VF (NYSE:VFC) will announce its Q2 2020 earnings results before the market opens on Friday, October 25th. Analysts expect the company to announce earnings of $1.30 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.
VF (NYSE:VFC) last released its quarterly earnings results on Wednesday, July 24th. The textile maker reported $0.30 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.28 by $0.02. The business had revenue of $2.27 billion during the quarter, compared to analysts’ expectations of $2.24 billion. VF had a return on equity of 34.52% and a net margin of 8.62%. The firm’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same period last year, the firm posted $0.43 EPS. On average, analysts expect VF to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.
NYSE:VFC opened at $93.16 on Wednesday. The stock has a market cap of $36.82 billion, a P/E ratio of 24.65, a PEG ratio of 2.60 and a beta of 1.19. The stock has a 50 day simple moving average of $88.58 and a 200 day simple moving average of $87.61. The company has a current ratio of 2.05, a quick ratio of 1.19 and a debt-to-equity ratio of 0.76. VF has a 1-year low of $67.18 and a 1-year high of $96.20.
Several analysts recently weighed in on VFC shares. Telsey Advisory Group reissued an “outperform” rating and set a $106.00 price target (up from $104.00) on shares of VF in a report on Thursday, July 25th. Wedbush reissued an “outperform” rating and set a $98.00 price target on shares of VF in a report on Friday, October 18th. UBS Group lifted their price target on VF from $88.00 to $93.00 and gave the stock a “neutral” rating in a report on Wednesday, September 11th. Cowen lifted their price target on VF from $90.00 to $100.00 and gave the stock a “positive” rating in a report on Thursday, June 27th. Finally, TheStreet cut VF from a “b+” rating to a “c” rating in a report on Wednesday, July 24th. Six investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $96.73.
V.F. Corporation engages in the design, production, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and related products for men, women, and children in the Americas, Europe, and the Asia Pacific. It operates through four segments: Outdoor & Action Sports, Jeanswear, Imagewear, and Other.
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