Brokerages Set American Eagle Outfitters, Inc. (NYSE:AEO) PT at $15.50

Shares of American Eagle Outfitters, Inc. (NYSE:AEO) have earned an average recommendation of “Hold” from the eleven analysts that are currently covering the firm, Marketbeat Ratings reports. Ten equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is $15.50.

Several research analysts have weighed in on the stock. BMO Capital Markets restated a “market perform” rating and set a $15.00 target price (down from $19.00) on shares of American Eagle Outfitters in a research report on Tuesday, March 11th. UBS Group lowered their price target on American Eagle Outfitters from $32.00 to $28.00 and set a “buy” rating on the stock in a report on Thursday, March 13th. Morgan Stanley decreased their target price on American Eagle Outfitters from $16.00 to $12.00 and set an “equal weight” rating on the stock in a research report on Thursday, March 13th. Citigroup set a $13.00 price target on American Eagle Outfitters and gave the company a “neutral” rating in a research report on Tuesday, March 11th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of American Eagle Outfitters from $15.00 to $10.00 and set a “neutral” rating on the stock in a research report on Monday, April 14th.

American Eagle Outfitters Stock Performance

Shares of NYSE AEO opened at $10.78 on Wednesday. American Eagle Outfitters has a one year low of $9.45 and a one year high of $25.15. The firm has a market capitalization of $1.86 billion, a P/E ratio of 9.21, a PEG ratio of 0.82 and a beta of 1.40. The company’s fifty day moving average is $11.61 and its two-hundred day moving average is $15.45.

American Eagle Outfitters Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 25th. Stockholders of record on Friday, April 11th were given a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.64%. The ex-dividend date of this dividend was Friday, April 11th. American Eagle Outfitters’s dividend payout ratio is presently 29.76%.

Institutional Trading of American Eagle Outfitters

Hedge funds have recently bought and sold shares of the company. Asset Management One Co. Ltd. boosted its position in shares of American Eagle Outfitters by 38.7% in the first quarter. Asset Management One Co. Ltd. now owns 4,173 shares of the apparel retailer’s stock worth $48,000 after acquiring an additional 1,165 shares during the last quarter. Janney Montgomery Scott LLC acquired a new stake in shares of American Eagle Outfitters during the 1st quarter worth $440,000. Vaughan Nelson Investment Management L.P. purchased a new position in shares of American Eagle Outfitters in the 1st quarter worth $18,927,000. Wealth Enhancement Advisory Services LLC boosted its holdings in American Eagle Outfitters by 319.2% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 44,570 shares of the apparel retailer’s stock valued at $518,000 after acquiring an additional 33,938 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new stake in American Eagle Outfitters during the first quarter valued at about $451,000. Institutional investors and hedge funds own 97.33% of the company’s stock.

American Eagle Outfitters Company Profile

American Eagle Outfitters, Inc operates as a multi-brand specialty retailer in the United States and internationally. The company provides jeans, apparel and accessories, and personal care products for women and men under the American Eagle brand; and intimates, apparel, activewear, and swim collections under the Aerie and OFFLINE by Aerie brands.