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Abercrombie & Fitch (ANF) Gains As Market Dips: What You Should Know
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Abercrombie & Fitch (ANF - Free Report) closed the most recent trading day at $26.14, moving +0.27% from the previous trading session. This change outpaced the S&P 500's 0.68% loss on the day. Meanwhile, the Dow lost 0.33%, and the Nasdaq, a tech-heavy index, lost 1.46%.
Coming into today, shares of the teen clothing retailer had lost 7.36% in the past month. In that same time, the Retail-Wholesale sector lost 3.06%, while the S&P 500 lost 1.19%.
Wall Street will be looking for positivity from ANF as it approaches its next earnings report date. This 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 $733.46 million, up 0.35% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $1.37 per share and revenue of $3.67 billion, which would represent changes of +19.13% and +2.35%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for ANF. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 1.68% lower within the past month. ANF is currently a Zacks Rank #3 (Hold).
Investors should also note ANF's current valuation metrics, including its Forward P/E ratio of 19.08. This represents a premium compared to its industry's average Forward P/E of 12.77.
Meanwhile, ANF's PEG ratio is currently 1.25. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Retail - Apparel and Shoes stocks are, on average, holding a PEG ratio of 1.22 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 79, putting it in the top 31% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Abercrombie & Fitch (ANF) Gains As Market Dips: What You Should Know
Abercrombie & Fitch (ANF - Free Report) closed the most recent trading day at $26.14, moving +0.27% from the previous trading session. This change outpaced the S&P 500's 0.68% loss on the day. Meanwhile, the Dow lost 0.33%, and the Nasdaq, a tech-heavy index, lost 1.46%.
Coming into today, shares of the teen clothing retailer had lost 7.36% in the past month. In that same time, the Retail-Wholesale sector lost 3.06%, while the S&P 500 lost 1.19%.
Wall Street will be looking for positivity from ANF as it approaches its next earnings report date. This 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 $733.46 million, up 0.35% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $1.37 per share and revenue of $3.67 billion, which would represent changes of +19.13% and +2.35%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for ANF. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 1.68% lower within the past month. ANF is currently a Zacks Rank #3 (Hold).
Investors should also note ANF's current valuation metrics, including its Forward P/E ratio of 19.08. This represents a premium compared to its industry's average Forward P/E of 12.77.
Meanwhile, ANF's PEG ratio is currently 1.25. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Retail - Apparel and Shoes stocks are, on average, holding a PEG ratio of 1.22 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 79, putting it in the top 31% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.