FY2027 Earnings Estimate for ANF Issued By William Blair

Abercrombie & Fitch Co. (NYSE:ANF) – Stock analysts at William Blair issued their FY2027 EPS estimates for shares of Abercrombie & Fitch in a research note issued to investors on Monday, January 6th. William Blair analyst D. Carden forecasts that the apparel retailer will post earnings per share of $9.59 for the year. The consensus estimate for Abercrombie & Fitch’s current full-year earnings is $10.61 per share.

Abercrombie & Fitch (NYSE:ANF) last issued its earnings results on Tuesday, November 26th. The apparel retailer reported $2.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.32 by $0.18. The company had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Abercrombie & Fitch had a net margin of 11.16% and a return on equity of 46.50%. The firm’s quarterly revenue was up 14.4% on a year-over-year basis. During the same quarter last year, the company posted $1.83 earnings per share.

A number of other equities research analysts also recently issued reports on ANF. Morgan Stanley boosted their price target on Abercrombie & Fitch from $147.00 to $149.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 27th. UBS Group raised shares of Abercrombie & Fitch from a “neutral” rating to a “buy” rating and upped their target price for the company from $173.00 to $220.00 in a report on Friday. Telsey Advisory Group reiterated an “outperform” rating and set a $190.00 price target on shares of Abercrombie & Fitch in a research note on Tuesday, November 26th. StockNews.com lowered Abercrombie & Fitch from a “buy” rating to a “hold” rating in a research note on Friday, December 20th. Finally, JPMorgan Chase & Co. lifted their target price on Abercrombie & Fitch from $201.00 to $204.00 and gave the company an “overweight” rating in a research report on Friday, December 20th. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, Abercrombie & Fitch has a consensus rating of “Moderate Buy” and a consensus price target of $185.38.

Abercrombie & Fitch Price Performance

ANF stock opened at $161.54 on Thursday. The company has a market cap of $8.14 billion, a P/E ratio of 15.98 and a beta of 1.52. Abercrombie & Fitch has a 1 year low of $95.47 and a 1 year high of $196.99. The stock’s fifty day moving average price is $147.39 and its 200-day moving average price is $150.37.

Insiders Place Their Bets

In other news, EVP Samir Desai sold 5,926 shares of the business’s stock in a transaction on Friday, November 29th. The shares were sold at an average price of $148.51, for a total value of $880,070.26. Following the transaction, the executive vice president now owns 22,059 shares of the company’s stock, valued at approximately $3,275,982.09. The trade was a 21.18 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Suzanne M. Coulter sold 2,870 shares of the firm’s stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $160.00, for a total transaction of $459,200.00. Following the transaction, the director now directly owns 6,405 shares of the company’s stock, valued at $1,024,800. The trade was a 30.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 17,401 shares of company stock worth $2,631,741. Corporate insiders own 2.58% of the company’s stock.

Institutional Investors Weigh In On Abercrombie & Fitch

Several large investors have recently made changes to their positions in the company. Everence Capital Management Inc. purchased a new position in Abercrombie & Fitch during the 4th quarter valued at approximately $212,000. Mutual of America Capital Management LLC grew its holdings in shares of Abercrombie & Fitch by 228.9% in the third quarter. Mutual of America Capital Management LLC now owns 27,621 shares of the apparel retailer’s stock valued at $3,864,000 after purchasing an additional 19,222 shares in the last quarter. Public Sector Pension Investment Board increased its position in Abercrombie & Fitch by 8.8% in the second quarter. Public Sector Pension Investment Board now owns 112,381 shares of the apparel retailer’s stock worth $19,986,000 after purchasing an additional 9,061 shares during the last quarter. Y Intercept Hong Kong Ltd raised its stake in Abercrombie & Fitch by 115.8% during the third quarter. Y Intercept Hong Kong Ltd now owns 25,483 shares of the apparel retailer’s stock valued at $3,565,000 after purchasing an additional 13,677 shares in the last quarter. Finally, Zacks Investment Management bought a new position in Abercrombie & Fitch during the third quarter valued at $3,027,000.

Abercrombie & Fitch Company Profile

Abercrombie & Fitch Co, through its subsidiaries, operates as an omnichannel retailer in the United States, Europe, the Middle East, Asia, the Asia-Pacific, Canada, and internationally. The company offers an assortment of apparel, personal care products, and accessories for men, women, and kids under the Abercrombie & Fitch, abercrombie kids, Hollister, and Gilly Hicks brands.