Analyst Target Price and Stock Review Abercrombie & Fitch Company (ANF)

Abercrombie & Fitch shop

Abercrombie & Fitch shop

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Taking a broader look at the analyst consensus, according to 5 analysts Rite Aid Corp (NYSE:RAD)'s price will reach at $2.18 during 52 weeks.

Abercrombie & Fitch Company (NYSE:ANF) was downgraded by equities research analysts at Standpoint Research from an "outperform" rating to a "hold" rating in a research report issued to clients and investors on Friday. Mizuho's price objective points to a potential upside of 28.31% from the stock's current price. The correct version of this article can be read at About 708,758 shares traded.

The company's quick ratio for most recent quarter is 1.2 along with current ratio for most recent quarter of 2.2. Abercrombie & Fitch has a one year low of $8.81 and a one year high of $16.99.

Earlier this week, the Chinese video game giant reported earnings results for its third quarter that only managed flat net income compared to year-earlier figures, but investors were prepared for less favorable performance from NetEase. Excluding charges, Foot Locker earned adjusted earnings of $.87 per share, more than analysts had expected. Abercrombie & Fitch Company (NYSE:ANF) has trailing twelve month Return on Assets of -0.9%, which is key indicator of how profitable a company is relative to its total assets. The business had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.05 billion.

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Comp sales across the company were up 3 percent during the quarter versus down 1 percent in during the same quarter a year ago.

The gross profit rate for the third quarter was 61.3 percent, 80 basis points lower than past year on a constant currency basis, as lower average unit cost was more than offset by lower average unit retail. Of those insider trades, 0 shares of Abercrombie & Fitch Co. were purchased and 2,846 shares were sold. Shareholders must be on record as of December 1, 2017 to receive this dividend. The ex-dividend date is Thursday, November 30th. This represents a $0.80 annualized dividend and a yield of 6.37%. The SI to Abercrombie & Fitch Company's float is 22.36%.

A number of hedge funds have recently modified their holdings of ANF. The Rowland & Company Investment Counsel holds 19,290 shares with $240.88M value, down from 19,690 last quarter. FrontFour Capital Group LLC bought a new position in shares of Abercrombie & Fitch in the third quarter worth $7,816,000. However a year ago for the same quarter the company has reported $0.02 EPS. Metropolitan Life Insurance Co. Cornerstone Capital Management Holdings LLC. purchased a new position in Abercrombie & Fitch during the 2nd quarter valued at $114,000. Finally, Stifel Financial Corp boosted its stake in shares of Abercrombie & Fitch Company by 53.6% in the second quarter.

Examining Institutional Ownership at Abercrombie & Fitch Co.

Abercrombie & Fitch Co (A&F) is a specialty retailer that operates stores and direct-to-consumer operations. The Company offers an array of apparel products, including knit tops, woven shirts, graphic t-shirts, fleece, sweaters, jeans, woven trousers, shorts, outerwear, dresses, intimates and swimwear, and personal care products and accessories for men, women and kids under the Abercrombie & Fitch, abercrombie kids, Hollister and Gilly Hicks brands.

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