In the latest trading session, 0.72 million VF Corp (NYSE:VFC) shares changed hands as the company’s beta touched 1.57. With the company’s most recent per share price at $16.06 changed hands at -$0.38 or -2.31% at last look, the market valuation stands at $6.26B. VFC’s current price is a discount, trading about -80.7% off its 52-week high of $29.02. The share price had its 52-week low at $11.00, which suggests the last value was 31.51% up since then. When we look at VF Corp’s average trading volume, we note the 10-day average is 9.55 million shares, with the 3-month average coming to 6.26 million.
Analysts gave the VF Corp (VFC) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.83. If we narrow down to specifics, the data shows that 1 out of 18 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 9 recommended VFC as a Hold, 8 felt it is a Buy and 0 rated the stock as Underweight. VF Corp’s EPS for the current quarter is expected to be -0.14.
VF Corp (NYSE:VFC) trade information
Instantly VFC was in red as seen in intraday trades today. With action -7.33%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -25.16%, with the 5-day performance at -7.33% in the red. However, in the 30-day time frame, VF Corp (NYSE:VFC) is -37.24% down. Looking at the short shares, we see there were 22.76 million shares sold at short interest cover period of 3.98 days.
The consensus price target for the stock as assigned by Wall Street analysts is 21, meaning bulls need an upside of 23.52% from its recent market value. According to analyst projections, VFC’s forecast low is 10 with 25 as the target high. To hit the forecast high, the stock’s price needs a -55.67% plunge from its current level, while the stock would need to tank 37.73% for it to hit the projected low.
VF Corp (VFC) estimates and forecasts
Year-over-year growth is forecast to reach -8.60% down from the last financial year.
Consensus estimates given by 20 financial analysts project the company’s revenue in the current quarter to hit an average of 2.17B. 12 analysts are of the opinion that VF Corp’s revenue for the current quarter will be 1.76B. The company’s revenue for the corresponding quarters a year ago was 2.37B and 1.91B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -8.42%. The estimates for the next quarter sales put growth at -7.79%.
VFC Dividends
VF Corp is expected to release its next quarterly earnings report on 2025-Jan-28. The 2.24% annual yield figure for the share gives it an annual dividend of 0.36. It is important to note, however, that the 2.24% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 4.41 per year.
VF Corp (NYSE:VFC)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.34% of VF Corp shares while 97.98% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 98.32%. There are 97.98% institutions holding the VF Corp stock share, with PNC FINANCIAL SERVICES GROUP, INC. the top institutional holder. As of 2024-06-30, the company held 19.5997% of the shares, roughly 76.12 million VFC shares worth $1.03 billion.
DODGE & COX holds the second largest percentage of outstanding shares, with 10.9473% or 42.56 million shares worth $574.52 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Dodge & Cox Stock Fund and iShares Core S&P Smallcap ETF. With 27.37 shares estimated at $437.72 million under it, the former controlled 7.03% of total outstanding shares. On the other hand, iShares Core S&P Smallcap ETF held about 5.46% of the shares, roughly 21.26 shares worth around $340.01 million.
