Q2 EPS Estimate for Abercrombie & Fitch Lifted by Analyst

Abercrombie & Fitch Co. (NYSE:ANFFree Report) – Analysts at Zacks Research lifted their Q2 2026 earnings per share estimates for shares of Abercrombie & Fitch in a research note issued to investors on Wednesday, March 12th. Zacks Research analyst R. Lohia now anticipates that the apparel retailer will earn $2.62 per share for the quarter, up from their prior estimate of $2.61. 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 Q3 2026 earnings at $2.80 EPS, Q4 2026 earnings at $4.06 EPS, Q2 2027 earnings at $2.78 EPS, Q3 2027 earnings at $2.90 EPS, FY2027 earnings at $11.61 EPS and FY2028 earnings at $12.37 EPS.

Abercrombie & Fitch (NYSE:ANFGet Free Report) last issued its earnings results on Wednesday, March 5th. The apparel retailer reported $3.57 earnings per share for the quarter, beating the consensus estimate of $3.48 by $0.09. The company had revenue of $1.58 billion during the quarter, compared to analysts’ expectations of $1.57 billion. Abercrombie & Fitch had a return on equity of 46.50% and a net margin of 11.16%. Abercrombie & Fitch’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same period in the prior year, the business posted $2.97 EPS.

Several other research firms have also recently weighed in on ANF. Jefferies Financial Group dropped their price objective on Abercrombie & Fitch from $220.00 to $170.00 and set a “buy” rating for the company in a report on Wednesday, March 5th. UBS Group decreased their target price on Abercrombie & Fitch from $210.00 to $150.00 and set a “buy” rating for the company in a research report on Thursday, March 6th. StockNews.com lowered Abercrombie & Fitch from a “buy” rating to a “hold” rating in a research report on Sunday, March 9th. Morgan Stanley decreased their target price on Abercrombie & Fitch from $149.00 to $139.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 15th. Finally, JPMorgan Chase & Co. decreased their target price on Abercrombie & Fitch from $189.00 to $168.00 and set an “overweight” rating for the company in a research report on Wednesday, March 5th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $140.88.

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Abercrombie & Fitch Stock Performance

NYSE ANF opened at $79.71 on Friday. Abercrombie & Fitch has a fifty-two week low of $74.31 and a fifty-two week high of $196.99. The stock has a 50 day simple moving average of $113.46 and a two-hundred day simple moving average of $133.66. The stock has a market cap of $4.02 billion, a P/E ratio of 7.88 and a beta of 1.45.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in Abercrombie & Fitch by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 5,755,692 shares of the apparel retailer’s stock valued at $860,303,000 after buying an additional 53,999 shares in the last quarter. Invesco Ltd. boosted its stake in Abercrombie & Fitch by 150.7% during the 4th quarter. Invesco Ltd. now owns 1,484,643 shares of the apparel retailer’s stock valued at $221,910,000 after purchasing an additional 892,492 shares during the last quarter. Wellington Management Group LLP boosted its stake in Abercrombie & Fitch by 20.8% during the 4th quarter. Wellington Management Group LLP now owns 1,229,875 shares of the apparel retailer’s stock valued at $183,829,000 after purchasing an additional 212,155 shares during the last quarter. Geode Capital Management LLC boosted its stake in Abercrombie & Fitch by 5.5% during the 3rd quarter. Geode Capital Management LLC now owns 1,221,890 shares of the apparel retailer’s stock valued at $171,815,000 after purchasing an additional 63,157 shares during the last quarter. Finally, Marshall Wace LLP boosted its stake in Abercrombie & Fitch by 12.6% during the 4th quarter. Marshall Wace LLP now owns 1,037,773 shares of the apparel retailer’s stock valued at $155,116,000 after purchasing an additional 115,758 shares during the last quarter.

Abercrombie & Fitch announced that its Board of Directors has approved a stock repurchase plan on Wednesday, March 5th that allows the company to buyback $1.30 billion in outstanding shares. This buyback authorization allows the apparel retailer to repurchase up to 29.5% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s management believes its stock is undervalued.

Abercrombie & Fitch Company Profile

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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.

See Also

Earnings History and Estimates for Abercrombie & Fitch (NYSE:ANF)

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