Q2 EPS Estimate for Abercrombie & Fitch Decreased by Analyst

Abercrombie & Fitch Co. (NYSE:ANF - Free Report) - Equities researchers at William Blair lowered their Q2 2026 earnings estimates for shares of Abercrombie & Fitch in a report issued on Wednesday, May 28th. William Blair analyst D. Carden now forecasts that the apparel retailer will earn $2.22 per share for the quarter, down from their prior forecast of $2.55. The consensus estimate for Abercrombie & Fitch's current full-year earnings is $10.62 per share. William Blair also issued estimates for Abercrombie & Fitch's Q1 2027 earnings at $1.67 EPS.

ANF has been the topic of a number of other reports. Wall Street Zen lowered shares of Abercrombie & Fitch from a "buy" rating to a "hold" rating in a report on Sunday, March 9th. Barclays set a $84.00 price target on Abercrombie & Fitch and gave the company an "equal weight" rating in a research note on Thursday, May 29th. Raymond James lowered their price objective 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. JPMorgan Chase & Co. raised their target price on Abercrombie & Fitch from $142.00 to $147.00 and gave the stock an "overweight" rating in a research report on Thursday, May 29th. Finally, Jefferies Financial Group lowered their price target on Abercrombie & Fitch from $170.00 to $135.00 and set a "buy" rating for the company in a report on Wednesday, May 21st. Four equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $111.38.

Abercrombie & Fitch Trading Down 1.9%

NYSE:ANF traded down $1.47 during mid-day trading on Monday, hitting $76.87. The stock had a trading volume of 2,455,571 shares, compared to its average volume of 2,659,594. Abercrombie & Fitch has a twelve month low of $65.40 and a twelve month high of $194.38. The stock has a 50-day simple moving average of $74.56 and a two-hundred day simple moving average of $106.71. The company has a market capitalization of $3.66 billion, a PE ratio of 7.60 and a beta of 1.47.

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

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

Institutional Trading of Abercrombie & Fitch

A number of large investors have recently bought and sold shares of ANF. Empirical Finance LLC raised its holdings in shares of Abercrombie & Fitch by 87.2% in the fourth quarter. Empirical Finance LLC now owns 8,818 shares of the apparel retailer's stock valued at $1,318,000 after buying an additional 4,108 shares during the last quarter. Rhumbline Advisers increased its position in Abercrombie & Fitch by 3.1% in the 4th quarter. Rhumbline Advisers now owns 158,554 shares of the apparel retailer's stock valued at $23,699,000 after acquiring an additional 4,837 shares during the period. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in Abercrombie & Fitch during the 4th quarter valued at approximately $12,406,000. Empowered Funds LLC lifted its position in Abercrombie & Fitch by 108.9% during the 4th quarter. Empowered Funds LLC now owns 124,115 shares of the apparel retailer's stock worth $18,551,000 after acquiring an additional 64,708 shares during the period. Finally, KBC Group NV grew its stake in shares of Abercrombie & Fitch by 778.9% in the 4th quarter. KBC Group NV now owns 11,232 shares of the apparel retailer's stock valued at $1,679,000 after purchasing an additional 9,954 shares during 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.