VF (VFC) Projected to Post Earnings on Wednesday

VF (NYSE:VFC) is projected to issue its quarterly earnings data before the market opens on Wednesday, January 29th. Analysts expect VF to post earnings of $0.34 per share and revenue of $2,747,086.36 billion for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

VF (NYSE:VFC) last posted its quarterly earnings results on Monday, October 28th. The textile maker reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.19. The company had revenue of $2.76 billion during the quarter, compared to the consensus estimate of $2.72 billion. VF had a positive return on equity of 12.53% and a negative net margin of 6.68%. The business’s quarterly revenue was down 5.6% on a year-over-year basis. During the same period last year, the business earned $0.63 EPS. On average, analysts expect VF to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

VF Trading Down 1.6 %

Shares of NYSE VFC opened at $25.92 on Tuesday. The business has a 50 day simple moving average of $21.71 and a 200 day simple moving average of $19.43. VF has a 52 week low of $11.00 and a 52 week high of $26.48. The stock has a market cap of $10.09 billion, a price-to-earnings ratio of -14.98, a PEG ratio of 9.74 and a beta of 1.45. The company has a debt-to-equity ratio of 2.86, a quick ratio of 0.88 and a current ratio of 1.30.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on VFC. TD Cowen boosted their target price on shares of VF from $16.00 to $19.00 and gave the stock a “hold” rating in a research report on Tuesday, October 29th. Stifel Nicolaus upped their price target on VF from $21.00 to $25.00 and gave the stock a “buy” rating in a report on Monday, October 14th. Guggenheim raised their price objective on shares of VF from $25.00 to $27.00 and gave the stock a “buy” rating in a research note on Wednesday, December 11th. The Goldman Sachs Group started coverage on VF in a report on Friday, October 11th. They issued a “neutral” rating and a $20.00 price target for the company. Finally, Citigroup lifted their price target on shares of VF from $20.00 to $24.00 and gave the stock a “buy” rating in a research note on Tuesday, October 29th. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $19.63.

About VF

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.