Abercrombie & Fitch (NYSE:ANF) Shares Gap Down – Should You Sell?

Abercrombie & Fitch Company (NYSE:ANF)’s share price gapped down prior to trading on Monday . The stock had previously closed at $124.87, but opened at $103.00. Abercrombie & Fitch shares last traded at $100.3920, with a volume of 1,640,605 shares changing hands.

Trending Headlines about Abercrombie & Fitch

Here are the key news stories impacting Abercrombie & Fitch this week:

• Positive Sentiment: Company said quarter‑to‑date net sales through December were record‑level and aligned with expectations, showing continued consumer demand at the top line. Abercrombie Fitch Outlook Update
• Positive Sentiment: Analyst commentary argues that, despite the market’s knee‑jerk reaction, fundamentals for premium apparel retailers (like ANF) remain intact — suggesting the selloff may be an overreaction. Retail Picture: What Abercrombie & Birkenstock EPS Suggest
• Neutral Sentiment: Management said both Hollister and Abercrombie segments delivered strong holiday sales — a sign that category/brand mix continues to perform unevenly across the portfolio. WSJ: Abercrombie Narrows Guidance
• Negative Sentiment: Management tempered its annual net‑sales growth forecast for fiscal 2025, lowering expectations for full‑year revenue growth — the primary driver of today’s negative reaction. Reuters: Abercrombie tempers sales growth forecast
• Negative Sentiment: Company narrowed its quarterly sales and earnings guidance and adjusted its outlook — investors expected a clearer upbeat outlook after recent results, so the guidance tightening pushed shares lower. Barron’s: Guidance Narrowing
• Negative Sentiment: Multiple market reports summarize investor reaction and explain the sharp intraday drop: the holiday update and outlook tweak were seen as disappointing, prompting the selloff and higher volume. Benzinga: What’s Driving Weakness

Wall Street Analyst Weigh In

Several brokerages have commented on ANF. Barclays raised their price objective on Abercrombie & Fitch from $94.00 to $115.00 and gave the company an “equal weight” rating in a report on Tuesday, January 6th. JPMorgan Chase & Co. lifted their price target on shares of Abercrombie & Fitch from $92.00 to $109.00 and gave the company a “neutral” rating in a research note on Wednesday, November 26th. Wall Street Zen lowered shares of Abercrombie & Fitch from a “buy” rating to a “hold” rating in a research report on Saturday, December 27th. BTIG Research cut their target price on shares of Abercrombie & Fitch from $120.00 to $118.00 and set a “buy” rating for the company in a research note on Wednesday, November 19th. Finally, Zacks Research raised shares of Abercrombie & Fitch from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 25th. Six investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $118.20.

Abercrombie & Fitch Trading Down 17.8%

The company has a market capitalization of $4.71 billion, a price-to-earnings ratio of 9.84 and a beta of 1.17. The firm has a 50-day moving average price of $100.02 and a 200-day moving average price of $92.29.

Abercrombie & Fitch (NYSE:ANF) last issued its quarterly earnings results on Wednesday, November 26th. The apparel retailer reported $2.36 EPS for the quarter, topping the consensus estimate of $2.14 by $0.22. The firm had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.28 billion. Abercrombie & Fitch had a net margin of 10.07% and a return on equity of 38.01%. Abercrombie & Fitch’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period in the previous year, the business earned $2.50 earnings per share. Equities research analysts predict that Abercrombie & Fitch Company will post 10.62 EPS for the current fiscal year.

Institutional Investors Weigh In On Abercrombie & Fitch

Several hedge funds have recently modified their holdings of the stock. NewEdge Advisors LLC grew its stake in Abercrombie & Fitch by 181.6% in the second quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer’s stock valued at $29,000 after purchasing an additional 227 shares in the last quarter. Blue Trust Inc. acquired a new stake in shares of Abercrombie & Fitch during the 3rd quarter valued at about $38,000. Ameritas Advisory Services LLC bought a new stake in shares of Abercrombie & Fitch in the 2nd quarter valued at approximately $38,000. Hantz Financial Services Inc. grew its stake in shares of Abercrombie & Fitch by 108.2% in the 3rd quarter. Hantz Financial Services Inc. now owns 481 shares of the apparel retailer’s stock valued at $41,000 after buying an additional 250 shares in the last quarter. Finally, Bessemer Group Inc. increased its holdings in Abercrombie & Fitch by 268.0% in the third quarter. Bessemer Group Inc. now owns 666 shares of the apparel retailer’s stock worth $56,000 after buying an additional 485 shares during the last quarter.

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.