Abercrombie & Fitch Co (NYSE:ANF)’s traded shares stood at 2.03 million during the last session, with the company’s beta value hitting 1.53. At the close of trading, the stock’s price was $155.34, to imply an increase of 2.15% or $3.27 in intraday trading. The ANF share’s 52-week high remains $196.99, putting it -26.81% down since that peak but still an impressive 44.05% since price per share fell to its 52-week low of $86.91. The company has a valuation of $7.82B, with an average of 1.89 million shares in intraday trading volume over the past 10 days and average of 1.72 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Abercrombie & Fitch Co (ANF), translating to a mean rating of 1.92. Of 6 analyst(s) looking at the stock, 0 analyst(s) give ANF a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 4 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 3.58.
Abercrombie & Fitch Co (NYSE:ANF) trade information
After registering a 2.15% upside in the last session, Abercrombie & Fitch Co (ANF) has traded red over the past five days. The 5-day price performance for the stock is 7.20%, and 0.54% over 30 days. With these gigs, the year-to-date price performance is 76.08%. Short interest in Abercrombie & Fitch Co (NYSE:ANF) saw shorts transact 4.16 million shares and set a 2.66 days time to cover.
The extremes give us $190 and $198 for target low and target high price respectively. As such, ANF has been trading -27.46% off suggested target high and -22.31% from its likely low.
Abercrombie & Fitch Co (ANF) estimates and forecasts
Looking at statistics comparing Abercrombie & Fitch Co share performance against respective industry, we note that the company has outperformed competitors. Abercrombie & Fitch Co (ANF) shares are -9.96% down over the last 6 months, with its year-to-date growth rate higher than industry average at 69.27% against 8.20%. The rating firms project that company’s revenue will grow 15.03% compared to the previous financial year.
Revenue forecast for the current quarter as set by 6 analysts is 1.56B. Meanwhile, for the current quarter, a total of 4 analyst(s) estimate revenue growth to 1.09B.Earnings reports from the last fiscal year show that sales brought in 1.45B and 1.02B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 7.45% before jumping 6.86% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 41.99% for the past 5-year period. While 2024 is set for a 69.10% return in earnings, projections for the next 5 years are at 18.00% annually.
ANF Dividends
Abercrombie & Fitch Co has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. The company’s average dividend yield trailing the past 5-year period is 4.64%.
Abercrombie & Fitch Co (NYSE:ANF)’s Major holders
Abercrombie & Fitch Co insiders hold 1.91% of total outstanding shares, with institutional holders owning 103.31% of the shares at 105.33% float percentage. In total, 103.31% institutions holds shares in the company, led by BLACKROCK INC.. As of 2024-06-30, the company held over 8.11 million shares (or 15.939% of shares), all amounting to roughly $1.44 billion.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 6.16 million shares, or about 12.1021% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $1.1 billion.
