For its third fiscal quarter (ending October 31), Abercrombie & Fitch Co. (NYSE: ANF) has reported E.P.S. of $1.91 compared to $-0.04 a year ago. For the latest four quarters through October 31, E.P.S. were $4.16 compared to $0.48 a year ago — an increase of 767%.
Recent Price Action
On 11/21/23, Abercrombie & Fitch Co. (NYSE: ANF) stock enjoyed a large increase of 2.4%, closing at $74.03. The stock has been exceptionally strong relative to the market over the last nine months and has risen 11.5% during the last week.
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 B (Positive). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Abercrombie & Fitch Co has a poor Appreciation Score of 29 but a very high Power Rating of 100, leading to the Positive Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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