Abercrombie & Fitch (NYSE:ANF – Get Rating) posted its quarterly earnings results on Wednesday. The apparel retailer reported $0.39 earnings per share for the quarter, beating the consensus estimate of ($0.02) by $0.41, Briefing.com reports. The firm had revenue of $836.00 million during the quarter, compared to the consensus estimate of $814.93 million. Abercrombie & Fitch had a net margin of 0.08% and a return on equity of 1.90%. The business’s revenue was up 2.9% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.27) earnings per share.
Abercrombie & Fitch Stock Performance
Shares of ANF stock opened at $28.56 on Friday. Abercrombie & Fitch has a 12 month low of $14.02 and a 12 month high of $31.69. The company has a current ratio of 1.36, a quick ratio of 0.80 and a debt-to-equity ratio of 0.42. The stock has a market capitalization of $1.43 billion, a P/E ratio of 476.00 and a beta of 1.45. The firm’s 50 day moving average is $24.89 and its 200 day moving average is $25.25.
Institutional Trading of Abercrombie & Fitch
Several institutional investors and hedge funds have recently bought and sold shares of the company. First Republic Investment Management Inc. raised its position in shares of Abercrombie & Fitch by 2.3% during the 1st quarter. First Republic Investment Management Inc. now owns 21,072 shares of the apparel retailer’s stock valued at $674,000 after buying an additional 483 shares in the last quarter. Metropolitan Life Insurance Co NY raised its holdings in Abercrombie & Fitch by 19.9% in the fourth quarter. Metropolitan Life Insurance Co NY now owns 3,078 shares of the apparel retailer’s stock worth $71,000 after buying an additional 511 shares during the last quarter. Public Employees Retirement System of Ohio raised its holdings in Abercrombie & Fitch by 13.4% in the third quarter. Public Employees Retirement System of Ohio now owns 6,851 shares of the apparel retailer’s stock worth $107,000 after buying an additional 810 shares during the last quarter. Captrust Financial Advisors raised its holdings in Abercrombie & Fitch by 24.9% in the second quarter. Captrust Financial Advisors now owns 4,580 shares of the apparel retailer’s stock worth $77,000 after buying an additional 913 shares during the last quarter. Finally, Advisory Services Network LLC raised its holdings in Abercrombie & Fitch by 985.0% in the first quarter. Advisory Services Network LLC now owns 1,085 shares of the apparel retailer’s stock worth $30,000 after buying an additional 985 shares during the last quarter.
Analysts Set New Price Targets
About Abercrombie & Fitch
Abercrombie & Fitch Co engages in the retail of apparel, personal care products, and accessories. It offers apparel products, including 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 brands.
- Get a free copy of the StockNews.com research report on Abercrombie & Fitch (ANF)
- 3 Electrical Gear Makers: Hidden Gems Amid Growing Digitization
- Can ULTA’s Defensive Product Line Stand Against This Down Cycle
- A Reversal Is Brewing For Medtronic: Buying The Dip
- Ralph Lauren’s Styled Dividend Is Still In Season
- Dollar Tree Falls As Theft Cuts Into Bottom Line
Receive News & Ratings for Abercrombie & Fitch Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Abercrombie & Fitch and related companies with MarketBeat.com's FREE daily email newsletter.