Abercrombie & Fitch Company (ANF): Today's Featured Services 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 Services sector lower today making it today's featured Services laggard. The sector as a whole closed the day up 0.8%. By the end of trading, Abercrombie & Fitch Company fell $0.48 (-1.4%) to $33.17 on light volume. Throughout the day, 2,429,469 shares of Abercrombie & Fitch Company exchanged hands as compared to its average daily volume of 3,559,500 shares. The stock ranged in price between $32.93-$33.99 after having opened the day at $33.80 as compared to the previous trading day's close of $33.65. Other companies within the Services sector that declined today were: SmartPros ( SPRO), down 13.3%, J.C. Penney ( JCP), down 10.6%, Green Dot ( GDOT), down 8.2% and Gordman's Stores ( GMAN), down 7.7%.

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 $2.7 billion and is part of the retail industry. The company has a P/E ratio of 20.2, above the S&P 500 P/E ratio of 17.7. Shares are up 2.2% year to date as of the close of trading on Monday. Currently there are 10 analysts that rate Abercrombie & Fitch Company a buy, 2 analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Abercrombie & Fitch Company as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, unimpressive growth in net income and weak operating cash flow.

On the positive front, Furiex Pharmaceuticals ( FURX), up 129.9%, General Employment ( JOB), up 36.6%, Lionbridge Technologies ( LIOX), up 29.4% and Michael Kors Holdings ( KORS), up 17.3% , were all gainers within the services sector with Directv ( DTV) being today's featured services sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the services sector could consider iShares Dow Jones US Cons Services ( IYC) while those bearish on the services sector could consider ProShares Ultra Short Consumer Sers ( SCC).

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