Tuesday, December 1, 2020

V.F. Corporation [VFC] Is Currently 2.42 below its 200 Period Moving Avg: What Dose This Mean?

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V.F. Corporation [NYSE: VFC] gained 2.42% or 1.45 points to close at $61.25 with a heavy trading volume of 3558681 shares. It opened the trading session at $61.76, the shares rose to $62.035 and dropped to $58.595, the range by which the price of stock traded the whole day. The daily chart for VFC points out that the company has recorded -33.18% loss over the past six months. However, it is still -35.9% lower than its most recent low trading price.

If we look at the average trading volume of 3.26M shares, VFC reached to a volume of 3558681 in the most recent trading day, which is why market watchdogs consider the stock to be active.


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Here is what top equities market gurus are saying about V.F. Corporation [VFC]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for VFC shares is $61.10 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on VFC stock is a recommendation set at 2.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Argus have made an estimate for V.F. Corporation shares, keeping their opinion on the stock as Hold, with their previous recommendation back on May 29, 2020. While these analysts kept the previous recommendation, Pivotal Research Group dropped their target price from $89 to $58. The new note on the price target was released on May 07, 2020, representing the official price target for V.F. Corporation stock. On April 22, 2020, analysts decreased their price target for VFC shares from 100 to 65.

The Average True Range (ATR) for V.F. Corporation is set at 3.29, with the Price to Sales ratio for VFC stock in the period of the last 12 months amounting to 2.22. The Price to Book ratio for the last quarter was 7.14, with the Price to Cash per share for the same quarter was set at 3.61.

Trading performance analysis for VFC stock

V.F. Corporation [VFC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.34. With this latest performance, VFC shares gained by 16.09% in over the last four-week period, additionally sinking by -33.18% over the last 6 months – not to mention a drop of -29.46% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VFC stock in for the last two-week period is set at 52.26, with the RSI for the last a single of trading hit 50.03, and the three-weeks RSI is set at 51.54 for V.F. Corporation [VFC]. The present Moving Average for the last 50 days of trading for this stock 57.56, while it was recorded at 63.43 for the last single week of trading, and 77.47 for the last 200 days.

V.F. Corporation [VFC]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and V.F. Corporation [VFC] shares currently have an operating margin of +11.44 and a Gross Margin at +54.64. V.F. Corporation’s Net Margin is presently recorded at +5.99.

Return on Equity for this stock inclined to 16.44, with Return on Assets sitting at 5.86.

V.F. Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.20 and a Current Ratio set at 1.70.

V.F. Corporation [VFC]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, V.F. Corporation posted 0.3/share EPS, while the average EPS was predicted by analysts to be reported at 0.29/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 3.40%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for VFC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for V.F. Corporation go to 6.00%.

An analysis of insider ownership at V.F. Corporation [VFC]

There are presently around $21,076 million, or 79.60% of VFC stock, in the hands of institutional investors. The top three institutional holders of VFC stocks are: PNC FINANCIAL SERVICES GROUP, INC. with ownership of 79,428,754, which is approximately 0.01% of the company’s market cap and around 0.20% of the total institutional ownership; VANGUARD GROUP INC, holding 30,515,998 shares of the stock with an approximate value of $1.87 billion in VFC stocks shares; and BLACKROCK INC., currently with $1.35 billion in VFC stock with ownership of nearly 2.672% of the company’s market capitalization.

Positions in V.F. Corporation stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 357 institutional holders increased their position in V.F. Corporation [NYSE:VFC] by around 29,673,187 shares. Additionally, 591 investors decreased positions by around 39,140,261 shares, while 123 investors held positions by with 275,279,248 shares. The mentioned changes placed institutional holdings at 344,092,696 shares, according to the latest SEC report filing. VFC stock had 71 new institutional investments in for a total of 2,126,350 shares, while 222 institutional investors sold positions of 14,224,403 shares during the same period.

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