Q2 EPS Estimate for Abercrombie & Fitch Decreased by Analyst

Abercrombie & Fitch Co. (NYSE:ANF - Free Report) - Equities research analysts at Telsey Advisory Group cut their Q2 2026 earnings per share (EPS) estimates for shares of Abercrombie & Fitch in a report released on Thursday, May 29th. Telsey Advisory Group analyst D. Telsey now expects that the apparel retailer will post earnings of $2.30 per share for the quarter, down from their previous forecast of $2.59. Telsey Advisory Group currently has a "Outperform" rating and a $125.00 target price on the stock. The consensus estimate for Abercrombie & Fitch's current full-year earnings is $10.62 per share. Telsey Advisory Group also issued estimates for Abercrombie & Fitch's 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 brokerages also recently issued reports on ANF. JPMorgan Chase & Co. upped their price target on shares of Abercrombie & Fitch from $142.00 to $147.00 and gave the company an "overweight" rating in a report on Thursday. Morgan Stanley upped their target price on Abercrombie & Fitch from $78.00 to $82.00 and gave the company an "equal weight" rating in a research note on Thursday. Barclays set a $84.00 target price on Abercrombie & Fitch and gave the company an "equal weight" rating in a research note on Thursday. UBS Group reaffirmed a "buy" rating on shares of Abercrombie & Fitch in a research note on Wednesday. Finally, Wall Street Zen downgraded Abercrombie & Fitch from a "buy" rating to a "hold" rating in a research report on Sunday, March 9th. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $111.38.

Abercrombie & Fitch Stock Down 5.6%

Shares of Abercrombie & Fitch stock traded down $4.66 on Friday, hitting $78.38. The company's stock had a trading volume of 5,018,822 shares, compared to its average volume of 2,124,106. Abercrombie & Fitch has a 52-week low of $65.40 and a 52-week high of $194.38. The firm has a fifty day moving average price of $74.51 and a 200-day moving average price of $107.43. The company has a market capitalization of $3.73 billion, a P/E ratio of 7.75 and a beta of 1.47.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last posted its earnings results on Wednesday, May 28th. The apparel retailer reported $1.59 EPS for the quarter, topping analysts' consensus estimates of $1.35 by $0.24. The company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.08 billion. Abercrombie & Fitch had a return on equity of 46.50% and a net margin of 11.16%. Abercrombie & Fitch's quarterly revenue was up 7.5% compared to the same quarter last year. During the same period in the previous year, the business earned $2.14 earnings per share.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Janney Montgomery Scott LLC increased its stake in Abercrombie & Fitch by 96.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 22,827 shares of the apparel retailer's stock valued at $3,412,000 after purchasing an additional 11,208 shares during the last quarter. Fifth Third Bancorp increased its stake in shares of 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 acquiring an additional 132 shares during the last quarter. KBC Group NV increased its stake in shares of Abercrombie & Fitch by 778.9% during the 4th quarter. KBC Group NV now owns 11,232 shares of the apparel retailer's stock valued at $1,679,000 after acquiring an additional 9,954 shares during the last quarter. Pacer Advisors Inc. increased its stake in shares of Abercrombie & Fitch by 33.3% during the 4th quarter. Pacer Advisors Inc. now owns 15,751 shares of the apparel retailer's stock valued at $2,354,000 after acquiring an additional 3,934 shares during the last quarter. Finally, Foundations Investment Advisors LLC acquired a new position in shares of Abercrombie & Fitch during the 4th quarter valued at about $206,000.

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

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.