VF Corporation (NYSE:VFC – Get Free Report) was the recipient of unusually large options trading activity on Tuesday. Investors acquired 21,123 call options on the company. This is an increase of 60% compared to the typical volume of 13,237 call options.
VF Price Performance
Shares of NYSE:VFC opened at $15.88 on Wednesday. VF has a 1-year low of $11.00 and a 1-year high of $29.02. The firm has a market capitalization of $6.18 billion, a PE ratio of -13.34, a PEG ratio of 6.77 and a beta of 1.46. The business’s 50 day moving average is $23.35 and its 200-day moving average is $21.17. The company has a current ratio of 1.56, a quick ratio of 1.00 and a debt-to-equity ratio of 2.31.
VF (NYSE:VFC – Get Free Report) last announced its quarterly earnings data on Wednesday, January 29th. The textile maker reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.28. VF had a positive return on equity of 14.86% and a negative net margin of 4.63%. During the same quarter last year, the firm posted $0.57 EPS. Sell-side analysts predict that VF will post 0.73 earnings per share for the current year.
VF Dividend Announcement
Institutional Trading of VF
Institutional investors have recently bought and sold shares of the stock. CKW Financial Group boosted its stake in VF by 29.4% in the 4th quarter. CKW Financial Group now owns 2,200 shares of the textile maker’s stock valued at $47,000 after buying an additional 500 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its stake in VF by 100.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 6,017 shares of the textile maker’s stock valued at $129,000 after buying an additional 3,008 shares in the last quarter. TB Alternative Assets Ltd. acquired a new stake in VF in the 4th quarter valued at $1,878,000. Fiduciary Alliance LLC boosted its stake in VF by 6.8% in the fourth quarter. Fiduciary Alliance LLC now owns 256,531 shares of the textile maker’s stock worth $5,505,000 after purchasing an additional 16,431 shares in the last quarter. Finally, Segall Bryant & Hamill LLC boosted its stake in VF by 1.8% in the third quarter. Segall Bryant & Hamill LLC now owns 3,663,341 shares of the textile maker’s stock worth $73,084,000 after purchasing an additional 65,919 shares in the last quarter. Institutional investors and hedge funds own 86.84% of the company’s stock.
Analyst Ratings Changes
A number of research firms have weighed in on VFC. Robert W. Baird upped their price objective on shares of VF from $23.00 to $28.00 and gave the company a “neutral” rating in a research report on Thursday, January 30th. Argus raised shares of VF from a “hold” rating to a “buy” rating and set a $25.00 price objective for the company in a research report on Tuesday, December 17th. Guggenheim upped their price objective on shares of VF from $25.00 to $27.00 and gave the company a “buy” rating in a research report on Wednesday, December 11th. Telsey Advisory Group reissued a “market perform” rating and issued a $27.00 price objective on shares of VF in a research report on Friday, March 7th. Finally, The Goldman Sachs Group upped their price objective on shares of VF from $22.00 to $25.00 and gave the company a “neutral” rating in a research report on Thursday, January 30th. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $22.90.
Read Our Latest Stock Report on VFC
VF Company Profile
VF Corp. engages in the business of producing and marketing apparel, footwear, and accessories. It operates through the following segments: Outdoor, Active, Work, and Other. The Outdoor segment includes authentic outdoor-based lifestyle brands such as performance-based and outdoor apparel, footwear, and equipment.
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