Alert: New Earnings Report (8/6/24)-V.F. Corp (NYSE: VFC).

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V.F. Corp (NYSE: VFC) has reported E.P.S. of $-0.67 for its first fiscal quarter (ending June 30) versus $-0.15 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $-3.02 versus $0.30 for the same period a year ago — a decline of -1107%.

Recent Price Action

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V.F. Corp (NYSE: VFC) stock enjoyed a large increase of 2.3% on 8/6/24. The stock closed at $16.44. Moreover, trading volume in this advance was unusually high at 155% of normal. The stock has been extremely weak relative to the market over the last nine months but has risen 0.6% during the last week.

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 consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. V.F. has a poor Appreciation Score of 18 and a very low Power Rating of 4, resulting in the Lowest Value Trend Rating.

Rating Review

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

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