Why Abercrombie & Fitch Co’s (ANF) Stock Is Up 5.24% (2024)

Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Abercrombie & Fitch Co before investing.

In this article, we go over a few key elements for understanding Abercrombie & Fitch Co’s stock price such as:

Before we jump into Abercrombie & Fitch Co’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Abercrombie & Fitch Co., through its subsidiaries, is a global, digitally led omnichannel retailer. The Company offers a range of assortment of apparel, personal care products and accessories for men, women, and kids, which are sold primarily through its Company-owned stores and digital channels, as well as through various third-party arrangements. The Company’s brands include Abercrombie brands, which includes Abercrombie & Fitch and abercrombie kids, and Hollister brands, which includes Hollister and Gilly Hicks. Its geographic segments include Americas, EMEA, and APAC. The Americas segment includes operations in North America and South America. The EMEA segment includes operations in Europe, the Middle East and Africa. The APAC segment includes operations in the Asia-Pacific region, including Asia and Oceania. The Company operates 40 international franchise stores across the Company’s brands primarily located within the Americas and EMEA region.

Want to learn more about Abercrombie & Fitch Co’s stock? Click the button below to subscribe to A+ Investor and get access to everything you need to know about Abercrombie & Fitch Co.

As of August 12, 2024, 4:00 PM, CST, Abercrombie & Fitch Co’s stock price was $154.57.

Abercrombie & Fitch Co is up 5.24% from its previous closing price of $146.88.

During the last market session, Abercrombie & Fitch Co’s stock traded between $139.30 and $150.25. Currently, there are 50.89 million shares of Abercrombie & Fitch Co stock available for purchase.

Abercrombie & Fitch Co’s price-earnings (P/E) ratio is currently at 18.4, which is high compared to the Retailers - Apparel & Accessories industry median of 13. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Abercrombie & Fitch Co’s (ANF) price is currently up 4.81% so far this month.

During the month of August, Abercrombie & Fitch Co’s stock price has reached a high of $155.13 and a low of $121.41.

Over the last year, Abercrombie & Fitch Co has hit prices as high as $196.99 and as low as $39.30. Year to date, Abercrombie & Fitch Co’s stock is up 574.68%.

Sign Up to Receive a Free Special Report Showing How A+ Grades Can Help You Make Smarter Investment Decisions

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of August 09, 2024, there were 0 analysts who downgraded Abercrombie & Fitch Co’s stock and 3 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Abercrombie & Fitch Co’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Abercrombie & Fitch Co’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Abercrombie & Fitch Co’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Abercrombie & Fitch Co (ANF) by visiting AAII Stock Evaluator.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of August 09, 2024, Abercrombie & Fitch Co has a weighted four-quarter relative price strength of 29.60%, which translates to a Momentum Score of 96 and is considered to be Very Strong.

Want to learn more about how Abercrombie & Fitch Co is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

As of August 12, 2024, Abercrombie & Fitch Co’s stock price is $154.57, which is up 5.24% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Abercrombie & Fitch Co stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.