|Bid||0.00 x 1100|
|Ask||0.00 x 900|
|Day's Range||11.16 - 12.00|
|52 Week Range||7.42 - 19.18|
|Beta (5Y Monthly)||1.35|
|PE Ratio (TTM)||19.85|
|Earnings Date||Aug 27, 2020 - Aug 31, 2020|
|Forward Dividend & Yield||0.80 (N/A)|
|Ex-Dividend Date||Mar 05, 2020|
|1y Target Est||12.73|
Looking into the current session, Abercrombie & Fitch Inc. (NYSE: ANF) shares are trading at $11.91, after a 2.76% gain. Moreover, over the past month, the stock went up by 18.12%, but in the past year, decreased by 29.86%. Shareholders might be interested in knowing whether the stock is undervalued, even if the company is performing up to par in the current session.The stock is currently above from its 52 week low by 60.62%. Assuming that all other factors are held constant, this could present itself as an opportunity for investors trying to diversify their portfolio with apparel retail stocks, and capitalize on the lower share price observed over the year.The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E indicates that shareholders do not expect the stock to perform better in the future, and that the company is probably undervalued. It shows that shareholders are less than willing to pay a high share price, because they do not expect the company to exhibit growth, in terms of future earnings.Most often, an industry will prevail in a particular phase of a business cycle, than other industries.Abercrombie & Fitch Inc. has a better P/E ratio of 19.33 than the aggregate P/E ratio of 13.46 of the apparel retail industry. Ideally, one might believe that Abercrombie & Fitch might perform better in the future than its industry group, but it's probable that the stock is overvalued.P/E ratio is not always a great indicator of the company's performance. Depending on the earnings makeup of a company, investors may not be able to attain key insights from trailing earnings.See more from Benzinga * Abercrombie & Fitch: Q1 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
The U.S. death toll from the coronavirus that causes COVID-19 rose above 101,000 on Thursday, one day after it exceeded the 100,000 level, a grim marker for the nation with the highest number of cases and deaths in the world.
ANF earnings call for the period ending May 2, 2020.
Investors were not pleased with the retailer's earnings, which were expected to be bad...but not this bad.
Abercrombie's (ANF) Q1 results are affected by COVID-19. Expectations of continuing impact made management refrain from providing any fiscal guidance.
Abercrombie (ANF) delivered earnings and revenue surprises of -151.15% and -2.56%, respectively, for the quarter ended April 2020. Do the numbers hold clues to what lies ahead for the stock?
The temporary closures of its recently remodeled stores have slowed Abercrombie's efforts to revive its struggling flagship clothing brand, hurt by past fashion missteps. Abercrombie said it was not providing a detailed forecast for the second quarter or the full year, but added that sales at its reopened stores in the United States and EMEA regions were at about 80% and 60%, respectively, of what they were a year-ago. The only bright spot in the quarter was Abercrombie's digital sales that rose 25% as online shoppers bought more loungewear, knits and joggers as well as Gilly Hicks' new activewear while they stayed at home.
Shares of Abercrombie & Fitch (NYSE:ANF) fell 6% in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share fell 534.48% over the past year to ($1.84), which missed the estimate of ($1.26).Revenue of $485,359,000 decreased by 33.87% from the same period last year, which missed the estimate of $536,990,000.Looking Ahead Abercrombie & Fitch hasn't issued any earnings guidance for the time being.Abercrombie & Fitch hasn't issued any revenue guidance for the time being.How To Listen To The Conference Call Date: May 28, 2020View more earnings on ANFTime: 08:30 AMET Webcast URL: https://edge.media-server.com/mmc/p/ckdoqey2Technicals 52-week high: $25.7452-week low: $7.42Price action over last quarter: Up 10.54%Company Overview Abercrombie & Fitch Co is a specialty retailer that sells casual clothing, personal-care products, and accessories for men, women, and children. It sells direct to consumer through its stores and websites, which include the Abercrombie & Fitch, Abercrombie kids, and Hollister brands. Most stores are in the United States, but the company does have many stores in Canada, Europe, and Asia. All stores are leased. Abercrombie ships to well over 100 countries via its websites. The company sources its merchandise from dozens of vendors that are primarily located in Asia and Central America. Abercrombie has two distribution centers in Ohio to support its North American operations. It uses third-party distributors for sales in Europe and Asia.See more from Benzinga * Recap: ReWalk Robotics Q1 Earnings * 14 Technology Stocks Moving In Thursday's Pre-Market Session * 14 Industrials Stocks Moving In Thursday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Abercrombie & Fitch Co. stock sank 8.1% in Thursday premarket trading after the clothing and accessories retailer reported earnings and sales that missed expectations. Net losses totaled $244.1 million, or $3.90 per share, after a loss of $19.2 million, or 29 cents per share, last year. Adjusted losses of $3.29 per share were below the FactSet consensus for a loss of $1.39 per share. Sales of $485.4 million were down from $734.0 million last year and below the $497.0 million FactSet outlook. Hollister sales fell 36% to $273.0 million while the namesake Abercrombie & Fitch sales declined 30% to $212.3 million. Digital sales grew 25% over the period, with about half of the company's 850 stores around the world now open for business after closing all locations due to the coronavirus pandemic. Abercrombie & Fitch had cash and equivalents of $704 million as of May 2 with $800,000 remaining from its $89.4 million ABL facility. The company has pulled its guidance. Abercrombie & Fitch stock has tumbled 24.5% for the year to date while the S&P 500 index is down 6% for the period.
Abercrombie & Fitch Co reported a 34% fall in quarterly sales and posted a wider loss on Thursday, as the apparel retailer was forced to close stores in markets around the world due to the COVID-19 pandemic.
Company continues to reopen stores globally on a rolling basis with roughly half of the fleet currently openQ1 results reflect strong cash flow management and month-over-month.
Abercrombie's (ANF) Q1 performance is likely to be hurt by store closures stemming from the COVID-19 crisis as well as softness in Hollister brand and international markets.
This week is a shortened trading week with major markets closed Monday in observance of the Memorial Day holiday. Investor focus will remain on the coronavirus and its impact on the U.S. economy as most states across the country continued their phased reopening plans.
Abercrombie (ANF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Abercrombie & Fitch Co. (ANF) today announced the election of two new independent board members, Susie Coulter and James A. Goldman, effective May 20, 2020. Additionally, James Bachmann’s term on the Board of Directors ended immediately prior to the Company’s Annual Meeting after serving on the Board for nearly 17 years. “I’d also like to thank Jim Bachmann for his many years of dedicated service to A&F. We greatly appreciate his numerous contributions to the Company over the years.”
Shares of lifestyle retailer Abercrombie & Fitch (NYSE: ANF) traded lower today despite positive outlooks provided by research notes from a pair of major investment firms. Both Wedbush Securities and investment bank B. Riley FBR expressed optimism today about the apparel seller, which, like much of the sector, saw sales and share value plunge in March and April as COVID-19 spread through major U.S. cities. From B. Riley, analyst Susan Anderson gave Abercrombie & Fitch a $13 per share price target, expecting it to "outperform" under current conditions, with sector sales recovering and company cost-cutting and online efficiency winning over investors.
B. Riley analyst Susan Anderson expects earnings for the specialty retailers in her coverage to be slightly better than consensus, as sales have “rebounded significantly from mid-March lows.”
COVID-19 has had an impact on pricing and consumer behavior, with some analysts forecasting long-term changes.
Abercrombie & Fitch Co. (ANF) today announced that it has changed the date of its previously announced quarterly earnings conference call to Thursday, May 28, 2020 at 8:30 a.m. ET. Abercrombie & Fitch Co. (ANF) is a leading, global specialty retailer of apparel and accessories for Men, Women and Kids through three renowned brands.
Hedge funds don't get the respect they used to get. Nowadays investors prefer passive funds over actively managed funds. One thing they don't realize is that 100% of the passive funds didn't see the coronavirus recession coming, but a lot of hedge funds did. Even we published an article near the end of February and […]