Abercrombie & Fitch (ANF)

• Market cap: $7.79B
• 1 day: 0.85%
• 5 days: 8.06%
• 1 month: 12.97%
• 3 months: 9.00%
• 6 months: -11.96%
• Year to date: 69.92%
• 1 year: 71.94%
• 5 years: 832.21%
• 10 years: 462.24%
• Sector: Consumer Discretionary
• Industry: Family Clothing Stores

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 Q3 regulatory filings by fund managers ($100M+ AUM)

62% more repeat investments, than reductions

Existing positions increased: 190 | Existing positions reduced: 117

12% more first-time investments, than exits

New positions opened: 91 | Existing positions closed: 81

2% more funds holding

Funds holding: 429 [Q2] → 439 (+10) [Q3]

3.28% less ownership

Funds ownership: 102.54% [Q2] → 99.25% (-3.28%) [Q3]

24% less capital invested

Capital invested by funds: $9.32B [Q2] → $7.1B (-$2.22B) [Q3]

44% less funds holding in top 10

Funds holding in top 10: 9 [Q2] → 5 (-4) [Q3]

49% less call options, than puts

Call options by funds: $451M | Put options by funds: $886M

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $149 4% downside
• Avg. target: $179 16% upside
• High target: $204 32% upside

5 analyst ratings

• positive: 3 60%
• neutral: 2 40%
• negative: 0 0%

JP Morgan Matthew Boss 50% 1-year accuracy 32 / 64 met price target	32% upside $204	Overweight Maintained	20 Dec 2024
Raymond James Rick Patel 75% 1-year accuracy 15 / 20 met price target	16% upside $180	Outperform Initiated	6 Dec 2024
UBS Mauricio Serna 17% 1-year accuracy 2 / 12 met price target	12% upside $173	Neutral Maintained	27 Nov 2024
Morgan Stanley Alexandra Steiger 58% 1-year accuracy 11 / 19 met price target	4% downside $149	Equal-Weight Maintained	27 Nov 2024
Telsey Advisory Group Dana Telsey 67% 1-year accuracy 126 / 189 met price target	23% upside $190	Outperform Maintained	26 Nov 2024