Abercrombie & Fitch Co. (NYSE: ANF) has a price-to-earnings ratio of 18.50x that is above its average ratio. Additionally, the 36-month beta value for ANF is 1.59. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 2 rating it as “overweight,” 9 rating it as “hold,” and 4 rating it as “sell.”
The public float for ANF is 49.61M and currently, short sellers hold a 8.85% ratio of that float. The average trading volume of ANF on April 25, 2024 was 1.65M shares.
ANF) stock’s latest price update
The stock of Abercrombie & Fitch Co. (NYSE: ANF) has decreased by -3.86 when compared to last closing price of 119.71.Despite this, the company has seen a gain of 1.42% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-23 that Recently, Zacks.com users have been paying close attention to Abercrombie (ANF). This makes it worthwhile to examine what the stock has in store.
ANF’s Market Performance
Abercrombie & Fitch Co. (ANF) has experienced a 1.42% rise in stock performance for the past week, with a -5.02% drop in the past month, and a 12.62% rise in the past quarter. The volatility ratio for the week is 4.26%, and the volatility levels for the past 30 days are at 4.67% for ANF. The simple moving average for the past 20 days is -3.33% for ANF’s stock, with a 42.93% simple moving average for the past 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 -6.45% 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 -17.96% of loss for the given period.
Volatility was left at 4.67%, however, over the last 30 days, the volatility rate increased by 4.26%, as shares sank -5.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.13% upper at present.
During the last 5 trading sessions, ANF rose by +1.42%, which changed the moving average for the period of 200-days by +225.85% in comparison to the 20-day moving average, which settled at $118.71. In addition, Abercrombie & Fitch Co. saw 30.46% 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 Horowitz Fran, who sale 400,000 shares at the price of $110.61 back on Apr 18 ’24. After this action, Horowitz Fran now owns 525,520 shares of Abercrombie & Fitch Co., valued at $44,244,000 using the latest closing price.
Scott Kristin A., the President-Global Brands of Abercrombie & Fitch Co., sale 120,000 shares at $126.15 during a trade that took place back on Mar 08 ’24, which means that Scott Kristin A. is holding 38,208 shares at $15,138,427 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 1.41. 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 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’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.
