Abercrombie & Fitch stock hits 52-week low at $74.02

Published 31/03/2025, 15:14
Abercrombie & Fitch stock hits 52-week low at $74.02

Abercrombie & Fitch Co. shares have tumbled to a 52-week low, with the stock price touching $74.02, marking a significant downturn for the retailer known for its casualwear and lifestyle brand. This latest price level reflects a stark contrast to the company’s performance over the past year, with Abercrombie & Fitch experiencing a 1-year change of -43.03%. Investors and analysts are closely monitoring the stock as it navigates through a challenging retail environment, with consumer spending habits shifting and competition in the apparel industry remaining fierce. The company’s efforts to revitalize its brand and adapt to the evolving market will be critical in determining its ability to rebound from this 52-week low.

In other recent news, Abercrombie & Fitch reported a 15.6% increase in overall revenue for fiscal 2024, following a similar growth rate the previous year. This growth was driven by successful transformation initiatives and improved profitability, as noted by S&P Global Ratings, which revised the company’s outlook to positive. S&P also highlighted Abercrombie & Fitch’s adjusted EBITDA expansion to approximately $1.2 billion, influenced by increased digital sales and optimized store operations. Analysts have been adjusting their price targets for the company, with UBS reducing its target from $210 to $150 while maintaining a Buy rating, citing strong sales figures despite concerns over margin pressures. Similarly, Citi and Jefferies also lowered their price targets to $135 and $170, respectively, while both firms maintained Buy ratings, pointing to temporary challenges like elevated inventory levels and markdowns.

JPMorgan, on the other hand, adjusted its target to $168, maintaining an Overweight rating, and noted the company’s progress in marketing and merchandising, which has broadened its customer base. The Hollister brand, under Abercrombie & Fitch, is experiencing significant growth, particularly in the Men’s and Tops categories, as highlighted by several analysts. The company’s international sales also show potential for recovery, with a $400 million revenue recapture opportunity relative to pre-pandemic levels. Despite the lowered price targets, analysts remain optimistic about Abercrombie & Fitch’s long-term prospects, with expectations for EBIT margin expansion and continued brand strengthening.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.