Abercrombie & Fitch (ANF - Free Report) closed the most recent trading day at $26.01, moving -0.31% from the previous trading session. This change lagged the S&P 500's 0.8% gain on the day. Meanwhile, the Dow gained 0.82%, and the Nasdaq, a tech-heavy index, added 1.14%.
Prior to today's trading, shares of the teen clothing retailer had lost 3.01% over the past month. This has was narrower than the Retail-Wholesale sector's loss of 3.96% and the S&P 500's loss of 3.2% in that time.
ANF will be looking to display strength as it nears its next earnings release, which is expected to be May 29, 2019. The company is expected to report EPS of -$0.44, up 21.43% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $733.12 million, up 0.3% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $1.36 per share and revenue of $3.67 billion. These totals would mark changes of +18.26% and +2.34%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for ANF. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. 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. Over the past month, the Zacks Consensus EPS estimate has moved 2.4% lower. ANF is currently a Zacks Rank #3 (Hold).
Valuation is also important, so investors should note that ANF has a Forward P/E ratio of 19.23 right now. Its industry sports an average Forward P/E of 12.5, so we one might conclude that ANF is trading at a premium comparatively.
Investors should also note that ANF has a PEG ratio of 1.26 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Retail - Apparel and Shoes stocks are, on average, holding a PEG ratio of 1.21 based on yesterday's closing prices.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 106, putting it in the top 42% 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.
You can find more information on all of these metrics, and much more, on Zacks.com.