Abercrombie & Fitch Co. (NYSE:ANF) – KeyCorp lowered their FY2017 EPS estimates for shares of Abercrombie & Fitch Co. in a report issued on Sunday. KeyCorp analyst J. Schmidt now anticipates that the firm will post earnings per share of $0.04 for the year, down from their previous forecast of $0.47. KeyCorp currently has a “Overweight” rating and a $25.00 price objective on the stock. KeyCorp also issued estimates for Abercrombie & Fitch Co.’s Q4 2017 earnings at $0.85 EPS, Q1 2018 earnings at ($0.61) EPS, Q2 2018 earnings at ($0.13) EPS, Q3 2018 earnings at $0.48 EPS, Q4 2018 earnings at $0.91 EPS and FY2019 earnings at $0.79 EPS.

Abercrombie & Fitch Co. (NYSE:ANF) last posted its quarterly earnings results on Friday, November 18th. The apparel retailer reported $0.02 EPS for the quarter, missing the Zacks’ 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 earned $821.70 million during the quarter. During the same period in the prior year, the firm earned $0.48 earnings per share. Abercrombie & Fitch Co.’s revenue for the quarter was down 6.5% on a year-over-year basis.

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

A number of other equities analysts have also weighed in on the stock. Deutsche Bank AG lowered shares of Abercrombie & Fitch Co. from a “hold” rating to a “sell” rating and decreased their price objective for the stock from $15.49 to $13.00 in a report on Wednesday. They noted that the move was a valuation call. Vetr lowered shares of Abercrombie & Fitch Co. from a “buy” rating to a “hold” rating and set a $14.40 price objective for the company. in a report on Tuesday. Stifel Nicolaus restated a “hold” rating on shares of Abercrombie & Fitch Co. in a report on Monday. BMO Capital Markets restated a “hold” rating and issued a $15.00 price objective on shares of Abercrombie & Fitch Co. in a report on Sunday. Finally, Mizuho set a $12.00 price objective on shares of Abercrombie & Fitch Co. and gave the stock a “hold” rating in a report on Monday. Nine research analysts have rated the stock with a sell rating, fifteen have given a hold rating and four have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $20.23.

Abercrombie & Fitch Co. (NYSE:ANF) traded down 0.71% during trading on Wednesday, hitting $15.38. The stock had a trading volume of 2,177,874 shares. The company has a market cap of $1.04 billion, a price-to-earnings ratio of 81.81 and a beta of 1.31. Abercrombie & Fitch Co. has a 52-week low of $14.00 and a 52-week high of $32.83. The company has a 50-day moving average price of $15.50 and a 200-day moving average price of $18.69.

Several institutional investors have recently added to or reduced their stakes in ANF. Price T Rowe Associates Inc. MD increased its position in Abercrombie & Fitch Co. by 46.2% in the third quarter. Price T Rowe Associates Inc. MD now owns 18,680 shares of the apparel retailer’s stock worth $297,000 after buying an additional 5,900 shares in the last quarter. Ameritas Investment Partners Inc. increased its position in Abercrombie & Fitch Co. by 65.1% in the third quarter. Ameritas Investment Partners Inc. now owns 26,505 shares of the apparel retailer’s stock worth $421,000 after buying an additional 10,449 shares in the last quarter. Panagora Asset Management Inc. increased its position in Abercrombie & Fitch Co. by 86.8% in the third quarter. Panagora Asset Management Inc. now owns 7,104 shares of the apparel retailer’s stock worth $113,000 after buying an additional 3,302 shares in the last quarter. The Manufacturers Life Insurance Company acquired a new position in Abercrombie & Fitch Co. during the third quarter worth about $2,179,000. Finally, SECOR Capital Advisors LP acquired a new position in Abercrombie & Fitch Co. during the third quarter worth about $215,000.

In other Abercrombie & Fitch Co. news, Director Craig R. Stapleton acquired 10,000 shares of the company’s stock in a transaction dated Thursday, September 1st. The shares were purchased at an average cost of $17.65 per share, for a total transaction of $176,500.00. Following the completion of the purchase, the director now owns 57,398 shares in the company, valued at $1,013,074.70. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Bonadies Fran Horowitz acquired 15,000 shares of the company’s stock in a transaction dated Thursday, September 8th. The shares were acquired at an average price of $17.32 per share, for a total transaction of $259,800.00. Following the completion of the purchase, the insider now owns 44,701 shares of the company’s stock, valued at approximately $774,221.32. The disclosure for this purchase can be found here. Insiders own 0.85% of the company’s stock.

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

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Abercrombie & Fitch Co. Company Profile

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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