American Eagle Outfitters, Inc. (NYSE:AEO) Given Average Recommendation of “Hold” by Analysts

Shares of American Eagle Outfitters, Inc. (NYSE:AEO) have received an average rating of “Hold” from the nine brokerages that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $25.00.

Several research analysts have recently commented on AEO shares. Morgan Stanley lowered their price objective on shares of American Eagle Outfitters from $19.00 to $18.00 and set an “underweight” rating for the company in a research note on Thursday, May 30th. JPMorgan Chase & Co. upgraded shares of American Eagle Outfitters from a “neutral” rating to an “overweight” rating and set a $31.00 price target for the company in a research note on Tuesday, April 9th. StockNews.com upgraded American Eagle Outfitters from a “hold” rating to a “buy” rating in a research note on Monday, May 27th. Telsey Advisory Group reissued a “market perform” rating and set a $25.00 target price on shares of American Eagle Outfitters in a research note on Thursday, May 30th. Finally, Barclays increased their price target on American Eagle Outfitters from $30.00 to $32.00 and gave the company an “overweight” rating in a research report on Monday, April 29th.

American Eagle Outfitters Stock Up 2.5 %

AEO stock opened at $21.74 on Monday. The stock has a market cap of $4.27 billion, a price-to-earnings ratio of 19.59, a price-to-earnings-growth ratio of 1.01 and a beta of 1.51. American Eagle Outfitters has a 52-week low of $13.58 and a 52-week high of $26.44. The business has a fifty day moving average of $21.11 and a two-hundred day moving average of $22.31.

American Eagle Outfitters (NYSE:AEO) last released its quarterly earnings results on Wednesday, May 29th. The apparel retailer reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.06. The company had revenue of $1.14 billion for the quarter, compared to analysts’ expectations of $1.15 billion. American Eagle Outfitters had a return on equity of 19.39% and a net margin of 4.12%. The firm’s revenue was up 5.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.17 earnings per share. As a group, sell-side analysts anticipate that American Eagle Outfitters will post 1.75 EPS for the current year.

American Eagle Outfitters Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 26th. Stockholders of record on Friday, July 12th were given a dividend of $0.125 per share. The ex-dividend date was Friday, July 12th. This represents a $0.50 annualized dividend and a dividend yield of 2.30%. American Eagle Outfitters’s dividend payout ratio is currently 45.05%.

Insider Activity

In related news, Director Cary D. Mcmillan sold 2,577 shares of the business’s stock in a transaction that occurred on Thursday, July 11th. The stock was sold at an average price of $20.93, for a total transaction of $53,936.61. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 7.30% of the company’s stock.

Institutional Trading of American Eagle Outfitters

Several institutional investors have recently modified their holdings of the stock. UMB Bank n.a. purchased a new position in shares of American Eagle Outfitters in the 1st quarter valued at $27,000. Parallel Advisors LLC grew its holdings in shares of American Eagle Outfitters by 299.7% during the fourth quarter. Parallel Advisors LLC now owns 1,207 shares of the apparel retailer’s stock worth $26,000 after purchasing an additional 905 shares during the last quarter. Hexagon Capital Partners LLC increased its position in shares of American Eagle Outfitters by 6,980.0% during the fourth quarter. Hexagon Capital Partners LLC now owns 1,416 shares of the apparel retailer’s stock worth $30,000 after purchasing an additional 1,396 shares in the last quarter. DekaBank Deutsche Girozentrale purchased a new stake in shares of American Eagle Outfitters in the 4th quarter valued at about $38,000. Finally, Nomura Asset Management Co. Ltd. boosted its position in shares of American Eagle Outfitters by 40.5% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 2,080 shares of the apparel retailer’s stock valued at $44,000 after purchasing an additional 600 shares during the period. 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.