Upward Trajectory: Abercrombie & Fitch Co. (ANF) Posts a Gaine, Closing at 129.38

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The closing price of Abercrombie & Fitch Co. (NYSE: ANF) was $129.38 for the day, up 0.48% from the previous closing price of $128.76. In other words, the price has increased by $0.48 from its previous closing price. On the day, 1.09 million shares were traded. ANF stock price reached its highest trading level at $131.54 during the session, while it also had its lowest trading level at $127.77.

Ratios:

Our analysis of ANF’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.34 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.34. 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:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 6611149824 and an Enterprise Value of 6764239872. As of this moment, Abercrombie’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.80, and their Forward P/E ratio for the next fiscal year is 15.96. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.54 while its Price-to-Book (P/B) ratio in mrq is 6.31. Its current Enterprise Value per Revenue stands at 1.58 whereas that against EBITDA is 10.701.

Stock Price History:

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 4.71%, while the 200-Day Moving Average is calculated to be 54.11%.

Shares Statistics:

ANF traded an average of 1.66M shares per day over the past three months and 1102360 shares per day over the past ten days. A total of 50.50M shares are outstanding, with a floating share count of 50.08M. Insiders hold about 1.99% of the company’s shares, while institutions hold 108.21% stake in the company. Shares short for ANF as of 1713139200 were 4828455 with a Short Ratio of 2.91, compared to 1710460800 on 5001711. Therefore, it implies a Short% of Shares Outstanding of 4828455 and a Short% of Float of 17.03.

Dividends & Splits

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

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