American Eagle Outfitters (NYSE:AEO) Releases Q4 Earnings Guidance

American Eagle Outfitters (NYSE:AEO) issued an update on its fourth quarter earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $0.34-0.36 for the period, compared to the Thomson Reuters consensus estimate of $0.46.

AEO opened at $14.84 on Friday. The company has a 50 day moving average of $15.58 and a 200 day moving average of $16.42. The company has a market cap of $2.39 billion, a PE ratio of 10.03, a price-to-earnings-growth ratio of 1.54 and a beta of 0.83. American Eagle Outfitters has a 12 month low of $13.66 and a 12 month high of $24.30. The company has a current ratio of 1.33, a quick ratio of 0.64 and a debt-to-equity ratio of 1.07.

American Eagle Outfitters (NYSE:AEO) last announced its quarterly earnings results on Wednesday, December 11th. The apparel retailer reported $0.48 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.48. American Eagle Outfitters had a net margin of 6.20% and a return on equity of 21.25%. The firm had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same period last year, the firm earned $0.48 EPS. The business’s quarterly revenue was up 6.2% compared to the same quarter last year. Research analysts forecast that American Eagle Outfitters will post 1.59 earnings per share for the current fiscal year.

Several research analysts have commented on the stock. Loop Capital downgraded shares of American Eagle Outfitters from a buy rating to a hold rating and cut their price target for the company from $20.00 to $15.00 in a report on Monday, November 25th. JPMorgan Chase & Co. set a $16.00 price target on shares of American Eagle Outfitters and gave the company a hold rating in a report on Wednesday, September 4th. Deutsche Bank set a $23.00 price target on shares of American Eagle Outfitters and gave the company a buy rating in a report on Friday, August 16th. ValuEngine raised shares of American Eagle Outfitters from a sell rating to a hold rating in a report on Tuesday, December 3rd. Finally, Morgan Stanley cut their price target on shares of American Eagle Outfitters from $17.00 to $14.00 and set an underweight rating for the company in a report on Thursday, September 5th. One analyst has rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of $19.64.

About American Eagle Outfitters

American Eagle Outfitters, Inc operates as a specialty retailer that provides clothing, accessories, and personal care products under the American Eagle and Aerie brands. The company also provides jeans, and other apparel and accessories for men and women; and intimates, activewear, and swim collections, as well as personal care products for women.

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Earnings History and Estimates for American Eagle Outfitters (NYSE:AEO)

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