Abercrombie & Fitch Co [NYSE: ANF] loss -5.10% or -7.88 points to close at $146.62 with a heavy trading volume of 5004415 shares.
The daily chart for ANF points out that the company has recorded -22.61% loss over the past six months.
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If we look at the average trading volume of 1.77M shares, ANF reached to a volume of 5004415 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 $186.33 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 1.90. 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.
Citigroup have made an estimate for Abercrombie & Fitch Co shares, keeping their opinion on the stock as Buy, with their previous recommendation back on August 30, 2024. While these analysts kept the previous recommendation, Telsey Advisory Group dropped their target price from $208 to $190. The new note on the price target was released on August 29, 2024, representing the official price target for Abercrombie & Fitch Co stock. Previously, the target price had yet another raise from $167 to $194, while JP Morgan kept a Overweight rating on ANF stock.
The Average True Range (ATR) for Abercrombie & Fitch Co is set at 7.65, with the Price to Sales ratio for ANF stock in the period of the last 12 months amounting to 1.61. The Price to Book ratio for the last quarter was 6.21, with the Price to Cash per share for the same quarter was set at 14.46. Price to Free Cash Flow for ANF in the course of the last twelve months was 13.75 with Quick ratio for the last quarter at 0.93.
Trading performance analysis for ANF stock
Abercrombie & Fitch Co [ANF] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.83. With this latest performance, ANF shares gained by 6.31% in over the last four-week period, additionally sinking by -22.61% over the last 6 months – not to mention a rise of 91.91% 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 52.82, with the RSI for the last a single of trading hit 53.61, and the three-weeks RSI is set at 51.85 for Abercrombie & Fitch Co [ANF]. The present Moving Average for the last 50 days of trading for this stock 143.38, while it was recorded at 146.30 for the last single week of trading, and 144.02 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 0.93 and a Current Ratio set at 1.44.
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]
There are presently around $103.31%, or 105.33%% of ANF stock, in the hands of institutional investors. The top three institutional holders of ANF stocks are: BLACKROCK INC. with ownership of 8.11 million shares, which is approximately 15.939%. VANGUARD GROUP INC, holding 6.16 million shares of the stock with an approximate value of $$1.1 billion in ANF stocks shares; and VANGUARD GROUP INC, currently with $$1.08 billion in ANF stock with ownership which is approximately 11.9616%.
