Abercrombie & Fitch Co. (NYSE: ANF) has reported E.P.S. of $3.13 for its fourth fiscal quarter (ending January 31) versus $0.78 for the same period a year ago. E.P.S. were $6.53 for the latest four quarters through January 31 versus $0.06 for the same period a year ago.
Recent Price Action
On 3/6/24, Abercrombie & Fitch Co. (NYSE: ANF) stock declined by -3.5%, closing at $134.99. Moreover, exceptionally high trading volume at 381% of normal accompanied the decline. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 7.3% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, ANF is expected to continue to be a major Value Builder.
Abercrombie & Fitch Co has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Abercrombie & Fitch Co has a slightly negative Appreciation Score of 35 but a very high Power Rating of 100, with the Positive Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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