American Eagle Outfitters (NYSE:AEO) Shares Gap Down to $15.05

American Eagle Outfitters (NYSE:AEO)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $14.39, but opened at $15.05. American Eagle Outfitters shares last traded at $14.65, with a volume of 155,217 shares traded.

A number of equities analysts have recently commented on the company. Royal Bank of Canada downgraded American Eagle Outfitters from an “outperform” rating to a “sector perform” rating and set a $24.00 price objective on the stock. in a report on Thursday, May 9th. They noted that the move was a valuation call. UBS Group set a $26.00 target price on American Eagle Outfitters and gave the company a “buy” rating in a research note on Friday, June 21st. Zacks Investment Research raised American Eagle Outfitters from a “sell” rating to a “hold” rating and set a $22.00 price target for the company in a research report on Monday, May 27th. Wedbush reduced their price target on American Eagle Outfitters from $25.00 to $20.00 and set a “neutral” rating for the company in a research report on Thursday, June 6th. Finally, ValuEngine cut American Eagle Outfitters from a “hold” rating to a “sell” rating in a research report on Tuesday, June 11th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $23.73.

The company has a current ratio of 1.46, a quick ratio of 0.76 and a debt-to-equity ratio of 1.07. The firm has a market cap of $2.68 billion, a price-to-earnings ratio of 9.99, a PEG ratio of 1.48 and a beta of 0.96. The firm has a 50-day moving average of $16.94 and a two-hundred day moving average of $19.60.



American Eagle Outfitters (NYSE:AEO) last posted its quarterly earnings data on Wednesday, June 5th. The apparel retailer reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.03. The business had revenue of $886.29 million during the quarter, compared to analysts’ expectations of $855.55 million. American Eagle Outfitters had a return on equity of 20.80% and a net margin of 6.41%. The firm’s revenue was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.23 EPS. As a group, equities analysts anticipate that American Eagle Outfitters will post 1.58 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Friday, July 26th. Stockholders of record on Friday, July 12th were paid a dividend of $0.1375 per share. This represents a $0.55 dividend on an annualized basis and a dividend yield of 3.72%. The ex-dividend date was Thursday, July 11th. American Eagle Outfitters’s payout ratio is 37.16%.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Federated Investors Inc. PA grew its holdings in American Eagle Outfitters by 64.6% in the first quarter. Federated Investors Inc. PA now owns 666,542 shares of the apparel retailer’s stock valued at $14,777,000 after purchasing an additional 261,578 shares during the last quarter. Lombard Odier Asset Management USA Corp purchased a new stake in shares of American Eagle Outfitters during the 1st quarter valued at about $2,771,000. Kennedy Capital Management Inc. raised its holdings in shares of American Eagle Outfitters by 1.7% during the 1st quarter. Kennedy Capital Management Inc. now owns 457,433 shares of the apparel retailer’s stock valued at $10,141,000 after buying an additional 7,745 shares during the period. Valeo Financial Advisors LLC raised its holdings in shares of American Eagle Outfitters by 693.1% during the 2nd quarter. Valeo Financial Advisors LLC now owns 3,680 shares of the apparel retailer’s stock valued at $62,000 after buying an additional 3,216 shares during the period. Finally, FNY Investment Advisers LLC purchased a new stake in shares of American Eagle Outfitters during the 1st quarter valued at about $66,000. 91.19% of the stock is currently owned by hedge funds and other institutional investors.

American Eagle Outfitters Company Profile (NYSE:AEO)

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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