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

The article reports on the options activity of 10 consumer discretionary stocks, including Tesla (TSLA), VFS, Ford (F), Rivian (RIVN), Penn National Gaming (PENN), Lululemon Athletica (LULU), Sturm, Ruger & Company (RGR), Crocs (CROX), Abercrombie & Fitch (ANF), and Home Depot (HD). The options activity is tracked by Benzinga's options activity scanner, which monitors the transactions of entities with large sums of money, known as 'whales'. The article provides detailed information on the type of options activity (call or put), the sentiment (bullish, bearish, or neutral), the expiration date, the strike price, the total trade price, the open interest, and the volume for each stock.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 5:35 pm

The article discusses a strategy for beating the market while hedging, which involves buying and hedging a handful of promising stocks that are relatively inexpensive to hedge. The process involves estimating potential returns, calculating the least expensive way of hedging each security, subtracting the hedging cost from the estimated returns, and buying and hedging the top names. A portfolio created using this strategy, which included Abercrombie & Fitch, Inc. (ANF), Super Micro Computer, Inc. (SMCI), and Viking Therapeutics,Inc. (VKTX), was up 23.28% over six months, compared to 5.18% for the SPDR S&P 500 Trust ETF (SPY).

Portfolio Pulse from dpinsen@yahoo.com

October 09, 2023 | 3:16 pm

A new documentary accuses former Abercrombie & Fitch CEO, Mike Jeffries, and his partner, Matthew Smith, of exploiting young men for sex at events they hosted between 2009 and 2015. The allegations, which have not been responded to by Jeffries and Smith, have led to calls for an investigation into potential sex trafficking charges. Abercrombie & Fitch expressed shock and disgust at the alleged misconduct.

Portfolio Pulse from Benzinga Neuro

October 04, 2023 | 3:40 am

Retail and consumer discretionary stocks are trading lower due to overall market weakness caused by rising Treasury yields.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 5:05 pm

Jim Cramer, on CNBC’s 'Mad Money Lightning Round,' recommended buying Caterpillar Inc. (CAT), Abercrombie & Fitch Co. (ANF), Exxon Mobil Corporation (XOM), and American Water Works Company, Inc. (AWK). He referred to Ardelyx, Inc. (ARDX) as a 'speculative stock' and advised against investing in fuboTV Inc. (FUBO).

Portfolio Pulse from Priya Nigam

October 02, 2023 | 12:34 pm

The article lists four consumer stocks that are considered overbought and may be due for a correction. These include TAL Education Group (TAL), Abercrombie & Fitch Co. (ANF), Stride, Inc. (LRN), and Phoenix Motor Inc. (PEV). The Relative Strength Index (RSI) values for these stocks are above 70, indicating they may be overvalued.

Portfolio Pulse from Lisa Levin

September 29, 2023 | 11:44 am

Benzinga's options activity scanner has identified significant options activity in the Consumer Discretionary sector. Notable stocks include Tesla (TSLA), Ford (F), XPeng (XPEV), Abercrombie & Fitch (ANF), GameStop (GME), Airbnb (ABNB), VF Corporation (VFC), Li Auto (LI), Harley-Davidson (HOG), and Rivian (RIVN). The activity includes both bullish and neutral sentiments, with varying expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

September 12, 2023 | 5:35 pm

Benzinga's options activity scanner has identified significant options activity in the Consumer Discretionary sector. Notable trades include bullish put options for TSLA and CBRL, bearish call options for DKNG and CVNA, and neutral call options for EXPE. Other companies with notable options activity include LVS, NKE, ANF, RL, and GM.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 5:35 pm

Telsey Advisory Group analyst Dana Telsey has reiterated an Outperform rating on Abercrombie & Fitch Company (ANF), raising the price target to $62 from $56. The analyst believes ANF's improved inventory management could fuel Q3 earnings. ANF expects to reach its prior 2025 target of an 8%-plus operating margin in FY23. The company's momentum from Q2 has carried into Q3, leading to expectations of a normal holiday period. Telsey predicts 2023 same-store-sales growth of 9.7% and full-year EPS of $4.29.

Portfolio Pulse from Nabaparna Bhattacharya

September 07, 2023 | 7:04 pm

Abercrombie & Fitch (NYSE:ANF) has received a mix of bullish and indifferent ratings from analysts in the last quarter. The average price target is $51.56, which is lower than the current price of $54.3, implying a potential downside. The average price target has increased by 30.76% over the past month.

Portfolio Pulse from Benzinga Insights

September 07, 2023 | 4:00 pm

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