Analysts Set American Eagle Outfitters, Inc. (NYSE:AEO) PT at $22.10

Shares of American Eagle Outfitters, Inc. (NYSE:AEO) have been assigned an average rating of “Hold” from the eleven brokerages that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $21.60.

AEO has been the subject of a number of research reports. Raymond James assumed coverage on American Eagle Outfitters in a research note on Friday, December 13th. They set a “market perform” rating for the company. Telsey Advisory Group reduced their target price on American Eagle Outfitters from $20.00 to $18.00 and set a “market perform” rating for the company in a report on Tuesday. StockNews.com lowered American Eagle Outfitters from a “buy” rating to a “hold” rating in a report on Tuesday. Bank of America cut their price objective on American Eagle Outfitters from $21.00 to $18.00 and set a “neutral” rating for the company in a report on Wednesday. Finally, Barclays lowered their target price on shares of American Eagle Outfitters from $26.00 to $22.00 and set an “overweight” rating on the stock in a research report on Friday, December 6th.

American Eagle Outfitters Stock Performance

NYSE:AEO opened at $16.07 on Monday. The business’s 50-day simple moving average is $17.36 and its 200 day simple moving average is $19.44. American Eagle Outfitters has a one year low of $15.36 and a one year high of $26.44. The stock has a market cap of $3.09 billion, a price-to-earnings ratio of 13.73, a price-to-earnings-growth ratio of 1.04 and a beta of 1.53.

American Eagle Outfitters (NYSE:AEO) last announced its quarterly earnings results on Wednesday, December 4th. The apparel retailer reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.02. American Eagle Outfitters had a return on equity of 20.75% and a net margin of 4.28%. The business had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.30 billion. During the same period in the prior year, the firm earned $0.49 EPS. The business’s quarterly revenue was down .9% on a year-over-year basis. On average, equities research analysts predict that American Eagle Outfitters will post 1.68 EPS for the current year.

American Eagle Outfitters Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 24th. Investors of record on Friday, January 10th will be given a $0.125 dividend. The ex-dividend date is Friday, January 10th. This represents a $0.50 annualized dividend and a yield of 3.11%. American Eagle Outfitters’s dividend payout ratio is currently 42.74%.

Institutional Investors Weigh In On American Eagle Outfitters

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Kathleen S. Wright Associates Inc. bought a new stake in shares of American Eagle Outfitters in the 3rd quarter valued at about $32,000. Park Place Capital Corp acquired a new position in shares of American Eagle Outfitters during the 4th quarter worth approximately $45,000. Advisors Asset Management Inc. boosted its position in shares of American Eagle Outfitters by 171.1% during the 3rd quarter. Advisors Asset Management Inc. now owns 2,548 shares of the apparel retailer’s stock worth $57,000 after acquiring an additional 1,608 shares in the last quarter. Meeder Asset Management Inc. acquired a new stake in shares of American Eagle Outfitters during the 3rd quarter worth approximately $141,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of American Eagle Outfitters during the 3rd quarter worth approximately $141,000. 97.33% of the stock is owned by institutional investors.

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.