Abercrombie & Fitch (NYSE:ANF – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 1.250-1.450 for the period, compared to the consensus estimate of 3.600. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.6 billion. Abercrombie & Fitch also updated its FY 2025 guidance to 10.400-11.400 EPS.
Analysts Set New Price Targets
ANF has been the topic of several analyst reports. StockNews.com upgraded Abercrombie & Fitch from a “hold” rating to a “buy” rating in a report on Saturday, March 1st. Raymond James dropped their price objective on shares of Abercrombie & Fitch from $180.00 to $165.00 and set an “outperform” rating on the stock in a research note on Tuesday, January 14th. UBS Group upgraded shares of Abercrombie & Fitch from a “neutral” rating to a “buy” rating and upped their target price for the company from $173.00 to $220.00 in a research note on Friday, January 10th. Telsey Advisory Group lowered their price target on shares of Abercrombie & Fitch from $190.00 to $125.00 and set an “outperform” rating for the company in a report on Thursday. Finally, Jefferies Financial Group cut their price objective on shares of Abercrombie & Fitch from $220.00 to $170.00 and set a “buy” rating on the stock in a report on Wednesday. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, Abercrombie & Fitch presently has an average rating of “Moderate Buy” and a consensus target price of $163.38.
Get Our Latest Research Report on ANF
Abercrombie & Fitch Stock Performance
Abercrombie & Fitch (NYSE:ANF – Get Free Report) last issued its earnings results on Wednesday, March 5th. The apparel retailer reported $3.57 EPS for the quarter, beating analysts’ consensus estimates of $3.48 by $0.09. The company had revenue of $1.58 billion during the quarter, compared to the consensus estimate of $1.57 billion. Abercrombie & Fitch had a return on equity of 46.50% and a net margin of 11.16%. Abercrombie & Fitch’s quarterly revenue was up 9.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.97 earnings per share. Equities analysts forecast that Abercrombie & Fitch will post 10.62 earnings per share for the current year.
Abercrombie & Fitch declared that its board has approved a stock repurchase program on Wednesday, March 5th that permits the company to repurchase $1.30 billion in shares. This repurchase authorization permits the apparel retailer to reacquire up to 29.5% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s management believes its shares are undervalued.
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.
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