Abercrombie & Fitch Co. (NYSE: ANF) is 5.75% higher on its value in year-to-date trading and has touched a low of $7.41 and a high of $23.82 in the current 52-week trading range. The ANF stock was last observed hovering at around $21.53 in the last trading session, with the day’s gains setting it 1.81% off its average median price target of $24.00 for the next 12 months. It is also 16.64% off the consensus price target high of $28.00 offered by 13 analysts, but current levels are -66.71% lower than the price target low of $14.00 for the same period.
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Currently trading at $23.34, the stock is 13.39% and 18.95% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.87 million and changing 8.41% at the moment leaves the stock 69.54% off its SMA200. ANF registered 24.09% gain for a year compared to 6-month gain of 120.82%. The firm has a 50-day simple moving average (SMA 50) of $21.01 and a 200-day simple moving average (SMA200) of $15.10.
The stock witnessed a -1.51% loss in the last 1 month and extending the period to 3 months gives it a 27.55%, and is 5.75% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.12% over the week and 4.79% over the month.
Abercrombie & Fitch Co. (ANF) has around 14000 employees, a market worth around $1.32B and $3.19B in sales. Fwd P/E is 19.36. Profit margin for the company is -3.60%. Distance from 52-week low is 214.77% and -2.02% from its 52-week high. The company has generated returns on investments over the last 12 months (4.10%).
Abercrombie & Fitch Co. (ANF) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Abercrombie & Fitch Co. (ANF) is a “Hold”. 13 analysts offering their recommendations for the stock have an average rating of 2.70, where 7 rate it as a Hold and 0 think it is a “Overweight”. 4 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
Abercrombie & Fitch Co. is expected to release its quarterly report on 03/10/2021 and quarterly earnings per share for the current quarter are estimated at $0.93 with sales reaching $1.12B over the same period.The EPS is expected to shrink by -41.70% this year, but quarterly earnings will post -13.90% year-over-year. Quarterly sales are estimated to shrink -5.50% in year-over-year returns.
Abercrombie & Fitch Co. (ANF) Top Institutional Holders
269 institutions hold shares in Abercrombie & Fitch Co. (ANF), with 1.35M shares held by insiders accounting for 2.17% while institutional investors hold 104.57% of the company’s shares. The shares outstanding are 62.56M, and float is at 61.04M with Short Float at 10.84%. Institutions hold 102.31% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 9.53 million shares valued at $132.78 million. The investor’s holdings represent 15.28% of the ANF Shares outstanding. As of Sep 29, 2020, the second largest holder is Vanguard Group, Inc. (The) with 6.23 million shares valued at $86.72 million to account for 9.98% of the shares outstanding. The other top investors are Dimensional Fund Advisors LP which holds 4.91 million shares representing 7.87% and valued at over $68.35 million, while Paradice Investment Management, LLC holds 4.54% of the shares totaling 2.83 million with a market value of $39.49 million.
Abercrombie & Fitch Co. (ANF) Insider Activity
A total of 7 insider transactions have happened at Abercrombie & Fitch Co. (ANF) in the last six months, with sales accounting for 4 and purchases happening 3 times. The most recent transaction is an insider sale by PERRIN CHARLES R, the company’s Director. SEC filings show that PERRIN CHARLES R sold 20,000 shares of the company’s common stock on Nov 25 at a price of $22.66 per share for a total of $0.45 million. Following the sale, the insider now owns 41141.0 shares.
Abercrombie & Fitch Co. disclosed in a document filed with the SEC on Mar 13 that Horowitz Fran (Chief Executive Officer) bought a total of 15,000 shares of the company’s common stock. The trade occurred on Mar 13 and was made at $10.46 per share for $0.16 million. Following the transaction, the insider now directly holds 0.3 million shares of the ANF stock.
Still, SEC filings show that on Mar 12, ANDERSON KERRII B (Director) acquired 2,000 shares at an average price of $10.17 for $20340.0. The insider now directly holds 14,548 shares of Abercrombie & Fitch Co. (ANF).
Abercrombie & Fitch Co. (ANF): Who are the competitors?
The company’s main competitors (and peers) include Ross Stores Inc. (ROST) that is trading 0.23% up over the past 12 months. Tilly’s Inc. (TLYS) is -12.82% down on the 1-year trading charts. Short interest in the company’s stock has fallen -20.24% from the last report on Nov 12, 2020 to stand at a total of 7.96 million short shares sold with a short interest ratio of 2.94.