Abercrombie & Fitch Company (NYSE:ANF) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Abercrombie & Fitch Company (NYSE:ANFGet Free Report) have been given an average recommendation of “Moderate Buy” by the thirteen analysts that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and eight have given a buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $112.6364.

Several research analysts have weighed in on the stock. Raymond James Financial set a $92.00 price objective on shares of Abercrombie & Fitch in a report on Thursday, May 21st. Wall Street Zen downgraded shares of Abercrombie & Fitch from a “buy” rating to a “hold” rating in a report on Sunday, March 8th. JPMorgan Chase & Co. upped their price objective on shares of Abercrombie & Fitch from $107.00 to $110.00 and gave the stock a “neutral” rating in a report on Thursday, May 28th. Barclays upped their price objective on shares of Abercrombie & Fitch from $76.00 to $78.00 and gave the stock an “underweight” rating in a report on Thursday, May 28th. Finally, Telsey Advisory Group lowered their price objective on shares of Abercrombie & Fitch from $125.00 to $115.00 and set an “outperform” rating on the stock in a report on Thursday, May 28th.

Read Our Latest Report on ANF

Abercrombie & Fitch Trading Up 0.1%

ANF opened at $76.47 on Friday. The company’s fifty day moving average price is $84.97 and its two-hundred day moving average price is $94.72. Abercrombie & Fitch has a 1-year low of $65.45 and a 1-year high of $133.11. The company has a market cap of $3.42 billion, a price-to-earnings ratio of 7.34 and a beta of 0.92.

Abercrombie & Fitch (NYSE:ANFGet Free Report) last released its quarterly earnings data on Wednesday, May 27th. The apparel retailer reported $1.47 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.21. Abercrombie & Fitch had a net margin of 9.34% and a return on equity of 34.36%. 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 prior year, the company posted $1.59 earnings per share. The business’s revenue was up 1.5% on a year-over-year basis. 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. As a group, equities analysts forecast that Abercrombie & Fitch will post 10.61 earnings per share for the current fiscal year.

Institutional Trading of Abercrombie & Fitch

Several institutional investors and hedge funds have recently made changes to their positions in ANF. Bbfit Investments PTE Ltd. purchased a new stake in shares of Abercrombie & Fitch in the fourth quarter valued at about $205,539,000. Wellington Management Group LLP raised its holdings in shares of Abercrombie & Fitch by 5,749.6% in the third quarter. Wellington Management Group LLP now owns 1,194,013 shares of the apparel retailer’s stock valued at $102,148,000 after purchasing an additional 1,173,601 shares during the last quarter. AQR Capital Management LLC raised its holdings in shares of Abercrombie & Fitch by 56.0% in the fourth quarter. AQR Capital Management LLC now owns 2,504,240 shares of the apparel retailer’s stock valued at $315,209,000 after purchasing an additional 898,884 shares during the last quarter. Norges Bank purchased a new stake in shares of Abercrombie & Fitch in the fourth quarter valued at about $98,961,000. Finally, M&T Bank Corp purchased a new stake in shares of Abercrombie & Fitch in the fourth quarter valued at about $86,383,000.

Abercrombie & Fitch Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Abercrombie & Fitch (NYSE:ANF)

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