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

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

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 0.6%. By the end of trading, Abercrombie & Fitch Company fell $0.54 (-1.5%) to $36.51 on average volume. Throughout the day, 2,990,160 shares of Abercrombie & Fitch Company exchanged hands as compared to its average daily volume of 2,256,600 shares. The stock ranged in price between $36.28-$37.73 after having opened the day at $37.03 as compared to the previous trading day's close of $37.05. Other companies within the Retail industry that declined today were: China Jo-Jo Drugstores ( CJJD), down 6.4%, BioScrip ( BIOS), down 4.5%, Jones Group ( JNY), down 3.7% and Body Central ( BODY), down 2.6%.

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 $2.9 billion and is part of the services sector. Shares are down 21.6% year to date as of the close of trading on Wednesday. Currently there are 12 analysts that rate Abercrombie & Fitch Company a buy, 1 analyst rates it a sell, and 12 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 reasonable valuation levels, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, U.S. Auto Parts Network ( PRTS), up 9.4%, E-Commerce China Dangdang ( DANG), up 8.1%, Stein Mart ( SMRT), up 5.4% and Tile Shop Holdings ( TTS), up 4.5% , were all gainers within the retail industry with Amazon.com ( AMZN) 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.
null

If you liked this article you might like

Let's Get Real About Abercrombie & Fitch

Amazon Can't Even Be Stopped By a Massive Hurricane

Play Defense, Play the Dollar: Cramer's 'Mad Money' Recap (Tuesday 8/29/17)

Jackson Hole and a Solar Eclipse -- Week in Review