Zacks Research Has Pessimistic Outlook of ANF Q1 Earnings

Abercrombie & Fitch Co. (NYSE:ANF) – Equities researchers at Zacks Research decreased their Q1 2026 earnings per share estimates for shares of Abercrombie & Fitch in a report released on Wednesday, March 12th. Zacks Research analyst R. Lohia now expects that the apparel retailer will earn $1.45 per share for the quarter, down from their previous forecast of $1.90. The consensus estimate for Abercrombie & Fitch’s current full-year earnings is $10.62 per share. Zacks Research also issued estimates for Abercrombie & Fitch’s FY2026 earnings at $10.92 EPS, Q1 2027 earnings at $1.61 EPS and Q4 2027 earnings at $4.33 EPS.

Abercrombie & Fitch (NYSE:ANF) last posted its quarterly earnings data on Wednesday, March 5th. The apparel retailer reported $3.57 EPS for the quarter, beating the consensus estimate of $3.48 by $0.09. Abercrombie & Fitch had a return on equity of 46.50% and a net margin of 11.16%. The firm had revenue of $1.58 billion during the quarter, compared to the consensus estimate of $1.57 billion. During the same period in the prior year, the company earned $2.97 EPS. The firm’s revenue was up 9.1% compared to the same quarter last year.

ANF has been the subject of several other reports. JPMorgan Chase & Co. dropped their target price on Abercrombie & Fitch from $189.00 to $168.00 and set an “overweight” rating for the company in a report on Wednesday, March 5th. Jefferies Financial Group dropped their target price on Abercrombie & Fitch from $220.00 to $170.00 and set a “buy” rating for the company in a report on Wednesday, March 5th. Morgan Stanley dropped their target price on Abercrombie & Fitch from $149.00 to $139.00 and set an “equal weight” rating for the company in a report on Wednesday, January 15th. Telsey Advisory Group lowered their price target on Abercrombie & Fitch from $190.00 to $125.00 and set an “outperform” rating for the company in a report on Thursday, March 6th. Finally, Citigroup lowered their price target on Abercrombie & Fitch from $160.00 to $135.00 and set a “buy” rating for the company in a report on Thursday, March 6th. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $140.88.

Abercrombie & Fitch Stock Performance

NYSE ANF opened at $79.71 on Monday. The business has a fifty day moving average price of $113.46 and a 200 day moving average price of $133.63. The company has a market cap of $4.02 billion, a P/E ratio of 7.88 and a beta of 1.45. Abercrombie & Fitch has a one year low of $74.31 and a one year high of $196.99.

Abercrombie & Fitch announced that its Board of Directors has authorized a share repurchase plan on Wednesday, March 5th that allows the company to buyback $1.30 billion in shares. This buyback authorization allows the apparel retailer to reacquire up to 29.5% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s leadership believes its shares are undervalued.

Institutional Investors Weigh In On Abercrombie & Fitch

Several hedge funds and other institutional investors have recently made changes to their positions in ANF. Atria Investments Inc grew its stake in Abercrombie & Fitch by 5.4% during the 3rd quarter. Atria Investments Inc now owns 1,564 shares of the apparel retailer’s stock worth $219,000 after buying an additional 80 shares during the last quarter. Private Trust Co. NA lifted its position in shares of Abercrombie & Fitch by 30.9% in the fourth quarter. Private Trust Co. NA now owns 415 shares of the apparel retailer’s stock valued at $62,000 after acquiring an additional 98 shares in the last quarter. Virtue Capital Management LLC lifted its position in shares of Abercrombie & Fitch by 1.3% in the fourth quarter. Virtue Capital Management LLC now owns 8,221 shares of the apparel retailer’s stock valued at $1,229,000 after acquiring an additional 102 shares in the last quarter. UMB Bank n.a. lifted its position in Abercrombie & Fitch by 92.2% during the fourth quarter. UMB Bank n.a. now owns 223 shares of the apparel retailer’s stock worth $33,000 after buying an additional 107 shares during the period. Finally, Evergreen Capital Management LLC lifted its position in Abercrombie & Fitch by 2.0% during the fourth quarter. Evergreen Capital Management LLC now owns 5,460 shares of the apparel retailer’s stock worth $816,000 after buying an additional 108 shares during the period.

Abercrombie & Fitch Company Profile

Abercrombie & Fitch Co engages in the retail of apparel, personal care products, and accessories. The firm operates through following geographical segments: Americas, EMEA and APAC. The Americas segment includes operations in North America and South America. The EMEA segment includes operations in Europe, the Middle East and Africa.