Abercrombie & Fitch (NYSE:ANF – Get Free Report) had its target price increased by stock analysts at UBS Group from $185.00 to $200.00 in a research report issued on Wednesday, Benzinga reports. The firm currently has a “buy” rating on the apparel retailer’s stock. UBS Group‘s target price would indicate a potential upside of 31.56% from the stock’s previous close.
Several other equities analysts have also issued reports on the company. Wall Street Zen upgraded Abercrombie & Fitch from a “hold” rating to a “buy” rating in a research report on Saturday, September 12th. Citigroup lowered Abercrombie & Fitch from a “buy” rating to a “neutral” rating and increased their price objective for the company from $135.00 to $156.00 in a research note on Thursday, August 27th. Argus upgraded shares of Abercrombie & Fitch from a “hold” rating to a “buy” rating and set a $162.00 target price on the stock in a report on Monday, August 31st. JPMorgan Chase & Co. lifted their target price on shares of Abercrombie & Fitch from $110.00 to $126.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 18th. Finally, Morgan Stanley upped their price target on shares of Abercrombie & Fitch from $87.00 to $134.00 and gave the company an “equal weight” rating in a report on Thursday, August 27th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $159.71.
Check Out Our Latest Stock Analysis on ANF
Abercrombie & Fitch Trading Down 1.3%
Shares of ANF traded down $1.98 during mid-day trading on Wednesday, reaching $152.02. The company’s stock had a trading volume of 859,461 shares, compared to its average volume of 1,434,495. Abercrombie & Fitch has a 52 week low of $65.45 and a 52 week high of $172.00. The stock has a market cap of $6.45 billion, a PE ratio of 13.02, a P/E/G ratio of 1.34 and a beta of 1.01. The company’s fifty day moving average price is $147.85 and its two-hundred day moving average price is $106.90.
Abercrombie & Fitch (NYSE:ANF – Get Free Report) last issued its earnings results on Wednesday, August 26th. The apparel retailer reported $4.17 EPS for the quarter, topping analysts’ consensus estimates of $1.99 by $2.18. The company had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.25 billion. Abercrombie & Fitch had a net margin of 10.03% and a return on equity of 33.52%. The firm’s revenue was up 4.8% compared to the same quarter last year. During the same quarter last year, the company earned $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 will post 11.42 EPS for the current year.
Insider Activity at Abercrombie & Fitch
In other news, EVP Gregory J. Henchel sold 30,000 shares of the stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $146.65, for a total value of $4,399,500.00. Following the completion of the transaction, the executive vice president owned 33,681 shares of the company’s stock, valued at approximately $4,939,318.65. This represents a 47.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Kenneth B. Robinson sold 800 shares of the firm’s stock in a transaction 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 transaction, the director directly owned 7,169 shares of the company’s stock, valued at $1,073,127.61. This represents a 10.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 42,800 shares of company stock worth $6,295,392. 2.33% of the stock is currently owned by company insiders.
Institutional Trading of Abercrombie & Fitch
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Allworth Financial LP increased its position in Abercrombie & Fitch by 8.2% during the 3rd quarter. Allworth Financial LP now owns 932 shares of the apparel retailer’s stock valued at $126,000 after buying an additional 71 shares in the last quarter. Silver Grove Financial Group Inc. boosted its stake in Abercrombie & Fitch by 160.7% in the 3rd quarter. Silver Grove Financial Group Inc. now owns 219 shares of the apparel retailer’s stock worth $29,000 after purchasing an additional 135 shares in the last quarter. Versant Capital Management Inc boosted its stake in Abercrombie & Fitch by 29.8% in the 2nd quarter. Versant Capital Management Inc now owns 610 shares of the apparel retailer’s stock worth $55,000 after purchasing an additional 140 shares in the last quarter. Bessemer Group Inc. grew its position in Abercrombie & Fitch by 53.3% during the 3rd quarter. Bessemer Group Inc. now owns 535 shares of the apparel retailer’s stock valued at $71,000 after purchasing an additional 186 shares during the last quarter. Finally, Signaturefd LLC increased its stake in Abercrombie & Fitch by 18.5% during the 3rd quarter. Signaturefd LLC now owns 1,447 shares of the apparel retailer’s stock valued at $195,000 after purchasing an additional 226 shares in the last quarter.
Abercrombie & Fitch Company Profile
Abercrombie & Fitch Co. is a global specialty retailer of apparel and accessories. Its portfolio includes Abercrombie & Fitch, abercrombie kids, Hollister and Gilly Hicks, with products for women, men and children that include clothing, footwear, accessories and personal-care items. The company sells through retail stores and digital channels, serving customers in North America and international markets. It traces its origins to 1892, when David T. Abercrombie founded an outfitting business in New York; Ezra Fitch joined the company in 1900.
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