V.F. (VFC) closed at $95.37 in the latest trading session, marking a +1.58% move from the prior day. This move outpaced the S&P 500's daily gain of 0.96%. At the same time, the Dow added 0.75%, and the tech-heavy Nasdaq gained 1.58%.
Coming into today, shares of the maker of brands such as Vans, North Face and Timberland had gained 4.85% in the past month. In that same time, the Consumer Discretionary sector gained 5.48%, while the S&P 500 gained 1.85%.
VFC will be looking to display strength as it nears its next earnings release, which is expected to be May 22, 2019. In that report, analysts expect VFC to post earnings of $0.58 per share. This would mark 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. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
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. Within the past 30 days, our consensus EPS projection has moved 0.37% higher. VFC is holding a Zacks Rank of #2 (Buy) right now.
Investors should also note VFC's current valuation metrics, including its Forward P/E ratio of 22.12. This represents a premium compared to its industry's average Forward P/E of 17.36.
It is also worth noting that VFC currently has a PEG ratio of 1.95. 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 1.65 as of yesterday's close.
The Textile - Apparel industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 108, putting it in the top 43% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual 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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