Zacks Research Issues Negative Estimate for ANF Earnings

Key Points

• Analysts at Zacks Research have lowered Abercrombie & Fitch's Q3 2026 EPS estimate from $2.57 to $2.21, while the consensus for the full year remains at $10.62 per share.
• The company reported $2.32 earnings per share for the most recent quarter, exceeding expectations, and achieved a revenue increase of 6.6% year-over-year.
• Several research firms have varying price targets for the stock, with Barclays setting it at $84.00 and Telsey Advisory Group at $125.00, contributing to a consensus rating of "Moderate Buy."

Abercrombie & Fitch Company (NYSE:ANF - Free Report) - Analysts at Zacks Research decreased their Q3 2026 earnings estimates for shares of Abercrombie & Fitch in a report issued on Wednesday, September 10th. Zacks Research analyst Team now expects that the apparel retailer will earn $2.21 per share for the quarter, down from their previous estimate of $2.57. The consensus estimate for Abercrombie & Fitch's current full-year earnings is $10.62 per share.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last issued its earnings results on Wednesday, August 27th. The apparel retailer reported $2.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.27 by $0.05. Abercrombie & Fitch had a net margin of 10.61% and a return on equity of 40.02%. The business had revenue of $1.21 billion during the quarter, compared to analysts' expectations of $1.19 billion. During the same quarter in the prior year, the business posted $2.50 EPS. The company's revenue for the quarter was up 6.6% on a year-over-year basis. 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 brokerages have also recently weighed in on ANF. Barclays set a $84.00 price target on shares of Abercrombie & Fitch and gave the stock an "equal weight" rating in a research note on Thursday, May 29th. Citigroup reiterated a "neutral" rating and set a $105.00 price target on shares of Abercrombie & Fitch in a research note on Wednesday, August 20th. Raymond James Financial set a $105.00 price target on shares of Abercrombie & Fitch and gave the stock an "outperform" rating in a research note on Thursday, August 28th. Morgan Stanley set a $93.00 price objective on shares of Abercrombie & Fitch in a research report on Thursday, August 28th. Finally, Telsey Advisory Group restated an "outperform" rating and set a $125.00 price objective on shares of Abercrombie & Fitch in a research report on Friday. Five research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $115.25.

Abercrombie & Fitch Stock Down 1.1%

NYSE:ANF traded down $0.94 during trading hours on Friday, reaching $86.68. 1,769,313 shares of the company's stock were exchanged, compared to its average volume of 2,410,972. The firm has a market capitalization of $4.08 billion, a price-to-earnings ratio of 8.20 and a beta of 1.44. The company has a 50-day moving average of $94.93 and a 200 day moving average of $83.74. Abercrombie & Fitch has a 1-year low of $65.40 and a 1-year high of $167.71.

Insider Buying and Selling at Abercrombie & Fitch

In other Abercrombie & Fitch news, Director Kenneth B. Robinson sold 1,392 shares of the firm's stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $94.60, for a total transaction of $131,683.20. Following the completion of the transaction, the director directly owned 5,880 shares in the company, valued at approximately $556,248. This trade represents a 19.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Jay Rust sold 1,500 shares of the firm's stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $93.15, for a total transaction of $139,725.00. Following the transaction, the executive vice president owned 6,648 shares of the company's stock, valued at $619,261.20. This trade represents a 18.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 7,964 shares of company stock worth $759,233. 2.29% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Abercrombie & Fitch

Several hedge funds have recently modified their holdings of ANF. Deutsche Bank AG boosted its stake in shares of Abercrombie & Fitch by 27.1% during the 4th quarter. Deutsche Bank AG now owns 50,221 shares of the apparel retailer's stock worth $7,507,000 after purchasing an additional 10,698 shares during the last quarter. Lazard Asset Management LLC raised its holdings in Abercrombie & Fitch by 21.1% in the fourth quarter. Lazard Asset Management LLC now owns 43,674 shares of the apparel retailer's stock valued at $6,526,000 after buying an additional 7,618 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Abercrombie & Fitch by 3.9% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 28,625 shares of the apparel retailer's stock valued at $4,279,000 after buying an additional 1,077 shares during the period. Nuveen Asset Management LLC raised its holdings in Abercrombie & Fitch by 6.4% in the fourth quarter. Nuveen Asset Management LLC now owns 552,374 shares of the apparel retailer's stock valued at $82,563,000 after buying an additional 33,309 shares during the period. Finally, ProShare Advisors LLC raised its holdings in Abercrombie & Fitch by 41.1% in the fourth quarter. ProShare Advisors LLC now owns 16,555 shares of the apparel retailer's stock valued at $2,474,000 after buying an additional 4,823 shares during the period.

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.