BTIG Research Reaffirms “Buy” Rating for Abercrombie & Fitch (NYSE:ANF)

Abercrombie & Fitch (NYSE:ANF)‘s stock had its “buy” rating restated by investment analysts at BTIG Research in a research report issued on Thursday,Benzinga reports. They currently have a $120.00 price target on the apparel retailer’s stock. BTIG Research’s price target would indicate a potential upside of 41.59% from the stock’s previous close.

Several other equities analysts have also commented on ANF. Morgan Stanley raised their target price on shares of Abercrombie & Fitch from $78.00 to $95.00 and gave the company an “equal weight” rating in a report on Wednesday, November 26th. The Goldman Sachs Group initiated coverage on shares of Abercrombie & Fitch in a research note on Thursday, December 11th. They issued a “buy” rating and a $120.00 price objective on the stock. Zacks Research upgraded shares of Abercrombie & Fitch from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 25th. Jefferies Financial Group cut their target price on Abercrombie & Fitch from $135.00 to $130.00 and set a “buy” rating for the company in a research note on Wednesday. Finally, Citigroup upgraded Abercrombie & Fitch from a “neutral” rating to a “buy” rating and lifted their price target for the company from $90.00 to $135.00 in a research note on Wednesday, January 21st. Seven research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, Abercrombie & Fitch currently has a consensus rating of “Moderate Buy” and a consensus price target of $118.80.

Abercrombie & Fitch Price Performance

Shares of NYSE ANF opened at $84.75 on Thursday. The business has a fifty day moving average price of $103.09 and a two-hundred day moving average price of $93.28. The stock has a market capitalization of $3.89 billion, a PE ratio of 8.04 and a beta of 1.17. Abercrombie & Fitch has a fifty-two week low of $65.40 and a fifty-two week high of $133.11.

Abercrombie & Fitch (NYSE:ANF) last issued its quarterly earnings results on Wednesday, March 4th. The apparel retailer reported $3.68 EPS for the quarter, topping analysts’ consensus estimates of $3.56 by $0.12. The company had revenue of $1.67 billion for the quarter, compared to analysts’ expectations of $1.67 billion. Abercrombie & Fitch had a return on equity of 36.36% and a net margin of 9.63%.Abercrombie & Fitch’s revenue was up 5.4% on a year-over-year basis. During the same quarter last year, the business earned $3.57 earnings per share. Abercrombie & Fitch has set its Q1 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 10.200-11.000 EPS. On average, equities analysts expect that Abercrombie & Fitch will post 10.62 EPS for the current year.

Insider Transactions at Abercrombie & Fitch

In related news, CEO Fran Horowitz sold 103,200 shares of the stock in a transaction that occurred on Thursday, January 22nd. The shares were sold at an average price of $98.53, for a total value of $10,168,296.00. Following the completion of the transaction, the chief executive officer owned 605,303 shares of the company’s stock, valued at $59,640,504.59. This represents a 14.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last ninety days, insiders have sold 350,000 shares of company stock worth $34,661,358. 2.29% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. NewEdge Advisors LLC boosted its holdings in shares of Abercrombie & Fitch by 181.6% during the 2nd quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer’s stock valued at $29,000 after acquiring an additional 227 shares in the last quarter. Transamerica Financial Advisors LLC raised its position in Abercrombie & Fitch by 322.0% in the fourth quarter. Transamerica Financial Advisors LLC now owns 249 shares of the apparel retailer’s stock valued at $31,000 after purchasing an additional 190 shares during the last quarter. Larson Financial Group LLC boosted its stake in shares of Abercrombie & Fitch by 120.3% during the fourth quarter. Larson Financial Group LLC now owns 271 shares of the apparel retailer’s stock valued at $34,000 after purchasing an additional 148 shares in the last quarter. Blue Trust Inc. bought a new stake in shares of Abercrombie & Fitch during the third quarter worth about $38,000. Finally, Hantz Financial Services Inc. grew its holdings in shares of Abercrombie & Fitch by 108.2% during the third quarter. Hantz Financial Services Inc. now owns 481 shares of the apparel retailer’s stock worth $41,000 after purchasing an additional 250 shares during the last quarter.

Abercrombie & Fitch Company Profile

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.