V.F. stock closed flat, outperforming S&P 500, with upcoming earnings and revenue declines

From Nasdaq: 2024-09-20 18:15:22

V.F. (VFC) closed at $18.65, no change from previous day, outperforming S&P 500. Stock gained 12.35% past month, beating Consumer Discretionary and S&P 500. V.F.’s upcoming earnings project $0.44 EPS and $2.84 billion revenue, both reflecting declines. Recent analyst estimates and Zacks Rank suggest changing business trends and stock price performance correlation.

V.F. currently trades at Forward P/E ratio of 26.06 and PEG ratio of 2.14, both higher than industry averages. Textile – Apparel industry ranks at 170, in bottom 33% of all industries. Zacks Industry Rank indicates top 50% rated industries outperform bottom half by 2 to 1. Zacks.com provides key stock metrics for informed investment decisions.

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Read more at Nasdaq: V.F. (VFC) Flat As Market Sinks: What You Should Know