Abercrombie & Fitch (NYSE:ANF) issued its earnings results on Thursday. The apparel retailer reported $0.06 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.04) by $0.10, Bloomberg Earnings reports. The business had revenue of $842.41 million for the quarter, compared to the consensus estimate of $845.11 million. Abercrombie & Fitch had a net margin of 0.74% and a return on equity of 5.72%. The firm’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same period in the previous year, the company earned ($0.16) earnings per share.

ANF stock opened at $22.55 on Friday. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.54 and a quick ratio of 1.67. Abercrombie & Fitch has a one year low of $11.61 and a one year high of $29.69. The firm has a market cap of $1.86 billion, a price-to-earnings ratio of 34.69, a P/E/G ratio of 2.71 and a beta of 0.72.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 17th. Shareholders of record on Friday, September 7th will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Thursday, September 6th. This represents a $0.80 dividend on an annualized basis and a yield of 3.55%. Abercrombie & Fitch’s dividend payout ratio (DPR) is 123.08%.

In related news, Director Kerrii B. Anderson acquired 2,000 shares of Abercrombie & Fitch stock in a transaction on Tuesday, June 5th. The stock was purchased at an average cost of $24.03 per share, with a total value of $48,060.00. Following the completion of the transaction, the director now directly owns 2,500 shares in the company, valued at approximately $60,075. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, insider Stacia J.P. Andersen sold 28,000 shares of Abercrombie & Fitch stock in a transaction on Wednesday, June 20th. The stock was sold at an average price of $27.55, for a total transaction of $771,400.00. Following the transaction, the insider now directly owns 18,251 shares of the company’s stock, valued at $502,815.05. The disclosure for this sale can be found here. Insiders own 0.95% of the company’s stock.

A number of equities analysts recently weighed in on ANF shares. TheStreet downgraded shares of Abercrombie & Fitch from a “b-” rating to a “c+” rating in a report on Tuesday, June 5th. ValuEngine downgraded shares of Abercrombie & Fitch from a “strong-buy” rating to a “buy” rating in a report on Friday, June 1st. Zacks Investment Research downgraded shares of Abercrombie & Fitch from a “buy” rating to a “hold” rating in a report on Monday, August 6th. Wedbush started coverage on shares of Abercrombie & Fitch in a report on Thursday, May 10th. They set a “neutral” rating and a $25.00 target price on the stock. Finally, JPMorgan Chase & Co. lowered their target price on shares of Abercrombie & Fitch from $23.00 to $22.00 and set an “underweight” rating on the stock in a report on Monday, June 4th. Four investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and two have issued a buy rating to the company’s stock. Abercrombie & Fitch currently has a consensus rating of “Hold” and an average price target of $21.81.

Abercrombie & Fitch Company Profile

Abercrombie & Fitch Co, through its subsidiaries, operates as a specialty retailer. The Company operates in two segments, Hollister and Abercrombie. It offers apparel, intimates, personal care products, and accessories for men, women, and kids under the Hollister, Abercrombie & Fitch, abercrombie kids, and Gilly Hicks brand names.

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Earnings History for Abercrombie & Fitch (NYSE:ANF)

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