Headlines about Abercrombie & Fitch (NYSE:ANF) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Abercrombie & Fitch earned a news sentiment score of 0.15 on Accern’s scale. Accern also gave media coverage about the apparel retailer an impact score of 46.6392296287803 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news headlines that may have impacted Accern’s rankings:
Abercrombie & Fitch (NYSE:ANF) opened at $22.48 on Friday. The company has a market capitalization of $1,501.64, a price-to-earnings ratio of 374.73, a PEG ratio of 2.31 and a beta of 1.05. Abercrombie & Fitch has a 12 month low of $8.81 and a 12 month high of $24.52. The company has a quick ratio of 1.66, a current ratio of 2.49 and a debt-to-equity ratio of 0.24.
Abercrombie & Fitch (NYSE:ANF) last posted its quarterly earnings data on Wednesday, March 7th. The apparel retailer reported $1.38 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.10 by $0.28. The business had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.17 billion. Abercrombie & Fitch had a return on equity of 4.86% and a net margin of 0.20%. Abercrombie & Fitch’s quarterly revenue was up 15.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.71 earnings per share. sell-side analysts predict that Abercrombie & Fitch will post 0.68 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 19th. Investors of record on Friday, March 9th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Thursday, March 8th. This represents a $0.80 dividend on an annualized basis and a yield of 3.56%. Abercrombie & Fitch’s payout ratio is 1,333.56%.
Several research firms have weighed in on ANF. Argus restated a “buy” rating and set a $22.15 target price (down from $25.00) on shares of Abercrombie & Fitch in a research note on Wednesday. Nomura restated a “neutral” rating and set a $19.00 target price (up from $17.00) on shares of Abercrombie & Fitch in a research note on Tuesday. BMO Capital Markets restated a “market perform” rating on shares of Abercrombie & Fitch in a research note on Thursday, March 8th. Robert W. Baird restated a “neutral” rating on shares of Abercrombie & Fitch in a research note on Thursday, March 8th. Finally, Morgan Stanley upped their target price on Abercrombie & Fitch from $11.00 to $13.00 and gave the stock an “underweight” rating in a research note on Thursday, March 8th. Seven research analysts have rated the stock with a sell rating, twelve have given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. Abercrombie & Fitch has a consensus rating of “Hold” and a consensus price target of $17.57.
In related news, Director Arthur C. Martinez sold 20,000 shares of the stock in a transaction on Thursday, March 8th. The stock was sold at an average price of $23.72, for a total value of $474,400.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.64% of the company’s stock.
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Abercrombie & Fitch Company Profile
Abercrombie & Fitch Co is a specialty retailer who primarily sells its products through store and direct-to-consumer operations, as well as through various wholesale, franchise and licensing arrangements. The Company operates through two segments: Abercrombie, which includes the Company’s Abercrombie & Fitch and abercrombie kids brands, and Hollister, which includes the Company’s Hollister and Gilly Hicks brands.
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