American Eagle Outfitters (NYSE:AEO) has been given an average recommendation of “Hold” by the twenty-two ratings firms that are currently covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and twelve have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $15.89.
A number of brokerages have weighed in on AEO. B. Riley reaffirmed a “buy” rating on shares of American Eagle Outfitters in a report on Wednesday, November 1st. SunTrust Banks reaffirmed a “buy” rating and issued a $21.00 price objective on shares of American Eagle Outfitters in a report on Tuesday, January 9th. Cowen set a $20.00 price objective on American Eagle Outfitters and gave the company a “buy” rating in a report on Thursday. Buckingham Research raised American Eagle Outfitters from a “neutral” rating to a “buy” rating and set a $22.00 price objective on the stock in a report on Thursday, January 11th. Finally, Telsey Advisory Group boosted their price target on American Eagle Outfitters from $19.00 to $22.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 2nd.
Several large investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP raised its position in shares of American Eagle Outfitters by 9.6% during the 3rd quarter. Dimensional Fund Advisors LP now owns 7,914,649 shares of the apparel retailer’s stock worth $113,179,000 after purchasing an additional 693,993 shares during the last quarter. Hamlin Capital Management LLC raised its position in shares of American Eagle Outfitters by 16.4% during the 3rd quarter. Hamlin Capital Management LLC now owns 6,677,523 shares of the apparel retailer’s stock worth $95,489,000 after purchasing an additional 940,045 shares during the last quarter. State Street Corp raised its position 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. Northern Trust Corp raised its position in shares of American Eagle Outfitters by 4.0% during the 2nd quarter. Northern Trust Corp now owns 3,300,280 shares of the apparel retailer’s stock worth $39,768,000 after purchasing an additional 128,068 shares during the last quarter. Finally, Dalton Greiner Hartman Maher & Co. raised its position in shares of American Eagle Outfitters by 6.2% during the 4th quarter. Dalton Greiner Hartman Maher & Co. now owns 2,553,018 shares of the apparel retailer’s stock worth $47,997,000 after purchasing an additional 149,425 shares during the last quarter. 83.24% of the stock is currently owned by institutional investors and hedge funds.
Shares of American Eagle Outfitters (AEO) traded up $0.42 on Friday, reaching $18.42. The company’s stock had a trading volume of 2,530,000 shares, compared to its average volume of 5,440,000. American Eagle Outfitters has a 12 month low of $10.23 and a 12 month high of $19.48. The stock has a market cap of $3,270.00, a price-to-earnings ratio of 20.24, a PEG ratio of 2.04 and a beta of 1.18.
American Eagle Outfitters (NYSE:AEO) last announced its quarterly earnings data on Wednesday, December 6th. The apparel retailer reported $0.37 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.39 by ($0.02). American Eagle Outfitters had a net margin of 4.50% and a return on equity of 17.42%. The business had revenue of $960.00 million during the quarter, compared to analysts’ expectations of $960.86 million. During the same period in the prior year, the firm posted $0.41 EPS. American Eagle Outfitters’s revenue for the quarter was up 2.1% compared to the same quarter last year. equities research analysts anticipate that American Eagle Outfitters will post 1.16 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Friday, December 29th. Stockholders of record on Friday, December 15th were paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 2.71%. The ex-dividend date was Thursday, December 14th. American Eagle Outfitters’s dividend payout ratio (DPR) is 54.95%.
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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