Abercrombie & Fitch (NYSE:ANF) Reaches New 12-Month High - Should You Buy?

Key Points

• Abercrombie & Fitch shares reached a new 52-week high of $167.05, supported by strong recent earnings. The company reported quarterly EPS of $4.17 versus the $1.99 consensus estimate, while revenue rose 4.8% year over year to $1.27 billion.
• Analysts hold a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $157.21, though that target is below the stock’s current price. Individual targets range from $156 to $181.
• Insiders have sold shares recently, including 62,800 shares worth approximately $8.5 million over the last quarter, while several institutional investors established or increased positions in the company.

Abercrombie & Fitch Company (NYSE:ANF - Get Free Report) shares reached a new 52-week high during mid-day trading on Tuesday. The stock traded as high as $167.05 and last traded at $166.37, with a volume of 535,765 shares trading hands. The stock had previously closed at $164.73.

Wall Street Analysts Forecast Growth

Several analysts have commented on ANF shares. The Goldman Sachs Group set a $160.00 price target on shares of Abercrombie & Fitch in a research note on Thursday, August 27th. Citigroup lowered Abercrombie & Fitch from a "buy" rating to a "neutral" rating and boosted their price target for the stock from $135.00 to $156.00 in a research report on Thursday, August 27th. BMO Capital Markets assumed coverage on Abercrombie & Fitch in a research report on Tuesday, September 8th. They issued an "outperform" rating and a $170.00 price objective for the company. Argus raised Abercrombie & Fitch from a "hold" rating to a "buy" rating and set a $162.00 price target for the company in a research report on Monday, August 31st. Finally, Wolfe Research started coverage on Abercrombie & Fitch in a research report on Wednesday, October 21st. They set an "outperform" rating and a $181.00 price target for the company. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $157.21.

Abercrombie & Fitch Stock Performance

The stock's 50-day moving average is $139.27 and its two-hundred day moving average is $104.07. The stock has a market cap of $7.08 billion, a PE ratio of 14.30, a PEG ratio of 1.36 and a beta of 1.02.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last released its earnings results on Wednesday, August 26th. The apparel retailer reported $4.17 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.99 by $2.18. The company had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.25 billion. Abercrombie & Fitch had a net margin of 10.03% and a return on equity of 33.52%. The firm's quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the business earned $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. Analysts forecast that Abercrombie & Fitch Company will post 11.42 EPS for the current year.

Insider Transactions at Abercrombie & Fitch

In other news, Director Kenneth B. Robinson sold 800 shares of the firm's stock in a transaction on Friday, August 28th. The stock was sold at an average price of $149.69, for a total transaction of $119,752.00. Following the sale, the director owned 7,169 shares in the company, valued at $1,073,127.61. This trade represents a 10.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO Scott D. Lipesky sold 10,000 shares of the stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $115.00, for a total value of $1,150,000.00. Following the transaction, the chief operating officer owned 152,534 shares in the company, valued at $17,541,410. This trade represents a 6.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 62,800 shares of company stock worth $8,545,392. Corporate insiders own 2.33% of the company's stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Maven Securities LTD acquired a new position in Abercrombie & Fitch during the 2nd quarter valued at approximately $1,108,000. Paralel Advisors LLC acquired a new stake in shares of Abercrombie & Fitch during the second quarter worth $2,278,000. Pacer Advisors Inc. grew its position in Abercrombie & Fitch by 31.7% during the 1st quarter. Pacer Advisors Inc. now owns 189,757 shares of the apparel retailer's stock worth $17,338,000 after purchasing an additional 45,654 shares in the last quarter. Baird Financial Group Inc. acquired a new stake in shares of Abercrombie & Fitch during the second quarter worth approximately $20,035,000. Finally, Engineers Gate Manager LP acquired a new stake in shares of Abercrombie & Fitch during the 2nd quarter valued at about $703,000.

Abercrombie & Fitch Company Profile

Abercrombie & Fitch Co is a global specialty retailer that sells apparel, accessories and personal-care products through stores and digital channels. Its portfolio includes Abercrombie & Fitch, abercrombie kids, Hollister and Gilly Hicks, with products designed for consumers across a range of life stages and lifestyles.

The company's offerings include casual clothing, denim, dresses, tops, outerwear, intimates, activewear, swimwear, footwear, accessories and fragrances. Abercrombie & Fitch serves customers through company-operated and franchise stores, as well as branded websites and other digital platforms, in the United States and selected international markets.

Founded in 1892 as an outdoor and sporting-goods retailer, the company later developed into a fashion retailer focused on casual apparel.

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