Telsey Advisory Group Lowers Abercrombie & Fitch (NYSE:ANF) Price Target to $125.00

Abercrombie & Fitch (NYSE:ANF) had its target price reduced by Telsey Advisory Group from $190.00 to $125.00 in a research report released on Thursday morning, MarketBeat reports. Telsey Advisory Group currently has an outperform rating on the apparel retailer’s stock. Telsey Advisory Group also issued estimates for Abercrombie & Fitch’s Q3 2026 earnings at $3.01 EPS, Q4 2026 earnings at $4.35 EPS, FY2026 earnings at $11.35 EPS and FY2027 earnings at $12.07 EPS.

A number of other research firms also recently issued reports on ANF. JPMorgan Chase & Co. reduced their price objective on Abercrombie & Fitch from $189.00 to $168.00 and set an “overweight” rating on the stock in a research note on Wednesday. UBS Group upgraded shares of Abercrombie & Fitch from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $173.00 to $220.00 in a research report on Friday, January 10th. StockNews.com upgraded shares of Abercrombie & Fitch from a “hold” rating to a “buy” rating in a research report on Saturday, March 1st. Jefferies Financial Group reduced their target price on shares of Abercrombie & Fitch from $220.00 to $170.00 and set a “buy” rating on the stock in a report on Wednesday. Finally, Raymond James lowered their price target on shares of Abercrombie & Fitch from $180.00 to $165.00 and set an “outperform” rating for the company in a report on Tuesday, January 14th. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $147.75.

Abercrombie & Fitch Stock Performance

Shares of NYSE:ANF opened at $86.16 on Thursday. The firm has a market cap of $4.34 billion, a price-to-earnings ratio of 8.52 and a beta of 1.45. The firm has a fifty day moving average price of $121.00 and a 200 day moving average price of $136.79. Abercrombie & Fitch has a fifty-two week low of $79.77 and a fifty-two week high of $196.99.

Abercrombie & Fitch (NYSE:ANF) last released its quarterly earnings data on Wednesday, March 5th. The apparel retailer reported $3.57 EPS for the quarter, beating the consensus estimate of $3.48 by $0.09. Abercrombie & Fitch had a net margin of 11.16% and a return on equity of 46.50%. The business had revenue of $1.58 billion during the quarter, compared to the consensus estimate of $1.57 billion. During the same quarter in the prior year, the firm earned $2.97 EPS. The business’s revenue was up 9.1% on a year-over-year basis. As a group, research analysts predict 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 repurchase $1.30 billion in outstanding shares. This repurchase authorization permits the apparel retailer to purchase up to 29.5% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its stock is undervalued.

Institutional Trading of Abercrombie & Fitch

Several institutional investors have recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. purchased a new stake in shares of Abercrombie & Fitch in the fourth quarter worth approximately $27,000. UMB Bank n.a. grew its position in Abercrombie & Fitch by 92.2% in the 4th quarter. UMB Bank n.a. now owns 223 shares of the apparel retailer’s stock valued at $33,000 after acquiring an additional 107 shares during the last quarter. Farther Finance Advisors LLC increased its stake in Abercrombie & Fitch by 81.5% in the third quarter. Farther Finance Advisors LLC now owns 274 shares of the apparel retailer’s stock worth $38,000 after purchasing an additional 123 shares during the period. Private Trust Co. NA increased its stake in Abercrombie & Fitch by 604.4% in the third quarter. Private Trust Co. NA now owns 317 shares of the apparel retailer’s stock worth $44,000 after purchasing an additional 272 shares during the period. Finally, Fifth Third Bancorp lifted its position in shares of Abercrombie & Fitch by 56.2% during the fourth quarter. Fifth Third Bancorp now owns 367 shares of the apparel retailer’s stock worth $55,000 after purchasing an additional 132 shares during the last quarter.

About Abercrombie & Fitch

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.