William Blair Issues Pessimistic Estimate for ANF Earnings

Key Points

• William Blair has revised its Q3 2026 earnings per share estimate for Abercrombie & Fitch from $2.51 to $2.17.
• Despite the lowered forecast, Abercrombie & Fitch reported a Q2 EPS of $2.32, exceeding expectations by $0.05.
• Analysts maintain an average rating of "Moderate Buy" for Abercrombie & Fitch, with a target price of $115.25.

Abercrombie & Fitch Company (NYSE:ANF - Free Report) - Investment analysts at William Blair decreased their Q3 2026 earnings estimates for Abercrombie & Fitch in a research note issued to investors on Thursday, August 28th. William Blair analyst D. Carden now forecasts that the apparel retailer will earn $2.17 per share for the quarter, down from their previous forecast of $2.51. 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 $1.41 EPS, Q3 2027 earnings at $2.12 EPS, Q4 2027 earnings at $3.82 EPS and FY2027 earnings at $9.52 EPS.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last posted its quarterly earnings data on Wednesday, August 27th. The apparel retailer reported $2.32 EPS for the quarter, beating analysts' consensus estimates of $2.27 by $0.05. The company had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.19 billion. Abercrombie & Fitch had a net margin of 10.61% and a return on equity of 40.02%. Abercrombie & Fitch's quarterly revenue was up 6.6% on a year-over-year basis. During the same period in the previous year, the business posted $2.50 earnings per share. 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 firms have also commented on ANF. Morgan Stanley set a $93.00 price objective on shares of Abercrombie & Fitch in a research note on Thursday, August 28th. Telsey Advisory Group restated an "outperform" rating and issued a $125.00 price objective on shares of Abercrombie & Fitch in a research note on Wednesday, August 27th. Citigroup restated a "neutral" rating and issued a $105.00 price objective on shares of Abercrombie & Fitch in a research note on Wednesday, August 20th. JPMorgan Chase & Co. reduced their target price on shares of Abercrombie & Fitch from $151.00 to $145.00 and set an "overweight" rating for the company in a research note on Thursday, August 28th. Finally, UBS Group restated a "buy" rating on shares of Abercrombie & Fitch in a research note on Wednesday, May 28th. Five equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $115.25.

Abercrombie & Fitch Stock Performance

NYSE ANF traded up $1.17 during trading on Monday, reaching $93.62. The company's stock had a trading volume of 942,942 shares, compared to its average volume of 2,435,740. The firm has a market cap of $4.46 billion, a price-to-earnings ratio of 8.87 and a beta of 1.44. Abercrombie & Fitch has a twelve month low of $65.40 and a twelve month high of $167.71. The business's fifty day moving average price is $93.94 and its 200-day moving average price is $84.62.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in ANF. NewEdge Advisors LLC raised its position in Abercrombie & Fitch by 181.6% during the second quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer's stock worth $29,000 after acquiring an additional 227 shares during the last quarter. Ameritas Advisory Services LLC purchased a new position in shares of Abercrombie & Fitch during the 2nd quarter worth approximately $38,000. UMB Bank n.a. increased its stake in shares of Abercrombie & Fitch by 161.4% during the 1st quarter. UMB Bank n.a. now owns 583 shares of the apparel retailer's stock worth $45,000 after purchasing an additional 360 shares in the last quarter. Versant Capital Management Inc raised its position in shares of Abercrombie & Fitch by 55.6% during the 1st quarter. Versant Capital Management Inc now owns 728 shares of the apparel retailer's stock worth $56,000 after purchasing an additional 260 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in Abercrombie & Fitch by 392.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 714 shares of the apparel retailer's stock valued at $59,000 after buying an additional 569 shares in the last quarter.

Insider Activity

In other Abercrombie & Fitch news, Director James A. Goldman sold 5,072 shares of the company's stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $96.18, for a total transaction of $487,824.96. Following the transaction, the director directly owned 7,565 shares in the company, valued at approximately $727,601.70. This represents a 40.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Jay Rust sold 1,500 shares of the company's stock in a transaction dated Friday, August 29th. The stock was 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 in the company, valued at $619,261.20. The trade was a 18.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 2.29% of the company's stock.

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.