Abercrombie & Fitch
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
18% more first-time investments, than exits
New positions opened: 91 | Existing positions closed: 77
2% more funds holding
Funds holding: 429 [Q2] → 439 (+10) [Q3]
3.04% less ownership
Funds ownership: 102.95% [Q2] → 99.91% (-3.04%) [Q3]
24% less capital invested
Capital invested by funds: $9.36B [Q2] → $7.14B (-$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: $454M | Put options by funds: $886M
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
UBS Jay Sole 67% 1-year accuracy 32 / 48 met price target | 62%upside $220 | Buy Upgraded | 10 Jan 2025 |
JP Morgan Matthew Boss 58% 1-year accuracy 39 / 67 met price target | 50%upside $204 | Overweight Maintained | 20 Dec 2024 |
Raymond James Rick Patel 88% 1-year accuracy 15 / 17 met price target | 33%upside $180 | Outperform Initiated | 6 Dec 2024 |
UBS Mauricio Serna 0% 1-year accuracy 0 / 11 met price target | 27%upside $173 | Neutral Maintained | 27 Nov 2024 |
Morgan Stanley Alexandra Steiger 67% 1-year accuracy 12 / 18 met price target | 10%upside $149 | Equal-Weight Maintained | 27 Nov 2024 |
Financial journalist opinion
Based on 32 articles about ANF published over the past 30 days
