Q2 EPS Estimate for Abercrombie & Fitch Raised by Analyst

Abercrombie & Fitch Company (NYSE:ANF) – Analysts at Zacks Research raised their Q2 2027 earnings estimates for Abercrombie & Fitch in a note issued to investors on Tuesday, December 9th. Zacks Research analyst Team now expects that the apparel retailer will post earnings of $2.54 per share for the quarter, up from their previous forecast of $2.46. Zacks Research currently has a “Hold” rating on the stock. 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 2027 earnings at $2.40 EPS and Q3 2028 earnings at $2.35 EPS.

Abercrombie & Fitch (NYSE:ANF) last released its earnings results on Wednesday, November 26th. The apparel retailer reported $2.36 EPS for the quarter, topping the consensus estimate of $2.14 by $0.22. The firm had revenue of $1.29 billion during the quarter, compared to analysts’ expectations of $1.28 billion. Abercrombie & Fitch had a return on equity of 38.01% and a net margin of 10.07%.Abercrombie & Fitch’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same period in the previous year, the firm posted $2.50 EPS.

A number of other research analysts have also recently weighed in on ANF. Morgan Stanley lifted their price target on shares of Abercrombie & Fitch from $78.00 to $95.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 26th. Citigroup upped their price target on shares of Abercrombie & Fitch from $79.00 to $90.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 26th. JPMorgan Chase & Co. increased their price target on Abercrombie & Fitch from $92.00 to $109.00 and gave the company a “neutral” rating in a report on Wednesday, November 26th. Jefferies Financial Group boosted their price objective on Abercrombie & Fitch from $105.00 to $115.00 and gave the stock a “buy” rating in a research note on Wednesday. Finally, Barclays upped their target price on Abercrombie & Fitch from $84.00 to $94.00 and gave the stock an “equal weight” rating in a research report on Friday, November 28th. Six investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $110.10.

Abercrombie & Fitch Trading Up 1.6%

Shares of NYSE:ANF opened at $111.88 on Friday. The company’s 50 day moving average is $79.16 and its two-hundred day moving average is $85.82. The company has a market cap of $5.13 billion, a PE ratio of 10.73 and a beta of 1.17. Abercrombie & Fitch has a 52 week low of $65.40 and a 52 week high of $164.80.

Institutional Trading of Abercrombie & Fitch

Hedge funds and other institutional investors have recently modified their holdings of the business. AQR Capital Management LLC raised its position in Abercrombie & Fitch by 198.2% during the first quarter. AQR Capital Management LLC now owns 1,955,927 shares of the apparel retailer’s stock valued at $144,582,000 after buying an additional 1,300,070 shares during the period. Wellington Management Group LLP increased its holdings in shares of Abercrombie & Fitch by 5,749.6% in the 3rd quarter. Wellington Management Group LLP now owns 1,194,013 shares of the apparel retailer’s stock valued at $102,148,000 after purchasing an additional 1,173,601 shares during the period. Valeo Financial Advisors LLC lifted its position in shares of Abercrombie & Fitch by 10,469.4% in the second quarter. Valeo Financial Advisors LLC now owns 993,101 shares of the apparel retailer’s stock worth $82,278,000 after purchasing an additional 983,705 shares in the last quarter. Brandywine Global Investment Management LLC purchased a new stake in shares of Abercrombie & Fitch in the second quarter worth approximately $61,643,000. Finally, Norges Bank acquired a new stake in shares of Abercrombie & Fitch during the second quarter worth approximately $61,584,000.

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.