Free Trial

Q3 EPS Forecast for Abercrombie & Fitch Increased by Analyst

Abercrombie & Fitch logo with Retail/Wholesale background
Remove Ads

Abercrombie & Fitch Co. (NYSE:ANF - Free Report) - Investment analysts at Telsey Advisory Group boosted their Q3 2026 earnings per share estimates for shares of Abercrombie & Fitch in a research note issued on Thursday, March 6th. Telsey Advisory Group analyst D. Telsey now expects that the apparel retailer will post earnings of $3.01 per share for the quarter, up from their previous forecast of $2.73. Telsey Advisory Group currently has a "Outperform" rating and a $125.00 target price on the stock. The consensus estimate for Abercrombie & Fitch's current full-year earnings is $10.62 per share. Telsey Advisory Group also issued estimates for Abercrombie & Fitch's Q4 2026 earnings at $4.35 EPS, FY2026 earnings at $11.35 EPS and FY2027 earnings at $12.07 EPS.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last released its earnings results on Wednesday, March 5th. The apparel retailer reported $3.57 EPS for the quarter, topping analysts' consensus estimates of $3.48 by $0.09. The firm had revenue of $1.58 billion during the quarter, compared to analyst estimates of $1.57 billion. Abercrombie & Fitch had a net margin of 11.16% and a return on equity of 46.50%. The business's quarterly revenue was up 9.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.97 EPS.

Several other equities research analysts also recently weighed in on the company. UBS Group cut their price objective on Abercrombie & Fitch from $210.00 to $150.00 and set a "buy" rating on the stock in a report on Thursday, March 6th. StockNews.com downgraded Abercrombie & Fitch from a "buy" rating to a "hold" rating in a research note on Sunday. Morgan Stanley decreased their price target on shares of Abercrombie & Fitch from $149.00 to $139.00 and set an "equal weight" rating for the company in a research note on Wednesday, January 15th. Jefferies Financial Group cut their target price on shares of Abercrombie & Fitch from $220.00 to $170.00 and set a "buy" rating for the company in a research report on Wednesday, March 5th. Finally, Raymond James set a $110.00 price objective on Abercrombie & Fitch in a research note on Thursday, March 6th. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $140.88.

Remove Ads

View Our Latest Analysis on Abercrombie & Fitch

Abercrombie & Fitch Trading Up 0.6 %

Shares of ANF traded up $0.48 during midday trading on Friday, reaching $78.65. The stock had a trading volume of 2,624,565 shares, compared to its average volume of 1,809,977. Abercrombie & Fitch has a one year low of $75.65 and a one year high of $196.99. The firm has a market cap of $3.96 billion, a PE ratio of 7.78 and a beta of 1.45. The firm has a 50 day simple moving average of $119.47 and a 200-day simple moving average of $135.94.

Abercrombie & Fitch announced that its board has approved a stock repurchase program on Wednesday, March 5th that authorizes the company to repurchase $1.30 billion in shares. This repurchase authorization authorizes the apparel retailer to repurchase up to 29.5% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's board of directors believes its stock is undervalued.

Institutional Investors Weigh In On Abercrombie & Fitch

Institutional investors and hedge funds have recently bought and sold shares of the business. SBI Securities Co. Ltd. purchased a new position in shares of Abercrombie & Fitch in the 4th quarter valued at approximately $27,000. UMB Bank n.a. increased its holdings in shares of Abercrombie & Fitch by 92.2% in the 4th quarter. UMB Bank n.a. now owns 223 shares of the apparel retailer's stock worth $33,000 after purchasing an additional 107 shares in the last quarter. Farther Finance Advisors LLC raised its position in Abercrombie & Fitch by 81.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 274 shares of the apparel retailer's stock worth $38,000 after buying an additional 123 shares during the last quarter. Private Trust Co. NA lifted its position in Abercrombie & Fitch by 604.4% during the third quarter. Private Trust Co. NA now owns 317 shares of the apparel retailer's stock valued at $44,000 after purchasing an additional 272 shares during the period. Finally, Fifth Third Bancorp grew its holdings in shares of Abercrombie & Fitch by 56.2% in the fourth quarter. Fifth Third Bancorp now owns 367 shares of the apparel retailer's stock worth $55,000 after acquiring an additional 132 shares during the period.

Abercrombie & Fitch Company Profile

(Get Free Report)

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.

Read More

Earnings History and Estimates for Abercrombie & Fitch (NYSE:ANF)

Should You Invest $1,000 in Abercrombie & Fitch Right Now?

Before you consider Abercrombie & Fitch, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Abercrombie & Fitch wasn't on the list.

While Abercrombie & Fitch currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

5G Stocks: The Path Forward is Profitable Cover

Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Recent Videos

Best ETFs for Spring 2025: Strong and Steady Investing
Is There Still Money in AI? How to Invest in the Next Big Wave
AMD at Rock Bottom? Analysts Predict a MAJOR Rebound!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads