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:
- Abercrombie & Fitch (ANF) Receives “Hold” Rating from Jefferies Group (americanbankingnews.com)
- Abercrombie & Fitch (ANF) Given a $24.00 Price Target at Royal Bank of Canada (americanbankingnews.com)
- Operation Warm Teamed Up with Hollister Co. to Provide Coats to Children in Need (finance.yahoo.com)
- Abercrombie & Fitch Co. (ANF) to Post FY2018 Earnings of $0.47 Per Share, Jefferies Group Forecasts (americanbankingnews.com)
- FY2018 Earnings Forecast for Abercrombie & Fitch Co. Issued By William Blair (ANF) (americanbankingnews.com)
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.
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.
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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.
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