Media stories about V.F. Corporation (NYSE:VFC) have been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. Accern scores the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. V.F. Corporation earned a news sentiment score of 0.17 on Accern’s scale. Accern also gave media stories about the textile maker an impact score of 46.0758263561886 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the media stories that may have effected Accern Sentiment’s analysis:
VFC has been the subject of a number of analyst reports. Cowen and Company set a $69.00 price objective on shares of V.F. Corporation and gave the company a “hold” rating in a research report on Monday, October 23rd. UBS AG reissued a “buy” rating and issued a $77.00 price objective (up from $66.00) on shares of V.F. Corporation in a research report on Tuesday. Pivotal Research initiated coverage on shares of V.F. Corporation in a research report on Thursday, October 5th. They issued a “buy” rating and a $75.00 price objective for the company. Stifel Nicolaus reissued a “hold” rating and issued a $60.00 price objective on shares of V.F. Corporation in a research report on Wednesday, October 4th. Finally, Macquarie reissued an “outperform” rating and issued a $70.00 price objective (up from $69.00) on shares of V.F. Corporation in a research report on Tuesday, July 25th. Two investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and six have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $65.45.
Shares of V.F. Corporation (VFC) opened at 70.90 on Friday. The firm has a market cap of $27.91 billion, a price-to-earnings ratio of 27.05 and a beta of 0.77. V.F. Corporation has a 1-year low of $48.05 and a 1-year high of $71.95. The company’s 50-day moving average is $64.19 and its 200 day moving average is $59.17.
V.F. Corporation (NYSE:VFC) last issued its earnings results on Monday, October 23rd. The textile maker reported $1.23 earnings per share for the quarter, beating the consensus estimate of $1.12 by $0.11. V.F. Corporation had a net margin of 8.24% and a return on equity of 29.22%. The business had revenue of $3.51 billion for the quarter, compared to analyst estimates of $3.40 billion. During the same period in the previous year, the business earned $1.20 EPS. The firm’s revenue was up 5.4% on a year-over-year basis. On average, equities research analysts expect that V.F. Corporation will post $3.01 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Monday, December 18th. Investors of record on Friday, December 8th will be issued a dividend of $0.46 per share. This is an increase from V.F. Corporation’s previous quarterly dividend of $0.42. This represents a $1.84 annualized dividend and a yield of 2.60%. The ex-dividend date is Thursday, December 7th. V.F. Corporation’s dividend payout ratio (DPR) is currently 70.89%.
In related news, VP Aidan O’meara sold 29,336 shares of V.F. Corporation stock in a transaction dated Friday, August 18th. The shares were sold at an average price of $62.54, for a total transaction of $1,834,673.44. Following the completion of the transaction, the vice president now directly owns 120,680 shares of the company’s stock, valued at approximately $7,547,327.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director W Alan Mccollough sold 22,852 shares of V.F. Corporation stock in a transaction dated Monday, August 21st. The shares were sold at an average price of $62.94, for a total transaction of $1,438,304.88. Following the transaction, the director now directly owns 36,353 shares of the company’s stock, valued at $2,288,057.82. The disclosure for this sale can be found here. Insiders have sold a total of 486,140 shares of company stock valued at $30,975,584 over the last three months. 1.60% of the stock is currently owned by insiders.
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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.
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