We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
In the latest trading session, Abercrombie & Fitch (ANF - Free Report) closed at $73.07, marking a -0.95% move from the previous day. This change lagged the S&P 500's 2.03% gain on the day. Elsewhere, the Dow saw an upswing of 1.23%, while the tech-heavy Nasdaq appreciated by 2.74%.
Prior to today's trading, shares of the teen clothing retailer had lost 2.58% over the past month. This has lagged the Retail-Wholesale sector's loss of 2.36% and was narrower than the S&P 500's loss of 5.07% in that time.
Analysts and investors alike will be keeping a close eye on the performance of Abercrombie & Fitch in its upcoming earnings disclosure. On that day, Abercrombie & Fitch is projected to report earnings of $1.48 per share, which would represent a year-over-year decline of 30.84%. Alongside, our most recent consensus estimate is anticipating revenue of $1.07 billion, indicating a 5.28% upward movement from the same quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $11.01 per share and revenue of $5.17 billion. These totals would mark changes of +2.99% and +4.4%, respectively, from last year.
Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for Abercrombie & Fitch. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.45% lower. Currently, Abercrombie & Fitch is carrying a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Abercrombie & Fitch has a Forward P/E ratio of 6.7 right now. This indicates a discount in contrast to its industry's Forward P/E of 12.91.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. This industry, currently bearing a Zacks Industry Rank of 139, finds itself in the bottom 44% echelons of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Abercrombie & Fitch (ANF) Stock Dips While Market Gains: Key Facts
In the latest trading session, Abercrombie & Fitch (ANF - Free Report) closed at $73.07, marking a -0.95% move from the previous day. This change lagged the S&P 500's 2.03% gain on the day. Elsewhere, the Dow saw an upswing of 1.23%, while the tech-heavy Nasdaq appreciated by 2.74%.
Prior to today's trading, shares of the teen clothing retailer had lost 2.58% over the past month. This has lagged the Retail-Wholesale sector's loss of 2.36% and was narrower than the S&P 500's loss of 5.07% in that time.
Analysts and investors alike will be keeping a close eye on the performance of Abercrombie & Fitch in its upcoming earnings disclosure. On that day, Abercrombie & Fitch is projected to report earnings of $1.48 per share, which would represent a year-over-year decline of 30.84%. Alongside, our most recent consensus estimate is anticipating revenue of $1.07 billion, indicating a 5.28% upward movement from the same quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $11.01 per share and revenue of $5.17 billion. These totals would mark changes of +2.99% and +4.4%, respectively, from last year.
Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for Abercrombie & Fitch. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.45% lower. Currently, Abercrombie & Fitch is carrying a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Abercrombie & Fitch has a Forward P/E ratio of 6.7 right now. This indicates a discount in contrast to its industry's Forward P/E of 12.91.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. This industry, currently bearing a Zacks Industry Rank of 139, finds itself in the bottom 44% echelons of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.