American Invest Hub
  • Politics
  • Investing
  • Business
  • Latest News

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
Investing

ANF stock analysis: Wyckoff suggests Abercrombie may crash 52%

by admin February 28, 2025
February 28, 2025
ANF stock analysis: Wyckoff suggests Abercrombie may crash 52%

Abercrombie & Fitch (ANF) stock has plunged this year, erasing some of the gains made in 2023 and 2024, when it emerged as the best-performing retail stock. ANF has plunged to a low of $100, its lowest level since January 29. So, is the ANF stock a good buy ahead of its earnings report?

Abercrombie & Fitch growth has eased

ANF has been one of the top performing companies in the retail industry in the past few years, a move that investors attribute to the management’s turnaround efforts.

Abercrombie & Fitch’s revenues have grown from $3.12 billion in 2021 to over $4.2 billion in 2023. The trailing twelve month (TTM) revenue jumped to over $4.8 billion, as many young people switched to its business.

The company has also become highly profitable as its annual net profit jumped to $328 million in 2023 and $537 million in the trailing twelve months. 

This growth helped to supercharge its business and its stock price, which jumped from $13.6 in 2023 to nearly $200 in May last year. 

There are concerns that its business trajectory may be slowing. The most recent financial results showed that Abercrombie & Fitch’s revenue rose by 14% to $1.2 billion, helped by its core A&F and Hollister brands, which are having similar growth patterns.

Its Americas net sales rose by 14% to $986 million, while the EMEA division grew by 15% to $182 million and the smaller APAC region grew by 32% to $41 million.

The main concern is that Abercrombie & Fitch may be peaking. Analyst expect that its annual revenue in 2024 was $4.93 billion, a 15% annual increase, followed by $5.28 billion in 2025. That will translate to a slowdown from 15% to 7%. 

ANF earnings ahead

The next important catalyst for the ANF stock price will be its financial results, which will come out on March 5. 

These results will provide more color about its business and whether it continued to attract more customers during the quarter.

The average estimate is that Abercrombie & Fitch revenue will be $1.57 billion, a 7.9% increase from the same period a year earlier. The forward guidance, which is what most analysts focuses on, is expected to be $1.08 billion, a 6.2% annual growth rate. 

ANF’s earnings per share are expected to come in at $3.56, higher than the $2.97 it made a year earlier. This will lead to an annual EPS of $10.68. Odds are that the company’s earnings per share will be better-than-expected as it has done in the past few quarters. 

Analysts are generally upbeat about the ANF stock price, with the average estimate being $177, higher than the current $101.4. 

Read more: Abercrombie & Fitch stock: the moment of clarity nears

ANF stock price analysis

ANF stock chart | Source: TradingView

The best way to explain the ongoing Abercrombie & Fitch stock price action is known as the Wyckoff Theory. As shown above, the stock remains in a tight range for years. This range-bound price action is part of the accumulation phase of this theory.

ANF stock price then entered the markup phase and surged from $13 in 2023 to near $200. The markup phase is characterized by higher demand and the fear of missing out, commonly known as FOMO.

It has remained in the distribution phase since May 2024 when it surged to a record high. This phase is characterized by an intense battle between bulls and bears in the market.

Abercrombie & Fitch stock has now crashed below the support at $121.70, its lowest level on August 5 and $108.70, its lowest swing in April. 

Most importantly, it has moved slightly below the 50% Fibonacci Retracement point at $100, a move that will trigger panic selling among investors. Therefore, the ANF share price will crash to $80, its 61.8% retracement point. This view is about 21% below the current level, followed by $47.75, down by 52% from the current point. 

The post ANF stock analysis: Wyckoff suggests Abercrombie may crash 52% appeared first on Invezz

0
FacebookTwitterGoogle +Pinterest
previous post
Opera stock price analysis: more upside, but a risky pattern forms
next post
Here’s why Jasmy, Solana, Shiba Inu, Pepe and altcoin prices crashed

Related Posts

Peter Krauth: Silver Industry at Inflection Point as...

February 9, 2024

BT Group share price hits key level: can...

March 19, 2025

Here are the best performing dividend aristocrats stocks...

February 6, 2025

GBP/USD analysis: Here’s why the pound could crash...

January 15, 2025

Velox Announces ASX Dual Listing, Gets Vanadium Project...

August 7, 2024

4 reasons Alibaba stock price is surging this...

March 15, 2025

Chariot and Mustang Lithium LLC Repossess Horizon and...

August 30, 2024

Significant Increase in Prospective Resources Updated

February 22, 2024

Hubspot stock price slowly forms a bullish pattern:...

December 22, 2024

Crypto price predictions: Jupiter, Helium, Berachain, Pi Network

February 14, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest News

    • Zinc prices rally on US rate cut hopes, despite supply oversupply

      August 27, 2025
    • Mitsubishi exits Japanese offshore wind projects citing soaring costs

      August 27, 2025
    • FBI raid on John Bolton’s home in Washington linked to classified documents

      August 25, 2025
    • Argentine senate deals blow to Milei’s austerity agenda with university budget boost

      August 25, 2025
    • Jackson Hole Symposium: what Powell said about economic effects of Trump’s tariffs

      August 25, 2025

    Categories

    • Business (3,773)
    • Investing (2,787)
    • Latest News (2,050)
    • Politics (1,530)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: americaninvesthub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 americaninvesthub.com | All Rights Reserved