Abercrombie & Fitch (NYSE:ANF – Get Free Report) had its price objective upped by equities research analysts at JPMorgan Chase & Co. from $107.00 to $110.00 in a report released on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the apparel retailer’s stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 33.94% from the stock’s current price.
A number of other research analysts also recently issued reports on ANF. Barclays reaffirmed an “underweight” rating on shares of Abercrombie & Fitch in a research report on Thursday. Wall Street Zen downgraded Abercrombie & Fitch from a “buy” rating to a “hold” rating in a research note on Sunday, March 8th. UBS Group set a $136.00 target price on Abercrombie & Fitch in a research note on Thursday. Raymond James Financial set a $92.00 target price on Abercrombie & Fitch in a research note on Thursday, May 21st. Finally, Jefferies Financial Group dropped their target price on Abercrombie & Fitch from $135.00 to $130.00 and set a “buy” rating on the stock in a research note on Wednesday, March 4th. Eight investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Abercrombie & Fitch currently has an average rating of “Moderate Buy” and a consensus target price of $114.18.
Read Our Latest Analysis on Abercrombie & Fitch
Abercrombie & Fitch Stock Up 0.9%
Abercrombie & Fitch (NYSE:ANF – Get Free Report) last issued its quarterly earnings data on Wednesday, May 27th. The apparel retailer reported $1.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.26 by $0.21. Abercrombie & Fitch had a net margin of 9.63% and a return on equity of 36.36%. The firm had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.12 billion. During the same quarter in the previous year, the firm earned $1.59 EPS. The company’s quarterly revenue was up 1.5% compared to the same quarter last year. Abercrombie & Fitch has set its Q2 2026 guidance at 1.800-2.000 EPS and its FY 2026 guidance at 10.200-11.000 EPS. On average, analysts forecast that Abercrombie & Fitch will post 10.63 earnings per share for the current fiscal year.
Institutional Trading of Abercrombie & Fitch
Several large investors have recently bought and sold shares of ANF. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Abercrombie & Fitch by 3.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,517 shares of the apparel retailer’s stock worth $2,254,000 after purchasing an additional 892 shares during the last quarter. Jones Financial Companies Lllp grew its position in Abercrombie & Fitch by 521.1% during the 1st quarter. Jones Financial Companies Lllp now owns 1,000 shares of the apparel retailer’s stock worth $76,000 after purchasing an additional 839 shares during the last quarter. United Services Automobile Association purchased a new stake in Abercrombie & Fitch during the 1st quarter worth approximately $261,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Abercrombie & Fitch by 8.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 127,389 shares of the apparel retailer’s stock worth $9,729,000 after purchasing an additional 10,459 shares during the last quarter. Finally, Sivia Capital Partners LLC purchased a new stake in Abercrombie & Fitch during the 2nd quarter worth approximately $348,000.
More Abercrombie & Fitch News
Here are the key news stories impacting Abercrombie & Fitch this week:
- Positive Sentiment: Abercrombie & Fitch delivered Q1 earnings of $1.47 per share, above estimates, and posted record quarterly net sales of $1.11 billion, marking its 14th straight quarter of sales growth.
- Positive Sentiment: The company returned capital by repurchasing $105 million of stock in the quarter and still has substantial buyback authorization remaining, which can support EPS growth.
- Positive Sentiment: Management reaffirmed full-year guidance for 3% to 5% net sales growth and $10.20 to $11.00 in EPS, signaling confidence in the rest of the year.
- Neutral Sentiment: APAC sales were strong, up 24%, while the Americas grew 3%, but EMEA sales fell 10% as Middle East conflict weighed on demand, especially at Hollister.
- Neutral Sentiment: Comparable sales declined 1% and operating margin slipped to 8.0% from 9.3% a year ago, suggesting costs and demand remain pressure points despite the earnings beat.
- Negative Sentiment: Telsey Advisory Group lowered its price target on ANF from $125 to $115, which may temper some of the post-earnings enthusiasm even though the firm kept an outperform rating.
About Abercrombie & Fitch
Abercrombie & Fitch Co (NYSE: ANF) is an American specialty retailer that designs, markets and sells casual apparel and accessories for men, women and children. Founded in 1892 by David T. Abercrombie and Ezra Fitch, the company evolved from an outdoor gear outfitter to a global lifestyle brand renowned for its relaxed, preppy aesthetic. Its product assortment includes tops, bottoms, outerwear, intimates, swimwear, fragrances and personal care items.
The company operates under multiple brand names, including Abercrombie & Fitch, Abercrombie Kids, Hollister and Gilly Hicks, each targeting distinct consumer segments from teens to young adults.
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