FY2027 Earnings Estimate for ANF Issued By William Blair

Abercrombie & Fitch Co. (NYSE:ANF - Free Report) - Stock analysts at William Blair issued their FY2027 EPS estimates for Abercrombie & Fitch in a research report issued to clients and investors on Monday, January 6th. William Blair analyst D. Carden expects that the apparel retailer will earn $9.59 per share for the year. The consensus estimate for Abercrombie & Fitch's current full-year earnings is $10.61 per share.

A number of other equities analysts also recently commented on ANF. Morgan Stanley increased their price objective on shares of Abercrombie & Fitch from $147.00 to $149.00 and gave the stock an "equal weight" rating in a research note on Wednesday, November 27th. StockNews.com downgraded Abercrombie & Fitch from a "buy" rating to a "hold" rating in a report on Friday, December 20th. Telsey Advisory Group reaffirmed an "outperform" rating and set a $190.00 price target on shares of Abercrombie & Fitch in a research report on Tuesday, November 26th. UBS Group lifted their price objective on shares of Abercrombie & Fitch from $170.00 to $173.00 and gave the company a "neutral" rating in a research report on Wednesday, November 27th. Finally, Raymond James began coverage on shares of Abercrombie & Fitch in a report on Friday, December 6th. They issued an "outperform" rating and a $180.00 target price on the stock. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $179.50.

Abercrombie & Fitch Trading Down 0.3 %

Shares of NYSE ANF traded down $0.51 during midday trading on Thursday, reaching $151.62. The company's stock had a trading volume of 1,092,419 shares, compared to its average volume of 1,463,244. Abercrombie & Fitch has a fifty-two week low of $93.91 and a fifty-two week high of $196.99. The stock has a 50 day simple moving average of $147.39 and a 200-day simple moving average of $150.37. The stock has a market capitalization of $7.64 billion, a price-to-earnings ratio of 15.00 and a beta of 1.52.

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

Insider Buying and Selling

In related news, COO Scott D. Lipesky sold 8,605 shares of Abercrombie & Fitch stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $150.20, for a total value of $1,292,471.00. Following the transaction, the chief operating officer now directly owns 97,850 shares of the company's stock, valued at $14,697,070. This trade represents a 8.08 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Suzanne M. Coulter sold 2,870 shares of the company's stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $160.00, for a total value of $459,200.00. Following the sale, the director now 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. Over the last three months, insiders have sold 17,401 shares of company stock valued at $2,631,741. 2.58% of the stock is owned by company insiders.

Hedge Funds Weigh In On Abercrombie & Fitch

Institutional investors have recently modified their holdings of the business. Everence Capital Management Inc. bought a new position in shares of Abercrombie & Fitch in the 4th quarter valued at $212,000. Mutual of America Capital Management LLC boosted its stake in shares of Abercrombie & Fitch by 228.9% during 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 stake in shares of 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 valued at $19,986,000 after buying an additional 9,061 shares during the period. Y Intercept Hong Kong Ltd raised its holdings in Abercrombie & Fitch by 115.8% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 25,483 shares of the apparel retailer's stock valued at $3,565,000 after buying an additional 13,677 shares during the last quarter. Finally, Zacks Investment Management acquired a new stake in Abercrombie & Fitch during the 3rd quarter worth approximately $3,027,000.

About Abercrombie & Fitch

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.