American Eagle Outfitters (AEO) Scheduled to Post Earnings on Tuesday

American Eagle Outfitters (NYSE:AEO) is scheduled to be announcing its earnings results before the market opens on Tuesday, November 21st. Analysts expect the company to announce earnings of $0.46 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

American Eagle Outfitters (NYSE:AEO) last announced its quarterly earnings results on Wednesday, September 6th. The apparel retailer reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.09. The business had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.20 billion. American Eagle Outfitters had a net margin of 4.04% and a return on equity of 14.92%. American Eagle Outfitters’s revenue for the quarter was up .2% on a year-over-year basis. During the same period last year, the company posted $0.04 EPS. On average, analysts expect American Eagle Outfitters to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

American Eagle Outfitters Price Performance

Shares of NYSE:AEO opened at $18.05 on Tuesday. The company has a market capitalization of $3.56 billion, a price-to-earnings ratio of 17.36, a P/E/G ratio of 0.89 and a beta of 1.50. The firm’s 50 day simple moving average is $16.80 and its 200 day simple moving average is $14.48. American Eagle Outfitters has a fifty-two week low of $9.95 and a fifty-two week high of $18.76.

American Eagle Outfitters Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, October 27th. Investors of record on Friday, October 13th were given a $0.10 dividend. The ex-dividend date was Thursday, October 12th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.22%. American Eagle Outfitters’s dividend payout ratio is 38.46%.

Wall Street Analysts Forecast Growth

Several analysts have commented on AEO shares. Morgan Stanley raised their target price on shares of American Eagle Outfitters from $12.00 to $13.00 and gave the stock an “underweight” rating in a report on Friday, September 8th. Telsey Advisory Group raised their target price on shares of American Eagle Outfitters from $15.00 to $19.00 and gave the stock a “market perform” rating in a report on Thursday, September 7th. UBS Group lifted their price objective on shares of American Eagle Outfitters from $18.00 to $22.00 in a report on Friday, September 1st. StockNews.com downgraded shares of American Eagle Outfitters from a “buy” rating to a “hold” rating in a report on Monday, October 16th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of American Eagle Outfitters from $17.00 to $20.00 and gave the company a “buy” rating in a report on Thursday, September 7th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $16.41.

Insider Activity at American Eagle Outfitters

In related news, insider Jennifer M. Foyle sold 30,000 shares of the firm’s stock in a transaction on Friday, October 13th. The shares were sold at an average price of $17.00, for a total value of $510,000.00. Following the completion of the transaction, the insider now directly owns 232,459 shares of the company’s stock, valued at $3,951,803. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 7.50% of the stock is owned by company insiders.

Hedge Funds Weigh In On American Eagle Outfitters

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. State of Wyoming bought a new position in American Eagle Outfitters during the fourth quarter worth $27,000. Canada Pension Plan Investment Board bought a new position in American Eagle Outfitters during the first quarter worth $37,000. Quarry LP bought a new position in American Eagle Outfitters during the first quarter worth $38,000. Public Employees Retirement System of Ohio bought a new position in American Eagle Outfitters during the first quarter worth $85,000. Finally, PFS Investments Inc. bought a new position in American Eagle Outfitters during the fourth quarter worth $144,000. 90.10% of the stock is owned by institutional investors.

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 in the United States and internationally. The company provides jeans, apparel and accessories, and personal care products for women and men; and intimates, apparel, activewear, and swim collections.