Analysts Set American Eagle Outfitters, Inc. (NYSE:AEO) Price Target at $14.80

Shares of American Eagle Outfitters, Inc. (NYSE:AEO) have received an average rating of “Hold” from the eleven research firms that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $14.80.

A number of research firms have recently weighed in on AEO. Barclays cut their price target on American Eagle Outfitters from $10.00 to $9.00 and set an “underweight” rating on the stock in a report on Monday, May 12th. BMO Capital Markets lowered their target price on American Eagle Outfitters from $15.00 to $11.00 and set a “market perform” rating on the stock in a research report on Wednesday, May 14th. UBS Group decreased their price target on American Eagle Outfitters from $32.00 to $28.00 and set a “buy” rating for the company in a research note on Thursday, March 13th. Citigroup set a $13.00 price objective on shares of American Eagle Outfitters and gave the stock a “neutral” rating in a report on Tuesday, March 11th. Finally, Morgan Stanley reduced their price objective on shares of American Eagle Outfitters from $12.00 to $11.00 and set an “equal weight” rating for the company in a report on Tuesday, May 6th.

American Eagle Outfitters Price Performance

Shares of AEO opened at $11.45 on Friday. The stock has a market capitalization of $1.98 billion, a PE ratio of 9.79, a price-to-earnings-growth ratio of 0.82 and a beta of 1.56. American Eagle Outfitters has a 12-month low of $9.45 and a 12-month high of $24.26. The business’s fifty day moving average price is $11.31 and its 200 day moving average price is $14.54.

American Eagle Outfitters Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 25th. Shareholders of record on Friday, April 11th were paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 4.37%. The ex-dividend date of this dividend was Friday, April 11th. American Eagle Outfitters’s dividend payout ratio (DPR) is currently 29.76%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of AEO. GAMMA Investing LLC grew its holdings in shares of American Eagle Outfitters by 380.4% during the first quarter. GAMMA Investing LLC now owns 2,325 shares of the apparel retailer’s stock valued at $27,000 after buying an additional 1,841 shares in the last quarter. Blue Trust Inc. lifted its position in shares of American Eagle Outfitters by 95.7% in the fourth quarter. Blue Trust Inc. now owns 1,916 shares of the apparel retailer’s stock worth $32,000 after purchasing an additional 937 shares in the last quarter. Huntington National Bank lifted its position in shares of American Eagle Outfitters by 258.8% in the fourth quarter. Huntington National Bank now owns 2,045 shares of the apparel retailer’s stock worth $34,000 after purchasing an additional 1,475 shares in the last quarter. Principal Securities Inc. lifted its position in shares of American Eagle Outfitters by 2,239.1% in the fourth quarter. Principal Securities Inc. now owns 2,573 shares of the apparel retailer’s stock worth $43,000 after purchasing an additional 2,463 shares in the last quarter. Finally, Park Place Capital Corp purchased a new stake in shares of American Eagle Outfitters in the fourth quarter worth approximately $45,000. Hedge funds and other institutional investors own 97.33% of the company’s stock.

American Eagle Outfitters Company Profile

American Eagle Outfitters, Inc operates as a multi-brand specialty retailer in the United States and internationally. The company provides jeans, apparel and accessories, and personal care products for women and men under the American Eagle brand; and intimates, apparel, activewear, and swim collections under the Aerie and OFFLINE by Aerie brands.