Abercrombie & Fitch Co (NYSE: ANF) is 66.20% higher on its value in year-to-date trading and has touched a low of $72.98 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 $154.50 in the last trading session, with the day’s loss setting it -7.88%.
Currently trading at $146.62, the stock is 3.83% and 2.26% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.0 million and changing -5.10% at the moment leaves the stock 1.81% off its SMA200. ANF registered 91.91% gain for a year compared to 6-month loss of -22.61%. The firm has a 50-day simple moving average (SMA 50) of $143.1316 and a 200-day simple moving average (SMA200) of $143.8597.
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The stock witnessed a 6.31% gain in the last 1 month and extending the period to 3 months gives it a 6.01%, and is 2.83% 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 6.13% over the week and 4.48% over the month.
Abercrombie & Fitch Co (ANF) has around 31700 employees, a market worth around $7.49B and $4.66B in sales. Current P/E ratio is 15.55 and Fwd P/E is 13.29. Profit margin for the company is 10.76%. Distance from 52-week low is 100.90% and -25.57% from its 52-week high. The company has generated returns on investments over the last 12 months (26.48%).
with sales reaching $1.55B over the same period.The EPS is expected to grow by 67.69% this year, but quarterly earnings will post 14.69% year-over-year. Quarterly sales are estimated to grow 6.89% in year-over-year returns.
Abercrombie & Fitch Co (ANF) Top Institutional Holders
617.0 institutions hold shares in Abercrombie & Fitch Co (ANF), with institutional investors hold 105.33% of the company’s shares. The shares outstanding are 50.50M, and float is at 50.12M with Short Float at 8.29%. Institutions hold 103.31% 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 Desai Samir, the company’s EVP;Chief Digital&Tech Officer. SEC filings show that Desai Samir sold 19,041 shares of the company’s common stock on Sep 06 ’24 at a price of $131.36 per share for a total of $2.5 million. Following the sale, the insider now owns 27985.0 shares.
Abercrombie & Fitch Co disclosed in a document filed with the SEC on Sep 06 ’24 that TRAVIS NIGEL (Director) sold a total of 4,292 shares of the company’s common stock. The trade occurred on Sep 06 ’24 and was made at $132.52 per share for $0.57 million. Following the transaction, the insider now directly holds 19800.0 shares of the ANF stock.
Still, SEC filings show that on Sep 05 ’24, McCluskey Helen (Director) disposed off 3,500 shares at an average price of $139.38 for $0.49 million. The insider now directly holds 37,470 shares of Abercrombie & Fitch Co (ANF).
