Abercrombie & Fitch (NYSE:ANF) Share Price Passes Above Two Hundred Day Moving Average – What’s Next?

Abercrombie & Fitch Company (NYSE:ANF) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $92.65 and traded as high as $93.18. Abercrombie & Fitch shares last traded at $92.9370, with a volume of 1,102,265 shares changing hands.

Analysts Set New Price Targets

Several analysts recently issued reports on ANF shares. Raymond James Financial set a $92.00 price objective on Abercrombie & Fitch in a report on Thursday, May 21st. Morgan Stanley restated an “equal weight” rating and set a $87.00 price target on shares of Abercrombie & Fitch in a report on Monday, July 6th. Needham & Company LLC reaffirmed a “buy” rating and issued a $108.00 price objective on shares of Abercrombie & Fitch in a research note on Wednesday, May 27th. JPMorgan Chase & Co. upped their price objective on shares of Abercrombie & Fitch from $107.00 to $110.00 and gave the stock a “neutral” rating in a report on Thursday, May 28th. Finally, Telsey Advisory Group lowered their target price on shares of Abercrombie & Fitch from $125.00 to $115.00 and set an “outperform” rating on the stock in a research report on Thursday, May 28th. Eight equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $111.91.

Abercrombie & Fitch Trading Up 1.5%

The stock has a market capitalization of $4.13 billion, a price-to-earnings ratio of 8.92 and a beta of 0.89. The company has a fifty day moving average of $82.85 and a two-hundred day moving average of $92.65.

Abercrombie & Fitch (NYSE:ANF) last announced its quarterly earnings results on Wednesday, May 27th. The apparel retailer reported $1.47 EPS for the quarter, beating 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 the consensus estimate of $1.12 billion. During the same quarter last year, the company posted $1.59 earnings per share. The company’s revenue for the quarter 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 predict that Abercrombie & Fitch Company will post 10.46 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of ANF. Vanguard Group Inc. grew its position in shares of Abercrombie & Fitch by 2.0% in the fourth 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. AQR Capital Management LLC lifted its position in shares of Abercrombie & Fitch by 56.0% during the 4th quarter. AQR Capital Management LLC now owns 2,504,240 shares of the apparel retailer’s stock worth $315,209,000 after purchasing an additional 898,884 shares during the last quarter. Bbfit Investments PTE Ltd. acquired a new position in shares of Abercrombie & Fitch during the 4th quarter worth about $205,539,000. Dimensional Fund Advisors LP boosted its stake in Abercrombie & Fitch by 15.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,596,177 shares of the apparel retailer’s stock valued at $145,823,000 after purchasing an additional 208,709 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its stake in Abercrombie & Fitch by 41.6% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,310,296 shares of the apparel retailer’s stock valued at $119,722,000 after purchasing an additional 384,845 shares during the period.

About Abercrombie & Fitch

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.