V.F. Corporation’s Stock Price Tumbles to $14.28, a Sharp 6.67% Decline: An In-depth Market Analysis

V.F. Corporation (VFC)

14.28 USD -1.02 (-6.67%) Volume: 81.22M

V.F. Corporation’s stock price stands at 14.28 USD, experiencing a 6.67% drop in the latest trading session with a substantial trading volume of 81.22M. The stock has seen a significant YTD decrease of 24.04%, reflecting its volatile performance in the market.

Latest developments on V.F. Corporation

Today, VF Corp. stock underperformed in comparison to its competitors, reacting to the wider market trend following a warning from high-end retailer Calvin Klein’s parent company, PVH. Despite this, Pacer Advisors Inc. maintains a substantial $1.15 million holding in VF Corp. (NYSE:VFC), demonstrating continued confidence in the company’s financial strength and future prospects.

V.F. Corporation on Smartkarma

According to recent analyst coverage on Smartkarma, an independent investment research network, Vf Corp has faced challenges in its wholesale performance despite strength in its direct-to-consumer channels. The company’s Third Quarter Fiscal 2024 results were disappointing due to warm weather affecting sales of their popular North Face and Timberland brands, operational challenges, and an ongoing cyber incident. However, the company is taking aggressive steps to improve performance and prevent similar results in the future. This includes implementing transformation efforts across the company to address these issues.

In another report, analysts discussed Vf Corp‘s “Reinvent” plan and its potential impact on the fashion industry. While the company delivered mixed results in the previous quarter, with revenues above analyst consensus, there were declines in certain areas such as Vans and the Americas business. However, Vans faced challenges with a 23% revenue decline attributed to slow sell-through rates and low traffic. Despite these challenges, the company’s transformation efforts and focus on direct-to-consumer channels show promise for future growth and success in the fashion industry.

A look at V.F. Corporation Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

VF Corporation, a global apparel company, has been given a solid overall outlook according to the Smartkarma Smart Scores. With a score of 3 for value, this indicates that the company is priced at a fair value and is not overvalued. On the other hand, VF Corp received a perfect score of 5 for dividend, meaning that the company is performing well in terms of paying dividends to its shareholders. However, the company scored low in terms of growth with a score of 2, indicating that there may be limited potential for growth in the future. Additionally, VF Corp received a score of 2 for resilience, meaning that the company may not be able to withstand major economic downturns. Finally, the company scored a 3 for momentum, indicating that it is performing averagely in terms of market momentum. Overall, VF Corp’s scores suggest a stable long-term outlook for the company.

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