The stock of Abercrombie & Fitch Co. (ANF) has seen a 2.77% increase in the past week, with a 10.83% gain in the past month, and a 69.79% flourish in the past quarter. The volatility ratio for the week is 2.84%, and the volatility levels for the past 30 days are at 3.37% for ANF. The simple moving average for the last 20 days is 9.97% for ANF stock, with a simple moving average of 80.10% for the last 200 days.
Is It Worth Investing in Abercrombie & Fitch Co. (NYSE: ANF) Right Now?
Abercrombie & Fitch Co. (NYSE: ANF) has a price-to-earnings ratio of 32.78x that is above its average ratio. Additionally, the 36-month beta value for ANF is 1.43. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 0 rating it as “overweight,” 5 rating it as “hold,” and 0 rating it as “sell.”
The average price predicted by analysts for ANF is $69.00, which is -$3.63 below the current price. The public float for ANF is 48.86M and currently, short sellers hold a 15.18% ratio of that float. The average trading volume of ANF on November 16, 2023 was 1.81M shares.
ANF) stock’s latest price update
Abercrombie & Fitch Co. (NYSE: ANF)’s stock price has plunge by 1.63relation to previous closing price of 68.68. Nevertheless, the company has seen a 2.77% surge in its stock price over the last five trading sessions. Zacks Investment Research reported 2023-11-15 that If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Abercrombie (ANF) could be a great choice. It is one of the several stocks that passed through our ‘Fast-Paced Momentum at a Bargain’ screen.
Analysts’ Opinion of ANF
Many brokerage firms have already submitted their reports for ANF stocks, with Morgan Stanley repeating the rating for ANF by listing it as a “Equal-Weight.” The predicted price for ANF in the upcoming period, according to Morgan Stanley is $51 based on the research report published on August 25, 2023 of the current year 2023.
ANF Trading at 19.52% from the 50-Day Moving Average
After a stumble in the market that brought ANF to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.09% of loss for the given period.
Volatility was left at 3.37%, however, over the last 30 days, the volatility rate increased by 2.84%, as shares surge +10.37% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +26.96% upper at present.
During the last 5 trading sessions, ANF rose by +2.77%, which changed the moving average for the period of 200-days by +141.02% in comparison to the 20-day moving average, which settled at $63.80. In addition, Abercrombie & Fitch Co. saw 204.67% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at ANF starting from Scott Kristin A., who sale 143,249 shares at the price of $51.12 back on Aug 24. After this action, Scott Kristin A. now owns 134,403 shares of Abercrombie & Fitch Co., valued at $7,322,677 using the latest closing price.
HENCHEL GREGORY J, the SVP, Gen Cnsl & Secy of Abercrombie & Fitch Co., sale 27,910 shares at $51.05 during a trade that took place back on Aug 24, which means that HENCHEL GREGORY J is holding 35,931 shares at $1,424,741 based on the most recent closing price.
Stock Fundamentals for ANF
Current profitability levels for the company are sitting at:
- +2.44 for the present operating margin
- +52.97 for the gross margin
The net margin for Abercrombie & Fitch Co. stands at +0.08. The total capital return value is set at 4.52, while invested capital returns managed to touch 0.16. Equity return is now at value 15.33, with 3.96 for asset returns.
Based on Abercrombie & Fitch Co. (ANF), the company’s capital structure generated 176.18 points at debt to equity in total, while total debt to capital is 63.79. Total debt to assets is 45.12, with long-term debt to equity ratio resting at 145.39. Finally, the long-term debt to capital ratio is 52.64.
When we switch over and look at the enterprise to sales, we see a ratio of 1.08, with the company’s debt to enterprise value settled at 0.57. The receivables turnover for the company is 42.60 and the total asset turnover is 1.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.36.
In conclusion, Abercrombie & Fitch Co. (ANF) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.