VF Corp. (NYSE: VFC) has experienced a rise in its stock price by 1.66 compared to its previous closing price of 15.09. However, the company has seen a gain of 5.50% in its stock price over the last five trading days. Seeking Alpha reported 2024-03-18 that ‘Predator’s Ball’ Stock Market (And Sentiment Results)
Is It Worth Investing in VF Corp. (NYSE: VFC) Right Now?
The 36-month beta value for VFC is also noteworthy at 1.49. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 2 rating it as “overweight,” 17 rating it as “hold,” and 2 rating it as “sell.”
The public float for VFC is 366.49M, and at present, short sellers hold a 8.20% of that float. The average trading volume of VFC on April 01, 2024 was 8.30M shares.
VFC’s Market Performance
VFC stock saw a decrease of 5.50% in the past week, with a monthly decline of -5.13% and a quarterly a decrease of -18.58%. The volatility ratio for the week is 3.47%, and the volatility levels for the last 30 days are 3.46% for VF Corp. (VFC). The simple moving average for the last 20 days is 0.80% for VFC’s stock, with a simple moving average of -12.67% for the last 200 days.
Analysts’ Opinion of VFC
Many brokerage firms have already submitted their reports for VFC stocks, with Goldman repeating the rating for VFC by listing it as a “Neutral.” The predicted price for VFC in the upcoming period, according to Goldman is $14 based on the research report published on February 07, 2024 of the current year 2024.
JP Morgan, on the other hand, stated in their research note that they expect to see VFC reach a price target of $19, previously predicting the price at $15. The rating they have provided for VFC stocks is “Neutral” according to the report published on November 15th, 2023.
Evercore ISI gave a rating of “In-line” to VFC, setting the target price at $17 in the report published on November 07th of the previous year.
VFC Trading at -3.62% from the 50-Day Moving Average
After a stumble in the market that brought VFC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -34.94% of loss for the given period.
Volatility was left at 3.46%, however, over the last 30 days, the volatility rate increased by 3.47%, as shares sank -6.12% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.59% upper at present.
During the last 5 trading sessions, VFC rose by +5.50%, which changed the moving average for the period of 200-days by -19.81% in comparison to the 20-day moving average, which settled at $15.17. In addition, VF Corp. saw -18.40% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at VFC starting from Carucci Richard, who purchase 20,000 shares at the price of $15.53 back on Feb 26 ’24. After this action, Carucci Richard now owns 182,810 shares of VF Corp., valued at $310,620 using the latest closing price.
Dorer Benno O, the Director of VF Corp., sale 4 shares at $15.53 during a trade that took place back on Feb 26 ’24, which means that Dorer Benno O is holding 53,625 shares at $62 based on the most recent closing price.
Stock Fundamentals for VFC
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 0.52 for the gross margin
The net margin for VF Corp. stands at -0.07. The total capital return value is set at 0.12. Equity return is now at value -28.20, with -5.68 for asset returns.
Based on VF Corp. (VFC), the company’s capital structure generated 0.75 points at debt to capital in total, while cash flow to debt ratio is standing at 0.21. The debt to equity ratio resting at 2.94. The interest coverage ratio of the stock is 8.74.
Currently, EBITDA for the company is 2.06 billion with net debt to EBITDA at 4.75. When we switch over and look at the enterprise to sales, we see a ratio of 1.14. The receivables turnover for the company is 8.23for trailing twelve months and the total asset turnover is 0.86. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.23.
Conclusion
In summary, VF Corp. (VFC) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
