Abercrombie & Fitch Company (NYSE:ANF – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Monday. The company traded as high as $167.99 and last traded at $166.8440, with a volume of 64,853 shares. The stock had previously closed at $164.44.
Analyst Upgrades and Downgrades
Several equities analysts have recently weighed in on the stock. Barclays raised their price target on shares of Abercrombie & Fitch from $114.00 to $155.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 27th. Weiss Ratings raised shares of Abercrombie & Fitch from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, October 16th. Needham & Company LLC increased their price objective on shares of Abercrombie & Fitch from $108.00 to $165.00 and gave the company a “buy” rating in a report on Wednesday, August 26th. Raymond James Financial lowered shares of Abercrombie & Fitch from an “outperform” rating to a “market perform” rating in a research note on Tuesday, August 18th. Finally, UBS Group boosted their target price on Abercrombie & Fitch from $153.00 to $185.00 and gave the stock a “buy” rating in a report on Thursday, August 27th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $157.21.
View Our Latest Research Report on Abercrombie & Fitch
Abercrombie & Fitch Price Performance
The company has a market cap of $6.70 billion, a price-to-earnings ratio of 13.51, a PEG ratio of 1.44 and a beta of 1.01. The firm has a 50 day simple moving average of $146.05 and a 200-day simple moving average of $105.52.
Abercrombie & Fitch (NYSE:ANF – Get Free Report) last announced its quarterly earnings results on Wednesday, August 26th. The apparel retailer reported $4.17 EPS for the quarter, beating the consensus estimate of $1.99 by $2.18. The business had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.25 billion. Abercrombie & Fitch had a return on equity of 33.52% and a net margin of 10.03%. The company’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.91 EPS. Abercrombie & Fitch has set its Q3 2026 guidance at 2.900-3.200 EPS and its FY 2026 guidance at 13.100-13.600 EPS. Research analysts anticipate that Abercrombie & Fitch Company will post 11.42 EPS for the current fiscal year.
Insider Activity at Abercrombie & Fitch
In other news, Director Kenneth B. Robinson sold 800 shares of the business’s stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $149.69, for a total value of $119,752.00. Following the sale, the director directly owned 7,169 shares of the company’s stock, valued at approximately $1,073,127.61. The trade was a 10.04% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Scott D. Lipesky sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $115.00, for a total transaction of $1,150,000.00. Following the completion of the transaction, the chief operating officer owned 152,534 shares in the company, valued at approximately $17,541,410. This represents a 6.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 52,800 shares of company stock worth $7,445,392. 2.33% of the stock is owned by corporate insiders.
Institutional Trading of Abercrombie & Fitch
Institutional investors have recently added to or reduced their stakes in the stock. Timbuktu Capital Management LLC purchased a new position in shares of Abercrombie & Fitch during the second quarter worth $29,000. CoreCap Advisors LLC raised its holdings in shares of Abercrombie & Fitch by 304.2% in the 3rd quarter. CoreCap Advisors LLC now owns 384 shares of the apparel retailer’s stock valued at $52,000 after buying an additional 289 shares during the period. Versant Capital Management Inc lifted its stake in Abercrombie & Fitch by 29.8% during the 2nd quarter. Versant Capital Management Inc now owns 610 shares of the apparel retailer’s stock worth $55,000 after acquiring an additional 140 shares in the last quarter. Parallel Advisors LLC lifted its stake in Abercrombie & Fitch by 46.7% during the 1st quarter. Parallel Advisors LLC now owns 788 shares of the apparel retailer’s stock worth $72,000 after acquiring an additional 251 shares in the last quarter. Finally, Root Financial Partners LLC purchased a new position in Abercrombie & Fitch during the 3rd quarter valued at about $72,000.
About Abercrombie & Fitch
Abercrombie & Fitch Co is a global specialty retailer that sells apparel, accessories and personal-care products through stores and digital channels. Its portfolio includes Abercrombie & Fitch, abercrombie kids, Hollister and Gilly Hicks, with products designed for consumers across a range of life stages and lifestyles.
The company’s offerings include casual clothing, denim, dresses, tops, outerwear, intimates, activewear, swimwear, footwear, accessories and fragrances. Abercrombie & Fitch serves customers through company-operated and franchise stores, as well as branded websites and other digital platforms, in the United States and selected international markets.
Founded in 1892 as an outdoor and sporting-goods retailer, the company later developed into a fashion retailer focused on casual apparel.
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