Recent Performance of Abercrombie & Fitch Co. (ANF) Stock: A Closer Look

Abercrombie & Fitch Co. [ANF] stock prices are up 5.24% to $154.57 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ANF shares have gain 14.93% over the last week, with a monthly amount drifted -10.78%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Abercrombie & Fitch Co. [NYSE: ANF] stock has seen the most recent analyst activity on July 22, 2024, when JP Morgan upgraded its rating to a Overweight and also boosted its price target to $194 from $167. Previously, Argus downgraded its rating to Hold on July 11, 2024. On May 30, 2024, Telsey Advisory Group reiterated its Outperform rating and revised its price target to $208 on the stock. Telsey Advisory Group reiterated its Outperform rating and increased its price target to $152 on March 07, 2024. Telsey Advisory Group reiterated its recommendation of a Outperform and raised its price target to $140 on February 28, 2024. Telsey Advisory Group reiterated a Outperform rating for this stock on January 09, 2024, and upped its price target to $105. In a note dated November 22, 2023, Telsey Advisory Group reiterated an Outperform rating on this stock and boosted its target price from $74 to $83.

The stock price of Abercrombie & Fitch Co. [ANF] has been fluctuating between $39.30 and $196.99 over the past year. Currently, Wall Street analysts expect the stock to reach $127.89 within the next 12 months. Abercrombie & Fitch Co. [NYSE: ANF] shares were valued at $154.57 at the most recent close of the market. An investor can expect a potential drop of -17.26% based on the average ANF price forecast.

Analyzing the ANF fundamentals

The Abercrombie & Fitch Co. [NYSE:ANF] reported sales of 4.47B for trailing twelve months, representing a surge of 22.10%. Gross Profit Margin for this corporation currently stands at 0.64% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.14, Equity is 0.45 and Total Capital is 0.28. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.98.

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 149.62 points at the first support level, and at 144.68 for the second support level. However, for the 1st resistance point, the stock is sitting at 157.32, and for the 2nd resistance point, it is at 160.08.

Ratios To Look Out For

It’s worth pointing out that Abercrombie & Fitch Co. [NYSE:ANF]’s Current Ratio is 1.64. Further, the Quick Ratio stands at 1.15, while the Cash Ratio is 0.94. Considering the valuation of this stock, the price to sales ratio is 1.77, the price to book ratio is 7.32 and price to earnings (TTM) ratio is 19.23.

Transactions by insiders

Recent insider trading involved Robinson Kenneth B., Director, that happened on Jun 06 ’24 when 1300.0 shares were sold. Director, TRAVIS NIGEL completed a deal on Jun 04 ’24 to sell 7700.0 shares. Meanwhile, EVP, COO and CFO Lipesky Scott D. sold 9000.0 shares on May 31 ’24.

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