VF Corp. (NYSE:VFC) price closed lower on Friday, April 12, dropping -7.77% below its previous close.
A look at the daily price movement shows that the last close reads $13.13. The company’s 5Y monthly beta was ticking 1.51. Taking into account the 52-week price action we note that the stock hit a 52-week high of $23.58 and 52-week low of $12.85. The stock subtracted -21.87% on its value in the past month.
VF Corp., which has a market valuation of $4.71 billion, is expected to release its quarterly earnings report May 21, 2024 – May 27, 2024. The company stock has a Forward Dividend ratio of 0.78, while the dividend yield is 6.44%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give VFC a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
The overview shows that VFC’s price is at present -15.21% off the SMA20 and -21.45% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 27.08, with weekly volatility standing at 4.07%. The indicator jumps to 3.65% when calculated based on the past 30 days. VF Corp. (NYSE:VFC)’s beta value is holding at 1.49, while the average true range (ATR) indicator is currently reading 0.63. An analysis of the VF Corp. (NYSE:VFC) stock in terms of its daily trading volume indicates that the 3-month average is 9.78 million.
Current records show that the company has 388.67M in outstanding shares. The insiders’ percentage holdings are 5.74% of outstanding shares while the percentage share held by institutions stands at 87.67%. But the -35.59% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
