Abercrombie & Fitch (NYSE:ANF) Stock Price Crosses Above 200 Day Moving Average – What’s Next?

Shares of Abercrombie & Fitch Company (NYSE:ANF) passed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $99.64 and traded as high as $134.88. Abercrombie & Fitch shares last traded at $133.57, with a volume of 1,144,532 shares traded.

Analysts Set New Price Targets

ANF has been the subject of several recent analyst reports. Citigroup cut Abercrombie & Fitch from a “buy” rating to a “neutral” rating and boosted their target price for the stock from $135.00 to $156.00 in a research report on Thursday, August 27th. UBS Group raised their price target on Abercrombie & Fitch from $153.00 to $185.00 and gave the company a “buy” rating in a report on Thursday, August 27th. Raymond James Financial reiterated a “market perform” rating on shares of Abercrombie & Fitch in a research report on Tuesday, August 18th. Morgan Stanley boosted their price objective on Abercrombie & Fitch from $87.00 to $134.00 and gave the stock an “equal weight” rating in a report on Thursday, August 27th. Finally, Needham & Company LLC boosted their price objective on Abercrombie & Fitch from $108.00 to $165.00 and gave the stock a “buy” rating in a report on Wednesday, August 26th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Abercrombie & Fitch presently has a consensus rating of “Moderate Buy” and a consensus target price of $155.38.

Abercrombie & Fitch Trading Up 1.4%

The company has a market capitalization of $5.80 billion, a P/E ratio of 11.70, a P/E/G ratio of 1.17 and a beta of 0.97. The business’s fifty day moving average price is $124.48 and its 200-day moving average price is $100.00.

Abercrombie & Fitch (NYSE:ANF) last announced its earnings results on Wednesday, August 26th. The apparel retailer reported $4.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.99 by $2.18. The company had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.25 billion. Abercrombie & Fitch had a net margin of 10.03% and a return on equity of 33.52%. The firm’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same period in the previous year, the business earned $2.91 earnings per share. 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 research analysts forecast that Abercrombie & Fitch Company will post 11.42 EPS for the current year.

Insider Transactions at Abercrombie & Fitch

In related news, EVP Jay Rust sold 5,000 shares of the firm’s stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $147.50, for a total transaction of $737,500.00. Following the transaction, the executive vice president directly owned 15,651 shares of the company’s stock, valued at approximately $2,308,522.50. This trade represents a 24.21% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Kenneth B. Robinson sold 800 shares of the business’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $149.69, for a total value of $119,752.00. Following the completion of the sale, the director owned 7,169 shares of the company’s stock, valued at $1,073,127.61. The trade was a 10.04% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 72,800 shares of company stock valued at $9,595,392 over the last quarter. 2.33% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Bbfit Investments PTE Ltd. bought a new stake in shares of Abercrombie & Fitch in the 4th quarter worth approximately $205,539,000. Norges Bank purchased a new stake in shares of Abercrombie & Fitch in the 4th quarter valued at $98,961,000. Arrowstreet Capital Limited Partnership grew its holdings in shares of Abercrombie & Fitch by 195.0% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 925,451 shares of the apparel retailer’s stock valued at $116,487,000 after purchasing an additional 611,743 shares during the last quarter. Baird Financial Group Inc. bought a new position in shares of Abercrombie & Fitch during the 2nd quarter valued at $20,035,000. Finally, Dimensional Fund Advisors LP raised its position in Abercrombie & Fitch by 15.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,596,177 shares of the apparel retailer’s stock worth $145,823,000 after purchasing an additional 208,709 shares during the period.

Abercrombie & Fitch Company Profile

Abercrombie & Fitch Co is a global specialty retailer of apparel, accessories and personal-care products. The company operates a portfolio of lifestyle brands, including Abercrombie & Fitch, abercrombie kids, Hollister and Gilly Hicks, serving customers across a range of age groups and fashion preferences.

Its product offerings include casual clothing, denim, dresses, intimates, sleepwear, activewear, swimwear, footwear, accessories and fragrances. The company sells its merchandise through branded retail stores, e-commerce websites and other digital channels, with operations serving customers in North America, Europe, Asia and other international markets.

Founded in 1892 as a sporting-goods store in New York City, Abercrombie & Fitch evolved into a lifestyle apparel retailer and has expanded its brand portfolio over time.