Over the past three months, Abercrombie & Fitch Co. [ANF] ended the trading day at $15.00 and exhibited a change of -4.09% with a 24 hour trading and reached upto the volume of 2.55M compared to its recorded trading volume of 1.77 million. ANF generated a 1 year amount change with -5.78%. Though for Principal markets a year is counted as a long time period. By having a look at the most recent performance of this stock, in the last week its amount moved by -9.37% with an amount shift of -1.77% over the last month.

Analyst Birdseye View:

The most recent analyst activity for Abercrombie & Fitch Co. [NYSE:ANF] stock was on October 05, 2020, when it was Reiterated with an Outperform rating from Wedbush, which also raised its 12-month price target on the stock from $15 to $18. Before that, on October 14, 2020, B. Riley Securities Recapitulated a Buy rating and elevated its amount target to $19. On August 12, 2020, UBS Initiated a Neutral rating and boosted its price target on this stock to $10. On April 03, 2020, B. Riley FBR Upgrade a Buy rating and increased its price target to $11. On March 11, 2020, Wedbush Upgrade an Outperform rating and increased its price target to $16. On February 03, 2020, Telsey Advisory Group Upgrade an Outperform rating and boosted its amount target on this stock to $21. On September 18, 2019, DA Davidson Initiated a Neutral rating.

In the past 52 weeks of trading, this stock has oscillated between a low of $7.41 and a peak of $18.83. Right now, the middling Wall Street analyst 12-month amount mark is $14.00. At the most recent market close, shares of Abercrombie & Fitch Co. [NYSE:ANF] were valued at $15.00. According to the average price forecast, investors can expect a potential return of -1.93%.

FUNDAMENTAL ANALYSIS

Abercrombie & Fitch Co. [NYSE:ANF] most recently reported quarterly sales of 698.0 million, which represented growth of -17.00%. This publicly-traded organization’s revenue is $82,343 per employee, while its income is $895 per employee. This company’s Gross Margin is currently 58.70%, its Operating Margin is -1.80%, its Pretax Margin is +1.72, and its Net Margin is +1.09. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 1.33, 3.47, 5.78 and 1.94 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 62.54 and the whole liability to whole assets at 49.79. It shows enduring liability to the whole principal at 52.53 and enduring liability to assets at 0.42 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 14.66 points at 1st support level, the second support level is making up to 14.32. But as of 1st resistance point, this stock is sitting at 15.58 and at 16.16 for 2nd resistance point.

Abercrombie & Fitch Co. [ANF] reported its earnings at $0.23 per share in the fiscal quarter closing of 7/30/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.83/share signifying the difference of 1.06 and 127.70% surprise value. Comparing the previous quarter ending of 4/29/2020, the stated earnings were -$3.29 calling estimates for -$1.39/share with the difference of -1.9 depicting the surprise of -136.70%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Abercrombie & Fitch Co. [NYSE:ANF] is 1.50. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.83. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.30 and it’s amount to book ratio is 0.97.

Insider Stories

The most recent insider trade was by Horowitz Fran, Chief Executive Officer, and it was the purchase of 15000.0 shares on Mar 13. ANDERSON KERRII B, the Director, completed a purchase of 2000.0 shares on Mar 12. On Mar 11, Lipesky Scott D., SVP and CFO, completed a purchase of 2000.0 shares.