ANF Stock Recent News
ANF LATEST HEADLINES
Abercrombie (ANF) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Abercrombie (ANF) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
The average of price targets set by Wall Street analysts indicates a potential upside of 27.5% in Abercrombie (ANF). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Explore Abercrombie's (ANF) international revenue trends and how these numbers impact Wall Street's forecasts and what's ahead for the stock.
Paul Lejuez, Citigroup senior retail analyst, joins 'The Exchange' to discuss why his firm upgraded the clothing apparel company Abercrombie & Fitch to a buy.
Abercrombie (ANF) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
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.
Abercrombie & Fitch reported record second-quarter sales and increased guidance. The stock has soared over the last year, and investors are taking profits.
Abercrombie & Fitch (NYSE: ANF), a specialty retailer selling casual clothing and footwear, fell around 17% on Wednesday, 28th August, as compared to a 0.6% decline in the S&P 500 index. In comparison, ANF's peer American Eagle Outfitters (NYSE: AEO) has seen its stock down 4% to around $22 on the same day.
As revealed in the second quarter, many of the largest companies in the S&P 500 managed to surpass Wall Street expectations, set a winning tone for the rest of the year, and determine potential investments that could yield profits as soon as Q4 2024.