VF Corp. (NYSE:VFC) shares, rose in value on Friday, April 26, with the stock price up by 1.90% to the previous day’s close as strong demand from buyers drove the stock to $12.86.
Actively observing the price movement in the recent trading, the stock is buoying the session at $12.62. Referring to stock’s 52-week performance, its high was $23.55, and the low was $11.91. On the whole, VFC has fluctuated by -14.78% over the past month.
The company’s Forward Dividend Ratio is 0.78, with its dividend yield at 6.07%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 10.51B, with a low estimate of 2.32B and a high estimate of 2.52B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 2.42B.
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 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of VFC currently trading nearly -3.47% and -12.34% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 41.54, while the 7-day volatility ratio is showing 2.96% which for the 30-day chart, stands at 3.69%. Furthermore, VF Corp. (VFC)’s beta value is 1.51, and its average true range (ATR) is 0.54.
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 1.90% in today’s session so far, and over the past year, it shrunk by -42.23%%.
Data on historical trading for VF Corp. (NYSE:VFC) indicates that the trading volumes over the past 3 months, they’ve averaged 9.94 million. According to company’s latest data on outstanding shares, there are 388.67 million shares outstanding.
Nearly 5.74% of VF Corp.’s shares belong to company insiders and institutional investors own 86.95% of the company’s shares. The stock has fallen by -31.60% 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.
