The price-to-earnings ratio for Abercrombie & Fitch Co. (NYSE: ANF) is above average at 13.86x. The 36-month beta value for ANF is also noteworthy at 1.53. 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 50.12M, and at present, short sellers hold a 7.38% of that float. The average trading volume of ANF on September 10, 2024 was 1.83M shares.
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ANF) stock’s latest price update
Abercrombie & Fitch Co. (NYSE: ANF)’s stock price has plunge by -1.89relation to previous closing price of 133.26. Nevertheless, the company has seen a -8.53% plunge in its stock price over the last five trading sessions. seekingalpha.com reported 2024-09-10 that September is a historically challenging month for equity markets. Upcoming events on the economic calendar, inflation hysteria, and the November election could amplify the seasonal volatility in markets. SA Quant has identified 10 top “Strong Buy” Quant-rated stocks backed by positive factor grades that could be an opportunity to purchase on the dip during the September pullback. Consider SA’s Quant Rating System, which offers powerful analytics to draw on stocks that are collectively attractive on valuation, growth, profitability, earnings strength, and relative momentum.
ANF’s Market Performance
ANF’s stock has fallen by -8.53% in the past week, with a monthly drop of -10.99% and a quarterly drop of -29.38%. The volatility ratio for the week is 4.47% while the volatility levels for the last 30 days are 4.71% for Abercrombie & Fitch Co. The simple moving average for the last 20 days is -14.87% for ANF stock, with a simple moving average of 0.64% for the last 200 days.
Analysts’ Opinion of ANF
Many brokerage firms have already submitted their reports for ANF stocks, with Citigroup repeating the rating for ANF by listing it as a “Buy.” The predicted price for ANF in the upcoming period, according to Citigroup is $190 based on the research report published on August 30, 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 $190, previously predicting the price at $208. The rating they have provided for ANF stocks is “Outperform” according to the report published on August 29th, 2024.
JP Morgan gave a rating of “Overweight” to ANF, setting the target price at $194 in the report published on July 22nd of the current year.
ANF Trading at -16.67% 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 -33.63% of loss for the given period.
Volatility was left at 4.71%, however, over the last 30 days, the volatility rate increased by 4.47%, as shares sank -14.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -26.03% lower at present.
During the last 5 trading sessions, ANF fell by -7.97%, which changed the moving average for the period of 200-days by +77.69% in comparison to the 20-day moving average, which settled at $152.43. In addition, Abercrombie & Fitch Co. saw 48.20% 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 TRAVIS NIGEL, who sale 4,292 shares at the price of $132.52 back on Sep 06 ’24. After this action, TRAVIS NIGEL now owns 19,800 shares of Abercrombie & Fitch Co., valued at $568,789 using the latest closing price.
McCluskey Helen, the Director of Abercrombie & Fitch Co., sale 3,500 shares at $139.38 during a trade that took place back on Sep 05 ’24, which means that McCluskey Helen is holding 37,470 shares at $487,830 based on the most recent closing price.
Stock Fundamentals for ANF
Current profitability levels for the company are sitting at:
- 0.14 for the present operating margin
- 0.64 for the gross margin
The net margin for Abercrombie & Fitch Co. stands at 0.11. The total capital return value is set at 0.33. Equity return is now at value 50.81, with 17.16 for asset returns.
Based on Abercrombie & Fitch Co. (ANF), the company’s capital structure generated 0.42 points at debt to capital in total, while cash flow to debt ratio is standing at 0.78. The debt to equity ratio resting at 0.74. The interest coverage ratio of the stock is 25.4.
Currently, EBITDA for the company is 655.75 million with net debt to EBITDA at 0.18. When we switch over and look at the enterprise to sales, we see a ratio of 1.46. The receivables turnover for the company is 40.53for trailing twelve months and the total asset turnover is 1.53. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.44.
Conclusion
In summary, Abercrombie & Fitch Co. (ANF) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others 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.
