The stock of Abercrombie & Fitch Co. (ANF) has seen a -0.20% decrease in the past week, with a -7.94% drop in the past month, and a 17.19% flourish in the past quarter. The volatility ratio for the week is 4.24%, and the volatility levels for the past 30 days are at 4.76% for ANF. The simple moving average for the past 20 days is -6.84% for ANF’s stock, with a 48.19% simple moving average for the past 200 days.
Is It Worth Investing in Abercrombie & Fitch Co. (NYSE: ANF) Right Now?
The price-to-earnings ratio for Abercrombie & Fitch Co. (NYSE: ANF) is above average at 18.63x, Company’s 36-month beta value is 1.60.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 2 as “overweight,” 9 as “hold,” and 4 as “sell.”
The public float for ANF is 49.61M, and currently, short sellers hold a 8.85% ratio of that floaft. The average trading volume of ANF on April 17, 2024 was 1.66M shares.
ANF) stock’s latest price update
The stock price of Abercrombie & Fitch Co. (NYSE: ANF) has surged by 2.70 when compared to previous closing price of 112.84, but the company has seen a -0.20% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-16 that Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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 -5.15% 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 -17.39% of loss for the given period.
Volatility was left at 4.76%, however, over the last 30 days, the volatility rate increased by 4.24%, as shares sank -11.41% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.86% upper at present.
During the last 5 trading sessions, ANF fell by -0.20%, which changed the moving average for the period of 200-days by +206.18% in comparison to the 20-day moving average, which settled at $123.65. In addition, Abercrombie & Fitch Co. saw 31.36% 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 13.47.
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 1.42. 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
In a nutshell, Abercrombie & Fitch Co. (ANF) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
