Abercrombie & Fitch (NYSE:ANF) Sets New 12-Month High – What’s Next?

Abercrombie & Fitch Company (NYSE:ANF)’s share price reached a new 52-week high during trading on Thursday. The company traded as high as $155.46 and last traded at $156.1540, with a volume of 419,926 shares changing hands. The stock had previously closed at $149.74.

Wall Street Analysts Forecast Growth

ANF has been the topic of a number of recent analyst reports. BMO Capital Markets started coverage on shares of Abercrombie & Fitch in a research note on Tuesday, September 8th. They set an “outperform” rating and a $170.00 price target on the stock. Jefferies Financial Group set a $175.00 price objective on shares of Abercrombie & Fitch in a research note on Wednesday, August 26th. Raymond James Financial reiterated a “market perform” rating on shares of Abercrombie & Fitch in a research note on Tuesday, August 18th. Barclays boosted 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. Finally, BTIG Research restated a “buy” rating and set a $175.00 target price on shares of Abercrombie & Fitch in a research report on Wednesday, October 7th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $155.38.

Abercrombie & Fitch Stock Performance

The stock has a market capitalization of $6.51 billion, a PE ratio of 13.13, a P/E/G ratio of 1.33 and a beta of 1.02. The company’s fifty day simple moving average is $134.29 and its two-hundred day simple moving average is $104.70.

Abercrombie & Fitch (NYSE:ANF) last announced its quarterly earnings results on Wednesday, August 26th. The apparel retailer reported $4.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.99 by $2.18. The company had revenue of $1.27 billion for 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 company’s revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the firm 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. Sell-side analysts forecast that Abercrombie & Fitch Company will post 11.42 EPS for the current fiscal year.

Insider Buying and Selling

In other Abercrombie & Fitch news, Director Kenneth Robinson sold 800 shares of the firm’s stock in a transaction on Friday, August 28th. The stock was sold at an average price of $149.69, for a total transaction of $119,752.00. Following the completion of the transaction, the director owned 7,169 shares of the company’s stock, valued at approximately $1,073,127.61. This trade represents a 10.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Jay Rust sold 5,000 shares of the business’s stock in a transaction on Friday, August 28th. The stock was sold at an average price of $147.50, for a total value of $737,500.00. Following the completion of 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 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 worth $9,595,392 in the last 90 days. Corporate insiders own 2.33% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Versant Capital Management Inc lifted its position in shares of Abercrombie & Fitch by 29.8% in the 2nd quarter. Versant Capital Management Inc now owns 610 shares of the apparel retailer’s stock valued at $55,000 after acquiring an additional 140 shares in the last quarter. Parallel Advisors LLC boosted its stake in Abercrombie & Fitch by 46.7% in the 1st quarter. Parallel Advisors LLC now owns 788 shares of the apparel retailer’s stock worth $72,000 after purchasing an additional 251 shares during the period. CoreCap Advisors LLC grew its position in Abercrombie & Fitch by 304.2% during the 3rd quarter. CoreCap Advisors LLC now owns 384 shares of the apparel retailer’s stock worth $52,000 after purchasing an additional 289 shares in the last quarter. Sequoia Financial Advisors LLC grew its position in Abercrombie & Fitch by 6.4% during the 1st quarter. Sequoia Financial Advisors LLC now owns 5,069 shares of the apparel retailer’s stock worth $463,000 after purchasing an additional 305 shares in the last quarter. Finally, Timbuktu Capital Management LLC acquired a new stake in Abercrombie & Fitch during the 2nd quarter valued at $29,000.

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.