Stock Market Recap: Abercrombie & Fitch Co. (ANF) Concludes at 114.84, a 4.06 Surge/Decline

For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.

After finishing at $110.36 in the prior trading day, Abercrombie & Fitch Co. (NYSE: ANF) closed at $114.84, up 4.06%. In other words, the price has increased by $4.06 from its previous closing price. On the day, 1.22 million shares were traded. ANF stock price reached its highest trading level at $115.81 during the session, while it also had its lowest trading level at $111.22.

Ratios:

Our goal is to gain a better understanding of ANF by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.83. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 1.59. In the meantime, Its Debt-to-Equity ratio is 1.01 whereas as Long-Term Debt/Eq ratio is at 0.84.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Telsey Advisory Group on March 07, 2024, Reiterated its Outperform rating but revised its target price to $152 from $140 previously.

On February 28, 2024, Telsey Advisory Group reiterated its Outperform rating and also lowered its target price recommendation from $105 to $140.

Telsey Advisory Group reiterated its Outperform rating for the stock on January 09, 2024, while the target price for the stock was revised from $95 to $105.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 18 ’24 when Horowitz Fran sold 400,000 shares for $110.61 per share. The transaction valued at 44,244,000 led to the insider holds 525,520 shares of the business.

Scott Kristin A. sold 120,000 shares of ANF for $15,138,427 on Mar 08 ’24. The President-Global Brands now owns 38,208 shares after completing the transaction at $126.15 per share. On Mar 08 ’24, another insider, Lipesky Scott D., who serves as the EVP, COO and CFO of the company, sold 35,000 shares for $127.95 each. As a result, the insider received 4,478,250 and left with 88,558 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 5859986432 and an Enterprise Value of 6022301184. As of this moment, Abercrombie’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.46, and their Forward P/E ratio for the next fiscal year is 14.23. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.37 while its Price-to-Book (P/B) ratio in mrq is 5.60. Its current Enterprise Value per Revenue stands at 1.407 whereas that against EBITDA is 9.527.

Stock Price History:

The Beta on a monthly basis for ANF is 1.61, which has changed by 4.0017424 over the last 52 weeks, in comparison to a change of 0.23061275 over the same period for the S&P500. Over the past 52 weeks, ANF has reached a high of $140.28, while it has fallen to a 52-week low of $21.74. The 50-Day Moving Average of the stock is -6.39%, while the 200-Day Moving Average is calculated to be 44.08%.

Shares Statistics:

The stock has traded on average 1.66M shares per day over the past 3-months and 1349420 shares per day over the last 10 days, according to various share statistics. A total of 50.50M shares are outstanding, with a floating share count of 49.61M. Insiders hold about 2.78% of the company’s shares, while institutions hold 107.91% stake in the company. Shares short for ANF as of 1711584000 were 4390555 with a Short Ratio of 2.65, compared to 1709164800 on 5713220. Therefore, it implies a Short% of Shares Outstanding of 4390555 and a Short% of Float of 12.47.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 4.64. The current Payout Ratio is 0.00% for ANF, which recently paid a dividend on 2020-03-05 with an ex-dividend date of 1583366400. Stock splits for the company last occurred on 1999-06-16 when the company split stock in a 2:1 ratio.

Earnings Estimates

The company has 7 analysts who recommend its stock at the moment. On average, analysts expect EPS of $1.53 for the current quarter, with a high estimate of $1.62 and a low estimate of $1.39, while EPS last year was $0.39. The consensus estimate for the next quarter is $1.43, with high estimates of $1.74 and low estimates of $1.17.

Analysts are recommending an EPS of between $8.69 and $7.1 for the fiscal current year, implying an average EPS of $7.66. EPS for the following year is $8.09, with 8 analysts recommending between $10.51 and $6.55.

Revenue Estimates

A total of 7 analysts have provided revenue estimates for ANF’s current fiscal year. The highest revenue estimate was $4.6B, while the lowest revenue estimate was $4.51B, resulting in an average revenue estimate of $4.53B. In the same quarter a year ago, actual revenue was $4.28B, up 5.90% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $4.74B in the next fiscal year. The high estimate is $4.84B and the low estimate is $4.67B. The average revenue growth estimate for next year is up 4.60% from the average revenue estimate for this year.

Most Popular

[the_ad id="945"]