Abercrombie & Fitch (NYSE:ANF) Shares Cross Above 200 Day Moving Average – Should You Sell?

Abercrombie & Fitch Company (NYSE:ANFGet Free Report) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $92.65 and traded as high as $93.18. Abercrombie & Fitch shares last traded at $92.9370, with a volume of 1,102,265 shares traded.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on ANF shares. Morgan Stanley reiterated an “equal weight” rating and issued a $87.00 price target on shares of Abercrombie & Fitch in a research note on Monday, July 6th. Telsey Advisory Group reduced their price objective on shares of Abercrombie & Fitch from $125.00 to $115.00 and set an “outperform” rating for the company in a research note on Thursday, May 28th. BTIG Research restated a “buy” rating and issued a $120.00 price objective on shares of Abercrombie & Fitch in a report on Wednesday, May 27th. Needham & Company LLC reaffirmed a “buy” rating and issued a $108.00 target price on shares of Abercrombie & Fitch in a research report on Wednesday, May 27th. Finally, Raymond James Financial set a $92.00 target price on Abercrombie & Fitch in a report on Thursday, May 21st. Eight equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $111.91.

Read Our Latest Analysis on Abercrombie & Fitch

Abercrombie & Fitch Stock Up 0.1%

The business’s 50 day simple moving average is $83.21 and its 200 day simple moving average is $92.45. The stock has a market cap of $4.32 billion, a price-to-earnings ratio of 9.33 and a beta of 0.89.

Abercrombie & Fitch (NYSE:ANFGet Free Report) last released its quarterly earnings data on Wednesday, May 27th. The apparel retailer reported $1.47 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.21. The company had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.12 billion. Abercrombie & Fitch had a net margin of 9.34% and a return on equity of 34.36%. Abercrombie & Fitch’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.59 EPS. Abercrombie & Fitch has set its Q2 2026 guidance at 1.800-2.000 EPS and its FY 2026 guidance at 10.200-11.000 EPS. Equities research analysts forecast that Abercrombie & Fitch Company will post 10.46 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of ANF. NewEdge Advisors LLC increased its position in Abercrombie & Fitch by 181.6% during the 2nd quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer’s stock worth $29,000 after buying an additional 227 shares during the period. Transamerica Financial Advisors LLC increased its position in Abercrombie & Fitch by 322.0% during the fourth quarter. Transamerica Financial Advisors LLC now owns 249 shares of the apparel retailer’s stock worth $31,000 after acquiring an additional 190 shares during the period. Larson Financial Group LLC increased its position in Abercrombie & Fitch by 120.3% during the fourth quarter. Larson Financial Group LLC now owns 271 shares of the apparel retailer’s stock worth $34,000 after acquiring an additional 148 shares during the period. Nomura Asset Management Co. Ltd. raised its stake in Abercrombie & Fitch by 94.4% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 350 shares of the apparel retailer’s stock worth $44,000 after purchasing an additional 170 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd acquired a new stake in Abercrombie & Fitch in the 4th quarter worth about $44,000.

About Abercrombie & Fitch

(Get Free Report)

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.

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