Zacks Research Issues Optimistic Estimate for ANF Earnings

Abercrombie & Fitch Company (NYSE:ANF) – Investment analysts at Zacks Research increased their Q3 2027 earnings per share (EPS) estimates for Abercrombie & Fitch in a report released on Wednesday, March 18th. Zacks Research analyst Team now anticipates that the apparel retailer will earn $2.61 per share for the quarter, up from their previous forecast of $2.41. Zacks Research currently 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 2028 earnings at $2.70 EPS and FY2029 earnings at $12.25 EPS.

Other research analysts have also recently issued research reports about the stock. Wall Street Zen cut shares of Abercrombie & Fitch from a “buy” rating to a “hold” rating in a report on Sunday, March 8th. Morgan Stanley lifted their price target on shares of Abercrombie & Fitch from $78.00 to $95.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 26th. Jefferies Financial Group cut their price target on shares of Abercrombie & Fitch from $135.00 to $130.00 and set a “buy” rating on the stock in a research report on Wednesday, March 4th. The Goldman Sachs Group initiated coverage on shares of Abercrombie & Fitch in a research note on Thursday, December 11th. They set a “buy” rating and a $120.00 price objective for the company. Finally, Citigroup upgraded Abercrombie & Fitch from a “neutral” rating to a “buy” rating and raised their price objective for the company from $90.00 to $135.00 in a report on Wednesday, January 21st. Seven research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, Abercrombie & Fitch presently has an average rating of “Moderate Buy” and a consensus target price of $118.80.

Abercrombie & Fitch Stock Up 3.4%

Shares of ANF opened at $88.89 on Thursday. Abercrombie & Fitch has a twelve month low of $65.40 and a twelve month high of $133.11. The stock has a market capitalization of $4.08 billion, a P/E ratio of 8.43 and a beta of 1.17. The company has a 50 day moving average of $95.69 and a 200-day moving average of $92.68.

Abercrombie & Fitch (NYSE:ANF) last announced its earnings results on Wednesday, March 4th. The apparel retailer reported $3.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.56 by $0.12. Abercrombie & Fitch had a return on equity of 36.36% and a net margin of 9.63%.The business had revenue of $1.67 billion for the quarter, compared to analyst estimates of $1.67 billion. During the same quarter last year, the firm earned $3.57 EPS. Abercrombie & Fitch’s revenue for the quarter was up 5.4% compared to the same quarter last year. Abercrombie & Fitch has set its Q1 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 10.200-11.000 EPS.

Insiders Place Their Bets

In other Abercrombie & Fitch news, CEO Fran Horowitz sold 103,200 shares of the company’s stock in a transaction on Thursday, January 22nd. The shares were sold at an average price of $98.53, for a total transaction of $10,168,296.00. Following the sale, the chief executive officer directly owned 605,303 shares of the company’s stock, valued at approximately $59,640,504.59. This represents a 14.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders have sold 350,000 shares of company stock worth $34,661,358 in the last 90 days. 2.29% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Corient Private Wealth LLC increased its stake in shares of Abercrombie & Fitch by 34.8% during the 4th quarter. Corient Private Wealth LLC now owns 4,164 shares of the apparel retailer’s stock worth $524,000 after purchasing an additional 1,074 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in Abercrombie & Fitch in the 4th quarter valued at about $56,000. Mercer Global Advisors Inc. ADV grew its holdings in Abercrombie & Fitch by 21.1% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 18,109 shares of the apparel retailer’s stock worth $2,279,000 after purchasing an additional 3,158 shares during the period. Caitlin John LLC bought a new position in Abercrombie & Fitch during the fourth quarter worth about $542,000. Finally, Vident Advisory LLC increased its position in Abercrombie & Fitch by 8.9% during the fourth quarter. Vident Advisory LLC now owns 44,234 shares of the apparel retailer’s stock worth $5,568,000 after buying an additional 3,623 shares during the last quarter.

About Abercrombie & Fitch

Abercrombie & Fitch Co (NYSE: ANF) is an American specialty retailer that designs, markets and sells casual apparel and accessories for men, women and children. Founded in 1892 by David T. Abercrombie and Ezra Fitch, the company evolved from an outdoor gear outfitter to a global lifestyle brand renowned for its relaxed, preppy aesthetic. Its product assortment includes tops, bottoms, outerwear, intimates, swimwear, fragrances and personal care items.

The company operates under multiple brand names, including Abercrombie & Fitch, Abercrombie Kids, Hollister and Gilly Hicks, each targeting distinct consumer segments from teens to young adults.