American Eagle Outfitters, Inc. (NYSE:AEO) Receives $19.91 Average PT from Analysts

Shares of American Eagle Outfitters, Inc. (NYSE:AEO) have received a consensus recommendation of “Hold” from the fifteen brokerages that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and two have given a buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $19.9091.

AEO has been the topic of several research analyst reports. Telsey Advisory Group decreased their target price on shares of American Eagle Outfitters from $25.00 to $20.00 and set a “market perform” rating on the stock in a research report on Friday, May 29th. Weiss Ratings cut shares of American Eagle Outfitters from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, June 1st. The Goldman Sachs Group set a $22.00 price objective on shares of American Eagle Outfitters in a research note on Monday, June 1st. TD Cowen decreased their price objective on shares of American Eagle Outfitters from $19.00 to $18.00 and set a “hold” rating on the stock in a report on Monday, May 18th. Finally, Wall Street Zen lowered shares of American Eagle Outfitters from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th.

Insider Activity at American Eagle Outfitters

In related news, Director Noel Joseph Spiegel sold 2,892 shares of the company’s stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $16.78, for a total value of $48,527.76. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Cary D. Mcmillan sold 2,892 shares of the firm’s stock in a transaction that occurred on Tuesday, July 7th. The shares were sold at an average price of $16.77, for a total value of $48,498.84. The disclosure for this sale is available in the SEC filing. 8.95% of the stock is owned by insiders.

Institutional Trading of American Eagle Outfitters

Large investors have recently bought and sold shares of the company. Handelsbanken Fonder AB increased its position in shares of American Eagle Outfitters by 9.6% in the second quarter. Handelsbanken Fonder AB now owns 43,392 shares of the apparel retailer’s stock valued at $746,000 after buying an additional 3,800 shares in the last quarter. Hennion & Walsh Asset Management Inc. raised its stake in shares of American Eagle Outfitters by 40.1% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 26,975 shares of the apparel retailer’s stock worth $464,000 after buying an additional 7,724 shares during the last quarter. Segall Bryant & Hamill LLC boosted its position in shares of American Eagle Outfitters by 51.9% in the 1st quarter. Segall Bryant & Hamill LLC now owns 68,669 shares of the apparel retailer’s stock worth $1,147,000 after buying an additional 23,472 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of American Eagle Outfitters by 31.9% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,870 shares of the apparel retailer’s stock worth $48,000 after buying an additional 694 shares in the last quarter. Finally, California State Teachers Retirement System grew its stake in American Eagle Outfitters by 21.7% in the 1st quarter. California State Teachers Retirement System now owns 186,745 shares of the apparel retailer’s stock valued at $3,119,000 after acquiring an additional 33,240 shares during the last quarter. Institutional investors and hedge funds own 97.33% of the company’s stock.

American Eagle Outfitters Stock Up 0.1%

AEO opened at $17.05 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.55 and a quick ratio of 0.53. The business has a 50 day simple moving average of $16.87 and a 200-day simple moving average of $19.78. The stock has a market capitalization of $2.86 billion, a P/E ratio of 10.52, a P/E/G ratio of 3.72 and a beta of 1.31. American Eagle Outfitters has a 12 month low of $9.86 and a 12 month high of $28.46.

American Eagle Outfitters (NYSE:AEO) last posted its quarterly earnings results on Thursday, May 28th. The apparel retailer reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.03. The firm had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.18 billion. American Eagle Outfitters had a return on equity of 20.95% and a net margin of 5.01%.The company’s revenue for the quarter was up 9.7% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.29) earnings per share. On average, equities analysts anticipate that American Eagle Outfitters will post 1.76 earnings per share for the current fiscal year.

American Eagle Outfitters Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 24th. Stockholders of record on Friday, July 10th will be paid a dividend of $0.125 per share. The ex-dividend date of this dividend is Friday, July 10th. This represents a $0.50 annualized dividend and a dividend yield of 2.9%. American Eagle Outfitters’s payout ratio is 30.86%.

About American Eagle Outfitters

American Eagle Outfitters, Inc (NYSE: AEO) is a leading American specialty retailer offering apparel, accessories and personal care products for men and women. The company’s flagship brand, American Eagle, focuses on casualwear including denim, tops, outerwear and accessories targeted primarily at teens and young adults. In addition to its core apparel lines, the company operates the Aerie brand of intimates, loungewear and swimwear, which has gained recognition for its body-positive marketing and inclusive sizing.

American Eagle Outfitters conducts business through a combination of over 900 brick-and-mortar stores in North America and Greater China, complemented by a growing e-commerce platform that serves customers around the globe.