Abercrombie & Fitch Company (ANF) PT Lowered to $14.00 at Cowen and Company

Posted March 04, 2017

Hollister, which makes up about 57 percent of Abercrombie's net sales, reported a surprise 1 percent rise in comparable sales, compared with the 0.7 percent decline analysts polled by research firm Consensus Metrix had expected. FBR & Co's price target points to a potential upside of 10.08% from the company's current price. Argus Research Downgrades the company's stock to Sell on 12/09/16 with no specific Price Target.

On 11/20/2015 Abercrombie & Fitch Company announced a quarterly dividend of $0.20 with an ex dividend date of 11/27/2015 which will be payable on 12/9/2015. (NYSE:ANF) to Sell with no specific Price Target. Abercrombie & Fitch Company now has a consensus rating of Hold and a consensus price target of $17.96. The company reached a 52-week low at 10.91 on Jan 31, 2017. (NYSE:ANF) where 1 analyst have rated the stock as Strong Buy, 1 analysts said it's a Buy, 15 rated the stock as Hold, 5 analysts reported Underperform and 2 analysts gave their recommendations as Sell. This recommendation lands on a scale between 1 and 5. In any case, it will continue to work on a new brand image, like when it launched a new Abercrombie & Fitch formula in several stores across the United States last month.

Relative strength index (RSI-14) for Abercrombie & Fitch Co. (NYSE:ANF) upped the target price from $0.00 to $13.10 that suggested an upside of 0.09%. Baird trimmed its F2017 EPS estimate to ($0.13), implying EBITDA near $205M (+LSD%). The price-to-book ratio (P/B Ratio) is a ratio used to compare a stock's market value to its book value.

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Costamare Inc. (NYSE:CMRE) [Trend Analysis], stock slightly down around -0.32% in early session as its gaining volume of 1.94 Million. Exane Derivatives now owns 195,708 shares of the apparel retailer's stock valued at $3,110,000 after buying an additional 194,853 shares during the period. The stock is now trading with a distance of 20-Day Simple Moving Average (SMA20) of -2.36%. On technical aspect, moving averages may help to distinguish path of dispositions, and they may also be used to set degrees of support and resistance. Net profit margin of the company was recorded at 0.4 percent, operating profit margin was 2.2 percent, whereas gross profit margin stands at 61.4 percent. The stock now shows its YTD (Year to Date) performance of -2.58 percent while its Weekly performance value is -2.99%.

Looking ahead to the full year, there is an extremely wide range of earnings expectations between the 22 analysts now covering Abercrombie stock. Abercrombie & Fitch Company's dividend payout ratio (DPR) is presently 421.05%. Shares trade at just ~3.1x the firm's reduced F2017 EBITDA estimate (~6.0% dividend yield) but Baird sees risk to estimates unless the A&F brand begins to regain some traction soon (2H-weighted guidance), yielding balanced risk/reward. Price per earning (ttm) stands at 71.62.

According to Finviz reported data, The SMA20 of the stock is at -2.36%, SMA50 is -3.11 percent, while SMA200 is -28.56%.