Abercrombie & Fitch (NYSE:ANF) Earns "Outperform" Rating from Telsey Advisory Group

Telsey Advisory Group restated their outperform rating on shares of Abercrombie & Fitch (NYSE:ANF - Free Report) in a research report report published on Wednesday morning,Benzinga reports. The firm currently has a $125.00 price objective on the apparel retailer's stock. Telsey Advisory Group also issued estimates for Abercrombie & Fitch's Q2 2026 earnings at $2.30 EPS, Q1 2027 earnings at $1.70 EPS, Q2 2027 earnings at $2.46 EPS, Q3 2027 earnings at $2.85 EPS and Q4 2027 earnings at $4.25 EPS.

Several other equities research analysts have also recently weighed in on ANF. Raymond James dropped their price objective on Abercrombie & Fitch from $110.00 to $90.00 and set an "outperform" rating for the company in a report on Tuesday, May 27th. Wall Street Zen cut Abercrombie & Fitch from a "buy" rating to a "hold" rating in a report on Sunday, March 9th. UBS Group reiterated a "buy" rating on shares of Abercrombie & Fitch in a report on Wednesday. Citigroup reiterated a "buy" rating on shares of Abercrombie & Fitch in a report on Wednesday. Finally, Jefferies Financial Group dropped their price objective on Abercrombie & Fitch from $170.00 to $135.00 and set a "buy" rating for the company in a report on Wednesday, May 21st. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, Abercrombie & Fitch currently has a consensus rating of "Moderate Buy" and a consensus target price of $111.38.

Abercrombie & Fitch Price Performance

NYSE ANF traded down $4.66 during trading on Wednesday, reaching $78.38. The company's stock had a trading volume of 5,018,822 shares, compared to its average volume of 2,124,106. The stock has a market capitalization of $3.73 billion, a PE ratio of 7.75 and a beta of 1.47. The firm has a fifty day moving average of $74.51 and a 200 day moving average of $107.43. Abercrombie & Fitch has a one year low of $65.40 and a one year high of $194.38.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last posted its quarterly earnings data 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. The firm had revenue of $1.10 billion during the quarter, compared to analysts' expectations of $1.08 billion. Abercrombie & Fitch had a return on equity of 46.50% and a net margin of 11.16%. The company's revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period in the prior year, the business earned $2.14 EPS. Research analysts expect that Abercrombie & Fitch will post 10.62 earnings per share for the current fiscal year.

Abercrombie & Fitch declared that its Board of Directors has initiated a stock repurchase program on Wednesday, March 5th that permits the company to repurchase $1.30 billion in shares. This repurchase authorization permits the apparel retailer to buy up to 29.5% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's board believes its shares are undervalued.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. SBI Securities Co. Ltd. bought a new position in Abercrombie & Fitch during the 4th quarter valued at approximately $27,000. UMB Bank n.a. increased its position in Abercrombie & Fitch by 161.4% during the 1st quarter. UMB Bank n.a. now owns 583 shares of the apparel retailer's stock valued at $45,000 after buying an additional 360 shares in the last quarter. Fifth Third Bancorp increased its position in Abercrombie & Fitch by 56.2% during the 4th quarter. Fifth Third Bancorp now owns 367 shares of the apparel retailer's stock valued at $55,000 after buying an additional 132 shares in the last quarter. Versant Capital Management Inc increased its position in Abercrombie & Fitch by 55.6% during the 1st quarter. Versant Capital Management Inc now owns 728 shares of the apparel retailer's stock valued at $56,000 after buying an additional 260 shares in the last quarter. Finally, Private Trust Co. NA increased its position in Abercrombie & Fitch by 30.9% during the 4th quarter. Private Trust Co. NA now owns 415 shares of the apparel retailer's stock valued at $62,000 after buying an additional 98 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.