Abercrombie & Fitch - ANF Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Abercrombie & Fitch in the last year. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ANF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ANF, but not buy additional shares or sell existing shares.
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6 Wall Street analysts have issued 12 month target prices for Abercrombie & Fitch's shares. Their ANF share price forecasts range from $17.00 to $33.00. On average, they anticipate the company's stock price to reach $28.14 in the next year. This suggests a possible upside of 14.3% from the stock's current price.
View analysts price targets for ANF or view top-rated stocks among Wall Street analysts.

Abercrombie & Fitch's stock was trading at $22.91 at the start of the year. Since then, ANF stock has increased by 7.5% and is now trading at $24.62.
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Abercrombie & Fitch saw a increase in short interest in February. As of February 15th, there was short interest totaling 5,570,000 shares, an increase of 6.1% from the January 31st total of 5,250,000 shares. Based on an average trading volume of 1,750,000 shares, the days-to-cover ratio is currently 3.2 days. Currently, 11.6% of the company's shares are short sold.
View Abercrombie & Fitch's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 23rd 2023.
View our ANF earnings forecast.

Abercrombie & Fitch Co. (NYSE:ANF) posted its quarterly earnings data on Wednesday, March, 1st. The apparel retailer reported $0.81 EPS for the quarter, missing the consensus estimate of $0.86 by $0.05. The apparel retailer had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.18 billion. Abercrombie & Fitch had a net margin of 0.08% and a trailing twelve-month return on equity of 1.90%. Abercrombie & Fitch's quarterly revenue was up 3.4% on a year-over-year basis. During the same quarter last year, the firm earned $1.14 earnings per share.

ETFs with the largest weight of Abercrombie & Fitch (NYSE:ANF) stock in their portfolio include SPDR S&P Retail ETF (XRT), Conductor Global Equity Value ETF (CGV), Invesco S&P SmallCap Consumer Discretionary ETF (PSCD), Direxion Daily Retail Bull 3X Shares (RETL), Cambria Shareholder Yield ETF (SYLD), Invesco S&P SmallCap 600 Pure Value ETF (RZV), Distillate Small/Mid Cash Flow ETF (DSMC) and JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE).

Abercrombie & Fitch (NYSE:ANF) pays an annual dividend of $0.80 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 1,333.33%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, ANF will have a dividend payout ratio of 42.11% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ANF.

Abercrombie & Fitch declared that its board has authorized a share repurchase plan on Tuesday, November 23rd 2021, which permits the company to buyback $500,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 22.3% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's leadership believes its stock is undervalued.

Abercrombie & Fitch updated its FY 2023 earnings guidance on Wednesday, March, 1st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $3.74 billion-$3.81 billion, compared to the consensus revenue estimate of $3.71 billion.

485 employees have rated Abercrombie & Fitch Chief Executive Officer Fran Horowitz on Glassdoor.com. Fran Horowitz has an approval rating of 87% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Abercrombie & Fitch investors own include Bank of America (BAC), Intelsat (I), American Eagle Outfitters (AEO), Fossil Group (FOSL), Coty (COTY), Intel (INTC), AMC Entertainment (AMC), Advanced Micro Devices (AMD), Ciena (CIEN) and Ford Motor (F).

Abercrombie & Fitch trades on the New York Stock Exchange (NYSE) under the ticker symbol "ANF."

Abercrombie & Fitch's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (6.43%), Schonfeld Strategic Advisors LLC (3.76%), Paradice Investment Management LLC (3.60%), Arrowstreet Capital Limited Partnership (3.16%), Marshall Wace LLP (2.53%) and Millennium Management LLC (2.07%). Insiders that own company stock include Charles R Perrin, Fran Horowitz, Kerrii B Anderson, Kristin A Scott, Kristin A Scott, Sarah M Gallagher, Scott D Lipesky, Suzanne M Coulter and Terry Lee Burman.
View institutional ownership trends.

Shares of ANF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ANF stock can currently be purchased for approximately $24.62.

Abercrombie & Fitch (NYSE:ANF) has a market capitalization of $1.21 billion and generates $3.70 billion in revenue each year. The apparel retailer earns $2.82 million in net income (profit) each year or $0.06 on an earnings per share basis.

The company employs 31,500 workers across the globe.

Abercrombie & Fitch's mailing address is 6301 FITCH PATH, NEW ALBANY OH, 43054. The official website for the company is www.abercrombie.com. The apparel retailer can be reached via phone at (614) 283-6500, via email at investor_relations@anfcorp.com, or via fax at 302-655-5049.