Q2 EPS Forecast for Abercrombie & Fitch Raised by Analyst

Abercrombie & Fitch Co. (NYSE:ANF - Free Report) - Analysts at Zacks Research lifted their Q2 2026 earnings per share estimates for Abercrombie & Fitch in a report issued on Wednesday, March 12th. Zacks Research analyst R. Lohia now forecasts that the apparel retailer will earn $2.62 per share for the quarter, up from their previous forecast 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:ANF - Get Free Report) last released 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. Abercrombie & Fitch had a return on equity of 46.50% and a net margin of 11.16%. The firm had revenue of $1.58 billion for the quarter, compared to analyst estimates of $1.57 billion. During the same quarter in the prior year, the firm posted $2.97 earnings per share. The company's quarterly revenue was up 9.1% on a year-over-year basis.

ANF has been the topic of several other research reports. StockNews.com lowered Abercrombie & Fitch from a "buy" rating to a "hold" rating in a research note on Sunday, March 9th. JPMorgan Chase & Co. cut their target price on Abercrombie & Fitch from $189.00 to $168.00 and set an "overweight" rating on the stock in a research note on Wednesday, March 5th. Telsey Advisory Group cut their target price on Abercrombie & Fitch from $190.00 to $125.00 and set an "outperform" rating on the stock in a research note on Thursday, March 6th. Raymond James set a $110.00 price target on Abercrombie & Fitch in a research report on Thursday, March 6th. Finally, Jefferies Financial Group dropped their price target on Abercrombie & Fitch from $220.00 to $170.00 and set a "buy" rating on the stock in a research report on Wednesday, March 5th. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $140.88.

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Abercrombie & Fitch Stock Performance

NYSE:ANF traded down $2.95 during mid-day trading on Friday, hitting $79.69. The company had a trading volume of 2,126,197 shares, compared to its average volume of 1,809,467. Abercrombie & Fitch has a fifty-two week low of $74.31 and a fifty-two week high of $196.99. The business's fifty day moving average is $112.00 and its two-hundred day moving average is $133.21. The firm has a market cap of $4.01 billion, a P/E ratio of 7.88 and a beta of 1.45.

Abercrombie & Fitch announced that its board has initiated a share buyback plan on Wednesday, March 5th that allows the company to repurchase $1.30 billion in 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 leadership believes its stock is undervalued.

Institutional Inflows and Outflows

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

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.