Alert: New Earnings Report (10/28/24)-V.F. Corp (NYSE: VFC).

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V.F. Corp (NYSE: VFC) has reported E.P.S. of $0.52 for its second fiscal quarter (ending September 30) versus $-1.16 for the same period a year ago — a decline of -145%. E.P.S. were $-1.06 for the latest four quarters through September 30 versus $-0.55 for the same period a year ago — an increase of 93%.

Recent Price Action

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On 10/28/24, V.F. Corp (NYSE: VFC) stock increased 1.8%, closing at $17.03. Moreover, unusually high trading volume at 195% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months but has declined -13.1% 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 C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. V.F. has a poor Appreciation Score of 15 but a good Power Rating of 73, triggering the Low Neutral Value Trend Rating.

Rating Review

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

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