Media coverage about Abercrombie & Fitch (NYSE:ANF) has trended somewhat positive on Thursday, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Abercrombie & Fitch earned a daily sentiment score of 1.78 on their scale. InfoTrie also assigned press coverage about the apparel retailer an news buzz score of 5 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock’s share price in the next several days.
Here are some of the news stories that may have effected Abercrombie & Fitch’s score:
Several analysts recently weighed in on ANF shares. Wedbush reduced their price objective on Abercrombie & Fitch from $25.00 to $17.00 and set a “neutral” rating on the stock in a research note on Thursday, October 11th. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $16.00 price objective on shares of Abercrombie & Fitch in a research note on Thursday, October 11th. Deutsche Bank raised Abercrombie & Fitch to a “sell” rating and set a $15.00 price objective on the stock in a research note on Monday, November 26th. ValuEngine raised Abercrombie & Fitch from a “sell” rating to a “hold” rating in a research note on Friday, November 30th. Finally, Royal Bank of Canada raised their price objective on Abercrombie & Fitch from $23.00 to $24.00 and gave the company a “sector perform” rating in a research note on Friday, November 30th. Four investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and one has given a buy rating to the company’s stock. Abercrombie & Fitch has an average rating of “Hold” and a consensus price target of $20.94.
Shares of ANF stock opened at $18.87 on Thursday. Abercrombie & Fitch has a 12 month low of $15.28 and a 12 month high of $29.69. The stock has a market cap of $1.40 billion, a PE ratio of 29.03, a PEG ratio of 2.07 and a beta of 0.52. The company has a current ratio of 2.19, a quick ratio of 1.22 and a debt-to-equity ratio of 0.26.
Abercrombie & Fitch (NYSE:ANF) last announced its quarterly earnings results on Thursday, November 29th. The apparel retailer reported $0.33 EPS for the quarter, beating the Zacks’ consensus estimate of $0.20 by $0.13. Abercrombie & Fitch had a return on equity of 7.23% and a net margin of 1.43%. The firm had revenue of $861.00 million for the quarter, compared to analyst estimates of $856.34 million. During the same period last year, the firm posted $0.30 earnings per share. The business’s revenue for the quarter was up .2% on a year-over-year basis. Equities analysts predict that Abercrombie & Fitch will post 0.9 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Monday, December 17th. Stockholders of record on Friday, December 7th will be paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.24%. The ex-dividend date of this dividend is Thursday, December 6th. Abercrombie & Fitch’s payout ratio is 123.08%.
In other news, Director Kerrii B. Anderson purchased 2,000 shares of the business’s stock in a transaction dated Tuesday, December 4th. The shares were purchased at an average cost of $19.72 per share, with a total value of $39,440.00. Following the completion of the purchase, the director now owns 6,686 shares of the company’s stock, valued at approximately $131,847.92. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.95% of the company’s stock.
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About Abercrombie & Fitch
Abercrombie & Fitch Co, through its subsidiaries, operates as a specialty retailer. The Company operates in two segments, Hollister and Abercrombie. It offers apparel, intimates, personal care products, and accessories for men, women, and kids under the Hollister, Abercrombie & Fitch, abercrombie kids, and Gilly Hicks brand names.
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