Abercrombie & Fitch (ANF) Receives Media Sentiment Rating of 0.13

Media headlines about Abercrombie & Fitch (NYSE:ANF) have been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public 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 0.13 on Accern’s scale. Accern also gave press coverage about the apparel retailer an impact score of 45.0150229815706 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

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

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Abercrombie & Fitch stock opened at $26.55 on Monday. Abercrombie & Fitch has a 52 week low of $8.81 and a 52 week high of $29.20. The company has a quick ratio of 1.66, a current ratio of 2.49 and a debt-to-equity ratio of 0.24. The firm has a market cap of $1,808.10, a PE ratio of 33.19, a price-to-earnings-growth ratio of 2.78 and a beta of 0.89.

Abercrombie & Fitch (NYSE:ANF) last issued its earnings results on Wednesday, March 7th. The apparel retailer reported $1.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.10 by $0.28. Abercrombie & Fitch had a return on equity of 4.86% and a net margin of 0.20%. The business had revenue of $1.19 billion during the quarter, compared to analysts’ expectations of $1.17 billion. During the same quarter in the prior year, the firm earned $0.71 EPS. The business’s revenue for the quarter was up 15.2% compared to the same quarter last year. research analysts forecast that Abercrombie & Fitch will post 0.68 EPS for the current year.

Several equities research analysts have commented on ANF shares. Robert W. Baird reiterated a “hold” rating on shares of Abercrombie & Fitch in a research report on Tuesday, January 23rd. B. Riley upped their target price on Abercrombie & Fitch from $20.00 to $22.00 and gave the company a “neutral” rating in a report on Tuesday, February 27th. Bank of America boosted their price target on Abercrombie & Fitch from $9.00 to $16.00 and gave the company a “sell” rating in a research note on Wednesday, January 24th. Morgan Stanley upped their price target on Abercrombie & Fitch from $11.00 to $13.00 and gave the stock an “underweight” rating in a report on Thursday, March 8th. Finally, Jefferies Group reiterated a “hold” rating on shares of Abercrombie & Fitch in a report on Wednesday, January 24th. Seven investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. Abercrombie & Fitch presently has a consensus rating of “Hold” and a consensus price target of $17.57.

In other Abercrombie & Fitch news, Director Arthur C. Martinez sold 20,000 shares of the company’s stock in a transaction dated Thursday, March 8th. The stock was sold at an average price of $23.72, for a total value of $474,400.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 0.64% of the company’s stock.

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Abercrombie & Fitch Company Profile

Abercrombie & Fitch Co, through its subsidiaries, operates as a specialty retailer. The Company operates through two segments, Abercrombie and Hollister. It offers knit tops, woven shirts, graphic T-shirts, fleece, sweaters, jeans, woven pants, shorts, outerwear, dresses, intimates, and swimwear; and personal care products and accessories for men, women, and kids under the Abercrombie & Fitch, abercrombie kids, Hollister, and Gilly Hicks brand names.

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

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