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V.F. (VFC) Ascends While Market Falls: Some Facts to Note
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V.F. (VFC - Free Report) closed at $13.69 in the latest trading session, marking a +1.26% move from the prior day. The stock outperformed the S&P 500, which registered a daily loss of 0.03%. Meanwhile, the Dow experienced a drop of 0.31%, and the technology-dominated Nasdaq saw an increase of 0.01%.
Prior to today's trading, shares of the maker of brands such as Vans, North Face and Timberland had lost 2.66% was narrower than the Consumer Discretionary sector's loss of 8.67% and lagged the S&P 500's gain of 0.53%.
Investors will be eagerly watching for the performance of V.F. in its upcoming earnings disclosure. The company is expected to report EPS of $0.51, down 1.92% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $2.7 billion, indicating a 3.81% decline compared to the corresponding quarter of the prior year.
VFC's full-year Zacks Consensus Estimates are calling for earnings of $1.08 per share and revenue of $9.55 billion. These results would represent year-over-year changes of +31.71% and -0.55%, respectively.
Investors should also take note of any recent adjustments to analyst estimates for V.F. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 1.25% increase. V.F. is currently sporting a Zacks Rank of #3 (Hold).
In terms of valuation, V.F. is currently trading at a Forward P/E ratio of 12.48. This denotes a discount relative to the industry average Forward P/E of 15.37.
We can additionally observe that VFC currently boasts a PEG ratio of 0.72. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. VFC's industry had an average PEG ratio of 1.82 as of yesterday's close.
The Textile - Apparel industry is part of the Consumer Discretionary sector. This industry, currently bearing a Zacks Industry Rank of 108, finds itself in the top 44% echelons of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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V.F. (VFC) Ascends While Market Falls: Some Facts to Note
V.F. (VFC - Free Report) closed at $13.69 in the latest trading session, marking a +1.26% move from the prior day. The stock outperformed the S&P 500, which registered a daily loss of 0.03%. Meanwhile, the Dow experienced a drop of 0.31%, and the technology-dominated Nasdaq saw an increase of 0.01%.
Prior to today's trading, shares of the maker of brands such as Vans, North Face and Timberland had lost 2.66% was narrower than the Consumer Discretionary sector's loss of 8.67% and lagged the S&P 500's gain of 0.53%.
Investors will be eagerly watching for the performance of V.F. in its upcoming earnings disclosure. The company is expected to report EPS of $0.51, down 1.92% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $2.7 billion, indicating a 3.81% decline compared to the corresponding quarter of the prior year.
VFC's full-year Zacks Consensus Estimates are calling for earnings of $1.08 per share and revenue of $9.55 billion. These results would represent year-over-year changes of +31.71% and -0.55%, respectively.
Investors should also take note of any recent adjustments to analyst estimates for V.F. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 1.25% increase. V.F. is currently sporting a Zacks Rank of #3 (Hold).
In terms of valuation, V.F. is currently trading at a Forward P/E ratio of 12.48. This denotes a discount relative to the industry average Forward P/E of 15.37.
We can additionally observe that VFC currently boasts a PEG ratio of 0.72. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. VFC's industry had an average PEG ratio of 1.82 as of yesterday's close.
The Textile - Apparel industry is part of the Consumer Discretionary sector. This industry, currently bearing a Zacks Industry Rank of 108, finds itself in the top 44% echelons of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.