Abercrombie & Fitch Co. 7.6% Potential Upside Indicated today by Mizuho

Equities research analysts anticipate that Abercrombie & Fitch Co. will post $0.73 EPS for the current fiscal year.

Analysts have forecast for a year-over-year decrease in earnings per share and revenue for the most recent quarter.

Abercrombie’s comparable-store sales – a closely watched measure of retail performance – still fell year-over-year last quarter, but not as sharply as expected.

Net loss was $0.8mln, or a penny per share, in the three months ended August 1, from net income of $12.9mln, or $0.17 per share, the New Albany, Ohio-based company said in a statement on Wednesday.

The average estimate among 21 Estimize users was for a loss of $0.09 per share and revenue of $795.06 million.

Zacks Research has given Abercrombie & Fitch Company (NYSE:ANF) a top value style score.

If we break down the analyst ratings into a simplified scale, Abercrombie & Fitch Company (NYSE:ANF) has a Buy-Sell rating of 2.92. Janney Montgomery Scott downgraded Abercrombie & Fitch Co. from a neutral rating to a sell rating and dropped their target price for the company from $17.00 to $15.00 in a report on Friday, May 29th. Wolfe Research initiated coverage on Abercrombie & Fitch Co.in a research note on Monday, August 17th.

Several research firms recently commented on ANF.

Exelixis, Inc. (NASDAQ:EXEL) shares touched a high of $5.65 before closing at $5.40, a plunge of -5.59%.

On average, 31 analysts polled by Thomson Reuters expected the company to report a loss per share of $0.04 for the quarter. This represents a $0.80 annualized dividend and a yield of 4.62%. That would be down from $1.54 per share and down 7% from the $3.74 billion in revenues seen generated in 2014. The stock had previously closed at $16.45. 618,414 shares of the company’s stock were exchanged. (NYSE:SSI) crashed down -17.82% to finish at $9.82 in previous trading session. Similarly, the EPS is projected at ($0.04). This is up from average of 2.23 million shares.

The stock price of Abercrombie & Fitch Co. has dived 48.47% over the last 200 days, and is in strong down trend. (A&F), through its subsidiaries, is a specialty retailer that operates stores and direct-to-consumer operations. The U.S. Shops segment comprises store businesses in the United States and Puerto Rico. The Organization operates through three business segments: U.S. Shops, global Stores and Direct-to-Consumer. The Direct-to-Consumer segment includes businesses directly linked with online operations, both United States and global. A&F sells products, including casual sportswear clothes, including knit and woven tops, graphic t shirts, fleece, jeans and woven pants, shorts, sweaters and outerwear; personal care products, and accessories for men, girls and kids under the Abercrombie & Fitch, abercrombie kids and Hollister brands. The company also offers bras, underwear, personal care products, sleepwear, and at-home products for girls under the Gilly Hicks brand’.