Q2 EPS Estimate for Abercrombie & Fitch Lifted by Analyst

Abercrombie & Fitch Company (NYSE:ANF) – Analysts at Zacks Research upped their Q2 2027 EPS estimates for Abercrombie & Fitch in a research report issued on Tuesday, December 9th. Zacks Research analyst Team now forecasts that the apparel retailer will earn $2.54 per share for the quarter, up from their previous forecast of $2.46. Zacks Research has a “Hold” rating on the stock. 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 Q3 2027 earnings at $2.40 EPS and Q3 2028 earnings at $2.35 EPS.

A number of other research firms have also issued reports on ANF. Jefferies Financial Group boosted their price objective on Abercrombie & Fitch from $105.00 to $115.00 and gave the company a “buy” rating in a research note on Wednesday. Citigroup lifted their target price on Abercrombie & Fitch from $79.00 to $90.00 and gave the company a “neutral” rating in a report on Wednesday, November 26th. UBS Group increased their price target on shares of Abercrombie & Fitch from $125.00 to $130.00 and gave the stock a “buy” rating in a report on Wednesday, November 26th. Morgan Stanley raised their price objective on shares of Abercrombie & Fitch from $78.00 to $95.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 26th. Finally, Barclays boosted their price objective on shares of Abercrombie & Fitch from $84.00 to $94.00 and gave the company an “equal weight” rating in a research note on Friday, November 28th. Six investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, Abercrombie & Fitch presently has a consensus rating of “Moderate Buy” and an average price target of $110.10.

Abercrombie & Fitch Price Performance

NYSE:ANF opened at $111.88 on Friday. Abercrombie & Fitch has a 1 year low of $65.40 and a 1 year high of $164.80. The stock’s fifty day moving average price is $79.16 and its two-hundred day moving average price is $85.76. The company has a market cap of $5.13 billion, a P/E ratio of 10.73 and a beta of 1.17.

Abercrombie & Fitch (NYSE:ANF) last posted its quarterly earnings results on Wednesday, November 26th. The apparel retailer reported $2.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.14 by $0.22. The company had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.28 billion. Abercrombie & Fitch had a net margin of 10.07% and a return on equity of 38.01%. The company’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.50 earnings per share.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in ANF. LPL Financial LLC grew its position in Abercrombie & Fitch by 99.3% during the 1st quarter. LPL Financial LLC now owns 31,114 shares of the apparel retailer’s stock worth $2,376,000 after acquiring an additional 15,500 shares during the last quarter. Citigroup Inc. boosted its stake in shares of Abercrombie & Fitch by 51.0% during the first quarter. Citigroup Inc. now owns 100,242 shares of the apparel retailer’s stock valued at $7,655,000 after purchasing an additional 33,850 shares during the period. Nuveen LLC bought a new position in shares of Abercrombie & Fitch in the first quarter worth approximately $32,924,000. Prudential PLC bought a new position in shares of Abercrombie & Fitch in the first quarter worth approximately $463,000. Finally, Boston Partners increased its stake in shares of Abercrombie & Fitch by 34.9% in the first quarter. Boston Partners now owns 261,668 shares of the apparel retailer’s stock worth $19,921,000 after buying an additional 67,688 shares during the period.

About Abercrombie & Fitch

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.