Abercrombie & Fitch Company (NYSE:ANF) Receives Average Recommendation of "Moderate Buy" from Analysts

Key Points

• Analysts maintain a “Moderate Buy” consensus on Abercrombie & Fitch, with seven buy ratings, six holds and one strong-buy rating. The average 12-month price target is $154.17, with recent targets ranging from $155 to $185.
• The retailer reported quarterly EPS of $4.17, more than doubling the $1.99 consensus estimate, while revenue reached $1.27 billion, up 4.8% year over year and slightly above expectations.
• Insiders have been selling shares, including an 800-share sale by a director and a 5,000-share sale by an executive vice president; insiders sold 70,800 shares worth approximately $9.3 million over the past 90 days.

Shares of Abercrombie & Fitch Company (NYSE:ANF - Get Free Report) have been given an average rating of "Moderate Buy" by the fourteen analysts that are covering the stock, Marketbeat reports. Six investment analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $154.1667.

Several brokerages recently issued reports on ANF. Barclays lifted their target price on Abercrombie & Fitch from $114.00 to $155.00 and gave the company an "equal weight" rating in a research note on Thursday, August 27th. The Goldman Sachs Group set a $160.00 target price on shares of Abercrombie & Fitch in a research report on Thursday, August 27th. UBS Group lifted their price target on shares of Abercrombie & Fitch from $153.00 to $185.00 and gave the company a "buy" rating in a report on Thursday, August 27th. Argus raised shares of Abercrombie & Fitch from a "hold" rating to a "buy" rating and set a $162.00 price objective for the company in a report on Monday, August 31st. Finally, Zacks Research upgraded Abercrombie & Fitch from a "hold" rating to a "strong-buy" rating in a research report on Friday, August 28th.

Insider Transactions at Abercrombie & Fitch

In other Abercrombie & Fitch news, Director Kenneth Robinson sold 800 shares of Abercrombie & Fitch stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $149.69, for a total value of $119,752.00. Following the sale, the director owned 7,169 shares of the company's stock, valued at $1,073,127.61. The trade was a 10.04% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Jay Rust sold 5,000 shares of the company's stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $147.50, for a total value of $737,500.00. Following the sale, the executive vice president directly owned 15,651 shares in the company, valued at $2,308,522.50. This trade represents a 24.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 70,800 shares of company stock worth $9,301,752. 2.33% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Abercrombie & Fitch

Several institutional investors have recently bought and sold shares of ANF. Timbuktu Capital Management LLC bought a new stake in shares of Abercrombie & Fitch in the 2nd quarter worth about $29,000. NewEdge Advisors LLC lifted its holdings in shares of Abercrombie & Fitch by 181.6% in the 2nd quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer's stock valued at $29,000 after acquiring an additional 227 shares during the last quarter. Transamerica Financial Advisors LLC lifted its holdings in shares of Abercrombie & Fitch by 322.0% in the 4th quarter. Transamerica Financial Advisors LLC now owns 249 shares of the apparel retailer's stock valued at $31,000 after acquiring an additional 190 shares during the last quarter. Larson Financial Group LLC grew its position in Abercrombie & Fitch by 120.3% in the fourth quarter. Larson Financial Group LLC now owns 271 shares of the apparel retailer's stock worth $34,000 after acquiring an additional 148 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. grew its position in Abercrombie & Fitch by 94.4% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 350 shares of the apparel retailer's stock worth $44,000 after acquiring an additional 170 shares in the last quarter.

Abercrombie & Fitch Stock Performance

NYSE ANF opened at $149.91 on Monday. Abercrombie & Fitch has a fifty-two week low of $65.45 and a fifty-two week high of $154.58. The business's fifty day moving average is $107.48 and its 200 day moving average is $94.10. The company has a market capitalization of $6.66 billion, a PE ratio of 12.83, a price-to-earnings-growth ratio of 1.31 and a beta of 0.97.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last issued its earnings results on Wednesday, August 26th. The apparel retailer reported $4.17 earnings per share for the quarter, topping the consensus estimate of $1.99 by $2.18. The company had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.25 billion. Abercrombie & Fitch had a net margin of 10.03% and a return on equity of 33.52%. Abercrombie & Fitch's quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.91 EPS. Abercrombie & Fitch has set its Q3 2026 guidance at 2.900-3.200 EPS and its FY 2026 guidance at 13.100-13.600 EPS. On average, sell-side analysts forecast that Abercrombie & Fitch will post 11.4 EPS for the current year.

Abercrombie & Fitch Company Profile

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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