Alert: New Earnings Report (5/22/24)-V.F. Corp (NYSE: VFC).

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V.F. Corp (NYSE: VFC) has reported E.P.S. of $-1.08 for its fourth fiscal quarter (ending March 31) versus $-0.55 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $-2.49 compared to $0.31 a year ago.

Recent Price Action

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V.F. Corp (NYSE: VFC) stock closed at $12.33 on 5/22/24 after a modest decline of -1.0%. Moreover, exceptionally high trading volume at 202% of normal accompanied the decline. The stock has declined -4.1% during the last week and has been extremely weak relative to the market over the last nine months.

Current PriceTarget Research Rating

VFC is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

V.F. has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. V.F. has a neutral Appreciation Score of 44 but a very low Power Rating of 11, leading to the Lowest Value Trend Rating.

Rating Review

In light of this new information and negative market action we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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