ANF Stock Recent News
ANF LATEST HEADLINES
Abercrombie & Fitch (ANF) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, ANF crossed above the 20-day moving average, suggesting a short-term bullish trend.
Abercrombie & Fitch (ANF) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, ANF broke out above the 50-day moving average, suggesting a short-term bullish trend.
Abercrombie & Fitch (ANF) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, ANF broke through the 200-day moving average, which suggests a long-term bullish trend.
Shares of Abercrombie & Fitch (ANF, Financial) surged 8.02% following the addition of the stock to the positive catalyst watch list by JPMorgan analyst Matthew Boss. This move aligns with an increased price target and enhanced third-quarter earnings estimates, showcasing promising momentum for the Abercrombie & Fitch brands, including Hollister, during the recent back-to-school shopping season.
Abercrombie (ANF) could produce exceptional returns because of its solid growth attributes.
Investors can add these top-ranked liquid stocks, Abercrombie & Fitch, EverQuote, Sezzle and Angi, to their portfolios to boost returns.
Stocks of retailers such as Abercrombie & Fitch, Burlington Stores, Boot Barn and Build-A-Bear look well-poised to tap favorable consumer demand in the holiday season.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Recently, Zacks.com users have been paying close attention to Abercrombie (ANF). This makes it worthwhile to examine what the stock has in store.
The recent market rotation has triggered ANF's drastically cheaper valuations at FWD PEG non-GAAP ratio of 0.62x, prompting our upgraded Buy rating. If anything, the impressive H1'24 performance with net sales growth of +21.4% YoY and operating margins of 14.1% suggests a potential for beat and raise performance ahead. This is despite ANF's recently raised FY2024 guidance, with it sustaining the stock's high growth/ profitable investment thesis.