VF Corp (NYSE:VFC) shares, rose in value, with the stock price down by -9.00% to the previous day’s close as strong demand from buyers drove the stock to $18.71.
Actively observing the price movement in the recent trading, the stock is buoying the session at $20.56. Referring to stock’s 52-week performance, its high was $29.02, and the low was $11.00. On the whole, VFC has fluctuated by -24.77% over the past month.
With the market capitalization of VF Corp currently standing at about $7.29 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 0.36, with its dividend yield at 1.92%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 9.56B, with a low estimate of 2.15B and a high estimate of 2.29B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 2.17B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that VFC’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the price of VFC currently trading nearly -23.15% and -21.80% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 26.11, while the 7-day volatility ratio is showing 7.52% which for the 30-day chart, stands at 4.55%. Furthermore, VF Corp (VFC)’s beta value is 1.49, and its average true range (ATR) is 1.29.
A comparison of VF Corp (VFC) with its peers suggests the former has fared considerably weaker in the market. VFC showed an intraday change of -9.00% in today’s session so far, and over the past year, it grew by 18.27%%.
Data on historical trading for VF Corp (NYSE:VFC) indicates that the trading volumes over the past 3 months, they’ve averaged 5.71 million. According to company’s latest data on outstanding shares, there are 389.54 million shares outstanding.
Nearly 5.69% of VF Corp’s shares belong to company insiders and institutional investors own 97.97% of the company’s shares. The stock has fallen by -12.81% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the VFC stock heading into the next quarter.
