Stock to Watch for Earnings: Abercrombie & Fitch Co. (NYSE:ANF)

Stock to Watch for Earnings: Abercrombie & Fitch Co. (NYSE:ANF)

Today, FBR & Co reiterated its Hold rating on Abercrombie & Fitch Company (NYSE:ANF) with a price target of $13.00.

Other research analysts also recently issued reports about the company. Excluding certain items, the company declared adjusted non-GAAP net loss per diluted share of $0.06 for the full year, compared to adjusted non-GAAP net income per diluted share of $1.12 for the full year last year. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The current consensus recommendation provided by covering analysts is 3.30. Abercrombie & Fitch Company quarterly statistics will be uncovered on 2017-03-02 and annual earnings report by 2017-03-02.

For the quarter ending 08/30/2016, The Analyst projected that the company could deliver EPS of -0.2 while the company provided its Actual EPS of -0.25 showing a difference of -0.05 Percent between the Estimated and Actual EPS. Thus the company showed an Earnings Surprise of -90.5 Percent.

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Abercrombie & Fitch's efforts to turnaround its ailing namesake brand fizzled previous year, as the once-popular teen clothing chain said a key sales figure fell sharply during the holiday season.

The company said its earnings dropped to $48.79 million, or $0.71 per share.

This stock (ANF) is ahead of its 52-week low with 24.17%.

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Average Revenue Estimate of the company for the current Fiscal Quarter is $659.59 Million, according to consensus of 13 analysts. The stock's quarterly performance indicates a Negative momentum of -18.48 percent, whereas its last one month trend is Optimistic with 5.49 percent. The stock now shows its YTD (Year to Date) performance of -2.58 percent while its Weekly performance value is -2.99%. While for the next 5 years, the growth estimate is 17.67%.

Currently, the company has SMA200 (200-day simple moving average) of -27.17 Percent. That's because Abercrombie & Fitch announced it'll be closing 60 of its stores this year "through natural lease expirations", during its fourth quarter earnings conference call on Thursday morning.

Over the period of 6 months, Insider Purchases show a total of 3 transaction in which 65200 shares were traded.

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The retailer's direct-to-consumer sales, which include web transactions and sales placed online from within a store, rose roughly 10.7% in the fiscal fourth quarter ended January 28, while total sales fell 6.9%. There may be various price targets for a stock. Stock's minimum price target estimates has been figured out at $10.00 while the maximum price target forecast is established at $19.00. The Mean and Low price Targets are $81.58 and $61, respectively. The price-to-book ratio (P/B Ratio) is a ratio used to compare a stock's market value to its book value. (NYSE:ANF) topped its 52-week high price of $32.83 on Mar 7, 2016 and 52-Week Low Price of $10.91 on Jan 31, 2017. Never mind that the brand's net sales dipped by 13 percent in the fourth quarter of 2016, in comparison to the 2 percent decrease that affected their sibling brand, Hollister.

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