ANF Stock Summary and Trading Ideas (Abercrombie & Fitch Company | NYSE:ANF)

Abercrombie & Fitch Co is a specialty retailer that sells casual clothing, personal-care products, and accessories for men, women, and children. It sells direct to consumer through its stores and websites, which include the Abercrombie & Fitch, Abercrombie kids, and Hollister brands. Most stores are in the United States, but the company does have many stores in Canada, Europe, and Asia. All stores are leased. Abercrombie ships to well over 100 countries via its websites. The company sources its merchandise from dozens of vendors that are primarily located in Asia and Central America. Abercrombie has two distribution centers in Ohio to support its North American operations. It uses third-party distributors for sales in Europe and Asia.

Abercrombie & Fitch Company trades on the NYSE stock market under the symbol ANF.

As of March 22, 2023, ANF stock price declined to $25.31 with 1,092,585 million shares trading.

ANF has a beta of 1.03, meaning it tends to be more sensitive to market movements. ANF has a correlation of 0.15 to the broad based SPY ETF.

ANF has a market cap of $1.24 billion. This is considered a Small Cap stock.

Last quarter Abercrombie & Fitch Company reported $1 billion in Revenue and $.81 earnings per share. This beat revenue expectation by $20 million and missed earnings estimates by -$.05.

In the last 3 years, ANF stock traded as high as $48.97 and as low as $7.42.

The top ETF exchange traded funds that ANF belongs to (by Net Assets): IJR, VTI, VB, IWM, VBR.

ANF has underperformed the market in the last year with a price return of -21.1% while the SPY ETF lost -11.3%. However, in the short term, ANF had mixed performance relative to the market. It has outperformed in the last 3 months, returning +18.1% vs +3.4% return in SPY. But in the last 2 weeks, ANF shares have been beat by the market, returning -8.6% compared to an SPY return of -1.3%.

ANF support price is $25.06 and resistance is $26.61 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ANF stock will trade within this expected range on the day.