VF's (VFC) Market Perform Rating Reiterated at Telsey Advisory Group

VF (NYSE:VFC - Get Free Report)'s stock had its "market perform" rating reissued by Telsey Advisory Group in a research note issued on Friday,Benzinga reports. They currently have a $27.00 target price on the textile maker's stock. Telsey Advisory Group's price objective points to a potential upside of 55.93% from the company's previous close.

A number of other equities research analysts also recently commented on the company. The Goldman Sachs Group increased their price objective on VF from $22.00 to $25.00 and gave the company a "neutral" rating in a research report on Thursday, January 30th. Truist Financial reaffirmed a "hold" rating and set a $24.00 target price (up from $20.00) on shares of VF in a report on Thursday, January 30th. UBS Group lifted their price target on VF from $24.00 to $28.00 and gave the stock a "neutral" rating in a research note on Thursday, January 30th. Barclays upped their price objective on shares of VF from $29.00 to $34.00 and gave the company an "overweight" rating in a research note on Thursday, January 30th. Finally, Robert W. Baird lifted their target price on shares of VF from $23.00 to $28.00 and gave the stock a "neutral" rating in a research report on Thursday, January 30th. Two investment 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. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $22.90.

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VF Price Performance

VFC stock traded down $0.09 during trading hours on Friday, hitting $17.32. 12,999,664 shares of the stock traded hands, compared to its average volume of 6,239,160. The stock has a 50-day simple moving average of $23.94 and a 200 day simple moving average of $21.23. The company has a market cap of $6.75 billion, a P/E ratio of -14.55, a P/E/G ratio of 6.77 and a beta of 1.46. VF has a one year low of $11.00 and a one year high of $29.02. 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 (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.28. VF had a negative net margin of 4.63% and a positive return on equity of 14.86%. During the same period in the previous year, the company posted $0.57 EPS. Equities analysts forecast that VF will post 0.73 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. CKW Financial Group grew its position in shares of VF by 29.4% in the fourth quarter. CKW Financial Group now owns 2,200 shares of the textile maker's stock valued at $47,000 after purchasing an additional 500 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its holdings 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 during the last quarter. TB Alternative Assets Ltd. acquired a new stake in VF in the 4th quarter valued at approximately $1,878,000. Fiduciary Alliance LLC increased its position in VF by 6.8% in the 4th quarter. Fiduciary Alliance LLC now owns 256,531 shares of the textile maker's stock worth $5,505,000 after buying an additional 16,431 shares during the period. Finally, Segall Bryant & Hamill LLC boosted its position in shares of VF by 1.8% in the third quarter. Segall Bryant & Hamill LLC now owns 3,663,341 shares of the textile maker's stock valued at $73,084,000 after acquiring an additional 65,919 shares during the period. Institutional investors and hedge funds own 86.84% of the company's stock.

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.