In the last trading session, 2.13 million Abercrombie & Fitch Co (NYSE:ANF) shares changed hands as the company’s beta touched 1.37. With the company’s per share price at $79.70 changed hands at -$2.94 or -3.56% during last session, the market valuation stood at $4.01B. ANF’s last price was a discount, traded about -147.16% off its 52-week high of $196.99. The share price had its 52-week low at $74.31, which suggests the last value was 6.76% up since then. When we look at Abercrombie & Fitch Co’s average trading volume, we note the 10-day average is 3.31 million shares, with the 3-month average coming to 2.32 million.
Analysts gave the Abercrombie & Fitch Co (ANF) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.73. 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 1.4.
Abercrombie & Fitch Co (NYSE:ANF) trade information
Instantly ANF was in red as seen at the end of in last trading. With action 1.28%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -46.68%, with the 5-day performance at 1.28% in the green. However, in the 30-day time frame, Abercrombie & Fitch Co (NYSE:ANF) is -28.88% down. Looking at the short shares, we see there were 4.86 million shares sold at short interest cover period of 2.62 days.
The consensus price target for the stock as assigned by Wall Street analysts is 137.5, meaning bulls need an upside of 42.04% from its current market value. According to analyst projections, ANF’s forecast low is 110 with 170 as the target high. To hit the forecast high, the stock’s price needs a -113.3% plunge from its current level, while the stock would need to soar -38.02% for it to hit the projected low.
Abercrombie & Fitch Co (ANF) estimates and forecasts
Year-over-year growth is forecast to reach 4.73% 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 1.08B. 7 analysts are of the opinion that Abercrombie & Fitch Co’s revenue for the current quarter will be 1.19B. The company’s revenue for the corresponding quarters a year ago was 1.02B and 1.13B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 5.49%. The estimates for the next quarter sales put growth at 5.08%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 77.99%. The 2025 estimates are for Abercrombie & Fitch Co earnings to increase by 4.32%, but the outlook for the next 5-year period is at 11.81% per year.
ANF Dividends
Abercrombie & Fitch Co is expected to release its next quarterly earnings report on 2025-Mar-04. 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 1.97% of Abercrombie & Fitch Co shares while 105.32% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 107.43%. There are 105.32% 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 Dec 31, 2024 were Fidelity Blue Chip Growth Fund and iShares Core S&P Midcap ETF . With 1.77 shares estimated at $141.13 million under it, the former controlled 3.52% of total outstanding shares. On the other hand, iShares Core S&P Midcap ETF held about 3.31% of the shares, roughly 1.67 shares worth around $132.86 million.
