Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Abercrombie & Fitch (ANF) Stock Price

News stories about Abercrombie & Fitch (NYSE:ANF) have trended somewhat positive on Wednesday, Accern Sentiment reports. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Abercrombie & Fitch earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave news stories about the apparel retailer an impact score of 46.292281987147 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Here are some of the news stories that may have impacted Accern’s analysis:

Several equities research analysts recently weighed in on the company. B. Riley restated a “neutral” rating on shares of Abercrombie & Fitch in a report on Wednesday, November 1st. Wolfe Research increased their target price on Abercrombie & Fitch from $9.00 to $13.00 and gave the company an “underperform” rating in a report on Monday, November 20th. BMO Capital Markets set a $22.00 target price on Abercrombie & Fitch and gave the company a “hold” rating in a report on Tuesday, January 23rd. Robert W. Baird restated a “hold” rating on shares of Abercrombie & Fitch in a report on Tuesday, January 23rd. Finally, Royal Bank of Canada set a $24.00 target price on Abercrombie & Fitch and gave the company a “hold” rating in a report on Wednesday, January 24th. Seven analysts have rated the stock with a sell rating, fifteen have given a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. Abercrombie & Fitch currently has a consensus rating of “Hold” and a consensus target price of $14.94.

Shares of Abercrombie & Fitch (NYSE:ANF) opened at $21.34 on Wednesday. Abercrombie & Fitch has a fifty-two week low of $8.81 and a fifty-two week high of $23.53. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.08 and a quick ratio of 1.07. The firm has a market capitalization of $1,450.00, a P/E ratio of -73.59, a price-to-earnings-growth ratio of 4.01 and a beta of 0.96.

Abercrombie & Fitch (NYSE:ANF) last released its quarterly earnings data on Friday, November 17th. The apparel retailer reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.06. Abercrombie & Fitch had a positive return on equity of 0.80% and a negative net margin of 0.55%. The business had revenue of $859.10 million during the quarter, compared to analysts’ expectations of $818.41 million. During the same quarter last year, the business posted $0.02 EPS. The business’s revenue was up 4.6% on a year-over-year basis. sell-side analysts forecast that Abercrombie & Fitch will post 0.4 earnings per share for the current year.

COPYRIGHT VIOLATION NOTICE: This article was reported by Community Financial News and is owned by of Community Financial News. If you are viewing this article on another website, it was stolen and republished in violation of U.S. & international copyright & trademark legislation. The legal version of this article can be accessed at https://www.com-unik.info/2018/01/31/somewhat-favorable-media-coverage-somewhat-unlikely-to-impact-abercrombie-fitch-anf-stock-price.html.

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.

Insider Buying and Selling by Quarter for Abercrombie & Fitch (NYSE:ANF)

Receive News & Ratings for Abercrombie & Fitch Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Abercrombie & Fitch and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit