Abercrombie & Fitch Co. (NYSE: ANF) is 93.70% higher on its value in year-to-date trading and has touched a low of $40.50 and a high of $196.99 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ANF stock was last observed hovering at around $166.05 in the last trading session, with the day’s gains setting it 4.83%.
Currently trading at $170.88, the stock is 14.28% and 3.62% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.13 million and changing 2.91% at the moment leaves the stock 37.17% off its SMA200. ANF registered 309.20% gain for a year compared to 6-month gain of 45.74%.
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The stock witnessed a 5.87% loss in the last 1 month and extending the period to 3 months gives it a 18.31%, and is 11.63% 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 3.73% over the week and 5.03% over the month.
Abercrombie & Fitch Co. (ANF) has around 31700 employees, a market worth around $8.73B and $4.47B in sales. Current P/E ratio is 21.26 and Fwd P/E is 16.84. Profit margin for the company is 9.53%. Distance from 52-week low is 321.93% and -13.25% from its 52-week high. The company has generated returns on investments over the last 12 months (21.83%).
The EPS is expected to grow by 55.81% this year
587.0 institutions hold shares in Abercrombie & Fitch Co. (ANF), with institutional investors hold 105.93% of the company’s shares. The shares outstanding are 50.50M, and float is at 50.07M with Short Float at 7.81%. Institutions hold 103.89% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 8.11 million shares valued at $1.44 billion. The investor’s holdings represent 15.939 of the ANF Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 6.16 million shares valued at $1.1 billion to account for 12.1021 of the shares outstanding. The other top investors are FMR LLC which holds 6.09 million shares representing 11.9616 and valued at over $1.08 billion, while DIMENSIONAL FUND ADVISORS LP holds 4.2733 of the shares totaling 2.17 million with a market value of $386.74 million.
Abercrombie & Fitch Co. (ANF) Insider Activity
The most recent transaction is an insider sale by Robinson Kenneth B., the company’s Director. SEC filings show that Robinson Kenneth B. sold 1,300 shares of the company’s common stock on Jun 06 ’24 at a price of $171.61 per share for a total of $0.22 million. Following the sale, the insider now owns 5880.0 shares.
Abercrombie & Fitch Co. disclosed in a document filed with the SEC on Jun 04 ’24 that TRAVIS NIGEL (Director) sold a total of 7,700 shares of the company’s common stock. The trade occurred on Jun 04 ’24 and was made at $173.66 per share for $1.34 million. Following the transaction, the insider now directly holds 19855.0 shares of the ANF stock.
Still, SEC filings show that on May 31 ’24, Lipesky Scott D. (EVP, COO and CFO) disposed off 9,000 shares at an average price of $176.48 for $1.59 million. The insider now directly holds 115,455 shares of Abercrombie & Fitch Co. (ANF).
