V.F. Corporation (NYSE:VFC)‘s stock had its “neutral” rating restated by Buckingham Research in a report issued on Monday. They presently have a $55.00 price target on the textile maker’s stock. Buckingham Research’s price objective points to a potential downside of 1.82% from the company’s previous close.

A number of other equities research analysts have also weighed in on VFC. Stifel Nicolaus reaffirmed a “hold” rating and issued a $56.00 price objective on shares of V.F. Corporation in a report on Sunday, April 23rd. Canaccord Genuity reissued a “hold” rating and set a $53.00 price target on shares of V.F. Corporation in a research note on Friday, May 26th. B. Riley reissued a “neutral” rating and set a $53.00 price target on shares of V.F. Corporation in a research note on Tuesday, April 25th. Vetr lowered V.F. Corporation from a “sell” rating to a “strong sell” rating and set a $49.00 price target on the stock. in a research note on Tuesday, April 11th. Finally, Susquehanna Bancshares Inc reissued a “neutral” rating and set a $49.00 price target (down previously from $52.00) on shares of V.F. Corporation in a research note on Monday, May 1st. Three analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $55.67.

Shares of V.F. Corporation (NYSE:VFC) opened at 56.02 on Monday. V.F. Corporation has a 52 week low of $48.05 and a 52 week high of $65.20. The stock has a market cap of $22.43 billion, a P/E ratio of 22.84 and a beta of 0.77. The stock has a 50 day moving average price of $54.59 and a 200-day moving average price of $53.64.

V.F. Corporation (NYSE:VFC) last issued its quarterly earnings results on Friday, April 28th. The textile maker reported $0.55 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.55. The firm had revenue of $2.58 billion for the quarter, compared to analysts’ expectations of $2.73 billion. V.F. Corporation had a return on equity of 26.78% and a net margin of 8.67%. The firm’s revenue for the quarter was down 2.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.61 EPS. Equities analysts predict that V.F. Corporation will post $2.92 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 19th. Investors of record on Friday, June 9th were paid a dividend of $0.42 per share. The ex-dividend date was Wednesday, June 7th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.00%. V.F. Corporation’s dividend payout ratio is presently 68.85%.

TRADEMARK VIOLATION WARNING: “V.F. Corporation’s (NYSE:VFC) Neutral Rating Reaffirmed at Buckingham Research” was first published by Watch List News and is owned by of Watch List News. If you are accessing this piece of content on another website, it was copied illegally and republished in violation of U.S. & international trademark & copyright law. The correct version of this piece of content can be accessed at https://www.watchlistnews.com/v-f-corporations-nysevfc-neutral-rating-reaffirmed-at-buckingham-research/1444745.html.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Quadrature Capital Ltd raised its position in V.F. Corporation by 600.0% in the fourth quarter. Quadrature Capital Ltd now owns 94,013 shares of the textile maker’s stock worth $5,015,000 after buying an additional 80,583 shares in the last quarter. Perigon Wealth Management LLC raised its position in V.F. Corporation by 17.2% in the fourth quarter. Perigon Wealth Management LLC now owns 31,874 shares of the textile maker’s stock worth $1,676,000 after buying an additional 4,685 shares in the last quarter. Whalerock Point Partners LLC bought a new position in V.F. Corporation during the fourth quarter worth approximately $314,000. Teachers Advisors LLC raised its position in V.F. Corporation by 4.6% in the fourth quarter. Teachers Advisors LLC now owns 425,775 shares of the textile maker’s stock worth $22,715,000 after buying an additional 18,894 shares in the last quarter. Finally, Kentucky Retirement Systems bought a new position in V.F. Corporation during the fourth quarter worth approximately $1,281,000.

About V.F. Corporation

V.F. Corporation (VF) is engaged in the design, production, procurement, marketing and distribution of branded lifestyle apparel, footwear and related products. The Company’s segments include Outdoor & Action Sports, Jeanswear, Imagewear and Sportswear. Its Outdoor & Action Sports Coalition is a group of authentic outdoor and activity-based lifestyle brands.

Analyst Recommendations for V.F. Corporation (NYSE:VFC)

Receive News & Ratings for V.F. Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for V.F. Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.