In the latest trading session, V.F. (VFC) closed at $90.70, marking a +0.39% move from the previous day. The stock lagged the S&P 500's daily gain of 0.58%. Meanwhile, the Dow gained 0.45%, and the Nasdaq, a tech-heavy index, added 1.13%.
Prior to today's trading, shares of the maker of brands such as Vans, North Face and Timberland had lost 3.18% over the past month. This has lagged the Consumer Discretionary sector's loss of 1.88% and the S&P 500's loss of 2.34% in that time.
Investors will be hoping for strength from VFC as it approaches its next earnings release, which is expected to be May 22, 2019. On that day, VFC is projected to report earnings of $0.58 per share, which would represent a year-over-year decline of 13.43%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $3.20 billion, up 5.21% from the year-ago period.
Any recent changes to analyst estimates for VFC should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.21% higher. VFC is currently sporting a Zacks Rank of #2 (Buy).
Digging into valuation, VFC currently has a Forward P/E ratio of 21.29. Its industry sports an average Forward P/E of 16.04, so we one might conclude that VFC is trading at a premium comparatively.
Also, we should mention that VFC has a PEG ratio of 1.87. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Textile - Apparel industry currently had an average PEG ratio of 1.45 as of yesterday's close.
The Textile - Apparel industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 92, putting it in the top 36% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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