Abercrombie & Fitch Co. [ANF] stock prices are up 1.93% to $139.95 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ANF shares have gain 11.27% over the last week, with a monthly amount glided 27.84%, and seem to be holding up well over a long-time horizon.
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On 2, February 2024, Abercrombie & Fitch Co. to Report Fourth Quarter and Full Year 2023 Results on March 6, 2024. In a post published today on Yahoo Finance, Abercrombie & Fitch Co. (NYSE: ANF) will host its quarterly earnings conference call for all interested parties on Wednesday, March 6, 2024, at 8:30 a.m. ET. A press release detailing the company’s fourth quarter and full year results is expected to be issued shortly after 7:30 a.m. ET. In addition, a presentation of the fourth quarter and full year results will be available on the company’s website at approximately 7:30 a.m. ET.
From an analyst’s perspective:
Abercrombie & Fitch Co. [NYSE: ANF] stock has seen the most recent analyst activity on February 28, 2024, when Telsey Advisory Group reiterated its Outperform rating and also boosted its price target to $140 from $105. Previously, Telsey Advisory Group reaffirmed its Outperform rating on January 09, 2024, and elevated its price target to $105. On November 22, 2023, Telsey Advisory Group reiterated its Outperform rating and revised its price target to $83 on the stock. Morgan Stanley upgraded its rating to a Equal-Weight and increased its price target to $51 on August 25, 2023. Telsey Advisory Group reiterated its recommendation of a Outperform and raised its price target to $56 on August 24, 2023. Argus upgraded its rating to Buy for this stock on June 12, 2023, but kept the price target unchanged to $41. In a note dated April 12, 2023, Argus downgraded an Hold rating on this stock.
The stock price of Abercrombie & Fitch Co. [ANF] has been fluctuating between $21.74 and $139.48 over the past year. Currently, Wall Street analysts expect the stock to reach $34.14 within the next 12 months. Abercrombie & Fitch Co. [NYSE: ANF] shares were valued at $139.95 at the most recent close of the market. An investor can expect a potential drop of -75.61% based on the average ANF price forecast.
Analyzing the ANF fundamentals
The Abercrombie & Fitch Co. [NYSE:ANF] reported sales of 4.03B for trailing twelve months, representing a surge of 20.04%. Gross Profit Margin for this corporation currently stands at 0.61% with Operating Profit Margin at -0.0%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.27 and Total Capital is -0.0. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.27.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 136.45 points at the first support level, and at 132.96 for the second support level. However, for the 1st resistance point, the stock is sitting at 141.86, and for the 2nd resistance point, it is at 143.78.
Abercrombie & Fitch Co. [ANF] reported earnings per share of $1.83 for its fiscal quarter that ended on 10/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.18/share, meaning a difference of $0.65 and a surprise factor of 55.10%. By comparison, the stated earnings for the previous quarter ended on 7/30/2023 were $1.1 per share as compared to estimates of $0.17 per share, a difference of $0.93 representing a surprise of 547.10%.
Ratios To Look Out For
It’s worth pointing out that Abercrombie & Fitch Co. [NYSE:ANF]’s Current Ratio is 1.40. In addition, the Quick Ratio stands at 0.82 and the Cash Ratio stands at 0.63. Considering the valuation of this stock, the price to sales ratio is 1.75, the price to book ratio is 8.14 and price to earnings (TTM) ratio is 34.97.
Transactions by insiders
Recent insider trading involved Scott Kristin A., President-Global Brands, that happened on Jan 08 when 80000.0 shares were sold. EVP, COO and CFO, Lipesky Scott D. completed a deal on Jan 08 to sell 50000.0 shares. Meanwhile, Director Gallagher Sarah M. sold 13225.0 shares on Nov 22.
