Key TakeawaysANF, URBN, CASY and DLTR stocks are poised to trump earnings estimates this season.The retail stocks sector is expected to grow 5.3% year-over-year for the third quarter.Register now to see our 7 Best Stocks for the Next 30 Days report - free today!As investors await upcoming earnings reports, the performance of key players within the Retail-Wholesale sector could impact market sentiment in the coming weeks. This reporting cycle provides valuable insight into sector performance, with expectatio ...

Wall Street analysts expect Abercrombie & Fitch (ANF) to post quarterly earnings of $2.32 per share in its upcoming report, which indicates a year-over-year increase of 26.8%. Revenues are expected to be $1.18 billion, up 11.8% from the year-ago quarter.The consensus EPS estimate for the quarter has been revised 2.2% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Ahead of a compa ...

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. The content in this article is for informational, educational, and entertainment purposes only. This ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Abercrombie & Fitch (ANF) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Abercrombie currently h ...

Abercrombie & Fitch Company (ANF) is well-known for its high-growth trajectory. However, its current forward 12-month price-to-sales (P/S) multiple of 1.4X raises concerns about whether the stock's valuation is justified. This multiple is significantly higher than the Zacks Retail - Apparel and Shoes industry average of 1.06X, making the stock seem relatively expensive.At 1.4X P/S, Abercrombie, which is a leading name in the retail apparel industry, is trading at a valuation much higher than its competitors ...

Abercrombie & Fitch (ANF) closed the latest trading day at $131.26, indicating a -0.4% change from the previous session's end. The stock fell short of the S&P 500, which registered a gain of 0.41% for the day. Elsewhere, the Dow saw an upswing of 0.69%, while the tech-heavy Nasdaq appreciated by 0.8%.Prior to today's trading, shares of the teen clothing retailer had lost 1.74% over the past month. This has lagged the Retail-Wholesale sector's loss of 1.22% and the S&P 500's loss of 0.97% in that time.The in ...

The latest consumer confidence data offers promising insights for retailers and the broader U.S. economy. According to the Conference Board, the Consumer Confidence Index surged to 108.7 in October 2024, marking a solid monthly gain since March 2021. This surge reflects a significant increase in optimism among U.S. consumers, a shift that is likely to drive robust spending as the holiday season kicks in.This positive sentiment is particularly encouraging for retail companies — Target Corporation (TGT) , Boo ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Abercrombie & Fitch (ANF) , which belongs to the Zacks Retail - Apparel and Shoes industry.When looking at the last two reports, this teen clothing retailer has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 22.87%, on average, in the last two quarters.For the last reported quarter, Abercrombie came out with ear ...

In the latest market close, Abercrombie & Fitch (ANF) reached $141.53, with a -0.78% movement compared to the previous day. The stock's change was less than the S&P 500's daily loss of 0.03%. At the same time, the Dow lost 0.61%, and the tech-heavy Nasdaq gained 0.56%.Heading into today, shares of the teen clothing retailer had gained 3.41% over the past month, outpacing the Retail-Wholesale sector's loss of 0.9% and the S&P 500's gain of 1.39% in that time.Investors will be eagerly watching for the perform ...

Core Viewpoint - Abercrombie & Fitch (ANF) shows potential for significant upside based on analysts' price targets and positive earnings estimate revisions [1][5] Price Targets - The mean price target for ANF is $184.50, indicating a 29.4% upside potential from the current price of $142.64 [1] - Analysts' estimates show a standard deviation of $25.37, suggesting variability in price targets, with the lowest estimate at $147 (3.1% increase) and the highest at $220 (54.2% increase) [1][4] Analyst Consensus and Earnings Estimates - There is a strong agreement among analysts regarding positive earnings prospects for ANF, as indicated by upward revisions in EPS estimates [5] - Over the last 30 days, the Zacks Consensus Estimate for the current year has increased by 0.1%, with one estimate moving higher and no negative revisions [5] Zacks Rank - ANF holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate factors [5] Investment Considerations - While price targets can provide insights, they should not be the sole basis for investment decisions due to potential biases and inflated targets set by analysts [2][3][4]