Abercrombie & Fitch Company (ANF) Shares Bought by Arizona State Retirement System

Analyst Buzz: Abercrombie & Fitch Company (ANF)

Analyst Buzz: Abercrombie & Fitch Company (ANF)

Vetr now has $12.64 price target on the apparel retailer's stock. Share performance for the month is now at -29.56%.

A number of equities research analysts have issued reports on the company. Company's valuation is $614.18 M. Abercrombie & Fitch Company also was the target of some unusual options trading on early Monday. Royal Bank Of Canada set a $12.00 price target on shares of Abercrombie & Fitch Company and gave the company a sell rating in a report on Saturday, May 13th. As such, the analyst reiterates an Outperform rating on shares of ANF without listing a price target.

Abercrombie & Fitch Co. has a 657.15M market cap and its past year revenues were 3.30B. (NASDAQ:NVDQ). At the time of writing, the First Call consensus price target for the company is $11.44. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell.

Following trading activity for Abercrombie & Fitch Co.(NYSE:ANF), we can see that the stock has moved onto today's list of most actives. The company holds 71.12 million outstanding shares and 67.23 million shares are floating in market. Company's 50 Day SMA is $12.79 and its 200 SMA is $12.19.

In Thursday trading session, Abercrombie & Fitch Co. (NYSE:ANF) established that the company was able to keep return on investment at -0.82 in the trailing twelve month while Reuters data showed that industry's average stands at 7.54 and sector's optimum level is 11.94. This is an increase of approximately 433% compared to the typical daily volume of 1,455 call options.

Wells Fargo's profit rises 4.5 percent
In other news, insider Avid Modjtabai sold 100,000 shares of Wells Fargo & Co stock in a transaction on Friday, April 28th. The company has market cap of $278.51 billion. $56.15's average target is 0.99% above currents $55.6 stock price.

Taking a broader look at the analyst consensus, according to 16 analysts Abercrombie & Fitch Company (NYSE:ANF)'s price will reach at $12.56 during 52 weeks.

Maximum and minimum EPS estimate for the current quarter is projected at $0.33 and $-0.04, respectively, according to 19 analysts. Point72 Asia Hong Kong acquired a new position in Abercrombie & Fitch Company during the Q1 worth at $149,000. The firm had revenue of $661.10 million for the quarter, compared to analysts' expectations of $651.25 million. During the same quarter in the previous year, the company posted ($0.53) earnings per share. Abercrombie & Fitch Company's revenue for the quarter was down 3.6% on a year-over-year basis. Shareholders of record on Friday, June 2nd were given a $0.20 dividend. The stock's Dividend Yield stands at 8.66%.

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Institutional investors have recently bought and sold shares of the stock.

Abercrombie & Fitch Company (NYSE:ANF) now has a trailing P/E of -33.3 while its forward P/E according to Thomson Reuters is -63.5. Suntrust Banks Inc. now owns 12,765 shares of the apparel retailer's stock valued at $152,000 after buying an additional 931 shares in the last quarter. BNP Paribas Arbitrage SA raised its stake in shares of Abercrombie & Fitch Company by 151.7% in the first quarter. Allianz Asset Management AG now owns 553,790 shares of the apparel retailer's stock worth $6,646,000 after buying an additional 52,674 shares during the last quarter. Guggenheim Capital LLC raised its position in Abercrombie & Fitch Company by 237.2% in the fourth quarter. Louisiana State Employees Retirement System now owns 27,600 shares of the apparel retailer's stock worth $329,000 after buying an additional 400 shares during the last quarter. Point72 Asia Hong Kong Ltd acquired a new stake in Abercrombie & Fitch Company during the first quarter valued at approximately $149,000. Prudential Financial Inc. now owns 115,769 shares of the apparel retailer's stock worth $1,381,000 after buying an additional 400 shares during the last quarter. Investment Advisors LP increased its position in shares of Abercrombie & Fitch Company by 13.6% in the second quarter.

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