Telsey Advisory Group has recently reiterated VF Corp (VFC) stock to Market Perform rating, as announced on October 29, 2024, according to Finviz. Earlier, on October 14, 2024, Wells Fargo had reduced the stock from a Equal Weight to Underweight, setting a price target of $15 for VFC stock. Goldman also initiated Neutral rating with a price target of $20. Additionally, Jefferies initiated Hold rating on September 27, 2024, with a target price of $20. Barclays analysts, in their report published on September 18, 2024, also raised Overweight rating and set a price target of $19 for VF Corp’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
VF Corp (VFC) Stock Trading Recap
On Wednesday, VF Corp (VFC) stock saw a decline, ending the day at $20.36 which represents a decrease of $-0.07 or -0.34% from the prior close of $20.43. The stock opened at $20.33 and touched a low of $20.33 during the day, reaching a high of $20.83. The volume of shares traded was 2.91 million falling short of the average volume of 7.14 million.
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VFC Stock Performance and Moving Averages
In recent trading, VF Corp (VFC) stock price has shown some volatility, fluctuating 9.17% over the last five trades and -5.87% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 65.13%, and it has gained 10.47% in the previous three months. Currently, VFC is trading at 0.10%, 3.45%, and 26.74% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, VFC, a Consumer Cyclical sector stock, is trading -11.82% below its 52-week high but remains 85.09% above its 52-week low. The Average True Range (ATR) (14 days) of 0.91 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
VF Corp’s Profitability and Valuation Ratios
VF Corp’s profitability metrics reveal financial health. The company currently boasts an operating margin of 4.41% and a profit margin of -5.34%, with a gross margin of 65.13%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, VF Corp’s market capitalization stands at $7.93 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The forward P/E ratio, which uses projected earnings for the next financial year, is 21.53. Additionally, the Price-to-Sales Ratio is 0.79, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 5.64, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 5.70% of VF Corp (VFC)’s shares, while financial institutions hold 96.85%.
