VF Corp (NYSE:VFC) has a beta value of 1.49 and has seen 8.31 million shares traded in the recent trading session. The company, currently valued at $10.44B, closed the recent trade at $26.83 per share which meant it gained $0.24 on the day or 0.90% during that session. The VFC stock price is -0.56% off its 52-week high price of $26.98 and 59.0% above the 52-week low of $11.00. If we look at the company’s 10-day average daily trading volume, we find that it stood at 6.16 million shares traded. The 3-month trading volume is 6.14 million shares.
The consensus among analysts is that VF Corp (VFC) is Hold stock at the moment, with a recommendation rating of 2.83. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 9 out of 18 have rated it as a Hold, with 8 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.13.
VF Corp (NYSE:VFC) trade information
Sporting 0.90% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the VFC stock price touched $26.83 or saw a rise of 7.55%. Year-to-date, VF Corp shares have moved 25.02%, while the 5-day performance has seen it change 6.80%. Over the past 30 days, the shares of VF Corp (NYSE:VFC) have changed 21.29%. Short interest in the company has seen 24.98 million shares shorted with days to cover at 4.41.
Wall Street analysts have a consensus price target for the stock at $20, which means that the shares’ value could drop -34.15% from the levels at last check today. The projected low price target is $10.0 while the price target rests at a high of $25.0. In that case, then, we find that the latest price level in today’s session is 6.82% off the targeted high while a plunge would see the stock lose 62.73% from the levels at last check today.
VF Corp (VFC) estimates and forecasts
Figures show that VF Corp shares have underperformed across the wider relevant industry. The company’s shares have gained 64.19% over the past 6 months, with this year growth rate of -33.78%, compared to 1.00% for the industry. Revenue growth from the last financial year stood is estimated to be -8.65%.
18 analysts offering their estimates for the company have set an average revenue estimate of 2.26B for the current quarter. 11 have an estimated revenue figure of 1.81B for the next ending quarter. Year-ago sales stood 2.37B and 1.91B respectively for this quarter and the next, and analysts expect sales will shrink by -4.90% for the current quarter and -8.65% for the next.
Earnings growth for 2025 is a modest -37.82% while over the next 5 years, the company’s earnings are expected to increase by 23.79%.
VFC Dividends
VF Corp is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.36 at a share yield of 1.34%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 4.45%.
VF Corp (NYSE:VFC)’s Major holders
Insiders own 0.35% of the company shares, while shares held by institutions stand at 97.38% with a share float percentage of 97.72%. Investors are also buoyed by the number of investors in a company, with VF Corp having a total of 709.0 institutions that hold shares in the company. The top two institutional holders are PNC FINANCIAL SERVICES GROUP, INC. with over 76.12 million shares worth more than $1.03 billion. As of 2024-06-30, PNC FINANCIAL SERVICES GROUP, INC. held 19.5997% of shares outstanding.
The other major institutional holder is DODGE & COX, with the holding of over 42.56 million shares as of 2024-06-30. The firm’s total holdings are worth over $574.52 million and represent 10.9581% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Dodge & Cox Stock Fund and iShares Core S&P Smallcap ETF. As of Sep 30, 2024, the former fund manager holds about 7.04% shares in the company for having 27.4 shares of worth $718.2 million while later fund manager owns 21.41 shares of worth $561.27 million as of Nov 30, 2024, which makes it owner of about 5.50% of company’s outstanding stock.
