American Eagle Outfitters (NYSE:AEO) – B. Riley issued their Q1 2019 EPS estimates for American Eagle Outfitters in a report issued on Wednesday. B. Riley analyst S. Anderson expects that the apparel retailer will post earnings of $0.18 per share for the quarter. B. Riley currently has a “Buy” rating and a $18.00 price target on the stock. B. Riley also issued estimates for American Eagle Outfitters’ Q2 2019 earnings at $0.20 EPS, Q3 2019 earnings at $0.43 EPS and Q4 2019 earnings at $0.43 EPS.
American Eagle Outfitters (NYSE:AEO) last released its earnings results on Wednesday, December 6th. The apparel retailer reported $0.37 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.02). American Eagle Outfitters had a return on equity of 17.42% and a net margin of 4.50%. The business had revenue of $960.00 million during the quarter, compared to analysts’ expectations of $960.86 million. During the same quarter in the previous year, the business earned $0.41 EPS. The business’s revenue for the quarter was up 2.1% on a year-over-year basis.
Several other equities analysts have also commented on the company. Buckingham Research upgraded American Eagle Outfitters from a “neutral” rating to a “buy” rating and set a $22.00 price target on the stock in a research note on Thursday. SunTrust Banks restated a “buy” rating and set a $21.00 price target on shares of American Eagle Outfitters in a research note on Tuesday. Telsey Advisory Group raised their price target on American Eagle Outfitters from $19.00 to $22.00 and gave the company an “outperform” rating in a research note on Tuesday, January 2nd. BMO Capital Markets set a $21.00 price target on American Eagle Outfitters and gave the company a “buy” rating in a research note on Tuesday, December 19th. Finally, ValuEngine upgraded American Eagle Outfitters from a “hold” rating to a “buy” rating in a research note on Saturday, December 9th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and twelve have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $15.74.
Shares of American Eagle Outfitters (AEO) traded up $0.16 during trading on Friday, hitting $18.34. The stock had a trading volume of 3,500,000 shares, compared to its average volume of 5,820,000. The stock has a market capitalization of $3,250.00, a price-to-earnings ratio of 20.15, a P/E/G ratio of 2.10 and a beta of 1.18. American Eagle Outfitters has a 1 year low of $10.23 and a 1 year high of $19.48.
The business also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Friday, December 15th were given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 2.73%. The ex-dividend date was Thursday, December 14th. American Eagle Outfitters’s payout ratio is currently 54.95%.
A number of hedge funds have recently modified their holdings of AEO. Dimensional Fund Advisors LP boosted its position in American Eagle Outfitters by 30.5% during the second quarter. Dimensional Fund Advisors LP now owns 7,220,656 shares of the apparel retailer’s stock valued at $87,008,000 after purchasing an additional 1,687,520 shares in the last quarter. Senvest Management LLC bought a new stake in American Eagle Outfitters during the third quarter valued at about $22,737,000. Ameriprise Financial Inc. boosted its position in American Eagle Outfitters by 205.6% during the third quarter. Ameriprise Financial Inc. now owns 2,280,569 shares of the apparel retailer’s stock valued at $32,611,000 after purchasing an additional 1,534,344 shares in the last quarter. Majedie Asset Management Ltd bought a new stake in American Eagle Outfitters during the third quarter valued at about $18,202,000. Finally, Hamlin Capital Management LLC boosted its position in American Eagle Outfitters by 16.4% during the third quarter. Hamlin Capital Management LLC now owns 6,677,523 shares of the apparel retailer’s stock valued at $95,489,000 after purchasing an additional 940,045 shares in the last quarter. 83.20% of the stock is currently owned by institutional investors.
About American Eagle Outfitters
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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