Equity analyst Wunderlich downgraded the stock and lowered the price target on May 11, raised the price target from $ 30.00 to $ 12.00 and changed the rating from “hold” to “sell”. May 11, Wunderlich announced the stock rating from “Hold” down to the current target price of $ 12.00.
The company closed at $ 9.71 yesterday. Abercrombie & Fitch announced the dividend paid on Monday, June 12, 2017. The dividend for the quarter was $ 0.200 per share and was $ 0.80 per annum. The dividend is valued at $ 8.15 and the dividend is the percentage of the current share price. The ex-dividend date is Wednesday, May 31, 2017.
Its trading price of 9.36 US dollars, significantly lower than the 50-day moving average of 10.37 US dollars, equivalent to 200 daily moving average of 11.67 US dollars. 50 day moving average fell -1.04 US dollars or -10.030%, an average of 200 fell to -20.113%.
Abercrombie & Fitch Co. was launched on June 26, 1996 and is a professional retailer that sells its products primarily through stores and directly to the consumer’s business as well as through various wholesale, franchise and licensing arrangements. The company is divided into two major parts: Abercrombie, which includes the business unit Abercrombie & Fitch and sister brands, as well as Hollister, which includes the business unit Hollister and Gilly Hicks brand. The company offers a range of apparel products including sweaters, woven shirts, graphic t-shirts, wool, sweaters, jeans, woven pants, shorts, jackets, dresses, intimate and swimwear, as well as men’s and women’s personal care products and accessories and Abercrombie & Fitch Under the children, Hollister and Gilly Hicks brand.
As of the latest earnings report, earnings per share of -0.27 US dollars, is expected this year will be -0.30 US dollars, there are still 68,016,000 shares. Analysts expect earnings per share for the next quarter to be $ 0.15, and next year’s earnings per share is expected to be $ 0.14.