nsucurrent.com March 17, 2018

Abercrombie & Fitch (NYSE:ANF) 4Q17 Earnings Exceed Street View

10 March 2018, 01:38 | Lowell Little

Analytical Preview of Abercrombie & Fitch Co. (NYSE:ANF)

Abercrombie & Fitch

The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. UBS maintained Abercrombie & Fitch Co. (NYSE:ANF) declared a quarterly dividend on Monday, February 26th, RTT News reports. The rating was maintained by RBC Capital Markets with "Sector Perform" on Thursday, March 17. The company was upgraded on Friday, August 14 by Vetr. The firm has "Hold" rating given on Tuesday, June 6 by Jefferies. Vetr upgraded Abercrombie & Fitch Co. The company presently has a consensus rating of "Hold" and a consensus price target of $17.24.

Merrill Lynch has a Sell rating with a $16 price objective. The stock has "Neutral" rating by Mizuho on Tuesday, August 25. Seven research analysts have rated the stock with a sell rating, twelve have given a hold rating, four have given a buy rating and one has given a strong buy rating to the company's stock. Therefore 81% are positive. Calpine Corporation had 42 analyst reports since July 31, 2015 according to SRatingsIntel. The Manufacturers Life Insurance Company now owns 54,235 shares of the apparel retailer's stock worth $675,000 after acquiring an additional 596 shares during the last quarter. The company has Beta Value of 1.05 and ATR value of 1.2.

BMO has a Hold rating with a $22 price target. The firm has "Buy" rating by Bank of America given on Thursday, December 15. The company has market cap of $2.56 billion. (NYSE:GIS) has "Hold" rating given on Monday, September 18 by Stifel Nicolaus. Abercrombie & Fitch has always had a spirit of adventure at its core, outfitting explorers, adventurers, and entrepreneurs; the ones who believed it was their time to risk it all, and make their mark on the world. Past 5 years growth of the company observed at -26.09%, and for the next five years the analysts that follow the company are expecting its growth at 12.57%. Hollister, Abercrombie's larger sister brand, has stores at Lakeside and the Mall of Louisiana as well as in Lake Charles. It now has negative earnings.

The retailer offers various apparel products, such as graphic t-shirts, sweaters, knit tops, jeans, woven shirts, fleece, woven trousers, swimwear, dresses, shorts, intimates, outerwear, and accessories and personal care products for kids, men, and women under the Gilly Hicks, Hollister and Abercrombie & Fitch brands.

Investors sentiment decreased to 1.23 in 2017 Q3. 1 analysts say it's a Hold while 0 analysts provided their expert opinion as Sell. It improved, as 3 investors sold TRC shares while 18 reduced holdings. 36 funds opened positions while 61 raised stakes.

Landscape Capital Management Llc increased Abercrombie & Fitch Co (ANF) stake by 212.18% reported in 2017Q3 SEC filing. (NYSE:ANF)'s earnings per share has been growing at a -48.5 percent rate over the past 5 year when average revenue increase was noted as -4.4 percent. (NYSE:ANF) has a 20-Day average volume of 2.9 Million. The California-based California Public Employees Retirement System has invested 0.01% in Abercrombie & Fitch Co. (NYSE:ANF) or 187,000 shares. (NYSE:ANF). Thrivent Finance For Lutherans, a Minnesota-based fund reported 41,668 shares. Welch Group Ltd Co owns 0.06% invested in Facebook, Inc. Ameriprise Financial reported 1.22 million shares stake. Tompkins Fincl holds 0.07% or 5,706 shares. Valley Advisers Inc owns 5 shares for 0% of their portfolio. Commerzbank Aktiengesellschaft Fi accumulated 0.08% or 420,963 shares. 11,920 were reported by Bluecrest Cap. Comerica Natl Bank reported 75,778 shares. (NYSE:ANF) for 75,778 shares. Abercrombie & Fitch has a 12 month low of $8.81 and a 12 month high of $23.53. Fidelity Management and Research Company is the second biggest holder with 6 million shares now valued at 103.14 million whilst Dimensional Fund Advisors, Inc. has 6 million shares valued at 100.22 million. General Mills, Inc. (NYSE:GIS) has declined 10.63% since March 8, 2017 and is downtrending. It has underperformed by 39.40% the S&P500.

The company's quick ratio for most recent quarter is 1.1 along with current ratio for most recent quarter of 2.1. Its down 0.10, from 0.95 in 2017Q2. 58 funds opened positions while 197 raised stakes. Gagnon Securities Llc reported 24,268 shares. Stanley stated it has 0.15% of its portfolio in Discover Financial Services (NYSE:DFS). State Of Alaska Department Of Revenue invested in 0.01% or 13,497 shares. Texas Permanent School Fund holds 0.01% or 49,655 shares. Strs Ohio holds 5,300 shares. It was reported on Mar, 7 by Barchart.com. Cubist Systematic Strategies LLC now owns 19,813 shares of the apparel retailer's stock valued at $246,000 after buying an additional 19,805 shares during the period. (NASDAQ:FB). 34,370 were reported by Symphony Asset Management Limited Liability Company. Voya Inv Lc has 302,964 shares. The stock decreased 0.23% or $0.18 during the last trading session, reaching $76.63. The company had a trading volume of 6,237,754 shares, compared to its average volume of 2,831,509. It has underperformed by 6.28% the S&P500.

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