Abercrombie (ANF) Q4 Earnings and Sales Miss Estimates

Lucy Hill
March 4, 2017

Stock's minimum price target estimates has been figured out at $10.00 while the maximum price target forecast is established at $19.00. Secondarily, while Abercrombie & Fitch's comparable store sales fell a whopping 13%, Hollister's same-store sales saw 1% growth. FBR & Co reiterated an underperform rating on shares of Abercrombie & Fitch Company in a report on Monday, November 21st. The Low Price target projection by analysts is $10 and the Mean Price Target is $13.3.

Hedge funds have recently bought and sold shares of the stock.

Many analysts have provided their estimated foresights on Abercrombie & Fitch Co. (NYSE:ANF) to Sell with no specific Price Target. (NYSE:ANF) topped its 52-week high price target of 32.83 on Mar 7, 2016. (NYSE:ANF) marked 52-week highest price level of $31.19 on 03/07/16 and 52-week lowest price level of $10.73 on 01/31/17.

Its last month's stock price volatility remained 5.10% which for the week stands at 4.41%. Strong Sell. Investors might also notice that two months ago the Buy recommendations (0) were less than Sell recommendations (1). In any case, it will continue to work on a new brand image, like when it launched a new Abercrombie & Fitch formula in several stores across the United States last month.

Insider Trades for Abercrombie & Fitch Co. show that the latest trade was made on 5 Jan 2017 where Bostrom (Robert E), the General Counsel completed a transaction type "Buy" in which 3600 shares were traded at a price of $0.

Governor Cuomo Traveling to Israel This Weekend
In recent months, NY has bolstered its efforts to combat hate crimes. "We are continuing to operate as we always have". WHEC 10 said that the police were awaiting notification from cemetery officials before opening an investigation.

Wolfe Research has downgraded Abercrombie & Fitch Co. (NYSE:ANF)'s stock was 12.89%. The stock, after opening at $0.027, touched a high of $0.03 before paring much of its gains. Hence, it's not surprising that some companies are known for routinely beating earning projections. The firm's stock has a market capitalization of $812.98 mln.

Shares of Abercrombie & Fitch Company closed the previous trading session at 12.26 down -1.06 -8.00% with 20,024,036 shares trading hands. Baird Financial Group Inc. now owns 1,620,821 shares of the apparel retailer's stock worth $19,450,000 after buying an additional 1,498,590 shares in the last quarter.

S&P Capital IQ analyst Amobi pointed out that his price target on Abercrombie & Fitch is on sharply discounted price to sales of 0.31X compared to rivals for fiscal year 2018. Tightening the gaze, stock performance for the last 5 trading days is 16.98%. The stock is now has its Return on Assets (ROA) value of 0.5 Percent. The Return on Investment (ROI) is at 3.5% while it's Return on Equity (ROE) value stands at 1%. Studies indicate that the stock prices of firms with significant positive earnings surprises show above-average performance, while those with negative surprises have below-average performance. The Relative Volume value measured for Abercrombie & Fitch Co. (NYSE:ANF) now have an ABR of 3.39, derived from a total of 18 opinions.

On 11/17/2016 Abercrombie & Fitch Company announced a Quarterly dividend of $0.20 with an ex dividend date of 11/30/2016 which will be payable on 12/12/2016.

Other reports by TheDailyFarc

Discuss This Article