Abercrombie & Fitch Co. (NYSE: ANF) has a higher price-to-earnings ratio of 19.34x compared to its average ratio, The 36-month beta value for ANF is at 1.51. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 2 rating it as “overweight,” 9 as “hold,” and 4 as “sell.”
The public float for ANF is 50.12M, and currently, shorts hold a 7.80% of that float. The average trading volume for ANF on August 14, 2024 was 1.84M shares.
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ANF) stock’s latest price update
Abercrombie & Fitch Co. (NYSE: ANF)’s stock price has plunge by 1.19relation to previous closing price of 153.57. Nevertheless, the company has seen a 18.11% surge in its stock price over the last five trading sessions. investorplace.com reported 2024-08-13 that Small-cap stocks had been on a dreadful performance streak. The iShares Russell 2000 ETF (NYSEARCA: IWM ) had badly lagged the other stock market indexes as investors shunned smaller companies over the past year.
ANF’s Market Performance
Abercrombie & Fitch Co. (ANF) has seen a 18.11% rise in stock performance for the week, with a -8.64% decline in the past month and a 14.00% surge in the past quarter. The volatility ratio for the week is 5.97%, and the volatility levels for the past 30 days are at 5.29% for ANF. The simple moving average for the past 20 days is 4.69% for ANF’s stock, with a 27.35% simple moving average for the past 200 days.
Analysts’ Opinion of ANF
Many brokerage firms have already submitted their reports for ANF stocks, with JP Morgan repeating the rating for ANF by listing it as a “Overweight.” The predicted price for ANF in the upcoming period, according to JP Morgan is $194 based on the research report published on July 22, 2024 of the current year 2024.
Telsey Advisory Group gave a rating of “Outperform” to ANF, setting the target price at $208 in the report published on May 30th of the current year.
ANF Trading at -6.41% 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 -21.12% of loss for the given period.
Volatility was left at 5.29%, however, over the last 30 days, the volatility rate increased by 5.97%, as shares sank -0.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.89% lower at present.
During the last 5 trading sessions, ANF rose by +17.64%, which changed the moving average for the period of 200-days by +158.60% in comparison to the 20-day moving average, which settled at $148.38. In addition, Abercrombie & Fitch Co. saw 76.14% 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 Robinson Kenneth B., who sale 1,300 shares at the price of $171.61 back on Jun 06 ’24. After this action, Robinson Kenneth B. now owns 5,880 shares of Abercrombie & Fitch Co., valued at $223,093 using the latest closing price.
TRAVIS NIGEL, the Director of Abercrombie & Fitch Co., sale 7,700 shares at $173.66 during a trade that took place back on Jun 04 ’24, which means that TRAVIS NIGEL is holding 19,855 shares at $1,337,182 based on the most recent closing price.
Stock Fundamentals for ANF
Current profitability levels for the company are sitting at:
- 0.13 for the present operating margin
- 0.64 for the gross margin
The net margin for Abercrombie & Fitch Co. stands at 0.1. The total capital return value is set at 0.28. Equity return is now at value 47.78, with 15.39 for asset returns.
Based on Abercrombie & Fitch Co. (ANF), the company’s capital structure generated 0.5 points at debt to capital in total, while cash flow to debt ratio is standing at 0.71. The debt to equity ratio resting at 0.98. The interest coverage ratio of the stock is 20.25.
Currently, EBITDA for the company is 655.75 million with net debt to EBITDA at 0.26. When we switch over and look at the enterprise to sales, we see a ratio of 1.83. The receivables turnover for the company is 47.7for trailing twelve months and the total asset turnover is 1.5. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.64.
Conclusion
In conclusion, Abercrombie & Fitch Co. (ANF) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
