Abercrombie & Fitch Company (NYSE:ANF) Stock Now Rated “Moderate Buy” by Sell-Side Brokerages

Shares of Abercrombie & Fitch Company (NYSE:ANF) have been assigned a consensus rating of “Moderate Buy” from the sixteen ratings firms that are covering the stock, MarketBeat reports. Five equities research analysts have rated the stock with a hold recommendation, nine have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $157.21.

Several equities research analysts recently commented on ANF shares. Needham & Company LLC increased their price objective on Abercrombie & Fitch from $108.00 to $165.00 and gave the company a “buy” rating in a research report on Wednesday, August 26th. Barclays boosted their target price on Abercrombie & Fitch from $114.00 to $155.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 27th. Weiss Ratings upgraded shares of Abercrombie & Fitch from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, October 16th. Argus raised shares of Abercrombie & Fitch from a “hold” rating to a “buy” rating and set a $162.00 price target on the stock in a report on Monday, August 31st. Finally, Jefferies Financial Group set a $175.00 price target on shares of Abercrombie & Fitch in a report on Wednesday, August 26th.

Abercrombie & Fitch Stock Down 0.1%

Shares of NYSE ANF opened at $164.25 on Tuesday. Abercrombie & Fitch has a twelve month low of $65.45 and a twelve month high of $169.24. The firm has a market cap of $6.97 billion, a P/E ratio of 14.06, a PEG ratio of 1.41 and a beta of 1.02. The company has a 50 day moving average of $145.14 and a 200 day moving average of $105.23.

Abercrombie & Fitch (NYSE:ANF) last released its quarterly earnings data on Wednesday, August 26th. The apparel retailer reported $4.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.99 by $2.18. The business had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.25 billion. Abercrombie & Fitch had a return on equity of 33.52% and a net margin of 10.03%. The firm’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the firm posted $2.91 EPS. Abercrombie & Fitch has set its Q3 2026 guidance at 2.900-3.200 EPS and its FY 2026 guidance at 13.100-13.600 EPS. As a group, equities analysts expect that Abercrombie & Fitch will post 11.42 earnings per share for the current fiscal year.

Insider Activity at Abercrombie & Fitch

In related news, Director Kenneth Robinson sold 800 shares of the stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $149.69, for a total transaction of $119,752.00. Following the transaction, the director owned 7,169 shares in the company, valued at $1,073,127.61. This represents a 10.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Jay Rust sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $147.50, for a total transaction of $737,500.00. Following the completion of the sale, the executive vice president owned 15,651 shares in the company, valued at $2,308,522.50. This represents a 24.21% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 52,800 shares of company stock worth $7,445,392 in the last three months. 2.33% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Abercrombie & Fitch

Several hedge funds and other institutional investors have recently modified their holdings of the company. Timbuktu Capital Management LLC bought a new stake in shares of Abercrombie & Fitch in the second quarter worth $29,000. CoreCap Advisors LLC lifted its holdings in Abercrombie & Fitch by 304.2% in the third quarter. CoreCap Advisors LLC now owns 384 shares of the apparel retailer’s stock valued at $52,000 after acquiring an additional 289 shares during the period. Versant Capital Management Inc boosted its position in Abercrombie & Fitch by 29.8% in the second quarter. Versant Capital Management Inc now owns 610 shares of the apparel retailer’s stock worth $55,000 after purchasing an additional 140 shares during the last quarter. Parallel Advisors LLC boosted its position in Abercrombie & Fitch by 46.7% in the first quarter. Parallel Advisors LLC now owns 788 shares of the apparel retailer’s stock worth $72,000 after purchasing an additional 251 shares during the last quarter. Finally, Root Financial Partners LLC purchased a new position in Abercrombie & Fitch in the third quarter worth about $72,000.

About Abercrombie & Fitch

Abercrombie & Fitch Co is a global specialty retailer that sells apparel, accessories and personal-care products through stores and digital channels. Its portfolio includes Abercrombie & Fitch, abercrombie kids, Hollister and Gilly Hicks, with products designed for consumers across a range of life stages and lifestyles.

The company’s offerings include casual clothing, denim, dresses, tops, outerwear, intimates, activewear, swimwear, footwear, accessories and fragrances. Abercrombie & Fitch serves customers through company-operated and franchise stores, as well as branded websites and other digital platforms, in the United States and selected international markets.

Founded in 1892 as an outdoor and sporting-goods retailer, the company later developed into a fashion retailer focused on casual apparel.