VF Corp. (VFC) is -21.45% away from 50-day simple Moving Average despite all headwinds

VF Corp. (NYSE: VFC) on Friday, plunged -7.77% from the previous trading day, before settling in for the closing price of $13.13. Within the past 52 weeks, VFC’s price has moved between $12.85 and $23.58.

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Annual sales at Consumer Cyclical sector company grew by 4.17% over the past five years. The company achieved an average annual earnings per share of -48.41%. With a float of $366.49 million, this company’s outstanding shares have now reached $388.67 million.

Let’s look at the performance matrix of the company that is accounted for 33000 employees.

VF Corp. (VFC) Insider and Institutional Ownership

Observing investor behavior towards Apparel Manufacturing industry stocks is more important than anything else. The insider ownership of VF Corp. is 5.74%, while institutional ownership is 87.67%. The most recent insider transaction that took place on Feb 26 ’24, was worth 310,620. In this transaction Director of this company bought 20,000 shares at a rate of $15.53, taking the stock ownership to the 182,810 shares. Before that another transaction happened on Feb 26 ’24, when Company’s Director sold 4 for $15.53, making the entire transaction worth $62. This insider now owns 53,625 shares in total.

VF Corp. (VFC) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of 56.47 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -48.41% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 0.90% during the next five years compared to -34.44% drop over the previous five years of trading.

VF Corp. (NYSE: VFC) Trading Performance Indicators

VF Corp. (VFC) is currently performing well based on its current performance indicators. A quick ratio of 0.70 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.44. Likewise, its price to free cash flow for the trailing twelve months is 4.20.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.97, a number that is poised to hit 0.03 in the next quarter and is forecasted to reach 1.30 in one year’s time.

Technical Analysis of VF Corp. (VFC)

VF Corp. (NYSE: VFC) saw its 5-day average volume 9.97 million, a positive change from its year-to-date volume of 9.45 million. As of the previous 9 days, the stock’s Stochastic %D was 9.03%. Additionally, its Average True Range was 0.63.

During the past 100 days, VF Corp.’s (VFC) raw stochastic average was set at 1.04%, which indicates a significant decrease from 2.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 56.42% in the past 14 days, which was higher than the 54.84% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $15.33, while its 200-day Moving Average is $17.28. Nevertheless, the first resistance level for the watch stands at $12.61 in the near term. At $13.12, the stock is likely to face the second major resistance level. The third major resistance level sits at $13.41. If the price goes on to break the first support level at $11.81, it is likely to go to the next support level at $11.52. The third support level lies at $11.01 if the price breaches the second support level.

VF Corp. (NYSE: VFC) Key Stats

Market capitalization of the company is 4.71 billion based on 388,816K outstanding shares. Right now, sales total 11,612 M and income totals 118,580 K. The company made 2,960 M in profit during its latest quarter, and -42,450 K in sales during its previous quarter.