Can VF Corp’s (VFC) drop of -4.34% in a week be considered a lucky break?

On Friday, VF Corp (NYSE: VFC) opened lower -1.76% from the last session, before settling in for the closing price of $21.54. Price fluctuations for VFC have ranged from $11.00 to $23.49 over the past 52 weeks.

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A company in the Consumer Cyclical sector has jumped its sales by 1.34% annually for the last half of the decade. Company’s average yearly earnings per share was noted -38.79% at the time writing. With a float of $367.15 million, this company’s outstanding shares have now reached $389.28 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

A key investor’s attitude towards the stock of the Apparel Manufacturing industry is another important factor to consider. The insider ownership of VF Corp is 5.70%, while institutional ownership is 96.82%. 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

According to the Wall Street analysts, stocks earnings will be around -38.79% per share during the next fiscal year.

VF Corp (NYSE: VFC) Trading Performance Indicators

Check out the current performance indicators for VF Corp (VFC). In the past quarter, the stock posted a quick ratio of 0.88. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.81. Likewise, its price to free cash flow for the trailing twelve months is 12.83.

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 4.16 million. That was better than the volume of 3.95 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 39.22%. Additionally, its Average True Range was 0.82.

During the past 100 days, VF Corp’s (VFC) raw stochastic average was set at 66.97%, which indicates a significant increase from 20.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.26% in the past 14 days, which was lower than the 59.11% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $20.64, while its 200-day Moving Average is $16.73. However, in the short run, VF Corp’s stock first resistance to watch stands at $21.70. Second resistance stands at $22.23. The third major resistance level sits at $22.65. If the price goes on to break the first support level at $20.74, it is likely to go to the next support level at $20.32. The third support level lies at $19.79 if the price breaches the second support level.

VF Corp (NYSE: VFC) Key Stats

There are currently 389,319K shares outstanding in the company with a market cap of 8.09 billion. Presently, the company’s annual sales total 10,455 M according to its annual income of -968,880 K. Last quarter, the company’s sales amounted to 2,758 M and its income totaled 52,180 K.