Brokerages predict that V.F. Co. (NYSE:VFC – Get Rating) will announce earnings per share (EPS) of $0.46 for the current quarter, Zacks reports. Seven analysts have made estimates for V.F.’s earnings, with estimates ranging from $0.42 to $0.48. V.F. reported earnings per share of $0.27 in the same quarter last year, which suggests a positive year-over-year growth rate of 70.4%. The firm is expected to announce its next earnings report after the market closes on Monday, January 1st.
According to Zacks, analysts expect that V.F. will report full year earnings of $3.20 per share for the current fiscal year, with EPS estimates ranging from $3.16 to $3.21. For the next year, analysts anticipate that the business will post earnings of $3.58 per share, with EPS estimates ranging from $3.40 to $3.70. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that cover V.F..
Several equities analysts have weighed in on VFC shares. Robert W. Baird dropped their price objective on V.F. from $95.00 to $80.00 and set an “outperform” rating for the company in a report on Monday, January 31st. Deutsche Bank Aktiengesellschaft decreased their price target on V.F. from $94.00 to $86.00 and set a “buy” rating on the stock in a research note on Monday, January 31st. Citigroup decreased their price target on V.F. from $71.00 to $68.00 and set a “neutral” rating on the stock in a research note on Monday, January 31st. The Goldman Sachs Group decreased their price target on V.F. from $71.00 to $68.00 in a research note on Thursday, January 20th. Finally, UBS Group decreased their price target on V.F. from $65.00 to $55.00 in a research note on Friday. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $76.42.
NYSE:VFC traded up $0.34 during mid-day trading on Friday, hitting $47.59. 2,857,281 shares of the stock were exchanged, compared to its average volume of 3,065,367. The stock has a market capitalization of $18.51 billion, a price-to-earnings ratio of 13.41, a price-to-earnings-growth ratio of 0.44 and a beta of 1.42. The firm’s 50-day simple moving average is $54.30 and its 200 day simple moving average is $64.08. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.03 and a current ratio of 1.43. V.F. has a fifty-two week low of $45.13 and a fifty-two week high of $87.36.
V.F. Company Profile (Get Rating)
V.F. Corporation, together with its subsidiaries, engages in the design, production, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and related products for men, women, and children in the Americas, Europe, and the Asia-Pacific. It operates through three segments: Outdoor, Active, and Work.
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