Abercrombie & Fitch Co. (NYSE:ANF) – Stock analysts at FBR & Co reduced their Q4 2017 earnings per share (EPS) estimates for shares of Abercrombie & Fitch Co. in a research report issued on Monday. FBR & Co analyst S. Anderson now expects that the firm will earn $0.94 per share for the quarter, down from their prior forecast of $0.99. FBR & Co currently has a “Underperform” rating on the stock.

ANF has been the subject of several other research reports. Mizuho reduced their price objective on shares of Abercrombie & Fitch Co. from $21.00 to $19.00 and set a “neutral” rating for the company in a research note on Thursday, August 25th. Vetr upgraded shares of Abercrombie & Fitch Co. from a “buy” rating to a “strong-buy” rating and set a $19.36 target price on the stock in a report on Wednesday, September 21st. Deutsche Bank AG set a $18.00 target price on shares of Abercrombie & Fitch Co. and gave the stock a “hold” rating in a report on Tuesday, October 18th. Bank of America Corp. initiated coverage on shares of Abercrombie & Fitch Co. in a report on Wednesday, September 28th. They issued an “underperform” rating and a $16.00 target price on the stock. Finally, Argus restated a “hold” rating on shares of Abercrombie & Fitch Co. in a report on Friday, September 23rd. Nine investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and four have assigned a buy rating to the stock. Abercrombie & Fitch Co. has an average rating of “Hold” and an average price target of $20.23.

Earnings History and Estimates for Abercrombie & Fitch Co. (NYSE:ANF)

Shares of Abercrombie & Fitch Co. (NYSE:ANF) traded down 0.45% during trading on Tuesday, hitting $15.42. 1,588,486 shares of the stock traded hands. Abercrombie & Fitch Co. has a one year low of $14.00 and a one year high of $32.83. The firm has a 50 day moving average price of $15.50 and a 200-day moving average price of $18.69. The company has a market cap of $1.04 billion, a PE ratio of 82.02 and a beta of 1.31.

Abercrombie & Fitch Co. (NYSE:ANF) last issued its quarterly earnings results on Friday, November 18th. The apparel retailer reported $0.02 EPS for the quarter, missing the consensus estimate of $0.21 by $0.19. Abercrombie & Fitch Co. had a return on equity of 1.50% and a net margin of 0.38%. The company had revenue of $821.70 million for the quarter. During the same quarter last year, the firm earned $0.48 earnings per share. The business’s revenue was down 6.5% on a year-over-year basis.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 12th. Stockholders of record on Friday, December 2nd will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 5.16%. The ex-dividend date is Wednesday, November 30th. Abercrombie & Fitch Co.’s payout ratio is presently 421.05%.

In related news, Director Craig R. Stapleton acquired 10,000 shares of the company’s stock in a transaction dated Thursday, September 1st. The shares were bought at an average cost of $17.65 per share, with a total value of $176,500.00. Following the completion of the transaction, the director now directly owns 57,398 shares of the company’s stock, valued at $1,013,074.70. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Bonadies Fran Horowitz acquired 15,000 shares of the company’s stock in a transaction dated Thursday, September 8th. The stock was bought at an average cost of $17.32 per share, for a total transaction of $259,800.00. Following the completion of the transaction, the insider now directly owns 44,701 shares of the company’s stock, valued at $774,221.32. The disclosure for this purchase can be found here. 0.85% of the stock is currently owned by insiders.

Several institutional investors have recently modified their holdings of the stock. Principal Financial Group Inc. raised its position in shares of Abercrombie & Fitch Co. by 14.2% in the second quarter. Principal Financial Group Inc. now owns 258,523 shares of the apparel retailer’s stock valued at $4,604,000 after buying an additional 32,134 shares during the last quarter. Teacher Retirement System of Texas raised its position in shares of Abercrombie & Fitch Co. by 12.4% in the second quarter. Teacher Retirement System of Texas now owns 9,546 shares of the apparel retailer’s stock valued at $170,000 after buying an additional 1,053 shares during the last quarter. Virginia Retirement Systems ET AL raised its position in shares of Abercrombie & Fitch Co. by 303.4% in the third quarter. Virginia Retirement Systems ET AL now owns 72,200 shares of the apparel retailer’s stock valued at $1,147,000 after buying an additional 54,300 shares during the last quarter. Schroder Investment Management Group raised its position in shares of Abercrombie & Fitch Co. by 31.5% in the second quarter. Schroder Investment Management Group now owns 160,527 shares of the apparel retailer’s stock valued at $2,859,000 after buying an additional 38,486 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its position in shares of Abercrombie & Fitch Co. by 36.3% in the second quarter. Robeco Institutional Asset Management B.V. now owns 326,312 shares of the apparel retailer’s stock valued at $5,811,000 after buying an additional 86,857 shares during the last quarter.

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About Abercrombie & Fitch Co.

Abercrombie & Fitch Co (A&F) is a specialty retailer that operates stores and direct-to-consumer operations. Through these channels, the Company sells products, including casual sportswear apparel, including knit tops and woven shirts, graphic t-shirts, fleece, jeans and woven pants, shorts, sweaters and outerwear; personal care products, and accessories for men, women and kids under the Abercrombie & Fitch, abercrombie kids and Hollister brands.

5 Day Chart for NYSE:ANF

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