Research Analysts Set Expectations for ANF Q3 Earnings

Abercrombie & Fitch Co. (NYSE:ANF) – Stock analysts at Zacks Research reduced their Q3 2026 EPS estimates for shares of Abercrombie & Fitch in a research report issued on Wednesday, June 11th. Zacks Research analyst R. Lohia now expects that the apparel retailer will post earnings of $2.57 per share for the quarter, down from their previous estimate of $2.80. 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 Q4 2026 earnings at $3.77 EPS, FY2026 earnings at $10.18 EPS, Q1 2027 earnings at $1.66 EPS, Q2 2027 earnings at $2.47 EPS, Q3 2027 earnings at $2.64 EPS and Q1 2028 earnings at $1.59 EPS.

Abercrombie & Fitch (NYSE:ANF) last issued its quarterly earnings data on Wednesday, May 28th. The apparel retailer reported $1.59 EPS for the quarter, topping the consensus estimate of $1.35 by $0.24. The business had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.08 billion. Abercrombie & Fitch had a return on equity of 46.50% and a net margin of 11.16%. The firm’s revenue was up 7.5% compared to the same quarter last year. During the same quarter last year, the business posted $2.14 EPS.

Several other brokerages also recently issued reports on ANF. JPMorgan Chase & Co. raised their target price on shares of Abercrombie & Fitch from $142.00 to $147.00 and gave the company an “overweight” rating in a research note on Thursday, May 29th. UBS Group reiterated a “buy” rating on shares of Abercrombie & Fitch in a research report on Wednesday, May 28th. Barclays set a $84.00 price objective on shares of Abercrombie & Fitch and gave the company an “equal weight” rating in a research note on Thursday, May 29th. Jefferies Financial Group decreased their target price on shares of Abercrombie & Fitch from $170.00 to $135.00 and set a “buy” rating on the stock in a research note on Wednesday, May 21st. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $125.00 target price on shares of Abercrombie & Fitch in a research note on Wednesday, May 28th. Four investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $111.38.

Abercrombie & Fitch Trading Down 5.4%

ANF stock opened at $74.52 on Friday. The stock has a market cap of $3.55 billion, a PE ratio of 7.37 and a beta of 1.47. The stock has a 50-day moving average price of $75.27 and a two-hundred day moving average price of $103.12. Abercrombie & Fitch has a 1 year low of $65.40 and a 1 year high of $189.82.

Institutional Investors Weigh In On Abercrombie & Fitch

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Rhumbline Advisers increased its stake in Abercrombie & Fitch by 3.1% in the 4th quarter. Rhumbline Advisers now owns 158,554 shares of the apparel retailer’s stock valued at $23,699,000 after buying an additional 4,837 shares during the last quarter. Allspring Global Investments Holdings LLC grew its stake in Abercrombie & Fitch by 52.6% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 26,855 shares of the apparel retailer’s stock valued at $4,027,000 after buying an additional 9,258 shares in the last quarter. Legato Capital Management LLC bought a new position in Abercrombie & Fitch in the 4th quarter valued at $610,000. HighTower Advisors LLC boosted its holdings in Abercrombie & Fitch by 14.9% in the 4th quarter. HighTower Advisors LLC now owns 4,157 shares of the apparel retailer’s stock valued at $621,000 after purchasing an additional 540 shares during the period. Finally, Steward Partners Investment Advisory LLC boosted its holdings in Abercrombie & Fitch by 152.0% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 703 shares of the apparel retailer’s stock valued at $105,000 after purchasing an additional 424 shares during the period.

Abercrombie & Fitch announced that its board has initiated a share repurchase program on Wednesday, March 5th that authorizes the company to buyback $1.30 billion in shares. This buyback authorization authorizes the apparel retailer to purchase up to 29.5% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board believes its stock is undervalued.

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.