Abercrombie & Fitch (ANF) Stock Slides as Market Rises: Facts to Know Before You Trade

Company Performance - Abercrombie & Fitch (ANF) closed at $93.86, reflecting a decrease of -1.26% from the previous trading session, underperforming the S&P 500's daily gain of 0.07% [1] - Prior to the latest trading day, Abercrombie & Fitch shares had increased by 19.6%, significantly outperforming the Retail-Wholesale sector's gain of 5.27% and the S&P 500's gain of 5.71% [1] Earnings Forecast - The upcoming earnings release is anticipated to show an EPS of $2.25, indicating a 10% decline compared to the same quarter last year [2] - Revenue is expected to reach $1.18 billion, representing a 4.12% increase from the year-ago quarter [2] Annual Estimates - For the annual period, the Zacks Consensus Estimates predict earnings of $10.17 per share and revenue of $5.18 billion, reflecting changes of -4.86% and +4.69% respectively from the previous year [3] - Recent changes in analyst estimates are crucial as they indicate the latest business trends and analysts' outlook on the company's health and profitability [3] Valuation Metrics - Abercrombie & Fitch has a Forward P/E ratio of 9.34, which is a discount compared to the industry average Forward P/E of 18.14 [6] - The Retail - Apparel and Shoes industry, part of the Retail-Wholesale sector, currently holds a Zacks Industry Rank of 212, placing it in the bottom 15% of over 250 industries [6] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a historical performance of 1 stocks returning an average annual gain of +25% since 1988 [5] - Abercrombie & Fitch currently holds a Zacks Rank of 4 (Sell), with the consensus EPS estimate remaining unchanged over the last 30 days [5]