American Eagle Outfitters (NYSE:AEO) PT Raised to $17.00 at Barclays

American Eagle Outfitters (NYSE:AEOGet Rating) had its target price increased by research analysts at Barclays from $11.00 to $17.00 in a report issued on Wednesday, The Fly reports. The firm currently has an “equal weight” rating on the apparel retailer’s stock. Barclays‘s target price suggests a potential upside of 7.59% from the company’s current price.

Several other analysts have also commented on AEO. Telsey Advisory Group reduced their price target on shares of American Eagle Outfitters from $15.00 to $13.00 and set a “market perform” rating on the stock in a research report on Thursday, September 8th. Cowen dropped their price target on shares of American Eagle Outfitters from $13.00 to $11.00 and set a “market perform” rating for the company in a research note on Thursday, September 8th. Cowen dropped their price target on shares of American Eagle Outfitters from $13.00 to $11.00 and set a “market perform” rating for the company in a research note on Thursday, September 8th. JPMorgan Chase & Co. boosted their target price on shares of American Eagle Outfitters from $12.00 to $13.00 in a research note on Friday, September 16th. Finally, Citigroup lowered their target price on shares of American Eagle Outfitters from $13.00 to $10.00 and set a “neutral” rating for the company in a research note on Thursday, September 8th. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $15.31.

American Eagle Outfitters Trading Up 2.9 %

AEO stock opened at $15.80 on Wednesday. The company has a current ratio of 1.86, a quick ratio of 0.68 and a debt-to-equity ratio of 0.28. American Eagle Outfitters has a 12-month low of $9.46 and a 12-month high of $28.62. The stock has a market cap of $2.96 billion, a price-to-earnings ratio of 26.78, a PEG ratio of 2.03 and a beta of 1.34. The business’s 50-day moving average is $11.19 and its 200 day moving average is $11.87.

American Eagle Outfitters (NYSE:AEOGet Rating) last posted its quarterly earnings data on Tuesday, November 22nd. The apparel retailer reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.19. American Eagle Outfitters had a return on equity of 13.56% and a net margin of 2.42%. The company had revenue of $1.24 billion for the quarter, compared to analysts’ expectations of $1.21 billion. During the same period in the previous year, the firm posted $0.76 EPS. American Eagle Outfitters’s revenue was down 2.6% compared to the same quarter last year. On average, sell-side analysts anticipate that American Eagle Outfitters will post 0.66 EPS for the current fiscal year.

Hedge Funds Weigh In On American Eagle Outfitters

A number of institutional investors have recently modified their holdings of AEO. Eisler Capital UK Ltd. acquired a new stake in American Eagle Outfitters during the third quarter worth approximately $34,000. Elequin Capital LP purchased a new stake in shares of American Eagle Outfitters in the first quarter valued at $37,000. Canada Pension Plan Investment Board acquired a new position in American Eagle Outfitters in the first quarter valued at $37,000. Meeder Asset Management Inc. acquired a new stake in American Eagle Outfitters in the 1st quarter worth about $51,000. Finally, QVIDTVM Management LLC acquired a new stake in shares of American Eagle Outfitters in the third quarter worth approximately $58,000.

About American Eagle Outfitters

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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 provides jeans, and specialty apparel and accessories for women and men; and intimates, apparel, activewear, and swim collections, as well as personal care products for women.

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