Streetbeat News

ANF

Abercrombie & Fitch Co.

https://www.abercrombie.com

Industry

Apparel - Retail

Abercrombie & Fitch Co., through its subsidiaries, operates as a specialty retailer. The company operates in two segments, Hollister and Abercrombie. It offers an assortment of apparel, personal care products, and accessories for men, women, and children under the Hollister, Abercrombie & Fitch, abercrombie kids, Moose, Seagull, Gilly Hicks, and Social Tourist brands. As of January 29, 2022, it operated approximately 729 retail stores in Europe, Asia, Canada, the Middle East, United States, and internationally. The company sells products through its stores; various third-party wholesale, franchise, and licensing arrangements; and e-commerce platforms. Abercrombie & Fitch Co. was founded in 1892 and is headquartered in New Albany, Ohio.

Open

144.49

Mkt cap

7.4B

Volume

939K

High

145.20

P/E Ratio

15.34

52-wk high

196.99

Low

141.65

Div yield

N/A

52-wk low

65.60

High-rolling investors have shown a bullish sentiment on Abercrombie & Fitch (ANF) options, with significant activity detected by Benzinga's options scanner. The trades include 7 calls and 1 put, indicating a potential price target range of $105.0 to $125.0. The current stock price of ANF is $128.97, with analysts from Argus Research and Morgan Stanley providing target prices of $130 and $112, respectively. The volume and open interest in ANF options have shown notable development, suggesting increased investor interest.

Portfolio Pulse from Benzinga Insights

May 08, 2024 | 6:45 pm

Over the past 10 years, Abercrombie & Fitch (NYSE:ANF) has produced an average annual return of 12.94%, outperforming the market by 2.39% on an annualized basis. With a current market capitalization of $6.64 billion, a $1000 investment in ANF 10 years ago would be worth $3,404.64 today.

Portfolio Pulse from Benzinga Insights

May 07, 2024 | 4:01 pm

Morgan Stanley analyst Alexandra Steiger maintains an Equal-Weight rating on Abercrombie & Fitch (ANF) and raises the price target from $103 to $112.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 5:20 pm

Whale investors have shown a bullish sentiment towards Abercrombie & Fitch (ANF), with options activity indicating a target price range of $60.0 to $140.0. The analysis of options trades reveals a mix of bullish and neutral sentiments, with significant trades in both puts and calls. ANF's current trading volume is 289,490, with a slight price decrease of -0.54%, standing at $128.07. The stock may be nearing overbought territory, with an earnings release expected in 23 days. An analyst from Argus Research maintains a Buy rating with a target price of $130.

Portfolio Pulse from Benzinga Insights

May 06, 2024 | 3:31 pm

Abercrombie & Fitch's (NYSE:ANF) short interest has decreased by 13.51% since the last report, with 4.39 million shares sold short, representing 12.29% of its float. This decrease in short interest could indicate a more bullish sentiment towards ANF among traders. Compared to its peers, ANF has a lower short interest percentage of 14.25%, suggesting it is performing relatively well within its peer group.

Portfolio Pulse from Benzinga Insights

May 02, 2024 | 5:45 pm

Retail stocks, including AEO, ANF, and BURL, are experiencing an uptick in their share prices due to overall market strength.

Portfolio Pulse from Benzinga Newsdesk

April 26, 2024 | 7:47 pm

Abercrombie & Fitch (NYSE:ANF) has seen a bearish trend in options trading, with a significant portion of investors betting against the stock. The trading activity suggests a price target range of $105 to $160. The company, a specialty retailer, is currently trading up by 1.55% at $117.69, with an anticipated earnings release in 35 days. An analyst from Argus Research maintains a Buy rating with a target price of $130.

Portfolio Pulse from Benzinga Insights

April 17, 2024 | 7:46 pm

Over the past 10 years, Abercrombie & Fitch (NYSE:ANF) has delivered an average annual return of 11.54%, outperforming the market by 1.17% annually. A $100 investment in ANF a decade ago would be worth $308.63 today, showcasing the impact of compounded returns on investment growth. ANF's current market capitalization stands at $5.70 billion.

Portfolio Pulse from Benzinga Insights

April 16, 2024 | 2:00 pm

Abercrombie & Fitch's (NYSE:ANF) short interest has decreased by 13.51% since the last report, with 4.39 million shares sold short, representing 12.29% of its float. This decrease in short interest could indicate a more bullish sentiment towards ANF among traders. Compared to its peers, ANF has a lower short interest percentage of float, with the average being 14.42%. Short interest is a key indicator of market sentiment, and a decrease suggests that investors may be becoming more optimistic about the company's future performance.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 6:30 pm

Argus Research analyst Kristina Ruggeri maintains a Buy rating on Abercrombie & Fitch (ANF) and raises the price target from $97 to $130.

Portfolio Pulse from Benzinga Newsdesk

April 11, 2024 | 3:40 pm

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