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

Key Points

• Abercrombie & Fitch has revised its FY 2025 earnings guidance, projecting EPS between 10.000-10.500, which is slightly below the consensus estimate of 10.150.
• The company also provided a revenue forecast of $5.2 billion-$5.3 billion, matching the consensus revenue estimate of $5.2 billion.
• Analysts maintain a "Moderate Buy" rating for the stock, with an average price target of $112.75, reflecting a mix of upgraded and downgraded ratings from various research firms.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 10.000-10.500 for the period, compared to the consensus earnings per share estimate of 10.150. The company issued revenue guidance of $5.2 billion-$5.3 billion, compared to the consensus revenue estimate of $5.2 billion. Abercrombie & Fitch also updated its Q3 2025 guidance to 2.050-2.250 EPS.

Wall Street Analysts Forecast Growth

ANF has been the topic of a number of research analyst reports. Citigroup reiterated a "neutral" rating and issued a $105.00 target price on shares of Abercrombie & Fitch in a research note on Wednesday, August 20th. JPMorgan Chase & Co. boosted their price target on shares of Abercrombie & Fitch from $141.00 to $151.00 and gave the company an "overweight" rating in a research report on Monday, July 28th. Telsey Advisory Group reissued an "outperform" rating and issued a $125.00 price target on shares of Abercrombie & Fitch in a research report on Wednesday, August 20th. Morgan Stanley boosted their price target on shares of Abercrombie & Fitch from $78.00 to $82.00 and gave the company an "equal weight" rating in a research report on Thursday, May 29th. Finally, Raymond James Financial lowered their price target on shares of Abercrombie & Fitch from $110.00 to $90.00 and set an "outperform" rating on the stock in a report on Tuesday, May 27th. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Abercrombie & Fitch has an average rating of "Moderate Buy" and a consensus price target of $112.75.

Abercrombie & Fitch Price Performance

ANF stock opened at $96.31 on Wednesday. Abercrombie & Fitch has a one year low of $65.40 and a one year high of $168.50. The stock has a market cap of $4.59 billion, a PE ratio of 9.48 and a beta of 1.54. The firm has a 50 day simple moving average of $91.98 and a two-hundred day simple moving average of $85.14.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last released its quarterly earnings results on Wednesday, May 28th. The apparel retailer reported $1.59 EPS for the quarter, topping analysts' consensus estimates of $1.35 by $0.24. Abercrombie & Fitch had a net margin of 10.60% and a return on equity of 42.32%. The business had revenue of $1.10 billion during the quarter, compared to analysts' expectations of $1.08 billion. During the same quarter in the previous year, the company earned $2.14 EPS. The business's quarterly revenue was up 7.5% compared to the same quarter last year. On average, research analysts expect that Abercrombie & Fitch will post 10.62 EPS for the current fiscal year.

Institutional Investors Weigh In On Abercrombie & Fitch

A number of institutional investors have recently made changes to their positions in ANF. Bank of America Corp DE boosted its stake in shares of Abercrombie & Fitch by 220.2% in the 2nd quarter. Bank of America Corp DE now owns 606,254 shares of the apparel retailer's stock valued at $50,228,000 after purchasing an additional 416,924 shares in the last quarter. HRT Financial LP raised its holdings in Abercrombie & Fitch by 147.1% during the 2nd quarter. HRT Financial LP now owns 54,426 shares of the apparel retailer's stock valued at $4,509,000 after buying an additional 32,399 shares during the last quarter. Cerity Partners LLC bought a new stake in Abercrombie & Fitch during the 2nd quarter valued at $2,248,000. AQR Capital Management LLC raised its holdings in Abercrombie & Fitch by 1.1% during the 2nd quarter. AQR Capital Management LLC now owns 1,978,142 shares of the apparel retailer's stock valued at $163,889,000 after buying an additional 22,215 shares during the last quarter. Finally, Federated Hermes Inc. raised its holdings in Abercrombie & Fitch by 47.2% during the 2nd quarter. Federated Hermes Inc. now owns 47,511 shares of the apparel retailer's stock valued at $3,936,000 after buying an additional 15,240 shares during 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.

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