American Eagle Outfitters (NYSE:AEO) Given “Underperform” Rating at Bank of America

Bank of America reaffirmed their underperform rating on shares of American Eagle Outfitters (NYSE:AEO) in a research report sent to investors on Monday, Marketbeat reports. They currently have a $10.00 price target on the apparel retailer’s stock, down from their prior price target of $11.00.

A number of other equities research analysts have also commented on AEO. BMO Capital Markets decreased their price objective on American Eagle Outfitters from $15.00 to $11.00 and set a “market perform” rating for the company in a research report on Wednesday, May 14th. Citigroup restated a “neutral” rating on shares of American Eagle Outfitters in a report on Friday, May 23rd. Barclays lowered their price objective on shares of American Eagle Outfitters from $10.00 to $9.00 and set an “underweight” rating on the stock in a research report on Monday, May 12th. Morgan Stanley set a $10.00 target price on shares of American Eagle Outfitters and gave the stock an “equal weight” rating in a research report on Monday, June 2nd. Finally, Telsey Advisory Group lifted their target price on shares of American Eagle Outfitters to $12.00 and gave the company a “hold” rating in a research note on Friday, May 30th. One investment analyst has rated the stock with a Buy rating, nine have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and an average price target of $14.40.

American Eagle Outfitters Trading Down 2.7%

Shares of AEO opened at $12.50 on Monday. The business’s 50-day moving average price is $11.03 and its 200 day moving average price is $11.42. The stock has a market capitalization of $2.17 billion, a P/E ratio of 12.76 and a beta of 1.51. American Eagle Outfitters has a 1-year low of $9.27 and a 1-year high of $22.83. The company has a current ratio of 1.38, a quick ratio of 0.56 and a debt-to-equity ratio of 0.07.

American Eagle Outfitters (NYSE:AEO) last posted its quarterly earnings data on Thursday, May 29th. The apparel retailer reported ($0.29) EPS for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.04). The firm had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.08 billion. American Eagle Outfitters had a net margin of 3.73% and a return on equity of 13.34%. American Eagle Outfitters’s quarterly revenue was down 4.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.34 earnings per share. American Eagle Outfitters has set its Q2 2025 guidance at EPS. Analysts expect that American Eagle Outfitters will post 1.7 earnings per share for the current year.

American Eagle Outfitters Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 25th. Shareholders of record on Friday, July 11th were given a $0.125 dividend. The ex-dividend date of this dividend was Friday, July 11th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.0%. American Eagle Outfitters’s payout ratio is currently 51.02%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the stock. Raymond James Financial Inc. acquired a new stake in shares of American Eagle Outfitters in the fourth quarter valued at about $2,154,000. First Trust Advisors LP lifted its position in shares of American Eagle Outfitters by 1.0% during the 4th quarter. First Trust Advisors LP now owns 228,898 shares of the apparel retailer’s stock worth $3,816,000 after purchasing an additional 2,172 shares during the last quarter. MetLife Investment Management LLC boosted its stake in American Eagle Outfitters by 0.7% during the 4th quarter. MetLife Investment Management LLC now owns 105,949 shares of the apparel retailer’s stock valued at $1,766,000 after purchasing an additional 724 shares during the period. Tower Research Capital LLC TRC grew its holdings in American Eagle Outfitters by 292.1% in the 4th quarter. Tower Research Capital LLC TRC now owns 17,955 shares of the apparel retailer’s stock valued at $299,000 after buying an additional 13,376 shares during the last quarter. Finally, Stifel Financial Corp increased its position in American Eagle Outfitters by 15.1% in the 4th quarter. Stifel Financial Corp now owns 74,960 shares of the apparel retailer’s stock worth $1,250,000 after buying an additional 9,812 shares during the period. 97.33% of the stock is owned by institutional investors.

About American Eagle Outfitters

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.