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Abercrombie & Fitch (ANF) Stock Sinks As Market Gains: What You Should Know
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In the latest trading session, Abercrombie & Fitch (ANF - Free Report) closed at $45.82, marking a -1.02% move from the previous day. This change lagged the S&P 500's daily gain of 0.75%.
Prior to today's trading, shares of the teen clothing retailer had gained 13.51% over the past month. This has outpaced the Retail-Wholesale sector's gain of 3.13% and the S&P 500's gain of 2.91% in that time.
ANF will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $0.68, up 195.65% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $857.37 million, up 22.77% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $3.30 per share and revenue of $3.7 billion. These totals would mark changes of +552.05% and +18.48%, respectively, from last year.
Any recent changes to analyst estimates for ANF should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 31.53% higher within the past month. ANF is holding a Zacks Rank of #1 (Strong Buy) right now.
Digging into valuation, ANF currently has a Forward P/E ratio of 14.01. This valuation marks a discount compared to its industry's average Forward P/E of 18.07.
We can also see that ANF currently has a PEG ratio of 0.78. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Retail - Apparel and Shoes stocks are, on average, holding a PEG ratio of 1.38 based on yesterday's closing prices.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 30, which puts it in the top 12% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow ANF in the coming trading sessions, be sure to utilize Zacks.com.
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Abercrombie & Fitch (ANF) Stock Sinks As Market Gains: What You Should Know
In the latest trading session, Abercrombie & Fitch (ANF - Free Report) closed at $45.82, marking a -1.02% move from the previous day. This change lagged the S&P 500's daily gain of 0.75%.
Prior to today's trading, shares of the teen clothing retailer had gained 13.51% over the past month. This has outpaced the Retail-Wholesale sector's gain of 3.13% and the S&P 500's gain of 2.91% in that time.
ANF will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $0.68, up 195.65% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $857.37 million, up 22.77% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $3.30 per share and revenue of $3.7 billion. These totals would mark changes of +552.05% and +18.48%, respectively, from last year.
Any recent changes to analyst estimates for ANF should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 31.53% higher within the past month. ANF is holding a Zacks Rank of #1 (Strong Buy) right now.
Digging into valuation, ANF currently has a Forward P/E ratio of 14.01. This valuation marks a discount compared to its industry's average Forward P/E of 18.07.
We can also see that ANF currently has a PEG ratio of 0.78. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Retail - Apparel and Shoes stocks are, on average, holding a PEG ratio of 1.38 based on yesterday's closing prices.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 30, which puts it in the top 12% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow ANF in the coming trading sessions, be sure to utilize Zacks.com.