The outlook and analysis of Abercrombie & Fitch Co. (ANF)’s stock

Abercrombie & Fitch Co. [ANF] stock is trading at $142.37, up 2.39%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ANF shares have gain 4.89% over the last week, with a monthly amount glided 6.84%, and 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 August 30, 2024, when Citigroup upgraded its rating to a Buy but kept the price target unchanged to $190 for it. Previously, Telsey Advisory Group reaffirmed its Outperform rating on August 29, 2024, and dropped its price target to $190. On July 22, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $194 on the stock. Argus downgraded its rating to a Hold. Telsey Advisory Group reiterated its recommendation of a Outperform and raised its price target to $208 on May 30, 2024. Telsey Advisory Group reiterated a Outperform rating for this stock on March 07, 2024, and upped its price target to $152. In a note dated February 28, 2024, Telsey Advisory Group reiterated an Outperform rating on this stock and boosted its target price from $105 to $140.

Abercrombie & Fitch Co. [ANF] stock has fluctuated between $54.47 and $196.99 over the past year. Currently, Wall Street analysts expect the stock to reach $151.89 within the next 12 months. Abercrombie & Fitch Co. [NYSE: ANF] shares were valued at $142.37 at the most recent close of the market. An investor can expect a potential return of 6.69% based on the average ANF price forecast.

Analyzing the ANF fundamentals

Abercrombie & Fitch Co. [NYSE:ANF] reported sales of 4.66B for the trailing twelve months, which represents a growth of 21.24%. Gross Profit Margin for this corporation currently stands at 0.64% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.16, Equity is 0.48 and Total Capital is 0.33. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.74.

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 139.81 points at the first support level, and at 137.25 for the second support level. However, for the 1st resistance point, the stock is sitting at 144.57, and for the 2nd resistance point, it is at 146.77.

Ratios To Look Out For

For context, Abercrombie & Fitch Co.’s Current Ratio is 1.44. Also, the Quick Ratio is 0.93, while the Cash Ratio stands at 0.7. Considering the valuation of this stock, the price to sales ratio is 1.56, the price to book ratio is 6.03 and price to earnings (TTM) ratio is 15.09.

Transactions by insiders

Recent insider trading involved Desai Samir, EVP;Chief Digital&Tech Officer, that happened on Sep 06 ’24 when 19041.0 shares were sold. Director, TRAVIS NIGEL completed a deal on Sep 06 ’24 to sell 4292.0 shares. Meanwhile, Director McCluskey Helen sold 3500.0 shares on Sep 05 ’24.

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