Shares of American Eagle Outfitters, Inc. (NYSE:AEO) have been assigned a consensus rating of “Hold” from the twenty-five brokerages that are currently covering the stock, MarketBeat reports. Four research analysts have rated the stock with a sell rating, eleven have issued a hold rating and ten have issued a buy rating on the company. The average 1 year price objective among brokers that have covered the stock in the last year is $14.58.
Several equities analysts recently weighed in on AEO shares. FBR & Co reaffirmed a “buy” rating and issued a $15.00 price target (up previously from $13.00) on shares of American Eagle Outfitters in a research report on Tuesday, September 5th. BMO Capital Markets set a $15.00 price target on shares of American Eagle Outfitters and gave the company a “buy” rating in a research report on Thursday, July 6th. Royal Bank Of Canada set a $14.00 price target on shares of American Eagle Outfitters and gave the company a “buy” rating in a research report on Monday, June 19th. ValuEngine raised shares of American Eagle Outfitters from a “hold” rating to a “buy” rating in a research report on Thursday, July 6th. Finally, SunTrust Banks, Inc. reaffirmed a “buy” rating and issued a $15.00 price target (down previously from $19.00) on shares of American Eagle Outfitters in a research report on Friday, May 19th.
Several hedge funds have recently modified their holdings of the company. Afam Capital Inc. increased its stake in shares of American Eagle Outfitters by 0.3% during the 2nd quarter. Afam Capital Inc. now owns 399,804 shares of the apparel retailer’s stock worth $4,818,000 after purchasing an additional 1,286 shares during the last quarter. Sterling Capital Management LLC purchased a new stake in shares of American Eagle Outfitters during the 2nd quarter worth approximately $128,000. Raymond James Financial Services Advisors Inc. purchased a new stake in shares of American Eagle Outfitters during the 2nd quarter worth approximately $754,000. State Street Corp increased its stake in shares of American Eagle Outfitters by 4.5% during the 2nd quarter. State Street Corp now owns 6,011,488 shares of the apparel retailer’s stock worth $72,433,000 after purchasing an additional 258,845 shares during the last quarter. Finally, Maverick Capital Ltd. purchased a new stake in shares of American Eagle Outfitters during the 2nd quarter worth approximately $3,286,000. Institutional investors own 83.88% of the company’s stock.
Shares of American Eagle Outfitters (NYSE AEO) traded down 0.07% during mid-day trading on Friday, hitting $13.33. The stock had a trading volume of 5,561,518 shares. The company has a market cap of $2.36 billion, a P/E ratio of 13.69 and a beta of 1.07. American Eagle Outfitters has a 1-year low of $10.23 and a 1-year high of $19.00. The firm’s 50 day moving average price is $12.01 and its 200 day moving average price is $12.62.
American Eagle Outfitters (NYSE:AEO) last issued its earnings results on Wednesday, August 23rd. The apparel retailer reported $0.19 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.16 by $0.03. The company had revenue of $845.00 million during the quarter, compared to the consensus estimate of $823.84 million. American Eagle Outfitters had a return on equity of 18.25% and a net margin of 4.85%. The firm’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period last year, the business posted $0.23 EPS. Analysts predict that American Eagle Outfitters will post $1.13 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, October 20th. Stockholders of record on Friday, October 6th will be paid a dividend of $0.125 per share. The ex-dividend date of this dividend is Thursday, October 5th. This represents a $0.50 annualized dividend and a dividend yield of 3.75%. American Eagle Outfitters’s payout ratio is currently 51.55%.
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American Eagle Outfitters Company Profile
American Eagle Outfitters, Inc (AEO Inc) is a multi-brand specialty retailer. The Company offers a range of apparel and accessories for men and women under the American Eagle Outfitters Brand (AEO Brand), and intimates, apparel and personal care products for women under the Aerie brand. AEO Inc operates stores in the United States, Canada, Mexico, Hong Kong, China and the United Kingdom.
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