Williams Trading Upgrades V.F. (NYSE:VFC) to Strong-Buy

V.F. (NYSE:VFCGet Free Report) was upgraded by research analysts at Williams Trading from a “strong sell” rating to a “strong-buy” rating in a research note issued to investors on Sunday,Zacks.com reports.

A number of other research analysts have also commented on the company. Stifel Nicolaus upped their price objective on V.F. from $18.00 to $19.00 and gave the company a “hold” rating in a report on Thursday, January 29th. Barclays reaffirmed an “overweight” rating on shares of V.F. in a report on Thursday, January 29th. Telsey Advisory Group set a $20.00 price objective on V.F. in a report on Thursday, January 29th. Piper Sandler upped their price objective on V.F. from $14.00 to $18.00 and gave the company a “neutral” rating in a report on Friday, January 30th. Finally, Zacks Research raised V.F. from a “hold” rating to a “strong-buy” rating in a report on Friday, April 24th. Three equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $18.69.

Read Our Latest Report on VFC

V.F. Stock Performance

Shares of NYSE VFC opened at $16.91 on Friday. The company has a debt-to-equity ratio of 1.99, a current ratio of 1.55 and a quick ratio of 1.03. The stock’s fifty day moving average price is $17.90 and its two-hundred day moving average price is $18.17. V.F. has a one year low of $11.06 and a one year high of $22.27. The firm has a market cap of $6.61 billion, a price-to-earnings ratio of 30.74, a P/E/G ratio of 0.83 and a beta of 1.62.

Hedge Funds Weigh In On V.F.

Large investors have recently bought and sold shares of the company. Parallel Advisors LLC raised its position in V.F. by 27.9% in the first quarter. Parallel Advisors LLC now owns 2,694 shares of the textile maker’s stock valued at $46,000 after purchasing an additional 588 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in V.F. by 59.7% in the third quarter. EverSource Wealth Advisors LLC now owns 2,748 shares of the textile maker’s stock valued at $40,000 after purchasing an additional 1,027 shares during the last quarter. Root Financial Partners LLC raised its position in V.F. by 282.9% in the first quarter. Root Financial Partners LLC now owns 3,052 shares of the textile maker’s stock valued at $52,000 after purchasing an additional 2,255 shares during the last quarter. Rothschild Investment LLC raised its position in V.F. by 705.8% in the third quarter. Rothschild Investment LLC now owns 3,747 shares of the textile maker’s stock valued at $54,000 after purchasing an additional 3,282 shares during the last quarter. Finally, GAMMA Investing LLC raised its position in V.F. by 30.5% in the fourth quarter. GAMMA Investing LLC now owns 10,987 shares of the textile maker’s stock valued at $199,000 after purchasing an additional 2,570 shares during the last quarter. 86.84% of the stock is currently owned by institutional investors.

V.F. Company Profile

(Get Free Report)

VF Corporation, commonly branded as VF, is a global apparel and footwear company that develops, markets and distributes a diverse portfolio of consumer brands. Its offerings span outdoor and action sports apparel, footwear and accessories under marquee names such as The North Face, Vans, Timberland, Dickies, JanSport and Smartwool. Through a “house of brands” strategy, VF leverages the unique heritage and design expertise of each label to serve distinct lifestyle and performance segments.

Founded in 1899 in Pennsylvania as the Reading Glove and Mitten Manufacturing Company, VF evolved through a series of acquisitions and strategic expansions to become a leading player in the global apparel industry.

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Analyst Recommendations for V.F. (NYSE:VFC)

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