Abercrombie & Fitch (NYSE:ANF) Stock Price Breaks Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• Abercrombie & Fitch shares broke above their 200-day moving average, reaching $134.88 and last trading at $133.57, versus a 200-day average of $99.64.
• Analyst sentiment remains positive, with a consensus rating of “Moderate Buy” and an average price target of $155.38; recent targets range from $126 to $162.
• The company delivered strong quarterly results, reporting $4.17 in EPS versus $1.99 expected and 4.8% year-over-year revenue growth, though insiders sold 72,800 shares worth about $9.6 million during the last quarter.

Abercrombie & Fitch Company (NYSE:ANF - Get Free Report) crossed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $99.64 and traded as high as $134.88. Abercrombie & Fitch shares last traded at $133.57, with a volume of 1,144,532 shares changing hands.

Analyst Ratings Changes

Several brokerages have recently commented on ANF. Barclays boosted their target price on shares of Abercrombie & Fitch from $114.00 to $155.00 and gave the company an "equal weight" rating in a research note on Thursday, August 27th. Argus raised shares of Abercrombie & Fitch from a "hold" rating to a "buy" rating and set a $162.00 price target for the company in a report on Monday, August 31st. Morgan Stanley boosted their price target on shares of Abercrombie & Fitch from $87.00 to $134.00 and gave the company an "equal weight" rating in a research report on Thursday, August 27th. JPMorgan Chase & Co. upped their price objective 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, Wall Street Zen raised shares of Abercrombie & Fitch from a "hold" rating to a "buy" rating in a report on Saturday, September 12th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, Abercrombie & Fitch has an average rating of "Moderate Buy" and an average target price of $155.38.

Abercrombie & Fitch Trading Down 0.5%

The firm's 50 day moving average price is $123.70 and its 200-day moving average price is $99.64. The company has a market cap of $5.67 billion, a P/E ratio of 11.44, a price-to-earnings-growth ratio of 1.17 and a beta of 0.97.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last posted its quarterly earnings results on Wednesday, August 26th. The apparel retailer reported $4.17 earnings per share for the quarter, topping 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 business had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.25 billion. During the same period in the previous year, the firm posted $2.91 earnings per share. Abercrombie & Fitch's revenue for the quarter 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. Analysts predict that Abercrombie & Fitch Company will post 11.42 earnings per share for the current fiscal year.

Insider Buying and Selling at Abercrombie & Fitch

In other Abercrombie & Fitch news, Director Kenneth Robinson sold 800 shares of the company's stock in a transaction on Friday, August 28th. The shares were sold at an average price of $149.69, for a total transaction of $119,752.00. Following the completion of the sale, the director owned 7,169 shares in the company, valued at approximately $1,073,127.61. The trade was a 10.04% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Gregory Henchel sold 30,000 shares of the stock in a transaction on Friday, August 28th. The shares were sold at an average price of $146.65, for a total value of $4,399,500.00. Following the completion of the transaction, the executive vice president directly owned 33,681 shares in the company, valued at approximately $4,939,318.65. This trade represents a 47.11% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 72,800 shares of company stock worth $9,595,392 over the last quarter. 2.33% of the stock is currently owned by insiders.

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. QRG Capital Management Inc. lifted its stake in Abercrombie & Fitch by 11.2% in the second quarter. QRG Capital Management Inc. now owns 3,715 shares of the apparel retailer's stock valued at $334,000 after buying an additional 373 shares during the period. Sequoia Financial Advisors LLC grew its position in shares of Abercrombie & Fitch by 6.5% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 5,398 shares of the apparel retailer's stock worth $486,000 after buying an additional 329 shares during the period. Engineers Gate Manager LP acquired a new position in shares of Abercrombie & Fitch during the 2nd quarter worth about $703,000. Integrated Wealth Concepts LLC bought a new stake in shares of Abercrombie & Fitch in the 2nd quarter valued at about $86,000. Finally, Maven Securities LTD bought a new stake in shares of Abercrombie & Fitch in the 2nd quarter valued at about $1,108,000.

About Abercrombie & Fitch

Abercrombie & Fitch Co is a global, omnichannel specialty retailer that sells casual apparel, accessories and personal-care products through company-operated stores and digital channels. The company serves customers through its Abercrombie, abercrombie kids, Hollister and Gilly Hicks brands, which target a range of consumers and lifestyles.

Abercrombie & Fitch offers products including jeans, tops, dresses, outerwear, intimates, sleepwear, swimwear, accessories and fragrances. Its brands operate through retail locations and e-commerce platforms, with sales across North America, Europe, Asia and other international markets.

Founded in 1892 as an outdoor-goods retailer in New York City, the company later developed into a youth-focused apparel retailer and has since broadened its brand portfolio and customer appeal.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.