16.56 -0.02 (-0.13%)
After hours: 4:26PM EDT
|Bid||16.58 x 45100|
|Ask||17.00 x 28000|
|Day's Range||16.26 - 16.75|
|52 Week Range||16.11 - 23.85|
|Beta (3Y Monthly)||0.11|
|PE Ratio (TTM)||156.42|
|Earnings Date||Oct 30, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||0.60 (3.68%)|
|1y Target Est||20.86|
After the second-quarter fiscal 2019 earnings announcement, 71.0% of 24 analysts have retained a “buy” rating for VF (VFC), while 29.0% rated it a “hold.”
On October 19, VF Corporation (VFC) stock shed 10.7% of its value after it reported results for the second quarter of fiscal 2019. The quarter ended on September 30. The company beat revenue and adjusted EPS estimates and also registered strong year-over-year growth.
These three dividend stocks have reasonable valuations, are backed by dependable businesses, and could help fund your desired lifestyle in retirement.
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Jim Cramer speeds through his take on callers' favorite stocks, including his favorite pick for "decent growth with good yield."
Of the 23 analysts covering VF Corporation (VFC) stock on October 12, 74.0% recommended a “buy,” and the remaining 26.0% gave VFC a “hold” rating. VFC is a leading apparel manufacturer in the US. The company’s brands include North Face, Vans, Timberland, Kipling, Lee, and Wrangler. Vans, North Face, and Timberland are the three biggest revenue drivers. In the first quarter of fiscal 2019, which ended on June 30, combined sales of these three brands accounted for 21% of overall sales.
On October 12, VF Corporation’s (VFC) 12-month forward PE (price-to-earnings) ratio was 22.4x. Hanesbrands (HBI), PVH Corp. (PVH), Michael Kors (KORS), and Ralph Lauren (RL) have PE ratios of 8.8x, 12.6x, 12.2x, and 17.4x, respectively.
As of October 12, VF Corporation (VFC) stock has increased 18.1% YTD (year-to-date) to $87.43. Meanwhile, Hanesbrands (HBI) and PVH Corp (PVH) have fallen 21.8% and 8.1%, respectively. VF Corporation is a leading name in the apparel manufacturing space.
VF Corporation (VFC) is scheduled to announce its second quarter of fiscal 2019 results on October 19. Its adjusted EPS (earnings per share) estimate for the quarter is $1.33. Higher revenue along with a lower tax rate could drive its bottom-line performance. Share repurchases could also offer some upside. As of June 30, 2018, VFC had $4 billion under its existing share buyback authorization.
Wall Street analysts estimate that VF Corporation (VFC) will report revenue of $3.86 billion in the second quarter of fiscal 2019. VF is scheduled to report its second-quarter results on October 19. In the first quarter, which ended on June 30, VF Corporation reported revenue growth of 23.0% to $2.79 billion.
Over the trailing ten quarters, Hanesbrands (HBI) has missed Wall Street estimates on three occasions while matching these estimates in four quarters. It beat estimates in the remaining three quarters.
Hanesbrands Stock Is Down 16.8%: What’s Driving the Decline? Hanesbrands’ (HBI) top-line growth is driven by its acquisitions and robust sales of its Champion brand. Looking at its quarterly sales growth over the trailing ten quarters, the company has beaten the estimates for five quarters and missed the same in the remaining quarters.
Hanesbrands Stock Is Down 16.8%: What’s Driving the Decline? Its gross margin was negatively impacted by increases in its input, acquisition-related, and integration costs, which offset the gains in its International segment’s gross margin and synergies from acquisitions. HBI’s SG&A expenses increased 5.8%, and the SG&A expense rate as a percentage of sales increased ten basis points to 27.4%.
Of the 15 analysts covering Hanesbrands (HBI) stock on October 9, 60.0% retained a “hold” rating, and the remaining 40.0% gave HBI a “buy” rating.
On October 9, Hanesbrands’ (HBI) 12-month forward PE (price-to-earnings) ratio was 9.6x. VF Corporation (VFC), Ralph Lauren (RL), Michael Kors (KORS), and PVH Corp. (PVH) reported higher PE ratios of 23.8x, 18.3x, 12.9x, and 13.5x, respectively. Growth projections
On October 9, Hanesbrands (HBI) stock fell 16.8% to $17.39 on a year-to-date basis. Since its second-quarter earnings release on August 1, HBI stock has declined 3.2%. In addition to its earnings miss, investors have been concerned by Hanesbrands’ decision not to renew its C9 by Champion contract with Target (TGT).
Nonprofit charity Delivering Good to distribute the donated apparel to relief agencies in Georgia, North Carolina and South Carolina
Consumer cyclical sector valuations remain slightly elevated, with a weighted average price/fair value ratio of 1.05, in line with last quarter's valuation. While concerns about potential disruption from businesses like Amazon.com AMZN linger across many consumer companies, we believe there are certain categories that are better positioned, embracing the aforementioned qualities. Other consumer product companies that have shown a willingness to invest in convenience, ease of use, and experience--Airbnb and Uber come to mind--continue to grab at market share gains across their user base.
Hanesbrands (HBI) likely to gain from international strength, focus on buyouts and solid online business. However, the company is battling input cost inflation.
Champion Athleticwear, makers of authentic athletic apparel since 1919, is continuing to expand its retail footprint with its first store in Chicago and its third in the U.S. overall. The Champion store is located in Chicago’s Wicker Park neighborhood, the city’s creative epicenter and a diverse area filled with shops, art galleries, theaters and restaurants. Located just minutes from downtown Chicago, the store is easily accessible from anywhere in the city via public transportation and is just steps from the Blue Line “L” stop.
On Aug. 1, Hanesbrands Inc. (HBI) announced that it would not be renewing a contract to sell an exclusive line of Champion activewear to Target (TGT). The stock dropped more than 20% that day, because at the moment, the big-box retailer accounts for 13% of Hanesbrands total sales, and 25% in the activewear segment. Warning! GuruFocus has detected 3 Warning Signs with HBI.