News articles about V.F. Corporation (NYSE:VFC) have trended somewhat positive on Sunday, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. V.F. Corporation earned a news impact score of 0.10 on Accern’s scale. Accern also gave press coverage about the textile maker an impact score of 46.8268699469721 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the news stories that may have effected Accern Sentiment’s rankings:
- France, Germany, Italy, Spain seek tax on digital giants’ revenues (feeds.reuters.com)
- Contrasting V.F. Corporation (VFC) & Under Armour (UA) (americanbankingnews.com)
- BRIEF-Surgery Partners announces appointment of Clifford Adlerz as interim CEO (feeds.reuters.com)
- Margo Bradish (feeds.bizjournals.com)
- VF Corporation (VFC) Ex-Dividend Date Scheduled for September 07, 2017 – Nasdaq (nasdaq.com)
V.F. Corporation (VFC) traded down 0.65% during midday trading on Friday, hitting $62.48. 1,880,409 shares of the stock traded hands. The company has a 50-day moving average of $62.48 and a 200-day moving average of $56.61. V.F. Corporation has a 1-year low of $48.05 and a 1-year high of $64.51. The stock has a market cap of $24.59 billion, a PE ratio of 23.84 and a beta of 0.78.
V.F. Corporation (NYSE:VFC) last posted its quarterly earnings data on Monday, July 24th. The textile maker reported $0.29 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.28 by $0.01. The business had revenue of $2.36 billion during the quarter, compared to the consensus estimate of $2.31 billion. V.F. Corporation had a net margin of 9.23% and a return on equity of 27.44%. V.F. Corporation’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.35 EPS. On average, equities analysts expect that V.F. Corporation will post $2.97 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Monday, September 18th. Investors of record on Friday, September 8th will be paid a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 2.69%. The ex-dividend date is Thursday, September 7th. V.F. Corporation’s payout ratio is currently 64.86%.
VFC has been the topic of several recent research reports. Forward View restated a “hold” rating on shares of V.F. Corporation in a report on Tuesday, August 15th. Susquehanna Bancshares Inc restated a “positive” rating and set a $75.00 target price (up previously from $70.00) on shares of V.F. Corporation in a report on Tuesday, August 15th. Piper Jaffray Companies set a $58.00 target price on shares of V.F. Corporation and gave the company a “hold” rating in a report on Monday, August 14th. Stifel Nicolaus restated a “hold” rating and set a $60.00 target price (up previously from $57.00) on shares of V.F. Corporation in a report on Monday, August 14th. Finally, Buckingham Research lifted their target price on shares of V.F. Corporation from $55.00 to $62.00 and gave the company a “neutral” rating in a report on Tuesday, August 15th. Two research analysts have rated the stock with a sell rating, fourteen have given a hold rating and six have issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $59.95.
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In related news, Chairman Eric C. Wiseman sold 110,943 shares of the company’s stock in a transaction on Friday, August 25th. The shares were sold at an average price of $63.65, for a total transaction of $7,061,521.95. Following the completion of the transaction, the chairman now directly owns 660,806 shares in the company, valued at approximately $42,060,301.90. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Aidan O’meara sold 29,336 shares of the company’s stock in a transaction on Friday, August 18th. The shares were sold at an average price of $62.54, for a total transaction of $1,834,673.44. Following the transaction, the vice president now owns 120,680 shares of the company’s stock, valued at $7,547,327.20. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 453,152 shares of company stock valued at $28,649,326. Corporate insiders own 1.60% of the company’s stock.
About V.F. Corporation
V.F. Corporation (VF) is engaged in the design, production, procurement, marketing and distribution of branded lifestyle apparel, footwear and related products. The Company’s segments include Outdoor & Action Sports, Jeanswear, Imagewear and Sportswear. Its Outdoor & Action Sports Coalition is a group of authentic outdoor and activity-based lifestyle brands.
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