Abercrombie & Fitch Co (NYSE: ANF) on Monday, soared 4.98% from the previous trading day, before settling in for the closing price of $131.26. Within the past 52 weeks, ANF’s price has moved between $62.23 and $196.99.
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A company in the Consumer Cyclical sector has jumped its sales by 4.27% annually for the last half of the decade. The company achieved an average annual earnings per share of 65.11%. With a float of $50.12 million, this company’s outstanding shares have now reached $50.50 million.
In an organization with 31700 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 63.76%, operating margin of 14.28%, and the pretax margin is 14.59%.
Abercrombie & Fitch Co (ANF) Insider Updates
Observing investor behavior towards Apparel Retail industry stocks is more important than anything else. The insider ownership of Abercrombie & Fitch Co is 1.87%, while institutional ownership is 101.30%. The most recent insider transaction that took place on Sep 06 ’24, was worth 2,501,264. In this transaction EVP;Chief Digital&Tech Officer of this company sold 19,041 shares at a rate of $131.36, taking the stock ownership to the 27,985 shares. Before that another transaction happened on Sep 06 ’24, when Company’s Director sold 4,292 for $132.52, making the entire transaction worth $568,789. This insider now owns 19,800 shares in total.
Abercrombie & Fitch Co (ANF) Performance Highlights and Predictions
As on 7/31/2024, Multinational firm has announced its last quarter scores, in which it reported 1.83 earnings per share (EPS) for the period topping the consensus outlook (set at 1.18) by 0.65. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.36 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 65.11% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 18.00% during the next five years compared to 41.99% growth over the previous five years of trading.
Abercrombie & Fitch Co (NYSE: ANF) Trading Performance Indicators
Abercrombie & Fitch Co (ANF) is currently performing well based on its current performance indicators. A quick ratio of 0.93 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.50. Likewise, its price to free cash flow for the trailing twelve months is 12.87.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.43, a number that is poised to hit 2.37 in the next quarter and is forecasted to reach 10.71 in one year’s time.
Technical Analysis of Abercrombie & Fitch Co (ANF)
Let’s dig in a bit further. During the last 5-days, its volume was 1.21 million. That was inferior than the volume of 1.69 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 10.71%. Additionally, its Average True Range was 6.16.
During the past 100 days, Abercrombie & Fitch Co’s (ANF) raw stochastic average was set at 22.46%, which indicates a significant increase from 18.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.22% in the past 14 days, which was lower than the 57.82% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $142.72, while its 200-day Moving Average is $141.04. However, in the short run, Abercrombie & Fitch Co’s stock first resistance to watch stands at $140.47. Second resistance stands at $143.13. The third major resistance level sits at $146.97. If the price goes on to break the first support level at $133.97, it is likely to go to the next support level at $130.13. Assuming the price breaks the second support level, the third support level stands at $127.47.
Abercrombie & Fitch Co (NYSE: ANF) Key Stats
Market capitalization of the company is 7.01 billion based on 51,079K outstanding shares. Right now, sales total 4,281 M and income totals 328,120 K. The company made 1,134 M in profit during its latest quarter, and 133,170 K in sales during its previous quarter.
