Market Update: Abercrombie & Fitch Co. (ANF) Sees Negative Movement, Closing at 137.73

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In the latest session, Abercrombie & Fitch Co. (NYSE: ANF) closed at $137.73 down -3.08% from its previous closing price of $142.10. In other words, the price has decreased by -$3.08 from its previous closing price. On the day, 1.24 million shares were traded. ANF stock price reached its highest trading level at $141.73 during the session, while it also had its lowest trading level at $136.38.

Ratios:

For a deeper understanding of Abercrombie & Fitch Co.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.92. For the most recent quarter (mrq), Quick Ratio is recorded 0.93 and its Current Ratio is at 1.44. In the meantime, Its Debt-to-Equity ratio is 0.74 whereas as Long-Term Debt/Eq ratio is at 0.57.

On August 29, 2024, Telsey Advisory Group reiterated its Outperform rating and also upped its target price recommendation from $208 to $190.

JP Morgan Upgraded its Neutral to Overweight on July 22, 2024, whereas the target price for the stock was revised from $167 to $194.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 06 ’24 when Desai Samir sold 19,041 shares for $131.36 per share. The transaction valued at 2,501,264 led to the insider holds 27,985 shares of the business.

TRAVIS NIGEL sold 4,292 shares of ANF for $568,789 on Sep 06 ’24. The Director now owns 19,800 shares after completing the transaction at $132.52 per share. On Sep 05 ’24, another insider, McCluskey Helen, who serves as the Director of the company, sold 3,500 shares for $139.38 each. As a result, the insider received 487,830 and left with 37,470 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ANF now has a Market Capitalization of 7035068928 and an Enterprise Value of 7202131456. As of this moment, Abercrombie’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.60, and their Forward P/E ratio for the next fiscal year is 12.92. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.51 while its Price-to-Book (P/B) ratio in mrq is 5.83. Its current Enterprise Value per Revenue stands at 1.544 whereas that against EBITDA is 8.817.

Stock Price History:

Over the past 52 weeks, ANF has reached a high of $196.99, while it has fallen to a 52-week low of $50.03. The 50-Day Moving Average of the stock is -7.08%, while the 200-Day Moving Average is calculated to be 3.34%.

Shares Statistics:

For the past three months, ANF has traded an average of 1.87M shares per day and 1596580 over the past ten days. A total of 50.50M shares are outstanding, with a floating share count of 50.12M. Insiders hold about 1.87% of the company’s shares, while institutions hold 102.20% stake in the company. Shares short for ANF as of 1724976000 were 3765781 with a Short Ratio of 2.11, compared to 1722384000 on 3908446. Therefore, it implies a Short% of Shares Outstanding of 3765781 and a Short% of Float of 13.3.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 4.64.

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