Abercrombie & Fitch Co. [ANF] moved up 7.02: Why It’s Important

Abercrombie & Fitch Co. [NYSE: ANF] jumped around 2.88 points on Thursday, while shares priced at $43.90 at the close of the session, up 7.02%. The company report on May 27, 2021 that Abercrombie & Fitch and The Trevor Project Launch Co-Designed Pride Collection.

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With more than 11 years of partnership and over $2 Million donated, Abercrombie & Fitch continues its support of The Trevor Project’s vital services for LGBTQ youth.

Abercrombie & Fitch, a division of Abercrombie & Fitch Co. (NYSE: ANF), is proud to announce the launch of its 2021 Pride collection for both the Abercrombie & Fitch and abercrombie kids brands. The collection was co-created with The Trevor Project, the world’s largest suicide prevention and crisis intervention organization for lesbian, gay, bisexual, transgender, queer and questioning (LGBTQ) young people.

Abercrombie & Fitch Co. stock is now 115.62% up from its year-to-date (YTD) trading value. ANF Stock saw the intraday high of $44.07 and lowest of $41.14 per share. The company’s 52-week high price is 43.90, which means current price is +116.79% above from all time high which was touched on 05/27/21.

Compared to the average trading volume of 1.62M shares, ANF reached a trading volume of 4047239 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Abercrombie & Fitch Co. [ANF]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ANF shares is $38.89 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ANF stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Telsey Advisory Group have made an estimate for Abercrombie & Fitch Co. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on May 27, 2021. While these analysts kept the previous recommendation, Telsey Advisory Group raised their target price from $32 to $48. The new note on the price target was released on May 19, 2021, representing the official price target for Abercrombie & Fitch Co. stock. Previously, the target price had yet another raise to $35, while RBC Capital Mkts analysts kept a Sector Perform rating on ANF stock.

The Average True Range (ATR) for Abercrombie & Fitch Co. is set at 2.32, with the Price to Sales ratio for ANF stock in the period of the last 12 months amounting to 0.88. The Price to Book ratio for the last quarter was 2.93, with the Price to Cash per share for the same quarter was set at 17.72. Price to Free Cash Flow for ANF in the course of the last twelve months was 9.43 with Quick ratio for the last quarter at 1.30.

How has ANF stock performed recently?

Abercrombie & Fitch Co. [ANF] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 17.35. With this latest performance, ANF shares gained by 13.09% in over the last four-week period, additionally plugging by 91.12% over the last 6 months – not to mention a rise of 278.45% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ANF stock in for the last two-week period is set at 64.12, with the RSI for the last a single of trading hit 67.94, and the three-weeks RSI is set at 62.60 for Abercrombie & Fitch Co. [ANF]. The present Moving Average for the last 50 days of trading for this stock 37.91, while it was recorded at 39.55 for the last single week of trading, and 24.34 for the last 200 days.

Abercrombie & Fitch Co. [ANF]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Abercrombie & Fitch Co. [ANF] shares currently have an operating margin of -5.97 and a Gross Margin at +54.77. Abercrombie & Fitch Co.’s Net Margin is presently recorded at -3.65.

Return on Total Capital for ANF is now -6.99, given the latest momentum, and Return on Invested Capital for the company is -4.77. Return on Equity for this stock declined to -11.43, with Return on Assets sitting at -3.32. When it comes to the capital structure of this company, Abercrombie & Fitch Co. [ANF] has a Total Debt to Total Equity ratio set at 165.52. Additionally, ANF Total Debt to Total Capital is recorded at 62.34, with Total Debt to Total Assets ending up at 46.77. Long-Term Debt to Equity for the company is recorded at 138.96, with the Long-Term Debt to Total Capital now at 52.33.

Reflecting on the efficiency of the workforce at the company, Abercrombie & Fitch Co. [ANF] managed to generate an average of -$3,354 per employee. Receivables Turnover for the company is 38.09 with a Total Asset Turnover recorded at a value of 0.91.Abercrombie & Fitch Co.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.30 and a Current Ratio set at 1.70.

Earnings analysis for Abercrombie & Fitch Co. [ANF]

With the latest financial reports released by the company, Abercrombie & Fitch Co. posted 0.23/share EPS, while the average EPS was predicted by analysts to be reported at -0.83/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 127.70%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ANF. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Abercrombie & Fitch Co. go to 18.00%.

Insider trade positions for Abercrombie & Fitch Co. [ANF]

There are presently around $2,390 million, or 95.50% of ANF stock, in the hands of institutional investors. The top three institutional holders of ANF stocks are: BLACKROCK INC. with ownership of 10,195,022, which is approximately 6.875% of the company’s market cap and around 1.00% of the total institutional ownership; VANGUARD GROUP INC, holding 6,894,820 shares of the stock with an approximate value of $282.83 million in ANF stocks shares; and DIMENSIONAL FUND ADVISORS LP, currently with $192.97 million in ANF stock with ownership of nearly -1.295% of the company’s market capitalization.

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Positions in Abercrombie & Fitch Co. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 99 institutional holders increased their position in Abercrombie & Fitch Co. [NYSE:ANF] by around 7,499,275 shares. Additionally, 115 investors decreased positions by around 8,798,484 shares, while 28 investors held positions by with 41,958,898 shares. The mentioned changes placed institutional holdings at 58,256,657 shares, according to the latest SEC report filing. ANF stock had 49 new institutional investments in for a total of 2,161,061 shares, while 31 institutional investors sold positions of 3,080,270 shares during the same period.

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