Drilling Down Into Abercrombie & Fitch Co. (ANF)

Abercrombie & Fitch Co. (ANF) is an interesting player in the Services space, with a focus on Apparel Stores. The stock has been active on the tape, currently trading at $26.12, down from yesterday’s close by -0.68%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Abercrombie & Fitch Co. (ANF) currently trades with a market capitalization of $1.81 Billion. That value represents a market adjusting for revenues that have been growing by 15.13 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $178.71 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of -$0.77 on a per share basis this quarter. Perhaps, that suggests something about why 3.08% of the outstanding share supply is held by institutional investors.

Technical Analysis

It’s important to check the technicals to get a sense of how ANF has been acting. Looking at the stock’s movement on the chart, Abercrombie & Fitch Co. recorded a 52-week high of $29.20. It is now trading 3.08% off that level. The stock is trading $24.93 its 50-day moving average by -1.19%. The stock carved out a 52-week low down at $8.81.

In recent action, Abercrombie & Fitch Co. (ANF) has made a move of -8.80% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 12.84, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 21.15% with $67.40 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of ANF.

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