Alert: Positive Investment/Fundamental Signals (8/7/24)-V.F. Corp (NYSE: VFC)

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V.F. Corp (NYSE: VFC) has recently enjoyed extremely important positive changes in investment behavior: positive upside/downside volume developed, its longer term price trend turned up, and the stock rose on very heavy volume.

Small positive changes in fundamentals have recently occurred for V.F. Corp (NYSE: VFC): significant quarterly earnings acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of F. We would view the shares with optimism pending completion of this review in the next several days.

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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, with the Lowest Value Trend Rating the result.

Recent Price Action

V.F. Corp (NYSE: VFC) stock enjoyed a very large increase of 7.1% on 8/7/24. The shares closed at $17.60. Moreover, exceptionally high trading volume at 212% of normal accompanied the advance. The stock has been extremely weak relative to the market over the last nine months but has risen 6.2% during the last week.

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