Zacks Research Comments on V.F.’s Q2 Earnings (NYSE:VFC)

V.F. Corporation (NYSE:VFC) – Zacks Research cut their Q2 2027 earnings per share estimates for V.F. in a report issued on Wednesday, June 3rd. Zacks Research analyst Team now forecasts that the textile maker will post earnings of $0.54 per share for the quarter, down from their prior forecast of $0.57. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for V.F.’s current full-year earnings is $1.14 per share. Zacks Research also issued estimates for V.F.’s Q3 2027 earnings at $0.62 EPS, Q4 2027 earnings at $0.10 EPS, FY2027 earnings at $1.05 EPS, Q2 2028 earnings at $0.62 EPS, Q3 2028 earnings at $0.81 EPS, Q4 2028 earnings at $0.06 EPS, FY2028 earnings at $1.35 EPS and FY2029 earnings at $2.05 EPS.

A number of other research firms also recently weighed in on VFC. Citigroup began coverage on V.F. in a research note on Thursday, May 21st. They issued a “neutral” rating and a $18.00 price target on the stock. Weiss Ratings cut V.F. from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, May 22nd. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $18.00 price objective (down from $19.00) on shares of V.F. in a report on Monday, February 23rd. Wall Street Zen raised V.F. from a “hold” rating to a “buy” rating in a report on Sunday, March 22nd. Finally, Truist Financial reduced their price objective on V.F. from $18.00 to $15.00 and set a “hold” rating for the company in a report on Thursday, May 21st. Two investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $18.58.

V.F. Stock Down 1.7%

V.F. stock opened at $16.43 on Thursday. The company has a debt-to-equity ratio of 1.90, a current ratio of 1.84 and a quick ratio of 1.21. V.F. has a 1-year low of $11.06 and a 1-year high of $22.27. The company has a market cap of $6.44 billion, a PE ratio of 25.67, a price-to-earnings-growth ratio of 1.30 and a beta of 1.57. The stock’s 50 day moving average price is $17.96 and its 200 day moving average price is $18.36.

V.F. (NYSE:VFC) last posted its quarterly earnings results on Wednesday, May 20th. The textile maker reported ($0.30) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.28). V.F. had a net margin of 2.65% and a return on equity of 21.05%. The business had revenue of $2.17 billion during the quarter, compared to analysts’ expectations of $2.13 billion. During the same quarter last year, the firm earned ($0.13) earnings per share. The firm’s quarterly revenue was up 1.1% compared to the same quarter last year.

Hedge Funds Weigh In On V.F.

Institutional investors have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC increased its stake in V.F. by 59.7% in the third quarter. EverSource Wealth Advisors LLC now owns 2,748 shares of the textile maker’s stock valued at $40,000 after purchasing an additional 1,027 shares during the last quarter. Parallel Advisors LLC increased its stake in V.F. by 27.9% in the first quarter. Parallel Advisors LLC now owns 2,694 shares of the textile maker’s stock valued at $46,000 after purchasing an additional 588 shares during the last quarter. Root Financial Partners LLC grew its position in V.F. by 282.9% during the first quarter. Root Financial Partners LLC now owns 3,052 shares of the textile maker’s stock valued at $52,000 after acquiring an additional 2,255 shares during the period. Rothschild Investment LLC grew its position in V.F. by 705.8% during the third quarter. Rothschild Investment LLC now owns 3,747 shares of the textile maker’s stock valued at $54,000 after acquiring an additional 3,282 shares during the period. Finally, GAMMA Investing LLC grew its position in V.F. by 30.5% during the fourth quarter. GAMMA Investing LLC now owns 10,987 shares of the textile maker’s stock valued at $199,000 after acquiring an additional 2,570 shares during the period. 86.84% of the stock is currently owned by institutional investors and hedge funds.

V.F. Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Wednesday, June 10th will be paid a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 2.2%. The ex-dividend date is Wednesday, June 10th. V.F.’s dividend payout ratio is presently 56.25%.

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.