Zacks Research Has Pessimistic Outlook of ANF Q3 Earnings

Abercrombie & Fitch Co. (NYSE:ANF - Free Report) - Analysts at Zacks Research decreased their Q3 2026 earnings estimates for Abercrombie & Fitch in a research note issued to investors on Wednesday, June 11th. Zacks Research analyst R. Lohia now forecasts that the apparel retailer will earn $2.57 per share for the quarter, down from their previous estimate of $2.80. The consensus estimate for Abercrombie & Fitch's current full-year earnings is $10.62 per share. Zacks Research also issued estimates for Abercrombie & Fitch's Q4 2026 earnings at $3.77 EPS, FY2026 earnings at $10.18 EPS, Q1 2027 earnings at $1.66 EPS, Q2 2027 earnings at $2.47 EPS, Q3 2027 earnings at $2.64 EPS and Q1 2028 earnings at $1.59 EPS.

Other research analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. reduced their price target on shares of Abercrombie & Fitch from $147.00 to $141.00 and set an "overweight" rating for the company in a report on Monday. Morgan Stanley upped their price target on shares of Abercrombie & Fitch from $78.00 to $82.00 and gave the company an "equal weight" rating in a report on Thursday, May 29th. Barclays set a $84.00 price target on shares of Abercrombie & Fitch and gave the company an "equal weight" rating in a report on Thursday, May 29th. Citigroup reiterated a "buy" rating on shares of Abercrombie & Fitch in a report on Wednesday, May 28th. Finally, Jefferies Financial Group reduced their price target on shares of Abercrombie & Fitch from $170.00 to $135.00 and set a "buy" rating for the company in a report on Wednesday, May 21st. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $110.63.

Abercrombie & Fitch Price Performance

Shares of Abercrombie & Fitch stock traded up $0.35 on Friday, hitting $75.01. The company had a trading volume of 2,327,222 shares, compared to its average volume of 2,164,455. The firm has a market capitalization of $3.57 billion, a P/E ratio of 7.42 and a beta of 1.47. Abercrombie & Fitch has a twelve month low of $65.40 and a twelve month high of $189.00. The stock has a 50-day moving average of $75.44 and a 200-day moving average of $101.96.

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

Abercrombie & Fitch announced that its Board of Directors has approved a share repurchase plan on Wednesday, March 5th that permits the company to repurchase $1.30 billion in shares. This repurchase authorization permits the apparel retailer to buy up to 29.5% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board of directors believes its stock is undervalued.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. SBI Securities Co. Ltd. acquired a new position in Abercrombie & Fitch during the fourth quarter worth $27,000. UMB Bank n.a. lifted its stake in Abercrombie & Fitch by 161.4% in the first quarter. UMB Bank n.a. now owns 583 shares of the apparel retailer's stock valued at $45,000 after acquiring an additional 360 shares during the last quarter. Versant Capital Management Inc lifted its stake in Abercrombie & Fitch by 55.6% in the first quarter. Versant Capital Management Inc now owns 728 shares of the apparel retailer's stock valued at $56,000 after acquiring an additional 260 shares during the last quarter. Private Trust Co. NA lifted its stake in Abercrombie & Fitch by 30.9% in the fourth quarter. Private Trust Co. NA now owns 415 shares of the apparel retailer's stock valued at $62,000 after acquiring an additional 98 shares during the last quarter. Finally, IFP Advisors Inc lifted its stake in Abercrombie & Fitch by 166.7% in the first quarter. IFP Advisors Inc now owns 848 shares of the apparel retailer's stock valued at $65,000 after acquiring an additional 530 shares during the last quarter.

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.