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Abercrombie & Fitch (ANF) Jumps: Stock Rises 12.6%

Published 01/22/2018, 08:49 PM
Updated 07/09/2023, 06:31 AM

Abercrombie & Fitch Company (NYSE:ANF) was a big mover last session, as the company saw its shares rise nearly 13% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company for the company—as the stock is now up 17.9% in the past one-month time frame.

The company has seen one negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Abercrombie & Fitch currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

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A better-ranked stock in the Retail-Wholesale sector is Shoe Carnival (LON:CCL), Inc. (NASDAQ:SCVL) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is ANF going up? Or down? Predict to see what others think: Up or Down.

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Abercrombie & Fitch Company (ANF): Free Stock Analysis Report

Shoe Carnival, Inc. (SCVL): Free Stock Analysis Report

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