Abercrombie & Fitch (NYSE:ANF) Releases FY 2025 Earnings Guidance

Abercrombie & Fitch (NYSE:ANF - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 9.500-10.500 for the period, compared to the consensus estimate of 10.280. The company issued revenue guidance of -, compared to the consensus revenue estimate of $5.1 billion. Abercrombie & Fitch also updated its Q2 2025 guidance to 2.100-2.300 EPS.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. UBS Group reissued a "buy" rating on shares of Abercrombie & Fitch in a report on Wednesday. Morgan Stanley upped their price target on Abercrombie & Fitch from $78.00 to $82.00 and gave the company an "equal weight" rating in a research note on Thursday. Wall Street Zen cut Abercrombie & Fitch from a "buy" rating to a "hold" rating in a research note on Sunday, March 9th. JPMorgan Chase & Co. upped their price target on Abercrombie & Fitch from $142.00 to $147.00 and gave the company an "overweight" rating in a research note on Thursday. Finally, Jefferies Financial Group lowered their price target on Abercrombie & Fitch from $170.00 to $135.00 and set a "buy" rating for the company in a research note on Wednesday, May 21st. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $111.38.

Abercrombie & Fitch Stock Performance

NYSE ANF traded down $4.66 during trading hours on Friday, reaching $78.38. 5,018,822 shares of the company's stock were exchanged, compared to its average volume of 2,129,128. The company's 50-day moving average is $74.48 and its two-hundred day moving average is $108.09. Abercrombie & Fitch has a one year low of $65.40 and a one year high of $194.38. The company has a market capitalization of $3.73 billion, a price-to-earnings ratio of 7.75 and a beta of 1.47.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last posted its earnings results on Wednesday, May 28th. The apparel retailer reported $1.59 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.35 by $0.24. Abercrombie & Fitch had a return on equity of 46.50% and a net margin of 11.16%. The business had revenue of $1.10 billion during the quarter, compared to analysts' expectations of $1.08 billion. During the same period in the prior year, the business earned $2.14 EPS. Abercrombie & Fitch's revenue for the quarter was up 7.5% compared to the same quarter last year. Research analysts predict that Abercrombie & Fitch will post 10.62 earnings per share for the current fiscal year.

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

Institutional Trading of Abercrombie & Fitch

A number of large investors have recently bought and sold shares of the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Abercrombie & Fitch by 8.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 127,389 shares of the apparel retailer's stock worth $9,729,000 after purchasing an additional 10,459 shares in the last quarter. United Services Automobile Association bought a new position in shares of Abercrombie & Fitch during the 1st quarter worth approximately $261,000. Jones Financial Companies Lllp grew its stake in shares of Abercrombie & Fitch by 521.1% during the 1st quarter. Jones Financial Companies Lllp now owns 1,000 shares of the apparel retailer's stock worth $76,000 after acquiring an additional 839 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Abercrombie & Fitch by 3.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,517 shares of the apparel retailer's stock worth $2,254,000 after acquiring an additional 892 shares in the last quarter.

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.