VF (VFC) Set to Announce Quarterly Earnings on Wednesday

VF (NYSE:VFC) will be issuing its quarterly earnings data before the market opens on Wednesday, May 22nd. Analysts expect the company to announce earnings of $0.58 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

VF stock opened at $90.80 on Monday. The stock has a market capitalization of $35.92 billion, a PE ratio of 30.47, a PEG ratio of 1.88 and a beta of 1.15. The company has a current ratio of 1.80, a quick ratio of 1.07 and a debt-to-equity ratio of 0.50. VF has a 12 month low of $67.18 and a 12 month high of $97.00.

In other news, VP Scott H. Baxter sold 51,911 shares of the stock in a transaction dated Friday, March 15th. The stock was sold at an average price of $84.25, for a total value of $4,373,501.75. Following the completion of the sale, the vice president now owns 201,972 shares in the company, valued at $17,016,141. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.72% of the stock is currently owned by company insiders.

VFC has been the topic of a number of research reports. Goldman Sachs Group initiated coverage on VF in a report on Friday. They issued a “buy” rating and a $97.00 price objective on the stock. Cowen raised their price objective on VF from $95.00 to $100.00 and gave the stock an “outperform” rating in a report on Tuesday, February 19th. Citigroup restated a “neutral” rating and issued a $85.00 price objective (down from $90.00) on shares of VF in a report on Monday, March 18th. Telsey Advisory Group restated an “outperform” rating and issued a $96.00 price objective (up from $88.00) on shares of VF in a report on Tuesday, January 22nd. Finally, UBS Group raised their price objective on VF from $84.00 to $92.00 and gave the stock a “neutral” rating in a report on Tuesday, May 14th. Six investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. VF currently has a consensus rating of “Buy” and an average target price of $93.33.

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VF Company Profile

V.F. Corporation 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 four segments: Outdoor & Action Sports, Jeanswear, Imagewear, and Other.

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Earnings History for VF (NYSE:VFC)

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