Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Abercrombie & Fitch (NYSE:ANF) Share Price

Headlines about Abercrombie & Fitch (NYSE:ANF) have trended somewhat positive this week, according to Accern Sentiment. The research firm scores the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Abercrombie & Fitch earned a news impact score of 0.19 on Accern’s scale. Accern also gave media headlines about the apparel retailer an impact score of 46.4259145838962 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the news stories that may have impacted Accern’s analysis:

Abercrombie & Fitch (NYSE:ANF) opened at $18.86 on Thursday. The company has a current ratio of 2.08, a quick ratio of 1.07 and a debt-to-equity ratio of 0.27. Abercrombie & Fitch has a twelve month low of $8.81 and a twelve month high of $19.60. The firm has a market capitalization of $1,266.01, a price-to-earnings ratio of -67.35, a PEG ratio of 15.62 and a beta of 0.96.

Abercrombie & Fitch (NYSE:ANF) last issued its earnings results on Friday, November 17th. The apparel retailer reported $0.30 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.06. Abercrombie & Fitch had a positive return on equity of 0.80% and a negative net margin of 0.55%. The firm had revenue of $859.10 million for the quarter, compared to the consensus estimate of $818.41 million. During the same quarter in the previous year, the company posted $0.02 earnings per share. The business’s quarterly revenue was up 4.6% compared to the same quarter last year. analysts expect that Abercrombie & Fitch will post 0.09 EPS for the current fiscal year.

ANF has been the topic of several analyst reports. Zacks Investment Research downgraded Abercrombie & Fitch from a “buy” rating to a “hold” rating in a report on Friday, October 27th. Standpoint Research downgraded Abercrombie & Fitch from an “outperform” rating to a “hold” rating in a report on Friday, November 17th. ValuEngine upgraded Abercrombie & Fitch from a “sell” rating to a “hold” rating in a research report on Friday, November 17th. JPMorgan Chase & Co. lowered Abercrombie & Fitch from a “neutral” rating to an “underweight” rating and decreased their target price for the stock from $12.00 to $10.00 in a research report on Wednesday, November 1st. Finally, Jefferies Group reiterated a “hold” rating and issued a $12.00 target price on shares of Abercrombie & Fitch in a research report on Thursday, September 28th. Seven equities research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $13.13.

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Abercrombie & Fitch Company Profile

Abercrombie & Fitch Co is a specialty retailer who primarily sells its products through store and direct-to-consumer operations, as well as through various wholesale, franchise and licensing arrangements. The Company operates through two segments: Abercrombie, which includes the Company’s Abercrombie & Fitch and abercrombie kids brands, and Hollister, which includes the Company’s Hollister and Gilly Hicks brands.

Insider Buying and Selling by Quarter for Abercrombie & Fitch (NYSE:ANF)

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