Zacks Research Issues Negative Forecast for ANF Earnings

by · The Cerbat Gem

Abercrombie & Fitch Co. (NYSE:ANFFree Report) – Zacks Research reduced their Q1 2026 earnings estimates for shares of Abercrombie & Fitch in a research report issued to clients and investors on Wednesday, March 12th. Zacks Research analyst R. Lohia now forecasts that the apparel retailer will earn $1.45 per share for the quarter, down from their prior estimate of $1.90. The consensus estimate for Abercrombie & Fitch’s current full-year earnings is $10.62 per share. Zacks Research also issued estimates for Abercrombie & Fitch’s FY2026 earnings at $10.92 EPS, Q1 2027 earnings at $1.61 EPS and Q4 2027 earnings at $4.33 EPS.

ANF has been the topic of a number of other reports. StockNews.com cut Abercrombie & Fitch from a “buy” rating to a “hold” rating in a report on Sunday, March 9th. UBS Group cut their price target on Abercrombie & Fitch from $210.00 to $150.00 and set a “buy” rating on the stock in a report on Thursday, March 6th. Citigroup cut their price target on Abercrombie & Fitch from $160.00 to $135.00 and set a “buy” rating on the stock in a report on Thursday, March 6th. Jefferies Financial Group cut their price target on Abercrombie & Fitch from $220.00 to $170.00 and set a “buy” rating on the stock in a report on Wednesday, March 5th. Finally, Telsey Advisory Group cut their target price on Abercrombie & Fitch from $190.00 to $125.00 and set an “outperform” rating on the stock in a report on Thursday, March 6th. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $140.88.

Check Out Our Latest Analysis on ANF

Abercrombie & Fitch Stock Performance

Abercrombie & Fitch stock opened at $79.69 on Monday. The stock has a market capitalization of $4.01 billion, a price-to-earnings ratio of 7.88 and a beta of 1.45. Abercrombie & Fitch has a 52-week low of $74.31 and a 52-week high of $196.99. The stock’s 50 day moving average price is $110.56 and its two-hundred day moving average price is $132.73.

Abercrombie & Fitch (NYSE:ANFGet Free Report) last released its earnings results on Wednesday, March 5th. The apparel retailer reported $3.57 earnings per share for the quarter, beating analysts’ consensus estimates of $3.48 by $0.09. The business had revenue of $1.58 billion during the quarter, compared to the consensus estimate of $1.57 billion. Abercrombie & Fitch had a net margin of 11.16% and a return on equity of 46.50%. The company’s revenue for the quarter was up 9.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.97 EPS.

Hedge Funds Weigh In On Abercrombie & Fitch

A number of large investors have recently modified their holdings of the company. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Abercrombie & Fitch during the 4th quarter valued at $10,212,000. Virtue Capital Management LLC lifted its stake in Abercrombie & Fitch by 1.3% during the 4th quarter. Virtue Capital Management LLC now owns 8,221 shares of the apparel retailer’s stock valued at $1,229,000 after acquiring an additional 102 shares in the last quarter. Toronto Dominion Bank bought a new position in Abercrombie & Fitch during the 4th quarter valued at $399,000. Invst LLC lifted its stake in Abercrombie & Fitch by 15.7% during the 4th quarter. Invst LLC now owns 4,017 shares of the apparel retailer’s stock valued at $600,000 after acquiring an additional 545 shares in the last quarter. Finally, Public Employees Retirement System of Ohio bought a new position in Abercrombie & Fitch during the 4th quarter valued at $247,000.

Abercrombie & Fitch declared that its Board of Directors has authorized a stock repurchase plan on Wednesday, March 5th that authorizes the company to buyback $1.30 billion in outstanding shares. This buyback authorization authorizes the apparel retailer to repurchase up to 29.5% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s management believes its shares are undervalued.

About Abercrombie & Fitch

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Abercrombie & Fitch Co engages in the retail of apparel, personal care products, and accessories. The firm operates through following geographical segments: Americas, EMEA and APAC. The Americas segment includes operations in North America and South America. The EMEA segment includes operations in Europe, the Middle East and Africa.

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