Q1 EPS Estimate for Abercrombie & Fitch Lowered by Analyst

Abercrombie & Fitch Co. (NYSE:ANF - Free Report) - Equities researchers at William Blair reduced their Q1 2026 EPS estimates for shares of Abercrombie & Fitch in a research report issued on Wednesday, March 5th. William Blair analyst D. Carden now anticipates that the apparel retailer will post earnings per share of $1.36 for the quarter, down from their prior forecast of $1.89. The consensus estimate for Abercrombie & Fitch's current full-year earnings is $10.62 per share. William Blair also issued estimates for Abercrombie & Fitch's Q4 2026 earnings at $3.87 EPS, Q1 2027 earnings at $1.39 EPS, Q4 2027 earnings at $3.81 EPS and FY2027 earnings at $10.49 EPS.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last announced 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 business had revenue of $1.58 billion for the quarter, compared to the consensus estimate of $1.57 billion. Abercrombie & Fitch had a net margin of 11.16% and a return on equity of 46.50%. The business's revenue for the quarter was up 9.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.97 earnings per share.

Several other equities research analysts have also recently weighed in on the company. JPMorgan Chase & Co. lowered their target price on Abercrombie & Fitch from $189.00 to $168.00 and set an "overweight" rating for the company in a report on Wednesday, March 5th. UBS Group dropped their target price on shares of Abercrombie & Fitch from $210.00 to $150.00 and set a "buy" rating on the stock in a report on Thursday, March 6th. Raymond James set a $110.00 target price on shares of Abercrombie & Fitch in a research report on Thursday. Telsey Advisory Group lowered their price target on shares of Abercrombie & Fitch from $190.00 to $125.00 and set an "outperform" rating for the company in a research report on Thursday, March 6th. Finally, Citigroup cut their price objective on shares of Abercrombie & Fitch from $160.00 to $135.00 and set a "buy" rating on the stock in a report on Thursday, March 6th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, Abercrombie & Fitch currently has a consensus rating of "Moderate Buy" and an average target price of $140.88.

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Abercrombie & Fitch Price Performance

Shares of NYSE:ANF traded down $1.07 on Monday, hitting $77.10. 1,263,837 shares of the company's stock were exchanged, compared to its average volume of 1,804,884. Abercrombie & Fitch has a 12 month low of $75.65 and a 12 month high of $196.99. The business's 50 day simple moving average is $119.47 and its two-hundred day simple moving average is $135.94. The stock has a market capitalization of $3.88 billion, a price-to-earnings ratio of 7.58 and a beta of 1.45.

Hedge Funds Weigh In On Abercrombie & Fitch

Several institutional investors and hedge funds have recently bought and sold shares of the company. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Abercrombie & Fitch during the 4th quarter worth approximately $10,212,000. Virtue Capital Management LLC lifted its stake in Abercrombie & Fitch by 1.3% during the 4th quarter. Virtue Capital Management LLC now owns 8,221 shares of the apparel retailer's stock valued at $1,229,000 after acquiring an additional 102 shares during the period. Toronto Dominion Bank purchased a new stake in shares of Abercrombie & Fitch in the 4th quarter valued at $399,000. Invst LLC increased its stake in shares of Abercrombie & Fitch by 15.7% in the fourth quarter. Invst LLC now owns 4,017 shares of the apparel retailer's stock worth $600,000 after acquiring an additional 545 shares during the period. Finally, Public Employees Retirement System of Ohio purchased a new position in shares of Abercrombie & Fitch during the fourth quarter worth $247,000.

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

About Abercrombie & Fitch

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.