Abercrombie & Fitch (NYSE:ANF) Earns “Buy” Rating from BTIG Research

Abercrombie & Fitch (NYSE:ANF)‘s stock had its “buy” rating reaffirmed by stock analysts at BTIG Research in a research note issued to investors on Wednesday, Benzinga reports. They currently have a $175.00 price objective on the apparel retailer’s stock. BTIG Research’s price objective points to a potential upside of 23.11% from the company’s current price.

A number of other equities analysts also recently commented on ANF. Barclays lifted their price objective on shares of Abercrombie & Fitch from $114.00 to $155.00 and gave the stock an “equal weight” rating in a report on Thursday, August 27th. The Goldman Sachs Group set a $160.00 price objective on shares of Abercrombie & Fitch in a report on Thursday, August 27th. Citigroup downgraded shares of Abercrombie & Fitch from a “buy” rating to a “neutral” rating and lifted their price objective for the stock from $135.00 to $156.00 in a report on Thursday, August 27th. Needham & Company LLC lifted their price objective on shares of Abercrombie & Fitch from $108.00 to $165.00 and gave the stock a “buy” rating in a report on Wednesday, August 26th. Finally, Raymond James Financial reiterated a “market perform” rating on shares of Abercrombie & Fitch in a research note on Tuesday, August 18th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, Abercrombie & Fitch presently has an average rating of “Moderate Buy” and a consensus price target of $155.38.

Abercrombie & Fitch Stock Up 1.9%

Shares of Abercrombie & Fitch stock traded up $2.71 on Wednesday, hitting $142.15. 434,890 shares of the company’s stock traded hands, compared to its average volume of 1,469,586. The stock has a market cap of $6.03 billion, a P/E ratio of 12.17, a PEG ratio of 1.24 and a beta of 1.02. The firm’s 50-day moving average is $128.57 and its 200 day moving average is $101.88. Abercrombie & Fitch has a 52-week low of $65.45 and a 52-week high of $155.22.

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

Insider Buying and Selling at Abercrombie & Fitch

In other Abercrombie & Fitch news, EVP Jay Rust sold 5,000 shares of the business’s stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $147.50, for a total value of $737,500.00. Following the sale, the executive vice president directly owned 15,651 shares in the company, valued at approximately $2,308,522.50. The trade was a 24.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Gregory Henchel sold 30,000 shares of the business’s stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $146.65, for a total transaction of $4,399,500.00. Following the completion of the sale, the executive vice president owned 33,681 shares in the company, valued at approximately $4,939,318.65. This trade represents a 47.11% decrease in their ownership of the stock. 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 in the last ninety days. 2.33% of the stock is owned by insiders.

Institutional Investors Weigh In On Abercrombie & Fitch

Hedge funds and other institutional investors have recently bought and sold shares of the business. Timbuktu Capital Management LLC bought a new stake in Abercrombie & Fitch in the second quarter worth about $29,000. Caitong International Asset Management Co. Ltd acquired a new stake in Abercrombie & Fitch during the 4th quarter worth about $56,000. Versant Capital Management Inc raised its holdings in Abercrombie & Fitch by 29.8% during the 2nd quarter. Versant Capital Management Inc now owns 610 shares of the apparel retailer’s stock worth $55,000 after buying an additional 140 shares during the period. Parallel Advisors LLC raised its holdings in Abercrombie & Fitch by 46.7% during the 1st quarter. Parallel Advisors LLC now owns 788 shares of the apparel retailer’s stock worth $72,000 after buying an additional 251 shares during the period. Finally, Integrated Wealth Concepts LLC acquired a new stake in Abercrombie & Fitch during the 2nd quarter worth about $86,000.

About Abercrombie & Fitch

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.