Q3 Earnings Forecast for ANF Issued By Telsey Advisory Group

Key Points

• Telsey Advisory Group has revised its Q3 2026 EPS estimate for Abercrombie & Fitch down to $2.25 from $2.59, while maintaining an "Outperform" rating and a price objective of $125.00.
• The company reported Q2 earnings of $2.32 EPS, exceeding the consensus estimate by $0.05, with revenue reaching $1.21 billion, up 6.6% year-over-year.
• Abercrombie & Fitch's stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $115.25, with several analysts adjusting their price targets recently.

Abercrombie & Fitch Company (NYSE:ANF - Free Report) - Stock analysts at Telsey Advisory Group lowered their Q3 2026 earnings per share estimates for shares of Abercrombie & Fitch in a research note issued to investors on Thursday, August 28th. Telsey Advisory Group analyst D. Telsey now forecasts that the apparel retailer will post earnings of $2.25 per share for the quarter, down from their prior forecast of $2.59. Telsey Advisory Group has a "Outperform" rating and a $125.00 price target on the stock. The consensus estimate for Abercrombie & Fitch's current full-year earnings is $10.62 per share.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last announced its quarterly earnings results on Wednesday, August 27th. The apparel retailer reported $2.32 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.27 by $0.05. Abercrombie & Fitch had a return on equity of 40.02% and a net margin of 10.61%.The company had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same quarter in the previous year, the business earned $2.50 EPS. Abercrombie & Fitch's revenue was up 6.6% compared to the same quarter last year. Abercrombie & Fitch has set its FY 2025 guidance at 10.000-10.500 EPS. Q3 2025 guidance at 2.050-2.250 EPS.

A number of other research analysts also recently weighed in on ANF. Jefferies Financial Group reduced their target price on Abercrombie & Fitch from $170.00 to $135.00 and set a "buy" rating on the stock in a report on Wednesday, May 21st. Barclays set a $84.00 target price on Abercrombie & Fitch and gave the stock an "equal weight" rating in a report on Thursday, May 29th. Citigroup reiterated a "neutral" rating and set a $105.00 target price on shares of Abercrombie & Fitch in a report on Wednesday, August 20th. Raymond James Financial set a $105.00 target price on Abercrombie & Fitch and gave the stock an "outperform" rating in a report on Thursday, August 28th. Finally, Morgan Stanley set a $93.00 target price on Abercrombie & Fitch in a report on Thursday, August 28th. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $115.25.

Abercrombie & Fitch Price Performance

NYSE:ANF traded up $1.80 during mid-day trading on Monday, reaching $95.28. 1,661,672 shares of the company's stock traded hands, compared to its average volume of 2,101,159. Abercrombie & Fitch has a 12-month low of $65.40 and a 12-month high of $167.71. The firm has a market capitalization of $4.54 billion, a price-to-earnings ratio of 9.01 and a beta of 1.44. The company has a 50 day moving average price of $94.46 and a 200-day moving average price of $84.40.

Insider Activity at Abercrombie & Fitch

In related news, Director James A. Goldman sold 5,072 shares of the company's stock in a transaction that occurred on Friday, August 29th. The stock was sold at an average price of $96.18, for a total value of $487,824.96. Following the sale, the director owned 7,565 shares in the company, valued at $727,601.70. This represents a 40.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Jay Rust sold 1,500 shares of the company's stock in a transaction that occurred on Friday, August 29th. The stock was sold at an average price of $93.15, for a total value of $139,725.00. Following the completion of the sale, the executive vice president owned 6,648 shares in the company, valued at $619,261.20. The trade was a 18.41% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 2.29% of the company's stock.

Institutional Trading of Abercrombie & Fitch

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Cambridge Investment Research Advisors Inc. grew its stake in shares of Abercrombie & Fitch by 197.2% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 14,647 shares of the apparel retailer's stock worth $1,119,000 after buying an additional 9,719 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of Abercrombie & Fitch by 11.1% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 7,013 shares of the apparel retailer's stock worth $536,000 after buying an additional 698 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of Abercrombie & Fitch by 81.5% in the 1st quarter. GAMMA Investing LLC now owns 1,917 shares of the apparel retailer's stock worth $146,000 after buying an additional 861 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new position in Abercrombie & Fitch in the 1st quarter valued at approximately $144,000. Finally, LPL Financial LLC lifted its position in Abercrombie & Fitch by 99.3% in the 1st quarter. LPL Financial LLC now owns 31,114 shares of the apparel retailer's stock valued at $2,376,000 after acquiring an additional 15,500 shares in the last quarter.

About Abercrombie & Fitch

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.