In the last trading session, 3.4 million Abercrombie & Fitch Co (NYSE:ANF) shares changed hands as the company’s beta touched 1.53. With the company’s per share price at $131.39 changed hands at -$4.33 or -3.19% during last session, the market valuation stood at $6.62B. ANF’s last price was a discount, traded about -49.93% off its 52-week high of $196.99. The share price had its 52-week low at $95.51, which suggests the last value was 27.31% up since then. When we look at Abercrombie & Fitch Co’s average trading volume, we note the 10-day average is 2.3 million shares, with the 3-month average coming to 1.84 million.
Analysts gave the Abercrombie & Fitch Co (ANF) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.75. If we narrow down to specifics, the data shows that 0 out of 6 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended ANF as a Hold, 4 felt it is a Buy and 0 rated the stock as Underweight. Abercrombie & Fitch Co’s EPS for the current quarter is expected to be 3.59.
Abercrombie & Fitch Co (NYSE:ANF) trade information
Instantly ANF was in red as seen at the end of in last trading. With action -15.89%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -12.10%, with the 5-day performance at -15.89% in the red. However, in the 30-day time frame, Abercrombie & Fitch Co (NYSE:ANF) is -4.24% down. Looking at the short shares, we see there were 4.16 million shares sold at short interest cover period of 2.66 days.
The consensus price target for the stock as assigned by Wall Street analysts is 194, meaning bulls need an upside of 32.27% from its current market value. According to analyst projections, ANF’s forecast low is 190 with 198 as the target high. To hit the forecast high, the stock’s price needs a -50.7% plunge from its current level, while the stock would need to soar -44.61% for it to hit the projected low.
Abercrombie & Fitch Co (ANF) estimates and forecasts
Data shows that the Abercrombie & Fitch Co share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -21.48% over the past 6 months, a 69.27% in annual growth rate that is considerably higher than the industry average of 8.70%. Year-over-year growth is forecast to reach 15.15% up from the last financial year.
Consensus estimates given by 7 financial analysts project the company’s revenue in the current quarter to hit an average of 1.57B. 5 analysts are of the opinion that Abercrombie & Fitch Co’s revenue for the current quarter will be 1.1B. The company’s revenue for the corresponding quarters a year ago was 1.45B and 1.02B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 7.81%. The estimates for the next quarter sales put growth at 7.38%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 41.99%. The 2025 estimates are for Abercrombie & Fitch Co earnings to increase by 69.62%.
ANF Dividends
Abercrombie & Fitch Co is expected to release its next quarterly earnings report in February. During the past 5 years, the average dividend yield was 4.64 per year.
Abercrombie & Fitch Co (NYSE:ANF)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 1.91% of Abercrombie & Fitch Co shares while 103.31% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 105.33%. There are 103.31% institutions holding the Abercrombie & Fitch Co stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 15.939% of the shares, roughly 8.11 million ANF shares worth $1.44 billion.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 12.1021% or 6.16 million shares worth $1.1 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Nov 30, 2024 were Fidelity Blue Chip Growth Fund and Vanguard Total Stock Market Index Fund . With 1.82 shares estimated at $239.28 million under it, the former controlled 3.62% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 3.21% of the shares, roughly 1.62 shares worth around $212.2 million.
