Equities analysts expect that Abercrombie & Fitch Company (NYSE:ANF) will post earnings per share of $0.85 for the current quarter, according to Zacks. Six analysts have made estimates for Abercrombie & Fitch’s earnings. The highest EPS estimate is $0.95 and the lowest is $0.73. Abercrombie & Fitch reported earnings per share of $0.71 during the same quarter last year, which would indicate a positive year over year growth rate of 19.7%. The business is expected to announce its next quarterly earnings results on Thursday, March 1st.

According to Zacks, analysts expect that Abercrombie & Fitch will report full year earnings of $0.11 per share for the current financial year, with EPS estimates ranging from ($0.02) to $0.25. For the next financial year, analysts expect that the firm will post earnings of $0.21 per share, with EPS estimates ranging from ($0.02) to $0.40. Zacks Investment Research’s earnings per share averages are an average based on a survey of analysts that follow Abercrombie & Fitch.

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, beating the Thomson Reuters’ 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 business had revenue of $859.10 million for the quarter, compared to analyst estimates of $818.41 million. During the same quarter last year, the business earned $0.02 earnings per share. The company’s revenue for the quarter was up 4.6% compared to the same quarter last year.

Several analysts have recently issued reports on the stock. B. Riley reiterated a “neutral” rating on shares of Abercrombie & Fitch in a research report on Wednesday, November 1st. Jefferies Group raised their price target on shares of Abercrombie & Fitch from $14.00 to $17.00 and gave the stock a “hold” rating in a research note on Monday. Telsey Advisory Group raised their price target on shares of Abercrombie & Fitch from $11.00 to $12.00 and gave the stock a “market perform” rating in a research note on Friday, August 25th. Robert W. Baird set a $13.00 price target on shares of Abercrombie & Fitch and gave the stock a “hold” rating in a research note on Thursday, August 24th. Finally, Argus raised shares of Abercrombie & Fitch from a “sell” rating to a “hold” rating in a research note on Monday, October 2nd. Seven investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Hold” and an average target price of $13.13.

Shares of Abercrombie & Fitch (ANF) traded up $1.12 during midday trading on Friday, hitting $17.83. 2,898,400 shares of the stock traded hands, compared to its average volume of 3,573,904. Abercrombie & Fitch has a 1-year low of $8.81 and a 1-year high of $18.44. The firm has a market capitalization of $1,137.98, a price-to-earnings ratio of 128.54, a price-to-earnings-growth ratio of 11.10 and a beta of 0.96. The company has a current ratio of 2.08, a quick ratio of 1.07 and a debt-to-equity ratio of 0.27.

The company also recently announced a quarterly dividend, which was paid on Monday, December 11th. Shareholders of record on Friday, December 1st were paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 4.49%. The ex-dividend date was Thursday, November 30th. Abercrombie & Fitch’s dividend payout ratio (DPR) is presently -285.70%.

A number of hedge funds have recently modified their holdings of ANF. Southpoint Capital Advisors LP purchased a new position in Abercrombie & Fitch during the second quarter worth about $18,038,000. Contrarius Investment Management Ltd purchased a new position in Abercrombie & Fitch during the third quarter worth about $15,040,000. Victory Capital Management Inc. purchased a new position in Abercrombie & Fitch during the second quarter worth about $10,138,000. Balyasny Asset Management LLC purchased a new stake in shares of Abercrombie & Fitch in the 2nd quarter valued at approximately $10,120,000. Finally, Quinn Opportunity Partners LLC raised its stake in shares of Abercrombie & Fitch by 71.9% in the 2nd quarter. Quinn Opportunity Partners LLC now owns 1,624,979 shares of the apparel retailer’s stock valued at $20,215,000 after acquiring an additional 679,745 shares during the period. 99.34% of the stock is currently owned by institutional investors.

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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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Earnings History and Estimates for Abercrombie & Fitch (NYSE:ANF)

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