Abercrombie & FitchANF
Market Cap: $6.69B
About: Abercrombie & Fitch Co is a specialty retailer that sells casual clothing, personal-care products, and accessories for men, women, and children. It sells direct to consumers through its stores and websites, which include the Abercrombie & Fitch, Abercrombie kids, and Hollister brands. Most stores are in the United States, but the company does have many stores in Canada, Europe, and Asia. All stores are leased. Abercrombie ships to well over 100 countries via its websites. The company sources its merchandise from dozens of vendors that are primarily located in Asia and Central America. Abercrombie has two distribution centers in Ohio to support its North American operations. It uses third-party distributors for sales in Europe and Asia.
Employees: 31,700
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
98% more first-time investments, than exits
New positions opened: 99 | Existing positions closed: 50
80% more funds holding in top 10
Funds holding in top 10: 5 [Q1] → 9 (+4) [Q2]
42% more capital invested
Capital invested by funds: $6.5B [Q1] → $9.22B (+$2.71B) [Q2]
13% more funds holding
Funds holding: 380 [Q1] → 429 (+49) [Q2]
5% less repeat investments, than reductions
Existing positions increased: 147 | Existing positions reduced: 155
1.68% less ownership
Funds ownership: 103.08% [Q1] → 101.4% (-1.68%) [Q2]
60% less call options, than puts
Call options by funds: $360M | Put options by funds: $893M
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Jefferies Corey Tarlowe 55% 1-year accuracy 11 / 20 met price target | 68%upside $220 | Buy Maintained | 4 Sept 2024 |
Morgan Stanley Alexandra Steiger 22% 1-year accuracy 5 / 23 met price target | 12%upside $147 | Equal-Weight Maintained | 29 Aug 2024 |
UBS Mauricio Serna 50% 1-year accuracy 4 / 8 met price target | 26%upside $165 | Neutral Maintained | 29 Aug 2024 |
Telsey Advisory Group Dana Telsey 39% 1-year accuracy 66 / 171 met price target | 59%upside $208 | Outperform Maintained | 28 Aug 2024 |
Telsey Advisory Group Dana Telsey 39% 1-year accuracy 66 / 171 met price target | 59%upside $208 | Outperform Maintained | 21 Aug 2024 |
Financial journalist opinion
Based on 68 articles about ANF published over the past 30 days