Will V.F. Corporation (VFC) Run Out of Steam Soon?

January 22, 2018 - By Vivian Park

Investors sentiment increased to 1.08 in 2017 Q3. Its up 0.15, from 0.93 in 2017Q2. It improved, as 42 investors sold V.F. Corporation shares while 233 reduced holdings. 85 funds opened positions while 211 raised stakes. 395.35 million shares or 2.44% less from 405.25 million shares in 2017Q2 were reported.
Hbk Lp reported 0% in V.F. Corporation (NYSE:VFC). Holt Advsrs Ltd Com Dba Holt Ptnrs L P reported 4,212 shares stake. Bessemer Gp, New Jersey-based fund reported 20,559 shares. Cambridge Tru Com invested in 63,391 shares. 119,600 were reported by Martin Currie. Davis R M Incorporated holds 276,564 shares or 0.73% of its portfolio. Alphamark Advisors Limited Liability Co invested 0% in V.F. Corporation (NYSE:VFC). Haverford holds 6,413 shares or 0.01% of its portfolio. Donaldson Management Ltd Com holds 9,804 shares. Roffman Miller Associate Pa has 1.91% invested in V.F. Corporation (NYSE:VFC). Old Mutual Investors (Uk) stated it has 0.17% of its portfolio in V.F. Corporation (NYSE:VFC). Bryn Mawr Trust invested in 98,911 shares or 0.36% of the stock. Capital One National Association invested 0.02% of its portfolio in V.F. Corporation (NYSE:VFC). Bb&T Securities Ltd Llc reported 0.15% stake. 7,010 were accumulated by Advisor Prns Ltd Liability Com.

Since August 18, 2017, it had 0 buys, and 7 insider sales for $35.61 million activity. On Friday, August 25 WISEMAN ERIC C sold $7.06M worth of V.F. Corporation (NYSE:VFC) or 110,943 shares. MEAGHER LAURA C sold 14,036 shares worth $990,549. The insider Rendle Steven E sold 65,604 shares worth $4.63 million. 29,336 V.F. Corporation (NYSE:VFC) shares with value of $1.83 million were sold by O’Meara Aidan. MCCOLLOUGH W ALAN had sold 22,852 shares worth $1.44M.

The stock of V.F. Corporation (NYSE:VFC) hit a new 52-week high and has $84.98 target or 6.00 % above today’s $80.17 share price. The 5 months bullish chart indicates low risk for the $31.68 billion company. The 1-year high was reported on Jan, 22 by Barchart.com. If the $84.98 price target is reached, the company will be worth $1.90 billion more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 0.48% or $0.38 during the last trading session, reaching $80.17. About 1.14M shares traded. V.F. Corporation (NYSE:VFC) has declined 13.07% since January 22, 2017 and is downtrending. It has underperformed by 29.77% the S&P500.

Analysts await V.F. Corporation (NYSE:VFC) to report earnings on February, 16. They expect $1.01 EPS, up 4.12 % or $0.04 from last year’s $0.97 per share. VFC’s profit will be $399.10 million for 19.84 P/E if the $1.01 EPS becomes a reality. After $1.23 actual EPS reported by V.F. Corporation for the previous quarter, Wall Street now forecasts -17.89 % negative EPS growth.

V.F. Corporation (NYSE:VFC) Ratings Coverage

Among 28 analysts covering V.F. Corp (NYSE:VFC), 10 have Buy rating, 1 Sell and 17 Hold. Therefore 36% are positive. V.F. Corp had 95 analyst reports since July 24, 2015 according to SRatingsIntel. The stock has “Hold” rating by Susquehanna on Tuesday, June 20. The rating was maintained by Stifel Nicolaus on Monday, July 24 with “Hold”. The rating was downgraded by Citigroup to “Neutral” on Tuesday, October 25. Bank of America downgraded V.F. Corporation (NYSE:VFC) rating on Thursday, September 15. Bank of America has “Underperform” rating and $54 target. The rating was maintained by Cowen & Co on Tuesday, October 17 with “Hold”. The stock of V.F. Corporation (NYSE:VFC) earned “Hold” rating by Piper Jaffray on Friday, September 29. As per Friday, September 15, the company rating was maintained by Robert W. Baird. The firm has “Neutral” rating given on Friday, September 16 by Susquehanna. On Tuesday, October 25 the stock rating was maintained by Telsey Advisory Group with “Outperform”. Stifel Nicolaus downgraded V.F. Corporation (NYSE:VFC) on Tuesday, February 16 to “Hold” rating.

More notable recent V.F. Corporation (NYSE:VFC) news were published by: Cnbc.com which released: “Cold-weather burst could lift shares of Domino’s Pizza and North Face maker …” on January 03, 2018, also Cpbj.com with their article: “Clothing giant VF Corp. investing $52M in Lebanon County facility” published on January 18, 2018, Seekingalpha.com published: “VF Corporation Is A Long-Term Buy” on December 24, 2017. More interesting news about V.F. Corporation (NYSE:VFC) were released by: Fool.com and their article: “Why VF Corporation Gained 39% in 2017” published on January 11, 2018 as well as Bizjournals.com‘s news article titled: “Three Triad firms land on Fortune’s ‘Most Admired Companies’ list” with publication date: January 22, 2018.

V.F. Corporation engages in the design, production, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and related products in the Americas, Europe, and the Asia Pacific. The company has market cap of $31.68 billion. It operates through four divisions: Outdoor & Action Sports, Jeanswear, Imagewear, and Sportswear. It has a 33.71 P/E ratio. The firm offers outdoor apparel, youth culture/action sports-inspired footwear, footwear and equipment, handbags, luggage, backpacks, totes, accessories, backpacks, surfing-inspired footwear, merino wool socks, womenÂ’s activewear, and travel accessories under The North Face, Vans, Timberland, Kipling, Napapijri, JanSport, Reef, Smartwool, Eastpak, lucy, and Eagle Creek brands.

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