In the latest trading session, V.F. (VFC - Free Report) closed at $94.04, marking a +0.34% move from the previous day. This move outpaced the S&P 500's daily loss of 0.3%. At the same time, the Dow lost 0.54%, and the tech-heavy Nasdaq lost 0.41%.
Prior to today's trading, shares of the maker of brands such as Vans, North Face and Timberland had gained 4.89% over the past month. This has outpaced the Consumer Discretionary sector's gain of 1.91% and the S&P 500's loss of 0.43% in that time.
Investors will be hoping for strength from VFC as it approaches its next earnings release, which is expected to be May 22, 2019. In that report, analysts expect VFC to post earnings of $0.58 per share. This would mark a year-over-year decline of 13.43%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $3.20 billion, up 5.21% from the year-ago period.
It is also important to note the recent changes to analyst estimates for VFC. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.21% higher within the past month. VFC is currently sporting a Zacks Rank of #2 (Buy).
In terms of valuation, VFC is currently trading at a Forward P/E ratio of 22.08. This valuation marks a premium compared to its industry's average Forward P/E of 16.69.
It is also worth noting that VFC currently has a PEG ratio of 1.94. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Textile - Apparel was holding an average PEG ratio of 1.45 at yesterday's closing price.
The Textile - Apparel industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 80, putting it in the top 32% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.