VF (VFC) Expected to Announce Earnings on Wednesday

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

VF (NYSE:VFC) last issued its quarterly earnings results on Monday, October 28th. The textile maker reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.19. The business 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 in the previous 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 Stock Performance

VF stock opened at $26.25 on Monday. The company has a debt-to-equity ratio of 2.86, a current ratio of 1.30 and a quick ratio of 0.88. VF has a 12 month low of $11.00 and a 12 month high of $26.48. The company has a fifty day moving average price of $21.71 and a two-hundred day moving average price of $19.39. The company has a market cap of $10.22 billion, a PE ratio of -15.17, a P/E/G ratio of 9.74 and a beta of 1.45.

Analyst Ratings Changes

VFC has been the subject of a number of recent research reports. TD Cowen boosted their price objective on shares of VF from $16.00 to $19.00 and gave the company a “hold” rating in a research report on Tuesday, October 29th. Telsey Advisory Group reiterated a “market perform” rating and set a $21.00 price target on shares of VF in a research report on Wednesday, January 22nd. StockNews.com upgraded VF from a “sell” rating to a “hold” rating in a research report on Saturday, October 26th. Truist Financial assumed coverage on VF in a research report on Thursday, December 5th. They issued a “hold” rating and a $20.00 target price on the stock. Finally, JPMorgan Chase & Co. boosted their price target on shares of VF from $20.00 to $23.00 and gave the company a “neutral” rating in a report on Thursday, January 16th. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have assigned a buy rating to the company. According to MarketBeat, VF has an average rating of “Hold” and an average price target of $19.63.

VF Company Profile

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.