Abercrombie's most recent trend suggests a bullish bias. One trading opportunity on Abercrombie is a Bull Put Spread using a strike $27.00 short put and a strike $22.00 long put offers a potential 19.33% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $27.00 by expiration. The full premium credit of $0.81 would be kept by the premium seller. The risk of $4.19 would be incurred if the stock dropped below the $22.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Abercrombie is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Abercrombie is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Abercrombie
Why Bed Bath & Beyond's Margins Could be Strained in FY18
Wed, 18 Apr 2018 14:41:02 +0000
Bed Bath & Beyond (BBBY) has a seven-quarter long trend of strained margins, which is expected to persist in the forthcoming quarters.
Analysts’ Views on Apparel Retailers
Mon, 16 Apr 2018 14:31:09 +0000
Of the 15 analysts covering Abercrombie & Fitch (ANF) on April 11, 2018, 47% recommended “hold,” 20% recommended “buy,” and 33% recommended “sell.” There have been no price revisions in the last 30 days. Analysts’ 12-month average target price for Abercrombie & Fitch stock is $22, suggesting a 21.7% downside based on its April 11 price.
Comparing Apparel Retailers’ Valuation
Mon, 16 Apr 2018 13:01:18 +0000
As of April 11, 2018, apparel retailer Abercrombie & Fitch (ANF) had a 12-month forward PE (price-to-earnings) ratio of ~36.0x, much higher than peers’ and the S&P 500’s. American Eagle Outfitters (AEO), Urban Outfitters (URBN), and Gap (GPS) had ratios of 14.8x, 17.0x, and 11.6x, respectively, while the S&P 500’s ratio was 16.9x.
What’s Ailing Apparel Retailers’ Margins?
Mon, 16 Apr 2018 11:31:29 +0000
Apparel retailers’ margins remain troubled due to a highly promotional environment. Let’s study apparel retailers’ performance last year.
3 Apparel Retailers With Hidden Growth Brands
Sun, 15 Apr 2018 13:42:00 +0000
Aerie, Hollister, and Athleta are all outperforming for otherwise struggling retailers.
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