Abercrombie & Fitch Company (ANF) Receives Buy Rating from Mizuho

This Company belongs to Retail-Wholesale sector.

The Relative Volume of the company is 3.23 and Average Volume (3 months) is 3.22 million. The stock recently closed its previous session at $11.69 by showing a percentage change of -2.26% from its previous day closing price of $11.96.

According to Yahoo Finance, the price target for the company which analysts are aiming is 19. They now have a $13.10 price target on the apparel retailer’s stock. The difference between the expected and actual EPS was $-0.19/share, which represents an Earnings surprise of -90.5%. Abercrombie & Fitch Company’s dividend payout ratio (DPR) is 421.05%. FMR LLC now owns 6,768,300 shares of the apparel retailer’s stock valued at $120,543,000 after buying an additional 200,100 shares during the period. Deutsche Bank Downgrades Abercrombie & Fitch Co. (NYSE:ANF) were up 17% as of 1:42 p.m. EST after the company reported lackluster earnings for the fourth quarter and full-year 2016, but relatively positive guidance for 2017. Finally, Oppenheimer Holdings, Inc. reiterated a hold rating on shares of Abercrombie & Fitch Company in a research note on Saturday, November 19th. Abercrombie & Fitch Co. was founded in 1892 and is headquartered in New Albany, Ohio. Baird Financial Group Inc. boosted its position in shares of Abercrombie & Fitch Company by 1,226.0% in the fourth quarter.

The American fashion retailer Abercrombie & Fitch has posted a seven per cent decline in sales over the last quarter.

Analysts await Abercrombie & Fitch Company (NASDAQ:ANF) to report earnings on Mar, 02 for the fiscal quarter ending Jan 2017. Keeping an eye on the volatile stocks may help spot market abnormalities.Based on data provided from analysts polled by Thomson Reuters, Abercrombie & Fitch Co. has a current consensus target price of 13.30.

The High Revenue estimate is predicted as 1.1 Billion, while the Low Revenue Estimate prediction stands at 986.5 Million. These 21 Analysts are also projecting the mean revenue estimate of 1.05 Billion.

In the past 6 months, 3 Insider purchases and 1 Insider Sales were made in which 65200 shares were traded as Insider purchases and 1800 shares were exchanged as Insider Sales. (NYSE:ANF) traded at a yearly high level of $32.83 during the current trading session.

Moreover, there are questions about whether the company is out of ideas since its latest move was a return to an old brand, Gilly Hicks, which had been discontinued. The Weekly Volatility is 4.38 percent and the Monthly Volatility is 4.20 percent. Price per earning (ttm) stands at 71.62. The stock now shows its YTD (Year to Date) performance of -2.58 percent while its Weekly performance value is -2.99%. Same-store sales are considered a key indicator of a retailer’s health, since they only take into account the year-over-year sales performance of stores open at least 12 months. It now brings in 57 percent of the company’s annual revenue, up from 29 percent in 2005. In addition, the company anticipates closing approximately 60 stores in the U.S. during the fiscal year through natural lease expirations. The company’s Debt to equity ratio was 0.94.