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.

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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.

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