Abercrombie & Fitch Company (ANF): Today's Featured Retail Laggard

Abercrombie & Fitch Company was a leading decliner within the retail industry, falling $0.98 (-1.9%) to $50.48 on average volume
By TheStreet Wire ,

Abercrombie & Fitch Company

(

ANF

) pushed the Retail industry lower today making it today's featured Retail laggard. The industry as a whole closed the day up 1.1%. By the end of trading, Abercrombie & Fitch Company fell $0.98 (-1.9%) to $50.48 on average volume. Throughout the day, 1,803,650 shares of Abercrombie & Fitch Company exchanged hands as compared to its average daily volume of 1,838,200 shares. The stock ranged in price between $50.00-$52.38 after having opened the day at $51.99 as compared to the previous trading day's close of $51.46. Other companies within the Retail industry that declined today were:

RadioShack

(

RSH

), down 7.1%,

Restoration Hardware Holdings

(

RH

), down 5.2%,

Pacific Sunwear

(

PSUN

), down 2.8% and

Fairway Group Holdings Corp Class A

(

FWM

), down 2.7%.

Abercrombie & Fitch Co., through its subsidiaries, operates as a specialty retailer of casual apparel for men, women, and kids. It operates through three segments: U.S. Stores, International Stores, and Direct-to-Consumer. Abercrombie & Fitch Company has a market cap of $4.0 billion and is part of the services sector. Shares are up 7.3% year to date as of the close of trading on Wednesday. Currently there are 15 analysts that rate Abercrombie & Fitch Company a buy, 1 analyst rates it a sell, and 8 rate it a hold.

TheStreet Ratings rates

Abercrombie & Fitch Company

as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front,

Builders FirstSource

(

BLDR

), up 9.4%,

Stein Mart

(

SMRT

), up 8.9%,

E-Commerce China Dangdang

(

DANG

), up 6.5% and

Destination Maternity

(

DEST

), up 4.5% , were all gainers within the retail industry with

Wal-Mart Stores

(

WMT

) being today's featured retail industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the retail industry could consider

SPDR S&P Retail ETF

(

XRT

) while those bearish on the retail industry could consider

ProShares Ultra Sht Consumer Goods

(

SZK

).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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