William Blair Issues Optimistic Outlook for ANF Earnings

Abercrombie & Fitch Co. (NYSE:ANFFree Report) – Investment analysts at William Blair lifted their Q2 2026 EPS estimates for shares of Abercrombie & Fitch in a note issued to investors on Wednesday, March 5th. William Blair analyst D. Carden now anticipates that the apparel retailer will earn $2.55 per share for the quarter, up from their prior estimate of $2.52. 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 Q3 2026 earnings at $2.75 EPS, FY2026 earnings at $10.50 EPS, Q2 2027 earnings at $2.58 EPS and Q3 2027 earnings at $2.71 EPS.

Abercrombie & Fitch (NYSE:ANFGet Free Report) last announced its earnings results on Wednesday, March 5th. The apparel retailer reported $3.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.48 by $0.09. Abercrombie & Fitch had a net margin of 11.16% and a return on equity of 46.50%. 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 business posted $2.97 EPS. The business’s revenue was up 9.1% compared to the same quarter last year.

A number of other brokerages also recently weighed in on ANF. Morgan Stanley cut 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 report on Wednesday, January 15th. UBS Group cut their price target on shares of Abercrombie & Fitch from $210.00 to $150.00 and set a “buy” rating for the company in a report on Thursday. JPMorgan Chase & Co. cut their price target on shares of Abercrombie & Fitch from $189.00 to $168.00 and set an “overweight” rating for the company in a report on Wednesday. Telsey Advisory Group cut their price target on shares of Abercrombie & Fitch from $190.00 to $125.00 and set an “outperform” rating for the company in a report on Thursday. Finally, StockNews.com raised shares of Abercrombie & Fitch from a “hold” rating to a “buy” rating in a report on Saturday, March 1st. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, Abercrombie & Fitch presently has an average rating of “Moderate Buy” and an average price target of $147.75.

Check Out Our Latest Report on Abercrombie & Fitch

Abercrombie & Fitch Stock Down 4.1 %

Shares of NYSE:ANF opened at $83.67 on Friday. The company’s 50 day moving average price is $123.78 and its two-hundred day moving average price is $137.94. Abercrombie & Fitch has a 12-month low of $79.77 and a 12-month high of $196.99. The firm has a market cap of $4.21 billion, a PE ratio of 8.28 and a beta of 1.45.

Abercrombie & Fitch announced that its board has authorized a stock buyback program on Wednesday, March 5th that permits the company to buyback $1.30 billion in shares. This buyback authorization permits the apparel retailer to repurchase up to 29.5% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s leadership believes its stock is undervalued.

Hedge Funds Weigh In On Abercrombie & Fitch

Several institutional investors and hedge funds have recently added to or reduced their stakes in ANF. SBI Securities Co. Ltd. acquired a new stake in shares of Abercrombie & Fitch during the fourth quarter worth $27,000. UMB Bank n.a. increased its position in shares of Abercrombie & Fitch by 92.2% during the fourth quarter. UMB Bank n.a. now owns 223 shares of the apparel retailer’s stock worth $33,000 after buying an additional 107 shares during the period. Farther Finance Advisors LLC increased its position in shares of Abercrombie & Fitch by 81.5% during the third 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 period. Private Trust Co. NA increased its position in shares of Abercrombie & Fitch by 604.4% during the third quarter. Private Trust Co. NA now owns 317 shares of the apparel retailer’s stock worth $44,000 after buying an additional 272 shares during the period. Finally, Fifth Third Bancorp increased its position in shares of Abercrombie & Fitch by 56.2% during the fourth quarter. Fifth Third Bancorp now owns 367 shares of the apparel retailer’s stock worth $55,000 after buying an additional 132 shares during the period.

Abercrombie & Fitch Company Profile

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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.

See Also

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

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