Abercrombie & Fitch Co. [NYSE: ANF] gained 0.97% or 1.53 points to close at $158.51 with a heavy trading volume of 10173564 shares.
The daily chart for ANF points out that the company has recorded 63.36% gains over the past six months.
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If we look at the average trading volume of 1.56M shares, ANF reached to a volume of 10173564 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying 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 $190.71 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 2.60. 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.
Argus have made an estimate for Abercrombie & Fitch Co. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on July 11, 2024. While these analysts kept the previous recommendation, Telsey Advisory Group raised their target price from $152 to $208. The new note on the price target was released on May 30, 2024, representing the official price target for Abercrombie & Fitch Co. stock. Previously, the target price had yet another raise from $140 to $152, while Telsey Advisory Group kept a Outperform rating on ANF stock. On February 28, 2024, analysts increased their price target for ANF shares from 105 to 140.
The Average True Range (ATR) for Abercrombie & Fitch Co. is set at 7.58, with the Price to Sales ratio for ANF stock in the period of the last 12 months amounting to 1.81. The Price to Book ratio for the last quarter was 7.51, with the Price to Cash per share for the same quarter was set at 16.91. Price to Free Cash Flow for ANF in the course of the last twelve months was 13.54 with Quick ratio for the last quarter at 1.15.
Trading performance analysis for ANF stock
Abercrombie & Fitch Co. [ANF] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.50. With this latest performance, ANF shares dropped by -14.45% in over the last four-week period, additionally plugging by 63.36% over the last 6 months – not to mention a rise of 328.06% 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 39.59, with the RSI for the last a single of trading hit 33.30, and the three-weeks RSI is set at 44.65 for Abercrombie & Fitch Co. [ANF]. The present Moving Average for the last 50 days of trading for this stock 165.94, while it was recorded at 161.74 for the last single week of trading, and 114.61 for the last 200 days.
Abercrombie & Fitch Co. [ANF]: A deeper dive into fundamental analysis
Abercrombie & Fitch Co.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.15 and a Current Ratio set at 1.64.
Abercrombie & Fitch Co. [ANF]: An earnings per share (EPS) analysis
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%.
An analysis of Institutional ownership at Abercrombie & Fitch Co. [ANF]
The top three institutional holders of ANF stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in ANF stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in ANF stock with ownership which is approximately 5.1238%.
