While Abercrombie & Fitch Co has underperformed by -5.13%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, ANF rose by 67.19%, with highs and lows ranging from $196.99 to $83.50, whereas the simple moving average fell by -0.58% in the last 200 days.
On December 06, 2024, Raymond James started tracking Abercrombie & Fitch Co (NYSE: ANF) recommending Outperform. A report published by Citigroup on August 30, 2024, Upgraded its rating to ‘Buy’ for ANF. Telsey Advisory Group also reiterated ANF shares as ‘Outperform’, quoting a target price of $190 on the company’s shares in a report dated August 29, 2024. JP Morgan July 22, 2024d the rating to Overweight on July 22, 2024, and set its price target from $167 to $194. Argus July 11, 2024d its ‘Buy’ rating to ‘Hold’ for ANF, as published in its report on July 11, 2024. Telsey Advisory Group’s report from May 30, 2024 suggests a price prediction of $208 for ANF shares, giving the stock a ‘Outperform’ rating. Telsey Advisory Group also rated the stock as ‘Outperform’.
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Analysis of Abercrombie & Fitch Co (ANF)
Further, the quarter-over-quarter increase in sales is 14.44%, showing a positive trend in the upcoming months.
In order to gain a clear picture of Abercrombie & Fitch Co’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of 50.86% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.81, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 1.69M can be a very valuable indicator of volatility for ANF stock. On a monthly basis, the volatility of the stock is set at 5.64%, whereas on a weekly basis, it is put at 5.99%, with a gain of 5.60% over the past seven days. Furthermore, long-term investors anticipate a median target price of $186.14, showing growth from the present price of $144.90, which can serve as yet another indication of whether ANF is worth investing in or should be passed over.
How Do You Analyze Abercrombie & Fitch Co Shares?
The USA based company Abercrombie & Fitch Co (ANF) is one of the biggest names in Apparel Retail. When comparing Abercrombie & Fitch Co shares with other companies under Consumer Cyclical, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 14.35, there is a growth in quarterly earnings of 36.54%.
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 1.83%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 102.75% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
ANF shares are owned by institutional investors to the tune of 102.75% at present.
