From Nasdaq: 2024-11-15 17:45:04

Abercrombie & Fitch (ANF) closed at $144.64, up 0.03% from the prior day, outperforming the S&P 500. The company’s upcoming earnings report on November 26, 2024, projects earnings of $2.32 per share and revenue of $1.18 billion, showing growth from last year. Analysts’ estimate revisions indicate a favorable outlook, with ANF currently holding a Zacks Rank of #2 (Buy).

The Retail – Apparel and Shoes industry has a Zacks Industry Rank of 80, placing it in the top 32% of all industries. Abercrombie & Fitch’s Forward P/E ratio is 14.03, lower than the industry average of 14.75. The solar industry is expected to boom as companies shift to clean energy for the AI boom, offering significant investment opportunities.

Trillions will be invested in clean energy, with solar expected to account for 80% of renewable energy expansion. To capitalize on this trend, investors should consider investing in solar stocks. Discover Zacks’ top solar stock recommendation for free and download the report on 5 Stocks Set to Double for the latest investment insights.



Read more at Nasdaq: Abercrombie & Fitch (ANF) Increases Despite Market Slip: Here’s What You Need to Know