock had its “outperform” rating reiterated by investment analysts at Telsey Advisory Group in a research note issued on Monday. They currently have a $88.00 price objective on the textile maker’s stock, down from their prior price objective of $107.00. Telsey Advisory Group’s price objective would suggest a potential upside of 22.89% from the stock’s previous close.

VFC has been the topic of a number of other research reports. ValuEngine cut shares of VF from a “buy” rating to a “hold” rating in a research note on Friday, January 4th. Buckingham Research dropped their price target on shares of VF from $89.00 to $86.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 17th. Wells Fargo & Co decreased their price objective on VF from $90.00 to $85.00 and set a “market perform” rating on the stock in a report on Wednesday, January 2nd. Deutsche Bank lowered VF from a “buy” rating to a “hold” rating and decreased their price objective for the company from $104.00 to $76.00 in a report on Friday. Finally, Royal Bank of Canada decreased their price objective on VF to $88.00 and set an “outperform” rating on the stock in a report on Tuesday, October 23rd. Nine analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $93.25.

VF stock traded up $0.15 during trading on Monday, reaching $71.61. The company had a trading volume of 37,515 shares, compared to its average volume of 2,087,752. VF has a 1-year low of $67.18 and a 1-year high of $97.00. The stock has a market capitalization of $29.67 billion, a P/E ratio of 24.03, a P/E/G ratio of 1.82 and a beta of 1.01. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.90 and a current ratio of 1.54.

VF (NYSE:VFC) last released its quarterly earnings results on Friday, October 19th. The textile maker reported $1.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.33 by $0.10. VF had a net margin of 6.20% and a return on equity of 37.08%. The firm had revenue of $3.91 billion for the quarter, compared to analysts’ expectations of $3.87 billion. During the same quarter last year, the company earned $1.23 EPS. The firm’s revenue for the quarter was up 15.2% compared to the same quarter last year. Sell-side analysts predict that VF will post 3.68 EPS for the current year.

In related news, Director Richard Carucci acquired 5,000 shares of VF stock in a transaction that occurred on Wednesday, October 24th. The shares were purchased at an average cost of $78.65 per share, for a total transaction of $393,250.00. Following the acquisition, the director now owns 48,190 shares in the company, valued at $3,790,143.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 1.72% of the stock is currently owned by insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VFC. IMS Capital Management acquired a new position in VF in the 3rd quarter valued at about $116,000. Centaurus Financial Inc. acquired a new position in VF in the 2nd quarter valued at about $119,000. NEXT Financial Group Inc acquired a new position in VF in the 3rd quarter valued at about $169,000. Garrison Financial Corp acquired a new position in VF in the 3rd quarter valued at about $202,000. Finally, First Hawaiian Bank grew its position in shares of VF by 7.4% during the fourth quarter. First Hawaiian Bank now owns 2,850 shares of the textile maker’s stock worth $203,000 after buying an additional 197 shares in the last quarter. 83.55% of the stock is owned by institutional investors.

VF Company Profile

V.F. Corporation engages in the design, production, 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 four segments: Outdoor & Action Sports, Jeanswear, Imagewear, and Other.

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Analyst Recommendations for VF (NYSE:VFC)

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