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Abercrombie & Fitch (ANF) Stock Declines While Market Improves: Some Information for Investors
ANFA&F(ANF) ZACKS·2024-10-02 22:56

Company Performance - Abercrombie & Fitch (ANF) closed at 133.72,reflectinga1.48133.72, reflecting a -1.48% change from the previous session, underperforming the S&P 500's daily gain of 0.01% [1] - Over the past month, Abercrombie & Fitch shares have decreased by 5.04%, lagging behind the Retail-Wholesale sector's gain of 5.59% and the S&P 500's gain of 1.21% [1] - The upcoming earnings disclosure is anticipated, with projected earnings per share (EPS) of 2.31, indicating a 26.23% increase year-over-year, and revenue expected to be 1.17billion,reflectingan11.21.17 billion, reflecting an 11.2% increase compared to the same quarter last year [1] Full Year Estimates - For the full year, Zacks Consensus Estimates project earnings of 10.26 per share and revenue of $4.84 billion, representing changes of +63.38% and +13.05% from the prior year, respectively [2] - Recent changes to analyst estimates for Abercrombie & Fitch indicate analysts' confidence in the company's business performance and profit potential [2] Valuation and Industry Ranking - Abercrombie & Fitch has a Forward P/E ratio of 13.23, which is a discount compared to the industry's average Forward P/E of 17.48 [3] - The Retail - Apparel and Shoes industry, part of the Retail-Wholesale sector, has a Zacks Industry Rank of 103, placing it within the top 41% of over 250 industries [3] - The Zacks Rank system, which rates stocks from 1 (Strong Buy) to 5 (Strong Sell), shows Abercrombie & Fitch currently holds a Zacks Rank of 1 (Strong Buy) [3]