Abercrombie & Fitch (ANF) is an American retailer that focuses on upscale casual wear for young consumers, and is headquartered in New Albany, Ohio, a suburb of Columbus. It has over 300 locations in the United States, and is expanding internationally. The company operates two offshoot brands: Abercrombie Kids and Hollister Co., in addition to two brands, Ruehl No.925 and Gilly Hicks, that closed in early 2010 and 2015, respectively. Abercrombie & Fitch is notable for using "brand representatives" (previously called "models") for store customer service. Its main competitors are Aéropostale andAmerican Eagle Outfitters. Its younger subsidiary, Abercrombie Kids, competes with Aéropostale's P.S., and American Eagle Outfitters's 77kids.
Reported before open today (5/26/16) Earnings: EPS -$0.59 Revenue $685.5M Estimates: EPS -$0.50 Revenue $706M Down 17.52% today so far
Analyst Upgrade/Downgrade Update Brokerage firm: Wolfe Research Change: Downgrade Previous Rating: Outperform Current Rating: Peer Perform Previous Price Target: N/A Current Price Target: N/A
Analyst Upgrade/Downgrade Update Brokerage firm: FBR & Co Change: Downgrade Previous Rating: Market perform Current Rating: Underperform Previous Price Target: $19 Current Price Target: $14
5min chart, this is a pretty important support level here. If you like this for a long, keep a stop loss!
It is sitting right at support, but look at the trends. Also think to yourself, how often do you see people wearing Abercrombie anymore? It's not popular like it used to be. Not to mention, support is trending down, resistance is trending down, and all moving averages are trending down.
I don't really follow this one but looking at the TA I would stay away. There a lot of better opportunities out there. TTT
Analyst Upgrade/Downgrade Update Brokerage firm: RBC Capital Mkts Change: Downgrade Previous Rating: Sector Perform Current Rating: Underperform Previous Price Target: $20 Current Price Target: $12
Analyst Upgrade/Downgrade Update Brokerage firm: Telsey Advisory Group Change: Coverage Reiterated/Price Target Changed Previous Rating: N/A Current Rating: Market Perform Previous Price Target: $19 Current Price Target: $16
Upcoming dividend information: Ex-Div-Date: 11/30/16 Payment Date: 12/12/16 Dividend: $0.20 Current Price: $14.60 Annual Yield: 5.48%
Unless something changes, future is not bright for this company, but this SP seems way too low given the current situation.
After the big gap down, price has just gone more down. Bad. On the plus side, $6 cash/share in this stock with current price $9.
Its not dead! $9 support was good, back above $10 now. Im not bullish over the long term, but short term pops like this are worth watching for opportunities to the downside.
ANF has been good multi-month roller down here sub-18, and with fairly liquid weekly options, I've taken to selling Puts about .75 to 1.00 out of the money. Gotta have time to watch 'em closely so you know whether to be happy to take the shares or roll out the short Puts. But I'm hoping to use the Puts to selectively continue adding to a small position I started last year. Next earnings expected in early March and currently yielding about 4.7%.
