Zacks Research Analysts Increase Earnings Estimates for ANF

Abercrombie & Fitch Co. (NYSE:ANF) – Analysts at Zacks Research upped their FY2026 earnings estimates for shares of Abercrombie & Fitch in a note issued to investors on Tuesday, December 10th. Zacks Research analyst R. Lohia now expects that the apparel retailer will earn $10.93 per share for the year, up from their previous estimate of $10.17. The consensus estimate for Abercrombie & Fitch’s current full-year earnings is $10.61 per share. Zacks Research also issued estimates for Abercrombie & Fitch’s Q3 2027 earnings at $2.71 EPS and FY2027 earnings at $11.30 EPS.

Abercrombie & Fitch (NYSE:ANF) last released its earnings results on Tuesday, November 26th. The apparel retailer reported $2.50 EPS for the quarter, topping analysts’ consensus estimates of $2.32 by $0.18. Abercrombie & Fitch had a net margin of 11.16% and a return on equity of 46.50%. The business had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same period in the previous year, the firm earned $1.83 EPS. The business’s revenue for the quarter was up 14.4% on a year-over-year basis.

Other equities research analysts also recently issued research reports about the stock. Citigroup upgraded shares of Abercrombie & Fitch from a “neutral” rating to a “buy” rating and set a $190.00 price target on the stock in a research note on Friday, August 30th. JPMorgan Chase & Co. boosted their price objective on shares of Abercrombie & Fitch from $194.00 to $195.00 and gave the stock an “overweight” rating in a research report on Friday, October 4th. Raymond James started coverage on shares of Abercrombie & Fitch in a report on Friday, December 6th. They set an “outperform” rating and a $180.00 target price for the company. Morgan Stanley upped their price target on Abercrombie & Fitch from $147.00 to $149.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 27th. Finally, Jefferies Financial Group lifted their price target on shares of Abercrombie & Fitch from $215.00 to $220.00 and gave the stock a “buy” rating in a research report on Wednesday, September 4th. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $178.38.

Abercrombie & Fitch Stock Performance

Shares of ANF stock opened at $142.59 on Friday. Abercrombie & Fitch has a twelve month low of $82.60 and a twelve month high of $196.99. The stock’s 50 day simple moving average is $145.54 and its 200 day simple moving average is $153.94. The company has a market capitalization of $7.18 billion, a price-to-earnings ratio of 14.10 and a beta of 1.52.

Insider Buying and Selling at Abercrombie & Fitch

In other news, Director Suzanne M. Coulter sold 2,870 shares of the stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $160.00, for a total value of $459,200.00. Following the completion of the transaction, the director now directly owns 6,405 shares in the company, valued at approximately $1,024,800. This represents a 30.94 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Samir Desai sold 5,926 shares of the company’s stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $148.51, for a total value of $880,070.26. Following the completion of the transaction, the executive vice president now directly owns 22,059 shares of the company’s stock, valued at $3,275,982.09. This represents a 21.18 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 17,401 shares of company stock valued at $2,631,741 in the last ninety days. 2.58% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Geode Capital Management LLC lifted its position in Abercrombie & Fitch by 5.5% in the 3rd quarter. Geode Capital Management LLC now owns 1,221,890 shares of the apparel retailer’s stock valued at $171,815,000 after acquiring an additional 63,157 shares in the last quarter. Wellington Management Group LLP boosted its position in Abercrombie & Fitch by 25.2% in the third quarter. Wellington Management Group LLP now owns 1,017,720 shares of the apparel retailer’s stock worth $142,379,000 after purchasing an additional 204,901 shares during the last quarter. Marshall Wace LLP increased its position in shares of Abercrombie & Fitch by 16.0% during the 2nd quarter. Marshall Wace LLP now owns 873,148 shares of the apparel retailer’s stock valued at $155,281,000 after purchasing an additional 120,509 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Abercrombie & Fitch by 7.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 870,143 shares of the apparel retailer’s stock worth $121,733,000 after purchasing an additional 60,022 shares during the period. Finally, Renaissance Technologies LLC raised its position in Abercrombie & Fitch by 146.3% in the second quarter. Renaissance Technologies LLC now owns 863,100 shares of the apparel retailer’s stock worth $153,494,000 after acquiring an additional 512,700 shares during the period.

About Abercrombie & Fitch

Abercrombie & Fitch Co, through its subsidiaries, operates as an omnichannel retailer in the United States, Europe, the Middle East, Asia, the Asia-Pacific, Canada, and internationally. The company offers an assortment of apparel, personal care products, and accessories for men, women, and kids under the Abercrombie & Fitch, abercrombie kids, Hollister, and Gilly Hicks brands.