Abercrombie & Fitch Company (NYSE:ANF) Given Average Rating of "Moderate Buy" by Brokerages

Key Points

• Analysts rate Abercrombie & Fitch a “Moderate Buy”: Eight of 13 analysts recommend buying the stock, while five rate it a hold. The average 12-month price target is $117.55, with targets ranging from $87 to $135.
• The company’s latest quarter showed adjusted strength but mixed results: EPS of $1.47 exceeded estimates of $1.26, while revenue of $1.11 billion narrowly missed forecasts and rose 1.5% year over year.
• Insiders have been selling shares: Executives sold 30,000 shares worth approximately $3.3 million over the past three months, including a COO sale of 10,000 shares at $115 each.

Shares of Abercrombie & Fitch Company (NYSE:ANF - Get Free Report) have received an average recommendation of "Moderate Buy" from the thirteen analysts that are presently covering the stock, Marketbeat.com reports. Five analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $117.5455.

Several equities research analysts recently issued reports on ANF shares. Morgan Stanley reiterated an "equal weight" rating and issued a $87.00 price target on shares of Abercrombie & Fitch in a research note on Monday, July 6th. Telsey Advisory Group lowered their price objective on Abercrombie & Fitch from $125.00 to $115.00 and set an "outperform" rating on the stock in a research note on Thursday, May 28th. Jefferies Financial Group lifted their price objective on Abercrombie & Fitch from $110.00 to $135.00 and gave the company a "buy" rating in a report on Wednesday. The Goldman Sachs Group reiterated a "buy" rating and set a $124.00 target price on shares of Abercrombie & Fitch in a research report on Wednesday. Finally, JPMorgan Chase & Co. increased their target price on Abercrombie & Fitch from $107.00 to $110.00 and gave the stock a "neutral" rating in a report on Thursday, May 28th.

Abercrombie & Fitch Stock Down 4.6%

Abercrombie & Fitch stock opened at $112.56 on Thursday. The company's 50-day moving average price is $94.29 and its two-hundred day moving average price is $90.69. The stock has a market cap of $5.00 billion, a P/E ratio of 10.80 and a beta of 0.90. Abercrombie & Fitch has a twelve month low of $65.45 and a twelve month high of $133.11.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last posted its quarterly earnings data on Wednesday, May 27th. The apparel retailer reported $1.47 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.26 by $0.21. Abercrombie & Fitch had a net margin of 9.34% and a return on equity of 34.36%. The firm had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.12 billion. During the same quarter in the previous year, the firm posted $1.59 EPS. The business's revenue for the quarter was up 1.5% compared to the same quarter last year. Abercrombie & Fitch has set its Q2 2026 guidance at 1.800-2.000 EPS and its FY 2026 guidance at 10.200-11.000 EPS. Equities analysts anticipate that Abercrombie & Fitch will post 10.46 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, COO Scott D. Lipesky sold 10,000 shares of the company's stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $115.00, for a total transaction of $1,150,000.00. Following the completion of the sale, the chief operating officer owned 152,534 shares of the company's stock, valued at $17,541,410. This represents a 6.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders have sold a total of 30,000 shares of company stock worth $3,300,000 over the last three months. Corporate insiders own 2.33% of the company's stock.

Hedge Funds Weigh In On Abercrombie & Fitch

Several hedge funds and other institutional investors have recently made changes to their positions in ANF. Handelsbanken Fonder AB lifted its holdings in shares of Abercrombie & Fitch by 9.5% during the 2nd quarter. Handelsbanken Fonder AB now owns 15,000 shares of the apparel retailer's stock worth $1,350,000 after acquiring an additional 1,300 shares during the period. Waller Financial Planning Group Inc. bought a new position in Abercrombie & Fitch in the second quarter valued at approximately $244,000. Versant Capital Management Inc raised its position in Abercrombie & Fitch by 29.8% during the second quarter. Versant Capital Management Inc now owns 610 shares of the apparel retailer's stock valued at $55,000 after purchasing an additional 140 shares in the last quarter. Pacer Advisors Inc. raised its position in Abercrombie & Fitch by 31.7% during the first quarter. Pacer Advisors Inc. now owns 189,757 shares of the apparel retailer's stock valued at $17,338,000 after purchasing an additional 45,654 shares in the last quarter. Finally, Parallel Advisors LLC lifted its stake in Abercrombie & Fitch by 46.7% during the first quarter. Parallel Advisors LLC now owns 788 shares of the apparel retailer's stock worth $72,000 after purchasing an additional 251 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.

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