Zacks Research Has Optimistic Outlook of ANF Q3 Earnings

Abercrombie & Fitch Company (NYSE:ANF) – Equities research analysts at Zacks Research raised their Q3 2027 earnings per share (EPS) estimates for shares of Abercrombie & Fitch in a note issued to investors on Tuesday, June 9th. Zacks Research analyst Team now anticipates that the apparel retailer will post earnings per share of $2.85 for the quarter, up from their previous forecast of $2.61. The consensus estimate for Abercrombie & Fitch’s current full-year earnings is $10.61 per share. Zacks Research also issued estimates for Abercrombie & Fitch’s Q4 2027 earnings at $4.29 EPS, FY2027 earnings at $10.54 EPS, Q1 2028 earnings at $1.64 EPS, Q3 2028 earnings at $2.99 EPS, Q4 2028 earnings at $4.57 EPS and FY2028 earnings at $11.62 EPS.

Abercrombie & Fitch (NYSE:ANF) last announced its earnings results on Wednesday, May 27th. The apparel retailer reported $1.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.26 by $0.21. The business had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.12 billion. Abercrombie & Fitch had a return on equity of 34.36% and a net margin of 9.34%.Abercrombie & Fitch’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same period last year, the company earned $1.59 EPS. Abercrombie & Fitch has set its Q2 2026 guidance at 1.800-2.000 EPS and its FY 2026 guidance at 10.200-11.000 EPS.

Several other research analysts have also issued reports on ANF. UBS Group lowered their target price on Abercrombie & Fitch from $149.00 to $136.00 and set a “buy” rating for the company in a research report on Thursday, May 28th. Raymond James Financial set a $92.00 target price on Abercrombie & Fitch in a research report on Thursday, May 21st. Wall Street Zen lowered Abercrombie & Fitch from a “buy” rating to a “hold” rating in a research report on Sunday, March 8th. JPMorgan Chase & Co. raised their target price on Abercrombie & Fitch from $107.00 to $110.00 and gave the stock a “neutral” rating in a research report on Thursday, May 28th. Finally, Barclays increased their price target on Abercrombie & Fitch from $76.00 to $78.00 and gave the stock an “underweight” rating in a report on Thursday, May 28th. Eight equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $112.64.

Abercrombie & Fitch Stock Up 5.4%

Shares of NYSE:ANF opened at $83.81 on Wednesday. The firm has a market cap of $3.72 billion, a P/E ratio of 8.04 and a beta of 0.92. Abercrombie & Fitch has a 12-month low of $65.45 and a 12-month high of $133.11. The business has a fifty day simple moving average of $84.17 and a 200 day simple moving average of $94.98.

Institutional Trading of Abercrombie & Fitch

A number of large investors have recently bought and sold shares of the business. Parallel Advisors LLC grew 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 acquiring an additional 251 shares during the period. Glenmede Trust Co. NA grew its holdings in Abercrombie & Fitch by 84.8% during the 1st quarter. Glenmede Trust Co. NA now owns 7,180 shares of the apparel retailer’s stock worth $656,000 after acquiring an additional 3,294 shares during the period. Bank of America Corp DE grew its stake in shares of Abercrombie & Fitch by 12.3% in the 1st quarter. Bank of America Corp DE now owns 486,134 shares of the apparel retailer’s stock valued at $44,418,000 after buying an additional 53,161 shares during the period. Amundi grew its stake in shares of Abercrombie & Fitch by 201.2% in the 1st quarter. Amundi now owns 10,411 shares of the apparel retailer’s stock valued at $951,000 after buying an additional 6,954 shares during the period. Finally, EverSource Wealth Advisors LLC grew its stake in shares of Abercrombie & Fitch by 56.0% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,886 shares of the apparel retailer’s stock valued at $172,000 after buying an additional 677 shares during the period.

About Abercrombie & Fitch

Abercrombie & Fitch Co (NYSE: ANF) is an American specialty retailer that designs, markets and sells casual apparel and accessories for men, women and children. Founded in 1892 by David T. Abercrombie and Ezra Fitch, the company evolved from an outdoor gear outfitter to a global lifestyle brand renowned for its relaxed, preppy aesthetic. Its product assortment includes tops, bottoms, outerwear, intimates, swimwear, fragrances and personal care items.

The company operates under multiple brand names, including Abercrombie & Fitch, Abercrombie Kids, Hollister and Gilly Hicks, each targeting distinct consumer segments from teens to young adults.