Q3 EPS Forecast for Abercrombie & Fitch Reduced by Analyst

Abercrombie & Fitch Co. (NYSE:ANF - Free Report) - Analysts at Telsey Advisory Group cut their Q3 2026 earnings per share (EPS) estimates for Abercrombie & Fitch in a note issued to investors on Thursday, May 29th. Telsey Advisory Group analyst D. Telsey now expects that the apparel retailer will post earnings per share of $2.59 for the quarter, down from their prior forecast of $3.01. 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 Q4 2026 earnings at $3.85 EPS, FY2026 earnings at $10.30 EPS and FY2027 earnings at $11.22 EPS.

Several other research analysts have also issued reports on the company. Wall Street Zen lowered Abercrombie & Fitch from a "buy" rating to a "hold" rating in a research report on Sunday, March 9th. JPMorgan Chase & Co. upped their price objective on Abercrombie & Fitch from $142.00 to $147.00 and gave the company an "overweight" rating in a research report on Thursday, May 29th. Raymond James decreased their target price on Abercrombie & Fitch from $110.00 to $90.00 and set an "outperform" rating for the company in a research report on Tuesday, May 27th. Barclays set a $84.00 target price on shares of Abercrombie & Fitch and gave the company an "equal weight" rating in a research note on Thursday, May 29th. Finally, Morgan Stanley upped their price target on shares of Abercrombie & Fitch from $78.00 to $82.00 and gave the stock an "equal weight" rating in a report on Thursday, May 29th. Four analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $111.38.

Abercrombie & Fitch Trading Down 1.9%

Shares of ANF stock traded down $1.47 during trading hours on Monday, reaching $76.87. 2,455,571 shares of the stock were exchanged, compared to its average volume of 2,659,594. The firm has a market capitalization of $3.66 billion, a price-to-earnings ratio of 7.60 and a beta of 1.47. Abercrombie & Fitch has a 12-month low of $65.40 and a 12-month high of $194.38. The company's 50-day moving average price is $74.56 and its 200-day moving average price is $106.71.

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

Abercrombie & Fitch declared that its Board of Directors has initiated a share buyback plan on Wednesday, March 5th that authorizes the company to repurchase $1.30 billion in outstanding shares. This repurchase authorization authorizes the apparel retailer to repurchase up to 29.5% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's management believes its stock is undervalued.

Institutional Trading of Abercrombie & Fitch

Several institutional investors and hedge funds have recently made changes to their positions in the company. Private Trust Co. NA increased its position in Abercrombie & Fitch by 30.9% during the 4th quarter. Private Trust Co. NA now owns 415 shares of the apparel retailer's stock valued at $62,000 after purchasing an additional 98 shares during the period. Virtue Capital Management LLC boosted its stake in shares of Abercrombie & Fitch by 1.3% during the fourth quarter. Virtue Capital Management LLC now owns 8,221 shares of the apparel retailer's stock valued at $1,229,000 after purchasing an additional 102 shares in the last quarter. Evergreen Capital Management LLC increased its holdings in Abercrombie & Fitch by 2.0% during the fourth quarter. Evergreen Capital Management LLC now owns 5,460 shares of the apparel retailer's stock valued at $816,000 after buying an additional 108 shares during the period. Arizona State Retirement System raised its stake in Abercrombie & Fitch by 0.8% in the fourth quarter. Arizona State Retirement System now owns 14,831 shares of the apparel retailer's stock worth $2,217,000 after buying an additional 115 shares in the last quarter. Finally, Atria Investments Inc lifted its holdings in Abercrombie & Fitch by 7.4% during the fourth quarter. Atria Investments Inc now owns 1,679 shares of the apparel retailer's stock worth $251,000 after buying an additional 115 shares during the period.

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.