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Wednesday, February 1, 2023

An Evaluation Of Abercrombie & Fitch Co. (NYSE: ANF) Prospects

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Abercrombie & Fitch Co. (ANF) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.37, or 1.57%, to $23.97. The Abercrombie & Fitch Co. has recorded 86,827 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Abercrombie & Fitch Co. Announces Board Of Directors Leadership Transition.


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Stocks Info

ANF belongs to the Consumer Cyclical sector of the NYSE while operating in the Apparel Retail industry. At the end of the last regular session, the stock closed at $23.60 and fluctuated between $24.11 as its day high and $23.03 as its day low. The current market capitalization of Abercrombie & Fitch Co. is $1.15B. A total of 2.17 million shares were traded on the day, compared to an average of 1.65M shares.

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, ANF has seen 1 BUY and 2 SELL insider trades, representing the acquisition of 2,335 and the disposition of 43,711 shares. Over the last 12 months, there were 28 BUYs and 20 SELLs from insiders. Insiders purchased 640,457 shares during that period but sold 315,644.

In the most recent transaction, BURMAN TERRY LEE sold 42,663 shares of ANF for 22.57 per share on Nov 23. After the transaction, the Director now owns 53,214 company shares. In a previous transaction on Jun 16, GREENLEES MICHAEL E sold 1,500 shares at 18.17 per share. ANF shares that Director owns now total 9,849.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. ANF’s most recent ex-dividend date was 3/5/2020 when it declared a $0.20 quarterly dividend that was paid in cash on 3/16/2020. Previously, the company paid the dividend on 12/16/2019 with an ex-dividend date of 12/5/2019. The ANF stock dividend was $0.20 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for ANF in the last 3 months, the mean price target is $23.33 with high estimates of $27.00 and low estimates of $16.00. In terms of 52-week highs and lows, ANF has a high of $42.09 and a low of $14.02.

As of this writing, ANF has an earnings estimate of -$0.13 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of -$0.12 per share and a lower estimate of -$0.14. The company reported an EPS of -$0.27 in the last quarter, which was -1,450.00% lower than expectations of $0.02.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 9 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ANF is Overweight with a score of 3.29. A total of 3 analysts rated the stock as Buy while 0 rated it as Overweight while 4 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 2 thought it should be Sold.

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