Zacks Research Issues Positive Forecast for ANF Earnings

Key Points

• Zacks Research raised its Q3 2027 EPS forecast for Abercrombie & Fitch to $2.99 from $2.85 and maintained a “Strong Buy” rating, while also increasing several longer-term earnings estimates.
• Abercrombie’s latest quarter beat expectations substantially, with EPS of $4.17 versus the $1.99 consensus and revenue of $1.27 billion, up 4.8% year over year. Management guided for Q3 2026 EPS of $2.90–$3.20 and full-year EPS of $13.10–$13.60.
• Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and an average price target of $155.38; ANF recently traded near $152.47 after reaching a 12-month high of $155.22.

Abercrombie & Fitch Company (NYSE:ANF - Free Report) - Analysts at Zacks Research increased their Q3 2027 EPS estimates for Abercrombie & Fitch in a research note issued to investors on Wednesday, September 9th. Zacks Research analyst Team now anticipates that the apparel retailer will post earnings of $2.99 per share for the quarter, up from their prior forecast of $2.85. Zacks Research currently has a "Strong-Buy" rating on the stock. The consensus estimate for Abercrombie & Fitch's current full-year earnings is $11.40 per share. Zacks Research also issued estimates for Abercrombie & Fitch's Q4 2027 earnings at $4.60 EPS, Q1 2028 earnings at $1.61 EPS, Q2 2028 earnings at $2.61 EPS, Q3 2028 earnings at $3.21 EPS, Q4 2028 earnings at $4.86 EPS, FY2028 earnings at $12.29 EPS and Q1 2029 earnings at $1.72 EPS.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last issued its quarterly earnings results on Wednesday, August 26th. The apparel retailer reported $4.17 earnings per share for the quarter, beating analysts' consensus estimates of $1.99 by $2.18. Abercrombie & Fitch had a net margin of 10.03% and a return on equity of 33.52%. The firm had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.25 billion. During the same period last year, the company posted $2.91 EPS. Abercrombie & Fitch's quarterly revenue was up 4.8% compared to the same quarter last year. 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.

Other analysts have also issued reports about the company. Raymond James Financial reaffirmed a "market perform" rating on shares of Abercrombie & Fitch in a research note on Tuesday, August 18th. BTIG Research increased their price objective on Abercrombie & Fitch from $120.00 to $175.00 and gave the company a "buy" rating in a research note on Wednesday, August 26th. UBS Group raised their price objective on Abercrombie & Fitch from $153.00 to $185.00 and gave the company a "buy" rating in a report on Thursday, August 27th. JPMorgan Chase & Co. lifted their target price on shares of Abercrombie & Fitch from $110.00 to $126.00 and gave the stock a "neutral" rating in a research note on Tuesday, August 18th. Finally, Needham & Company LLC increased their target price on shares of Abercrombie & Fitch from $108.00 to $165.00 and gave the company a "buy" rating in a research report on Wednesday, August 26th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have given a Hold rating to the company's stock. According to MarketBeat, Abercrombie & Fitch currently has an average rating of "Moderate Buy" and an average price target of $155.38.

Abercrombie & Fitch Trading Up 0.7%

NYSE:ANF opened at $152.47 on Thursday. The stock has a 50 day moving average of $111.13 and a two-hundred day moving average of $95.28. Abercrombie & Fitch has a 12 month low of $65.45 and a 12 month high of $155.22. The firm has a market cap of $6.47 billion, a P/E ratio of 13.05, a price-to-earnings-growth ratio of 1.33 and a beta of 0.97.

Institutional Investors Weigh In On Abercrombie & Fitch

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ANF. Sequoia Financial Advisors LLC raised its position in Abercrombie & Fitch by 6.5% in the second quarter. Sequoia Financial Advisors LLC now owns 5,398 shares of the apparel retailer's stock valued at $486,000 after purchasing an additional 329 shares during the period. Engineers Gate Manager LP acquired a new stake in shares of Abercrombie & Fitch during the 2nd quarter worth about $703,000. Integrated Wealth Concepts LLC acquired a new stake in shares of Abercrombie & Fitch during the 2nd quarter worth about $86,000. Maven Securities LTD purchased a new stake in Abercrombie & Fitch in the 2nd quarter valued at about $1,108,000. Finally, Baird Financial Group Inc. purchased a new stake in Abercrombie & Fitch in the 2nd quarter valued at about $20,035,000.

Insider Activity

In related news, Director Kenneth B. Robinson sold 800 shares of the company's 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 transaction, the director directly owned 7,169 shares in the company, valued at approximately $1,073,127.61. This represents a 10.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Jay Rust sold 5,000 shares of the company's stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $147.50, for a total value of $737,500.00. Following the completion of the transaction, the executive vice president owned 15,651 shares in the company, valued at $2,308,522.50. This represents a 24.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 72,800 shares of company stock worth $9,595,392. Corporate insiders own 2.33% of the company's stock.

Abercrombie & Fitch News Summary

Here are the key news stories impacting Abercrombie & Fitch this week:

• Positive Sentiment: Zacks Research raised several long-term earnings forecasts, including Q3 2027 EPS to $2.99 from $2.85, Q4 2027 EPS to $4.60 from $4.29, Q2 2028 EPS to $2.61 from $2.42, Q3 2028 EPS to $3.21 from $2.99, Q4 2028 EPS to $4.86 from $4.57 and FY2028 EPS to $12.29 from $11.62. The firm maintains a “Strong Buy” rating, signaling continued confidence in Abercrombie’s earnings growth. Zacks Research momentum article
• Positive Sentiment: The apparel retailer’s latest quarterly results provide a favorable backdrop: EPS of $4.17 substantially exceeded the $1.99 consensus estimate, while revenue rose 4.8% year over year to $1.27 billion. Management also guided to Q3 2026 EPS of $2.90–$3.20 and full-year EPS of $13.10–$13.60.
• Neutral Sentiment: Zacks modestly lowered its Q1 2028 EPS forecast to $1.61 from $1.64 and Q1 2029 EPS to $1.72 from $1.76. However, the firm still projects FY2028 EPS growth and retains its “Strong Buy” rating.
• Neutral Sentiment: Analyst sentiment remains constructive overall, with a consensus “Moderate Buy” rating and an average price target of $155.38, close to the stock’s recent trading range.
• Negative Sentiment: COO Scott Lipesky sold 2,000 shares for approximately $293,640, reducing his position by 1.36%. The sale is a modest insider-confidence caution, although he continues to own about 145,534 shares.

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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