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Abercrombie & Fitch Co (ANF) – key numbers that make it a Strong Buy For Now

Abercrombie & Fitch Co (NYSE: ANF) is -55.22% lower on its value in year-to-date trading and has touched a low of $65.57 and a high of $196.99 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ANF stock was last observed hovering at around $72.71 in the last trading session, with the day’s loss setting it -5.77%.

Currently trading at $66.94, the stock is -13.42% and -28.70% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.89 million and changing -7.94% at the moment leaves the stock -50.47% off its SMA200. ANF registered -44.58% loss for a year compared to 6-month loss of -54.25%. The firm has a 50-day simple moving average (SMA 50) of $93.8894 and a 200-day simple moving average (SMA200) of $135.1616.

The stock witnessed a -14.37% gain in the last 1 month and extending the period to 3 months gives it a -57.15%, and is -15.02% down 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 13.46% over the week and 6.75% over the month.

Abercrombie & Fitch Co (ANF) has around 39200 employees, a market worth around $3.27B and $4.95B in sales. Current P/E ratio is 6.25 and Fwd P/E is 5.96. Profit margin for the company is 11.44%. Distance from 52-week low is 2.09% and -66.02% from its 52-week high. The company has generated returns on investments over the last 12 months (27.28%).

with sales reaching $1.08B over the same period.The EPS is expected to grow by 1.86% this year, but quarterly earnings will post 3.79% year-over-year. Quarterly sales are estimated to grow 5.76% in year-over-year returns.

Abercrombie & Fitch Co (ANF) Top Institutional Holders

630.0 institutions hold shares in Abercrombie & Fitch Co (ANF), with institutional investors hold 110.25% of the company’s shares. The shares outstanding are 49.73M, and float is at 47.69M with Short Float at 8.47%. Institutions hold 108.14% 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 15.8292% 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 11.8792% and valued at over $1.08 billion, while DIMENSIONAL FUND ADVISORS LP holds 4.2438 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 Coulter Suzanne M, the company’s Director. SEC filings show that Coulter Suzanne M sold 2,870 shares of the company’s common stock on Dec 04 ’24 at a price of $160.00 per share for a total of $0.46 million. Following the sale, the insider now owns 6405.0 shares.

Abercrombie & Fitch Co disclosed in a document filed with the SEC on Dec 02 ’24 that Coulter Suzanne M (Director) sold a total of 6,800 shares of the company’s common stock. The trade occurred on Dec 02 ’24 and was made at $161.80 per share for $1.1 million. Following the transaction, the insider now directly holds 9275.0 shares of the ANF stock.

Still, SEC filings show that on Dec 02 ’24, HENCHEL GREGORY J (SVP, Gen Cnsl & Secy) disposed off 10,000 shares at an average price of $150.33 for $1.5 million. The insider now directly holds 30,347 shares of Abercrombie & Fitch Co (ANF).

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