(NYSE:ANF) in which Jefferies Downgrades Abercrombie & Fitch Co. An unexpected gain (catch-up from global gift card breakage, +$4.5M) and a lower-than-expected tax rate cushioned against further EPS downside. Argus reiterated a "hold" rating on shares of Abercrombie & Fitch Company in a research note on Friday, September 23rd.
Many analysts are providing their Estimated Earnings analysis for Abercrombie & Fitch Co. and for the current quarter 22 analysts have projected that the stock could give an Average Earnings estimate of $0.75/share. The stock has an average rating of "Hold" and an average target price of $18.31. The share price is trading in a range of $11.75 - 12.20. 8,653,886 shares of the stock were exchanged. The stock's current distance from 20-Day Simple Moving Average (SMA20) is 13.02% where SMA50 and SMA200 are 12.55% and -16.93% respectively. The firm has a market capitalization of $901.42 million, a P/E ratio of 70.85 and a beta of 1.25. (NYSE:ANF) reported its EPS in the last quarter as $0.02/Share lagging the analyst estimate of $0.21/Share by the difference of $-0.19. (ANF - Free Report) reported another dismal quarter as fourth-quarter 2016 earnings and sales fell short of expectations and declined year over year.
Revenue fell 7 percent to $1.04 billion in the period, which matched Street forecasts.
The company's growth for the past 5 years has been at -17.63 percent.
Stores and distribution expense for the fourth quarter was $439.8 million, up from $430.4 million previous year, mainly because of a lease termination charge of $15.6 million related to the A&F flagship store in Hong Kong and higher direct-to-consumer expense.
The company said its earnings dropped to $48.79 million, or $0.71 per share.
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11/18/2016 - Abercrombie & Fitch Company had its " rating reiterated by analysts at Stifel Nicolaus. If you are viewing this story on another domain, it was illegally stolen and republished in violation of USA & worldwide trademark & copyright law.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 13th.
On 11/17/2016 Abercrombie & Fitch Company announced a Quarterly dividend of $0.20 with an ex dividend date of 11/30/2016 which will be payable on 12/12/2016.
Sell-side analysts are expecting EPS growth of 440.00% for Abercrombie & Fitch Co. Rowland & Co. Investment Counsel ADV now owns 32,738 shares of the apparel retailer's stock valued at $520,000 after buying an additional 750 shares during the period. Worldwide markets improved measurably from last quarter, for both Abercrombie and Hollister brands, and the direct-to-consumer business continued to deliver positive comparable sales in both the US and global markets. Tyvor Capital LLC bought a new stake in shares of Abercrombie & Fitch Company during the fourth quarter worth $10,783,000. Gross Margin percentage stands at 61.4% while its Operating Margin for trailing twelve month is 2.2 percent and Profit margin (ttm) is 0.4 Percent.
For fiscal 2017, the company expects capital expenditure of $100 million, of which about $70 will be spent for store updates and almost $20 million for direct-to-consumer, omni-channel and information technology investments to boost growth.
Indicating how profitable this stock is relative to its assets, the ROA value is observed at 0.50%. The number of shares now owned by investors are 67.98 mln.