The brokerage presently has a "neutral" rating on the apparel retailer's stock.
Media stories about American Eagle Outfitters (NYSE:AEO) have trended somewhat positive recently, Accern Sentiment reports.
Large investors have recently made changes to their positions in the business. Advisor Group Inc. now owns 7,257 shares of the apparel retailer's stock worth $137,000 after buying an additional 5,404 shares during the period.
The stock now shows its YTD (Year to Date) performance of 4.41 percent, whereas its Weekly performance stands at -1.41%. Bank of New York Mellon Corp boosted its holdings in American Eagle Outfitters by 6.2% during the 4th quarter. Chartwell Investment Partners LLC now owns 641,854 shares of the apparel retailer's stock valued at $12,067,000 after buying an additional 362,449 shares during the period. The company said it went into the holiday quarter expecting another promotional season and sought to gain market share by offering big discounts. Institutional investors own 86.08% of the company's stock. The target implies a 1.88% spike from where the shares are now trading.
Shares of American Eagle Outfitters (NYSE AEO) opened at $19.63 on Friday.
The Relative Volume of the company is 1.1 and Average Volume (3 months) is 4.56 million. The price/earnings ratio (P/E) is 21.57 and the forward P/E ratio stands at 12.94. The higher end of the revenue estimate is $817.2 Million and the lower end is $785.7 Million. Company fiscal year is ending in January and analysts' consensus recommendation is Outperform for AEO and estimated EPS for next quarter is 1.05. Return on Equity (ROE) stands at 15.3% and Return on Investment (ROI) of 17.3 percent. This estimate is provided by 13 analysts. The low EPS estimate is $0.19, while the high EPS estimate is $0.23. American Eagle Outfitters's revenue was up 12.0% on a year-over-year basis. sell-side analysts expect that American Eagle Outfitters will post 1.44 EPS for the current year. Shareholders of record on Friday, April 13th will be issued a dividend of $0.1375 per share. Sequoia Financial Advisors LLC bought a new stake in shares of American Eagle Outfitters during the 4th quarter worth about $189,000. The ex-dividend date is Thursday, April 12th. ValuEngine raised shares of American Eagle Outfitters from a "buy" rating to a "strong-buy" rating in a research report on Friday, March 2nd. Finally, Buckingham Research set a $23.00 price target on American Eagle Outfitters and gave the stock a "buy" rating in a research note on Friday. Analysts reported that the Price Target for American Eagle Outfitters, Inc. might touch $24 high while the Average Price Target and Low price Target is $19.38 and $14 respectively. (NYSE:AEO) received a Buy rating from 1 analysts.
American Eagle Outfitters (NYSE:AEO) last issued its quarterly earnings data on Thursday, March 8th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. Telsey Advisory Group increased their price target on shares of American Eagle Outfitters from $16.00 to $19.00 and gave the stock an outperform rating in a research report on Thursday, December 7th.
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American Eagle Outfitters (NYSE:AEO) down -0.82% to close at the price of $19.47. 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.