Yahoo Finance Abercrombie & Fitch (ANF) Rises As Market Takes a Dip: Key Facts
Abercrombie & Fitch (ANF) closed at $115.45 in the latest trading session, marking a +0.31% move from the prior day. The stock outperformed the S&P 500, which registered a daily loss of 0.46%. Elsewhere, the Dow lost 0.98%, while the tech-heavy Nasdaq lost 0.64%.
Heading into today, shares of the teen clothing retailer had lost 5.17% over the past month, lagging the Retail-Wholesale sector's loss of 3.05% and the S&P 500's loss of 3.04% in that time.
Market participants will be closely following the financial results of Abercrombie & Fitch in its upcoming release. It is anticipated that the company will report an EPS of $1.50, marking a 284.62% rise compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $930.42 million, reflecting a 11.29% rise from the equivalent quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $7.48 per share and a revenue of $4.52 billion, signifying shifts of +19.11% and +5.64%, respectively, from the last year.
Investors should also pay attention to any latest changes in analyst estimates for Abercrombie & Fitch. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. 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, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. At present, Abercrombie & Fitch boasts a Zacks Rank of #1 (Strong Buy).
Valuation is also important, so investors should note that Abercrombie & Fitch has a Forward P/E ratio of 15.38 right now. This denotes a premium relative to the industry's average Forward P/E of 14.82.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. With its current Zacks Industry Rank of 163, this industry ranks in the bottom 36% of all industries, numbering over 250.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
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Abercrombie & Fitch Company (ANF) : Free Stock Analysis Report
