Analysts’ Recent Ratings Updates for American Eagle Outfitters (AEO)

American Eagle Outfitters (NYSE: AEO) recently received a number of ratings updates from brokerages and research firms:

  • 12/19/2017 – American Eagle Outfitters was given a new $21.00 price target on by analysts at BMO Capital Markets. They now have a “buy” rating on the stock.
  • 12/9/2017 – American Eagle Outfitters was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 12/7/2017 – American Eagle Outfitters had its “buy” rating reaffirmed by analysts at SunTrust Banks, Inc.. They now have a $19.00 price target on the stock.
  • 12/7/2017 – American Eagle Outfitters had its “outperform” rating reaffirmed by analysts at Cowen Inc. They now have a $19.00 price target on the stock, up previously from $16.00.
  • 12/7/2017 – American Eagle Outfitters had its price target raised by analysts at Telsey Advisory Group from $16.00 to $19.00. They now have an “outperform” rating on the stock.
  • 12/7/2017 – American Eagle Outfitters had its price target raised by analysts at B. Riley from $15.00 to $18.00. They now have a “buy” rating on the stock.
  • 11/9/2017 – American Eagle Outfitters was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $14.00 price target on the stock. According to Zacks, “American Eagle has outperformed the industry year to date. While second-quarter fiscal 2017 marked the company's second straight quarter of sales beat, earnings topped estimates after a miss in the last quarter. The company also posted 10th straight quarter of positive comps on the back of strong online sales at both brands driven by efficient use of omni-channel capabilities to enhance customer experience. Also, its new loyalty program, AEO Connect is likely to enhance customers' experience. We commend American Eagle's focus on expansion, as evident from its plans to enter the Indian market. Moreover, the company remains optimistic about the second half of fiscal 2017, especially the fall season. However, margins have been strained owing to increased promotions and the company expects these trends to continue and hurt results. Estimates have been stable ahead of the third quarter earnings.”
  • 11/9/2017 – American Eagle Outfitters was upgraded by analysts at Wolfe Research from an “underperform” rating to a “market perform” rating.
  • 11/7/2017 – American Eagle Outfitters was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “American Eagle has outperformed the industry in the past three months driven by a robust second-quarter fiscal 2017. While the quarter marked the company's second straight quarter of sales beat, earnings topped estimates after a miss in the last quarter. The company also posted 10th straight quarter of positive comps on the back of strong online sales at both brands driven by efficient use of omni-channel capabilities to enhance customer experience. Also, its new loyalty program, AEO Connect is likely to enhance customers' experience. We commend American Eagle's focus on expansion, as evident from its plans to enter the Indian market. Moreover, the company remains optimistic about the second half of fiscal 2017, especially the fall season. However, margins have been strained owing to increased promotions and the company expects these trends to continue and hurt results. Estimates have been stable ahead of the third quarter earnings.”
  • 11/1/2017 – American Eagle Outfitters had its “buy” rating reaffirmed by analysts at B. Riley.

American Eagle Outfitters (AEO) traded down $0.10 during trading hours on Thursday, hitting $19.03. 2,090,798 shares of the stock were exchanged, compared to its average volume of 4,573,568. American Eagle Outfitters has a fifty-two week low of $10.23 and a fifty-two week high of $19.48. The firm has a market cap of $3,390.00, a PE ratio of 20.91, a PEG ratio of 2.17 and a beta of 1.19.

American Eagle Outfitters (NYSE:AEO) last released its quarterly earnings data on Wednesday, December 6th. The apparel retailer reported $0.37 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.02). American Eagle Outfitters had a return on equity of 17.42% and a net margin of 4.50%. The business had revenue of $960.00 million during the quarter, compared to analysts’ expectations of $960.86 million. During the same quarter in the prior year, the firm earned $0.41 earnings per share. American Eagle Outfitters’s quarterly revenue was up 2.1% on a year-over-year basis. sell-side analysts forecast that American Eagle Outfitters will post 1.16 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 15th will be issued a $0.125 dividend. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $0.50 dividend on an annualized basis and a yield of 2.63%. American Eagle Outfitters’s dividend payout ratio (DPR) is 54.95%.

American Eagle Outfitters, Inc (AEO Inc) is a multi-brand specialty retailer. The Company offers a range of apparel and accessories for men and women under the American Eagle Outfitters Brand (AEO Brand), and intimates, apparel and personal care products for women under the Aerie brand. AEO Inc operates stores in the United States, Canada, Mexico, Hong Kong, China and the United Kingdom.

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