Abercrombie & Fitch Company (NYSE:ANF) Stock Now Rated “Moderate Buy” by Wall Street Analysts

Abercrombie & Fitch Company (NYSE:ANF) has been given a consensus recommendation of “Moderate Buy” by the fifteen ratings firms that are currently covering the company, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a hold rating, seven have given a buy rating and two have issued a strong buy rating on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $155.38.

A number of brokerages have recently issued reports on ANF. Telsey Advisory Group lifted their price objective on shares of Abercrombie & Fitch from $118.00 to $165.00 and gave the stock an “outperform” rating in a research report on Thursday, August 27th. Weiss Ratings cut shares of Abercrombie & Fitch from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday. Raymond James Financial restated a “market perform” rating on shares of Abercrombie & Fitch in a research note on Tuesday, August 18th. The Goldman Sachs Group set a $160.00 price target on shares of Abercrombie & Fitch in a report on Thursday, August 27th. Finally, Barclays upped their price target 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.

Insiders Place Their Bets

In related news, Director Kenneth Robinson sold 800 shares of the company’s stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $149.69, for a total transaction of $119,752.00. Following the transaction, the director directly owned 7,169 shares of the company’s stock, valued at $1,073,127.61. This represents a 10.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, EVP Gregory Henchel sold 30,000 shares of the stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $146.65, for a total value of $4,399,500.00. Following the completion of the sale, the executive vice president owned 33,681 shares of the company’s stock, 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 72,800 shares of company stock valued at $9,595,392 in the last 90 days. Corporate insiders own 2.33% of the company’s stock.

Institutional Trading of Abercrombie & Fitch

Institutional investors have recently bought and sold shares of the stock. Paralel Advisors LLC purchased a new position in Abercrombie & Fitch in the 2nd quarter worth $2,278,000. Maven Securities LTD acquired a new stake in Abercrombie & Fitch during the 2nd quarter worth about $1,108,000. Pacer Advisors Inc. grew its stake in Abercrombie & Fitch by 31.7% during the 1st quarter. Pacer Advisors Inc. now owns 189,757 shares of the apparel retailer’s stock valued at $17,338,000 after purchasing an additional 45,654 shares during the last quarter. Baird Financial Group Inc. purchased a new stake in Abercrombie & Fitch during the 2nd quarter valued at about $20,035,000. Finally, Empirical Finance LLC acquired a new position in shares of Abercrombie & Fitch in the second quarter valued at about $669,000.

Abercrombie & Fitch Price Performance

Shares of ANF stock opened at $141.48 on Friday. The stock’s 50-day moving average is $127.83 and its 200 day moving average is $101.52. Abercrombie & Fitch has a 1-year low of $65.45 and a 1-year high of $155.22. The company has a market cap of $6.00 billion, a P/E ratio of 12.11, a PEG ratio of 1.24 and a beta of 1.02.

Abercrombie & Fitch (NYSE:ANF) last announced its earnings results on Wednesday, August 26th. The apparel retailer reported $4.17 EPS for the quarter, topping 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 net margin of 10.03% and a return on equity of 33.52%. The firm’s revenue was up 4.8% on a year-over-year basis. During the same period in the previous year, the company posted $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. On average, analysts anticipate that Abercrombie & Fitch will post 11.42 EPS for the current year.

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.