Abercrombie & Fitch Co. (NYSE: ANF) has a price-to-earnings ratio that is above its average at 21.12x. The stock has a 36-month beta value of 1.58. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 2 as “overweight,” 9 as “hold,” and 4 as “sell.”
The public float for ANF is 49.18M, and at present, short sellers hold a 10.17% of that float. On April 03, 2024, the average trading volume of ANF was 1.71M shares.
ANF) stock’s latest price update
The stock price of Abercrombie & Fitch Co. (NYSE: ANF) has dropped by -0.33 compared to previous close of 131.84. Despite this, the company has seen a gain of 8.44% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-02 that Invest in momentum players such as American Eagle Outfitters (AEO), Abercrombie & Fitch (ANF), Brown & Brown (BRO), Carlisle Companies (CSL) and Ecolab (ECL) as the stock market is well-poised to scale upward.
ANF’s Market Performance
ANF’s stock has risen by 8.44% in the past week, with a monthly rise of 0.02% and a quarterly rise of 48.95%. The volatility ratio for the week is 4.83% while the volatility levels for the last 30 days are 5.25% for Abercrombie & Fitch Co. The simple moving average for the last 20 days is 2.50% for ANF’s stock, with a simple moving average of 77.44% for the last 200 days.
Analysts’ Opinion of ANF
Many brokerage firms have already submitted their reports for ANF stocks, with Telsey Advisory Group repeating the rating for ANF by listing it as a “Outperform.” The predicted price for ANF in the upcoming period, according to Telsey Advisory Group is $152 based on the research report published on March 07, 2024 of the current year 2024.
Telsey Advisory Group, on the other hand, stated in their research note that they expect to see ANF reach a price target of $140, previously predicting the price at $105. The rating they have provided for ANF stocks is “Outperform” according to the report published on February 28th, 2024.
Telsey Advisory Group gave a rating of “Outperform” to ANF, setting the target price at $105 in the report published on January 09th of the current year.
ANF Trading at 10.46% 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 -6.33% of loss for the given period.
Volatility was left at 5.25%, however, over the last 30 days, the volatility rate increased by 4.83%, as shares sank -4.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +29.96% upper at present.
During the last 5 trading sessions, ANF rose by +8.44%, which changed the moving average for the period of 200-days by +269.20% in comparison to the 20-day moving average, which settled at $127.90. In addition, Abercrombie & Fitch Co. saw 48.95% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ANF starting from Scott Kristin A., who sale 120,000 shares at the price of $126.15 back on Mar 08 ’24. After this action, Scott Kristin A. now owns 38,208 shares of Abercrombie & Fitch Co., valued at $15,138,427 using the latest closing price.
Lipesky Scott D., the EVP, COO and CFO of Abercrombie & Fitch Co., sale 35,000 shares at $127.95 during a trade that took place back on Mar 08 ’24, which means that Lipesky Scott D. is holding 88,558 shares at $4,478,250 based on the most recent closing price.
Stock Fundamentals for ANF
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.62 for the gross margin
The net margin for Abercrombie & Fitch Co. stands at 0.08. The total capital return value is set at 0.08. Equity return is now at value 37.93, with 11.54 for asset returns.
Based on Abercrombie & Fitch Co. (ANF), the company’s capital structure generated 0.28 points at debt to capital in total, while cash flow to debt ratio is standing at 1.63. The debt to equity ratio resting at 0.39. The interest coverage ratio of the stock is 28.71.
Currently, EBITDA for the company is 621.75 million with net debt to EBITDA at 0.28. When we switch over and look at the enterprise to sales, we see a ratio of 1.58. The receivables turnover for the company is 54.64for trailing twelve months and the total asset turnover is 1.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.59.
Conclusion
To sum up, Abercrombie & Fitch Co. (ANF) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others 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.
