Confused? Buy or Sell in volatile market – Analyst report Abercrombie & Fitch Stock Forecast, Price & News (NYSE:ANF)

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Earnings results for Abercrombie & Fitch Stock Forecast, Price & News (NYSE:ANF)

Abercrombie & Fitch Company is expected* to report earnings on 08/27/2020 before market open. The report will be for the fiscal Quarter ending Jul 2020. According to Zacks Investment Research, based on 10 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.89. The reported EPS for the same quarter last year was $-0.48.

Abercrombie & Fitch last released its quarterly earnings data on May 28th, 2020. The apparel retailer reported ($3.29) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.39) by $1.90. The business had revenue of $485.36 million for the quarter, compared to analysts’ expectations of $535.33 million. Its revenue was down 33.9% compared to the same quarter last year. Abercrombie & Fitch has generated $0.73 earnings per share over the last year. Abercrombie & Fitch has confirmed that its next quarterly earnings report will be published on Thursday, August 27th, 2020.

Analyst Opinion on Abercrombie & Fitch Stock Forecast, Price & News (NYSE:ANF)

10 Wall Street analysts have issued ratings and price targets for Abercrombie & Fitch in the last 12 months. Their average twelve-month price target is $16.00, predicting that the stock has a possible upside of 43.76%. The high price target for ANF is $29.00 and the low price target for ANF is $8.00. There are currently 1 sell rating, 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus rating of “Hold.”

Abercrombie & Fitch has received a consensus rating of Hold. The company’s average rating score is 2.30, and is based on 4 buy ratings, 5 hold ratings, and 1 sell rating. According to analysts’ consensus price target of $16.00, Abercrombie & Fitch has a forecasted upside of 43.8% from its current price of $11.13. Abercrombie & Fitch has only been the subject of 3 research reports in the past 90 days.

Dividend Strength: Abercrombie & Fitch Stock Forecast, Price & News (NYSE:ANF)

Abercrombie & Fitch does not currently pay a dividend. Abercrombie & Fitch does not have a long track record of dividend growth.

Insiders buying/selling: Abercrombie & Fitch Stock Forecast, Price & News (NYSE:ANF)

In the past three months, Abercrombie & Fitch insiders have not sold or bought any company stock. Only 1.60% of the stock of Abercrombie & Fitch is held by insiders. 99.90% of the stock of Abercrombie & Fitch is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Abercrombie & Fitch Stock Forecast, Price & News (NYSE:ANF

Earnings for Abercrombie & Fitch are expected to grow in the coming year, from ($2.90) to $0.59 per share. The P/E ratio of Abercrombie & Fitch is -3.72, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Abercrombie & Fitch is -3.72, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Abercrombie & Fitch has a P/B Ratio of 0.65. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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