Abercrombie & Fitch Co. (NYSE:ANF) shares reached a new 52-week high on Friday . The stock traded as high as $19.76 and last traded at $18.95, with a volume of 918000 shares traded. The stock had previously closed at $18.86.

Several research analysts have recently weighed in on ANF shares. Jefferies Group reaffirmed a “hold” rating and issued a $12.00 price target on shares of Abercrombie & Fitch in a report on Thursday, September 28th. Argus raised shares of Abercrombie & Fitch from a “sell” rating to a “hold” rating in a report on Monday, October 2nd. Zacks Investment Research cut shares of Abercrombie & Fitch from a “buy” rating to a “hold” rating in a report on Friday, October 27th. JPMorgan Chase & Co. cut shares of Abercrombie & Fitch from a “neutral” rating to an “underweight” rating and decreased their price target for the stock from $12.00 to $10.00 in a report on Wednesday, November 1st. Finally, B. Riley reaffirmed a “neutral” rating on shares of Abercrombie & Fitch in a report on Wednesday, November 1st. Seven equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. Abercrombie & Fitch currently has a consensus rating of “Hold” and an average target price of $13.67.

The company has a market cap of $1,360.00, a PE ratio of -68.69, a PEG ratio of 15.92 and a beta of 0.96. The company has a quick ratio of 1.07, a current ratio of 2.08 and a debt-to-equity ratio of 0.27.

Abercrombie & Fitch (NYSE:ANF) last announced its earnings results on Friday, November 17th. The apparel retailer reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.06. Abercrombie & Fitch had a negative net margin of 0.55% and a positive return on equity of 0.80%. The company had revenue of $859.10 million during the quarter, compared to analyst estimates of $818.41 million. During the same period in the previous year, the business earned $0.02 earnings per share. The firm’s quarterly revenue was up 4.6% compared to the same quarter last year. analysts predict that Abercrombie & Fitch Co. will post 0.09 earnings per share for the current fiscal year.

A number of hedge funds and other institutional investors have recently bought and sold shares of ANF. Cornerstone Capital Management Holdings LLC. purchased a new stake in Abercrombie & Fitch during the second quarter valued at about $114,000. Lorber David A purchased a new stake in Abercrombie & Fitch during the third quarter valued at about $126,000. Old Mutual Global Investors UK Ltd. purchased a new stake in Abercrombie & Fitch during the third quarter valued at about $133,000. Suntrust Banks Inc. boosted its position in Abercrombie & Fitch by 3.9% during the second quarter. Suntrust Banks Inc. now owns 13,257 shares of the apparel retailer’s stock valued at $164,000 after buying an additional 492 shares during the period. Finally, Quantitative Investment Management LLC purchased a new stake in Abercrombie & Fitch during the second quarter valued at about $170,000. Institutional investors and hedge funds own 99.34% of the company’s stock.

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About Abercrombie & Fitch

Abercrombie & Fitch Co is a specialty retailer who primarily sells its products through store and direct-to-consumer operations, as well as through various wholesale, franchise and licensing arrangements. The Company operates through two segments: Abercrombie, which includes the Company’s Abercrombie & Fitch and abercrombie kids brands, and Hollister, which includes the Company’s Hollister and Gilly Hicks brands.

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