Recent important positive changes in fundamentals have benefitted Abercrombie & Fitch Co. (NYSE: ANF): the consensus estimate for January, 2025 increased significantly, the consensus estimate for January, 2024 increased significantly, and significant quarterly earnings acceleration occurred.
Abercrombie & Fitch Co. (NYSE: ANF) has benefited from notable positive changes in investment behavior: the stock rose on very heavy volume.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
ANF is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Abercrombie & Fitch Co has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Abercrombie & Fitch Co has a neutral Appreciation Score of 44 but a very high Power Rating of 100, triggering the Highest Value Trend Rating.
Recent Price Action
Abercrombie & Fitch Co. (NYSE: ANF) stock rose modestly by 0.4% on 3/15/24. The stock closed at $125.89. Moreover, trading volume in this advance was exceptionally high at 252% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -1.5% during the last week.
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