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 ...

Abercrombie & Fitch (ANF) closed the last trading session at $142.64, gaining 3.4% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $184.50 indicates a 29.4% upside potential. The mean estimate comprises six short-term price targets with a standard deviation of $25.37. While the lowest estimate of $147 indicates a 3.1% increase from the current price level, the most optimistic analy ...

NEW ALBANY, Ohio, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Abercrombie & Fitch Co. (NYSE: ANF) will host its quarterly earnings conference call for all interested parties on Tuesday, November 26, 2024, at 8:30 a.m. ET. A press release detailing the company's third quarter results is expected to be issued shortly after 7:30 a.m. ET. In addition, a presentation of the third quarter results will be available on the company's website at approximately 7:30 a.m. ET. Conference Call: To access the conference call by phon ...

Abercrombie & Fitch chairman and CEO Mike Jeffries addresses stockholders during the company's annual meeting at the company's headquarters in New Albany, Ohio, U.S. May 22, 2003.Abercrombie & Fitch washed its hands of its former CEO Mike Jeffries after he was arrested on federal sex trafficking charges, saying in a Wednesday statement the company is "committed to fully cooperating with law enforcement as the legal process continues." "As we shared when the accusations were first made public in October 2023 ...

Building a portfolio with stocks that have robust liquidity levels will likely work for investors seeking healthy returns. Liquidity measures a company’s capability to meet its short-term debt obligations. Stocks with high liquidity levels have always been in demand, owing to their potential to provide maximum returns.Investors can consider adding stocks like Abercrombie & Fitch Co. (ANF) , EverQuote, Inc (EVER) , Sezzle Inc (SEZL) and Peloton Interactive, Inc (PTON) to their portfolios to boost returns.How ...

September brought encouraging news with consumer spending held up firmly, signaling continued economic resilience. Lower gasoline prices, continued wage gains and supportive monetary policies from the Federal Reserve have given consumers more spending power. This boost in retail activity comes at a crucial time, as industry players gear up for the upcoming holiday shopping season. As per the Commerce Department, retail sales in September reached $714.4 billion, up from $711.3 billion in August, reflecting a ...