Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Abercrombie & Fitch (ANF) Share Price

Headlines about Abercrombie & Fitch (NYSE:ANF) have trended somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Abercrombie & Fitch earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned news coverage about the apparel retailer an impact score of 46.5347536143195 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:

Several research firms have weighed in on ANF. ValuEngine upgraded shares of Abercrombie & Fitch from a “sell” rating to a “hold” rating in a report on Friday, November 17th. Wolfe Research upped their price objective on shares of Abercrombie & Fitch from $9.00 to $13.00 and gave the stock an “underperform” rating in a report on Monday, November 20th. Jefferies Group restated a “hold” rating and set a $12.00 price objective on shares of Abercrombie & Fitch in a report on Thursday, September 28th. Zacks Investment Research upgraded shares of Abercrombie & Fitch from a “hold” rating to a “strong-buy” rating and set a $16.00 price objective on the stock in a report on Tuesday, September 12th. Finally, Robert W. Baird restated a “neutral” rating and set a $15.00 price objective (up previously from $13.00) on shares of Abercrombie & Fitch in a report on Friday, September 22nd. Seven equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. Abercrombie & Fitch currently has a consensus rating of “Hold” and an average price target of $13.13.

Shares of Abercrombie & Fitch (NYSE ANF) traded down $0.79 during trading hours on Friday, reaching $17.43. 2,856,065 shares of the company’s stock were exchanged, compared to its average volume of 2,194,828. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.08 and a quick ratio of 1.07. The company has a market capitalization of $1,240.81, a price-to-earnings ratio of -62.25, a PEG ratio of 12.11 and a beta of 0.96. Abercrombie & Fitch has a 12-month low of $8.81 and a 12-month high of $19.11.

Abercrombie & Fitch (NYSE:ANF) last issued its earnings results on Friday, November 17th. The apparel retailer reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.06. The firm had revenue of $859.10 million during the quarter, compared to analyst estimates of $818.41 million. Abercrombie & Fitch had a negative net margin of 0.55% and a positive return on equity of 0.80%. The company’s quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter last year, the business earned $0.02 earnings per share. sell-side analysts expect that Abercrombie & Fitch will post 0.11 EPS for the current year.

The company also recently declared a quarterly dividend, which was paid on Monday, December 11th. Stockholders of record on Friday, December 1st were issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.59%. The ex-dividend date was Thursday, November 30th. Abercrombie & Fitch’s payout ratio is -285.70%.

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About Abercrombie & Fitch

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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