Abercrombie & Fitch Company (NYSE:ANF) has obtained a mean price target of $23.030 by market experts. The research group First Call has reached this mean recommendation by taking into account the recommendations of leading analysts in the market. These market experts have disclosed projected earnings of $0.430 a share for the near-term quarter and $0.800 for this year.
The technical analysis of Abercrombie & Fitch Company Com clearly shows that the moving average of 50-days of Abercrombie & Fitch Company (NYSE:ANF) stock is $20.589, and is trading $2.076 points away or +10.082% from its 50-day moving average of $20.589. Further it is trading $-1.730 or -7.091% away its 200-day moving average of $24.395.
The 52-week high of Abercrombie & Fitch Company (NYSE:ANF) was $32.830 while $16.490 is the low in the same period. This state Abercrombie & Fitch Company Com shares price has to travel more than $-10.165 to register a new high of 52-weeks or drop +37.447% to touch a new 52-week low point. MA here stands for moving average.
Taking the valuation aspect to reach the estimation of Abercrombie & Fitch Company Com, investors use price-to-earnings ratio, which is truncated as P/E ratio. It assesses shares price by the relative expense of the stock. Abercrombie & Fitch Company (NYSE:ANF) ratio came in at 26.602, which was derived by dividing current price of stock by yearly earnings. Abercrombie & Fitch Company Com stock recorded a close of $22.665 in last trading session, reaching a market cap of $1.53B.
Investors calculate the Price-to-Earnings-Growth ratio to get a clear view on the valuation of a firm. In the case of a higher PEG ratio, the shareholders look to sell their stock holdings. The undervalued stock has a PEG ratio of 0 or 1 while the fairly valued stock has the ratio of 1 and 2. The Abercrombie & Fitch Company (NYSE:ANF) PEG ratio is at 1.700.
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