Soars 26% on Blowout Q1 Sales and $115 Price Target
The post Soars 26% on Blowout Q1 Sales and $115 Price Target appeared on BitcoinEthereumNews.com. TLDR ANF stock jumped 26.58% to $97.66 after strong Q1 FY2025 sales. Intraday high reached $104.99 with over 5.2M shares traded. 1-year price target remains at $115.58 amid earnings momentum. ANF reported $566M net income and EPS of $10.69 over TTM. Despite 2025 dip, ANF gained 790% since Sept 2022 lows. Shares of Abercrombie & Fitch Co. (NYSE: ANF) surged 26.58% to $97.66 during early market trading on May 28, 2025, climbing $20.51 from the previous close of $77.15. The session began with a lower open at $74.50 before the stock rallied sharply to an intraday high of $104.99. Trading volume exceeded 5.2 million shares, more than double the 30-day average of 2.57 million shares. Abercrombie & Fitch Co. (NYSE: ANF) Stock Intraday market activity indicated strong investor demand, with a tight bid-ask spread of $99.25 x 800 (bid) and $99.40 x 900 (ask). The stock currently trades within a 52-week range of $65.40 to $196.99, underscoring elevated volatility over the past year. Abercrombie & Fitch holds a market capitalization of $4.805 billion, a trailing twelve-month price-to-earnings (P/E) ratio of 9.43, and earnings per share (EPS) of $10.69. Its beta of 1.47 suggests moderately higher volatility relative to the broader market. Abercrombie Reports Strong Sales, Eyes $115 Price Target Abercrombie & Fitch released its Q1 FY2025 earnings on May 28, reporting stronger-than-expected sales but a year-over-year decline in profitability. The 1-year target estimate remains at $115.58, indicating a potential upside if performance stabilizes in future quarters. Historically, Triple Net Investor identified ANF as a notable turnaround story in the apparel sector. The firm reported that the stock had appreciated nearly sevenfold since September 2022, when it traded around $15, closing at $102.46 on January 25, 2024. According to the 2024 report, ANF outperformed even high-growth stocks like Nvidia, marking a total…
The post Soars 26% on Blowout Q1 Sales and $115 Price Target appeared on BitcoinEthereumNews.com.
TLDR ANF stock jumped 26.58% to $97.66 after strong Q1 FY2025 sales. Intraday high reached $104.99 with over 5.2M shares traded. 1-year price target remains at $115.58 amid earnings momentum. ANF reported $566M net income and EPS of $10.69 over TTM. Despite 2025 dip, ANF gained 790% since Sept 2022 lows. Shares of Abercrombie & Fitch Co. (NYSE: ANF) surged 26.58% to $97.66 during early market trading on May 28, 2025, climbing $20.51 from the previous close of $77.15. The session began with a lower open at $74.50 before the stock rallied sharply to an intraday high of $104.99. Trading volume exceeded 5.2 million shares, more than double the 30-day average of 2.57 million shares. Abercrombie & Fitch Co. (NYSE: ANF) Stock Intraday market activity indicated strong investor demand, with a tight bid-ask spread of $99.25 x 800 (bid) and $99.40 x 900 (ask). The stock currently trades within a 52-week range of $65.40 to $196.99, underscoring elevated volatility over the past year. Abercrombie & Fitch holds a market capitalization of $4.805 billion, a trailing twelve-month price-to-earnings (P/E) ratio of 9.43, and earnings per share (EPS) of $10.69. Its beta of 1.47 suggests moderately higher volatility relative to the broader market. Abercrombie Reports Strong Sales, Eyes $115 Price Target Abercrombie & Fitch released its Q1 FY2025 earnings on May 28, reporting stronger-than-expected sales but a year-over-year decline in profitability. The 1-year target estimate remains at $115.58, indicating a potential upside if performance stabilizes in future quarters. Historically, Triple Net Investor identified ANF as a notable turnaround story in the apparel sector. The firm reported that the stock had appreciated nearly sevenfold since September 2022, when it traded around $15, closing at $102.46 on January 25, 2024. According to the 2024 report, ANF outperformed even high-growth stocks like Nvidia, marking a total…
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