VF Corp (VFC) is 5.10% away from 50-day simple Moving Average despite all headwinds

VF Corp (NYSE: VFC) kicked off on Tuesday, down -2.36% from the previous trading day, before settling in for the closing price of $20.76. Over the past 52 weeks, VFC has traded in a range of $11.00-$23.09.

A company in the Consumer Cyclical sector has jumped its sales by 1.34% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -38.07%. With a float of $367.14 million, this company’s outstanding shares have now reached $388.84 million.

In an organization with 30000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 52.27%, operating margin of 3.76%, and the pretax margin is -5.42%.

VF Corp (VFC) Insider and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Apparel Manufacturing Industry. The insider ownership of VF Corp is 5.70%, while institutional ownership is 97.63%. The most recent insider transaction that took place on Aug 22 ’24, was worth 250,500. In this transaction Director of this company bought 15,000 shares at a rate of $16.70, taking the stock ownership to the 230,178 shares. Before that another transaction happened on Jun 13 ’24, when Company’s Director bought 25,000 for $13.78, making the entire transaction worth $344,495. This insider now owns 215,130 shares in total.

VF Corp (VFC) Latest Financial update

In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.57 earnings per share (EPS), lower than consensus estimate (set at 0.77) by -0.2. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.13 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -38.07% per share during the next fiscal year.

VF Corp (NYSE: VFC) Trading Performance Indicators

Take a look at VF Corp’s (VFC) current performance indicators. Last quarter, stock had a quick ratio of 0.88. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.79. Likewise, its price to free cash flow for the trailing twelve months is 12.51.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.38, a number that is poised to hit 0.33 in the next quarter and is forecasted to reach 0.94 in one year’s time.

Technical Analysis of VF Corp (VFC)

Let’s dig in a bit further. During the last 5-days, its volume was 5.32 million. That was inferior than the volume of 8.27 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 19.15%. Additionally, its Average True Range was 1.05.

During the past 100 days, VF Corp’s (VFC) raw stochastic average was set at 72.92%, which indicates a significant increase from 57.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 110.05% in the past 14 days, which was higher than the 65.07% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $19.29, while its 200-day Moving Average is $15.88. However, in the short run, VF Corp’s stock first resistance to watch stands at $20.62. Second resistance stands at $20.98. The third major resistance level sits at $21.25. If the price goes on to break the first support level at $19.99, it is likely to go to the next support level at $19.72. The third support level lies at $19.36 if the price breaches the second support level.

VF Corp (NYSE: VFC) Key Stats

The company with the Market Capitalisation of 7.89 billion has total of 389,319K Shares Outstanding. Its annual sales at the moment are 10,455 M in contrast with the sum of -968,880 K annual income. Company’s last quarter sales were recorded 2,758 M and last quarter income was 52,180 K.