Abercrombie & Fitch Company (NYSE:ANF) Receives $117.55 Average PT from Brokerages

Shares of Abercrombie & Fitch Company (NYSE:ANFGet Free Report) have been assigned an average rating of “Moderate Buy” from the thirteen ratings firms that are presently covering the firm, Marketbeat.com reports. Five research analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $117.5455.

A number of analysts have recently issued reports on the company. UBS Group reaffirmed a “buy” rating and issued a $153.00 price target (up from $136.00) on shares of Abercrombie & Fitch in a research note on Wednesday. JPMorgan Chase & Co. increased their price objective on Abercrombie & Fitch from $107.00 to $110.00 and gave the company a “neutral” rating in a research note on Thursday, May 28th. Weiss Ratings restated a “hold (c)” rating on shares of Abercrombie & Fitch in a report on Tuesday, June 2nd. Barclays raised shares of Abercrombie & Fitch from an “underweight” rating to an “equal weight” rating and lifted their target price for the stock from $78.00 to $114.00 in a research note on Tuesday. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $124.00 target price on shares of Abercrombie & Fitch in a report on Wednesday.

Check Out Our Latest Research Report on ANF

Abercrombie & Fitch Stock Down 0.5%

ANF opened at $108.24 on Thursday. Abercrombie & Fitch has a twelve month low of $65.45 and a twelve month high of $133.11. The company has a 50-day moving average price of $95.58 and a 200 day moving average price of $90.90. The company has a market cap of $4.81 billion, a PE ratio of 10.39 and a beta of 0.90.

Abercrombie & Fitch (NYSE:ANFGet Free Report) last posted its quarterly earnings data on Wednesday, May 27th. The apparel retailer reported $1.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.26 by $0.21. Abercrombie & Fitch had a return on equity of 34.36% and a net margin of 9.34%.The company had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.12 billion. During the same period in the previous year, the firm posted $1.59 EPS. Abercrombie & Fitch’s revenue was up 1.5% compared to the same quarter last year. Abercrombie & Fitch has set its Q2 2026 guidance at 1.800-2.000 EPS and its FY 2026 guidance at 10.200-11.000 EPS. As a group, sell-side analysts expect that Abercrombie & Fitch will post 10.46 earnings per share for the current year.

Insiders Place Their Bets

In related news, COO Scott D. Lipesky sold 10,000 shares of the business’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $115.00, for a total transaction of $1,150,000.00. Following the transaction, the chief operating officer directly owned 152,534 shares in the company, valued at approximately $17,541,410. The trade was a 6.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders have sold 30,000 shares of company stock worth $3,300,000 in the last quarter. Insiders own 2.33% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of ANF. Intech Investment Management LLC raised its stake in Abercrombie & Fitch by 60.6% during the fourth quarter. Intech Investment Management LLC now owns 50,942 shares of the apparel retailer’s stock worth $6,412,000 after purchasing an additional 19,215 shares during the period. Vanguard Group Inc. boosted its holdings in Abercrombie & Fitch by 2.0% in the 4th quarter. Vanguard Group Inc. now owns 4,781,446 shares of the apparel retailer’s stock valued at $601,841,000 after purchasing an additional 94,697 shares during the last quarter. Royce & Associates LP purchased a new stake in shares of Abercrombie & Fitch in the 4th quarter valued at approximately $9,967,000. Allspring Global Investments Holdings LLC grew its stake in shares of Abercrombie & Fitch by 30.7% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 257,474 shares of the apparel retailer’s stock valued at $24,269,000 after buying an additional 60,454 shares during the period. Finally, Harel Insurance Investments & Financial Services Ltd. increased its holdings in shares of Abercrombie & Fitch by 300.0% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 41,600 shares of the apparel retailer’s stock worth $3,801,000 after buying an additional 31,200 shares during the last quarter.

About Abercrombie & Fitch

(Get Free Report)

Abercrombie & Fitch Co (NYSE: ANF) is an American specialty retailer that designs, markets and sells casual apparel and accessories for men, women and children. Founded in 1892 by David T. Abercrombie and Ezra Fitch, the company evolved from an outdoor gear outfitter to a global lifestyle brand renowned for its relaxed, preppy aesthetic. Its product assortment includes tops, bottoms, outerwear, intimates, swimwear, fragrances and personal care items.

The company operates under multiple brand names, including Abercrombie & Fitch, Abercrombie Kids, Hollister and Gilly Hicks, each targeting distinct consumer segments from teens to young adults.

Further Reading

Analyst Recommendations for Abercrombie & Fitch (NYSE:ANF)

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