In the newest buying and selling session, Abercrombie & Fitch (ANF) closed at $37.16, marking a -0.67% transfer from the day before today. This alteration lagged the S&P 500’s 0.08% loss on the day.
Previous to at this time’s buying and selling, shares of the teenager clothes retailer had misplaced 4% over the previous month. This has lagged the Retail-Wholesale sector’s lack of 1.68% and the S&P 500’s acquire of 0.73% in that point.
ANF can be trying to show power because it nears its subsequent earnings launch, which is anticipated to be Might 26, 2021. The corporate is anticipated to report EPS of -$0.40, up 87.84% from the prior-year quarter. In the meantime, our newest consensus estimate is looking for income of $686.47 million, up 41.43% from the prior-year quarter.
ANF’s full-year Zacks Consensus Estimates are calling for earnings of $1.49 per share and income of $3.52 billion. These outcomes would characterize year-over-year modifications of +304.11% and +12.49%, respectively.
Any current modifications to analyst estimates for ANF also needs to be famous by buyers. These revisions assist to indicate the ever-changing nature of near-term enterprise developments. With this in thoughts, we are able to contemplate optimistic estimate revisions an indication of optimism in regards to the firm’s enterprise outlook.
Based mostly on our analysis, we consider these estimate revisions are instantly associated to near-team inventory strikes. To profit from this, now we have developed the Zacks Rank, a proprietary mannequin which takes these estimate modifications into consideration and gives an actionable score system.
Starting from #1 (Robust Purchase) to #5 (Robust Promote), the Zacks Rank system has a confirmed, outside-audited monitor report of outperformance, with #1 shares returning a median of +25% yearly since 1988. Over the previous month, the Zacks Consensus EPS estimate has moved 4.77% increased. ANF is presently a Zacks Rank #3 (Maintain).
Digging into valuation, ANF presently has a Ahead P/E ratio of 25.13. This represents a premium in comparison with its trade’s common Ahead P/E of 22.6.
We are able to additionally see that ANF presently has a PEG ratio of 1.4. This fashionable metric is just like the widely-known P/E ratio, with the distinction being that the PEG ratio additionally takes into consideration the corporate’s anticipated earnings progress fee. The Retail – Attire and Footwear trade presently had a median PEG ratio of 1.86 as of yesterday’s shut.
The Retail – Attire and Footwear trade is a part of the Retail-Wholesale sector. This group has a Zacks Trade Rank of 88, placing it within the high 35% of all 250+ industries.
The Zacks Trade Rank gauges the power of our particular person trade teams by measuring the typical Zacks Rank of the person shares throughout the teams. Our analysis reveals that the highest 50% rated industries outperform the underside half by an element of two to 1.
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Abercrombie & Fitch Firm (ANF): Free Inventory Evaluation Report
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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.