V.F. Corporation (NYSE:VFC) registered a -2.38% decrease, still its new closing price is 0.55% up from the company’s 1 year high of 65.61.It posted -2.08% losses in previous 5 sessions and is now the subject of 14 analysts who together assign a hold rating on stock. 3 of Wall Street analysts have an underperform rating; the 0 sells versus 3 buy or better ratings. The 25 stock analysts following this company have an average price target at $58.79, with individual PT in the $47.00-$80.00 range. The shares moved at $50.77, implying that brokerage firms see shares losing about -13.33% in twelve months time.
V.F. Corporation (VFC) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -4.84% fall year to date. A Director at V.F. Corporation (VFC) offloaded shares in a transaction closed on Friday December 02, 2016. DE BEDOUT JUAN ERNESTO sold 6,000 shares in the company at $56.21 each and collected $337,000 in proceeds. DE BEDOUT JUAN ERNESTO now owns 23,970 shares in the company after this transaction. A Director in the company, HURST ROBERT J/NY, disclosed a transaction on Thursday December 01, 2016 that ended up generating $655,000 from the sale of 11,761 shares at $55.73 per share.
V.F. Corporation (NYSE:VFC) Upcoming Results on Tap
V.F. Corporation will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.39 in that period. Sales during the quarter are predicted to arrive at $2.89 billion.
Earnings surprise history: Last quarter, the company posted approximately $3.49 billion in revenue and EPS of $1.14. The mean forecast was for $3.63 billion and $1.15 a share, respectively. One quarter earlier, revenue for the stock was at $2.45 billion, with earnings at $0.35/share.
V.F. Corporation (VFC) Brokerage Update
V.F. Corporation (VFC) is in Canaccord Genuity’s research list so their analyst rating change is noteworthy. These shares were downgraded to Hold from Buy by Canaccord Genuity, according to news reported on Thursday January 12, 2017.Another important research note was issued by Piper Jaffray on Tuesday January 03, 2017.The firm downgraded VFC to Neutral from Overweight. Over the last six months and over the last three months, the shares of V.F. Corporation (VFC), have changed -16.49% and -5.47%, respectively.