Media stories about Abercrombie & Fitch (NYSE:ANF) have trended somewhat positive on Monday, according to Accern. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Abercrombie & Fitch earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave media headlines about the apparel retailer an impact score of 46.8995754364215 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news stories that may have effected Accern Sentiment’s analysis:
- Zacks: Brokerages Anticipate Abercrombie & Fitch (ANF) Will Announce Quarterly Sales of $698.26 Million (americanbankingnews.com)
- Abercrombie & Fitch (ANF) Receives Consensus Recommendation of “Hold” from Analysts (americanbankingnews.com)
- Abercrombie & Fitch (ANF) Upgraded to “B-” by TheStreet (americanbankingnews.com)
- -$0.79 EPS Expected for Abercrombie & Fitch (ANF) This Quarter (americanbankingnews.com)
- Abercrombie & Fitch: The Yield Is Telling You Something (seekingalpha.com)
ANF has been the subject of a number of analyst reports. Zacks Investment Research lowered Abercrombie & Fitch from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 27th. Bank of America upped their target price on Abercrombie & Fitch from $9.00 to $16.00 and gave the stock a “sell” rating in a report on Wednesday, January 24th. Nomura restated a “neutral” rating and set a $19.00 target price (up previously from $17.00) on shares of Abercrombie & Fitch in a report on Tuesday, March 13th. B. Riley upped their target price on Abercrombie & Fitch from $20.00 to $22.00 and gave the stock a “neutral” rating in a report on Tuesday, February 27th. Finally, Telsey Advisory Group upped their target price on Abercrombie & Fitch from $17.00 to $24.00 and gave the stock a “market perform” rating in a report on Tuesday, January 23rd. Seven analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, three have assigned a buy rating and two have given a strong buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $17.94.
Shares of Abercrombie & Fitch opened at $27.06 on Monday, MarketBeat reports. The firm has a market cap of $1.84 billion, a PE ratio of 41.63, a price-to-earnings-growth ratio of 3.97 and a beta of 0.87. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.66 and a current ratio of 2.49. Abercrombie & Fitch has a 12-month low of $8.81 and a 12-month high of $29.20.
Abercrombie & Fitch (NYSE:ANF) last issued its quarterly earnings results on Wednesday, March 7th. The apparel retailer reported $1.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.10 by $0.28. The business had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.17 billion. Abercrombie & Fitch had a return on equity of 4.86% and a net margin of 0.20%. The business’s quarterly revenue was up 15.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.71 earnings per share. analysts predict that Abercrombie & Fitch will post 0.68 earnings per share for the current year.
In other news, Director Arthur C. Martinez sold 20,000 shares of the company’s stock in a transaction on Thursday, March 8th. The stock was sold at an average price of $23.72, for a total transaction of $474,400.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.64% of the company’s stock.
Abercrombie & Fitch Company Profile
Abercrombie & Fitch Co, through its subsidiaries, operates as a specialty retailer. The Company operates in two segments, Hollister and Abercrombie. It offers apparel, intimates, personal care products, and accessories for men, women, and kids under the Hollister, Abercrombie & Fitch, abercrombie kids, and Gilly Hicks brand names.
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