Abercrombie & Fitch (NYSE:ANF) Releases FY 2025 Earnings Guidance

Abercrombie & Fitch (NYSE:ANF) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 9.500-10.500 for the period, compared to the consensus estimate of 10.280. The company issued revenue guidance of -, compared to the consensus revenue estimate of $5.1 billion. Abercrombie & Fitch also updated its Q2 2025 guidance to 2.100-2.300 EPS.

Analysts Set New Price Targets

A number of research firms have issued reports on ANF. Wall Street Zen downgraded shares of Abercrombie & Fitch from a “buy” rating to a “hold” rating in a research report on Sunday, March 9th. JPMorgan Chase & Co. upped their target price on shares of Abercrombie & Fitch from $142.00 to $147.00 and gave the company an “overweight” rating in a research report on Thursday. Jefferies Financial Group cut their target price on shares of Abercrombie & Fitch from $170.00 to $135.00 and set a “buy” rating on the stock in a research report on Wednesday, May 21st. UBS Group restated a “buy” rating on shares of Abercrombie & Fitch in a research report on Wednesday. Finally, Telsey Advisory Group restated an “outperform” rating and set a $125.00 target price on shares of Abercrombie & Fitch in a research report on Wednesday. Four research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, Abercrombie & Fitch has an average rating of “Moderate Buy” and an average price target of $111.38.

Abercrombie & Fitch Price Performance

Shares of NYSE:ANF opened at $83.11 on Friday. The company has a market capitalization of $3.96 billion, a price-to-earnings ratio of 8.22 and a beta of 1.47. The firm’s 50 day simple moving average is $74.48 and its 200 day simple moving average is $108.09. Abercrombie & Fitch has a fifty-two week low of $65.40 and a fifty-two week high of $194.38.

Abercrombie & Fitch (NYSE:ANF) last issued its quarterly earnings results on Wednesday, May 28th. The apparel retailer reported $1.59 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.24. The company had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.08 billion. Abercrombie & Fitch had a net margin of 11.16% and a return on equity of 46.50%. The business’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period last year, the business earned $2.14 EPS. Equities research analysts expect that Abercrombie & Fitch will post 10.62 earnings per share for the current year.

Abercrombie & Fitch announced that its board has authorized a share buyback program on Wednesday, March 5th that permits the company to buyback $1.30 billion in shares. This buyback authorization permits the apparel retailer to reacquire up to 29.5% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s board believes its shares are undervalued.

Institutional Investors Weigh In On Abercrombie & Fitch

Hedge funds and other institutional investors have recently modified their holdings of the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Abercrombie & Fitch by 8.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 127,389 shares of the apparel retailer’s stock worth $9,729,000 after buying an additional 10,459 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Abercrombie & Fitch by 3.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,517 shares of the apparel retailer’s stock worth $2,254,000 after buying an additional 892 shares in the last quarter. United Services Automobile Association bought a new position in shares of Abercrombie & Fitch in the first quarter worth $261,000. Finally, Jones Financial Companies Lllp increased its position in shares of Abercrombie & Fitch by 521.1% in the first quarter. Jones Financial Companies Lllp now owns 1,000 shares of the apparel retailer’s stock worth $76,000 after purchasing an additional 839 shares during the period.

Abercrombie & Fitch Company Profile

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.