American Eagle Outfitters (NYSE:AEO) updated its fourth quarter earnings guidance on Monday. The company provided EPS guidance of $0.42-0.44 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.44.
Several brokerages recently commented on AEO. Telsey Advisory Group boosted their price objective on shares of American Eagle Outfitters from $19.00 to $22.00 and gave the company an outperform rating in a research note on Tuesday, January 2nd. BMO Capital Markets set a $21.00 price objective on shares of American Eagle Outfitters and gave the company a buy rating in a research note on Tuesday, December 19th. ValuEngine raised shares of American Eagle Outfitters from a hold rating to a buy rating in a research note on Saturday, December 9th. SunTrust Banks reaffirmed a buy rating and set a $19.00 price objective on shares of American Eagle Outfitters in a research note on Thursday, December 7th. Finally, Cowen reaffirmed an outperform rating and set a $19.00 price objective (up previously from $16.00) on shares of American Eagle Outfitters in a research note on Thursday, December 7th. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and twelve have issued a buy rating to the company. American Eagle Outfitters presently has a consensus rating of Hold and an average target price of $15.48.
Shares of American Eagle Outfitters (AEO) traded down $0.11 during trading on Monday, reaching $17.95. 6,958,523 shares of the company’s stock traded hands, compared to its average volume of 5,276,175. American Eagle Outfitters has a twelve month low of $10.23 and a twelve month high of $19.48. The company has a market capitalization of $3,190.00, a price-to-earnings ratio of 19.73, a PEG ratio of 2.09 and a beta of 1.18.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Stockholders of record on Friday, December 15th were issued a $0.125 dividend. The ex-dividend date of this dividend was Thursday, December 14th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.79%. American Eagle Outfitters’s payout ratio is 54.95%.
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American Eagle Outfitters Company Profile
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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