Featured Stock: Abercrombie & Fitch Co. (NYSE:ANF)
- Author: Zachary Reyes Mar 02, 2017,
Mar 02, 2017, 15:26
Analysts mean Recommendation on a stock is noted at 3.30. The average and low price target for the stock are $13.3 and $10, respectively. Vetr's price objective would suggest a potential upside of 6.68% from the company's previous close. OVERWEIGHT signal was given by 0 and Underweight signal was issued by 2 Analysts. Telsey Advisory Group cut their price target on Abercrombie & Fitch Company from $19.00 to $16.00 and set a market perform rating for the company in a research note on Monday, November 21st. Abercrombie & Fitch Company (NASDAQ:ANF) has fallen 44.32% over the past 6 months and is downtrending.
Sales at established stores fell 5 percent, compared with analysts' average expectation for a 4.9 percent drop, according to research firm Consensus Metrix. The price-to-book ratio (P/B Ratio) is a ratio used to compare a stock's market value to its book value. The stock gained a consensus recommendation of 3.37 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell. The count of Hold ratings in that period was 5.
When the current quarter ends, Wall Street expects Abercrombie & Fitch Co.to have earnings per share of $0.75. A company with a lower ratio, on the other hand, is usually an indication of poor current and future performance.
The business also recently declared a quarterly dividend, which will be paid on Monday, March 13th. The ex-dividend date is Wednesday, March 1st. It has a dividend yield of 6.84%. (ANF) shares. During last six month record, the net percent change kept by insiders has observed a change of 22.53%. If you are accessing this article on another domain, it was copied illegally and reposted in violation of United States and worldwide copyright & trademark law.
To view Vetr's full report, visit Vetr's official website. These holdings make up 78.04% of the company's outstanding shares.
The consensus recommendation for Abercrombie & Fitch Co. Dimensional Fund Advisors LP now owns 3,951,547 shares of the apparel retailer's stock valued at $70,376,000 after buying an additional 381,957 shares during the period. Over the last five days, shares have managed 0.66% gains and now is down -25.47% since hitting its 200-day moving average of $15.07. The stock touched its high share price of $32.83 on Mar 7, 2016 and the stock also touched its Lowest price in the last 52-weeks of trading on Jan 31, 2017 as $10.91. Exane Derivatives now owns 195,708 shares of the apparel retailer's stock worth $3,110,000 after buying an additional 194,853 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its stake in Abercrombie & Fitch Company by 27.4% in the third quarter. The price to earnings ratio indicates the expected price of a share based on its earnings.
Receive Abercrombie & Fitch Company News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Abercrombie & Fitch Company with MarketBeat.com's FREE daily email newsletter.
Considering the performance, Abercrombie & Fitch Co.