American Eagle Outfitters, Inc. (NYSE:AEO) Receives $25.00 Average Price Target from Brokerages

Shares of American Eagle Outfitters, Inc. (NYSE:AEO) have earned a consensus recommendation of “Hold” from the nine research firms that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $25.00.

AEO has been the subject of a number of analyst reports. Telsey Advisory Group restated a “market perform” rating and set a $25.00 price target on shares of American Eagle Outfitters 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 shares of American Eagle Outfitters from a “hold” rating to a “buy” rating in a research note on Monday, May 27th. Morgan Stanley cut their target price 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. Finally, Barclays lifted their target price on shares of American Eagle Outfitters from $30.00 to $32.00 and gave the company an “overweight” rating in a research note on Monday, April 29th.

American Eagle Outfitters Stock Down 0.7 %

AEO stock opened at $19.96 on Thursday. American Eagle Outfitters has a twelve month low of $11.51 and a twelve month high of $26.44. The company has a market cap of $3.92 billion, a PE ratio of 17.98, a price-to-earnings-growth ratio of 0.97 and a beta of 1.49. The business’s 50-day simple moving average is $22.54 and its 200 day simple moving average is $22.38.

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

American Eagle Outfitters Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 26th. Investors of record on Friday, July 12th will be given a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 2.51%. The ex-dividend date is Friday, July 12th. American Eagle Outfitters’s dividend payout ratio (DPR) is presently 45.05%.

Insider Buying and Selling

In related news, insider Jennifer M. Foyle sold 16,971 shares of the business’s stock in a transaction that occurred on Tuesday, April 2nd. The shares were sold at an average price of $25.53, for a total value of $433,269.63. Following the completion of the transaction, the insider now owns 226,497 shares in the company, valued at approximately $5,782,468.41. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other American Eagle Outfitters news, Director Cary D. Mcmillan sold 1,908 shares of American Eagle Outfitters stock in a transaction on Friday, April 5th. The shares were sold at an average price of $24.59, for a total transaction of $46,917.72. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Jennifer M. Foyle sold 16,971 shares of American Eagle Outfitters stock in a transaction on Tuesday, April 2nd. The stock was sold at an average price of $25.53, for a total transaction of $433,269.63. Following the sale, the insider now directly owns 226,497 shares of the company’s stock, valued at approximately $5,782,468.41. The disclosure for this sale can be found here. 7.30% of the stock is currently owned by corporate insiders.

Institutional Trading of American Eagle Outfitters

A number of institutional investors have recently bought and sold shares of AEO. Los Angeles Capital Management LLC acquired a new position in shares of American Eagle Outfitters in the 1st quarter valued at $3,457,000. Pacer Advisors Inc. grew its holdings in shares of American Eagle Outfitters by 37.6% in the 4th quarter. Pacer Advisors Inc. now owns 6,092,955 shares of the apparel retailer’s stock valued at $128,927,000 after buying an additional 1,663,569 shares during the period. Boulder Hill Capital Management LP acquired a new position in shares of American Eagle Outfitters in the 4th quarter valued at $2,254,000. Capstone Investment Advisors LLC bought a new stake in American Eagle Outfitters in the 4th quarter valued at $830,000. Finally, Wellington Management Group LLP lifted its position in American Eagle Outfitters by 84.0% in the 3rd quarter. Wellington Management Group LLP now owns 233,065 shares of the apparel retailer’s stock valued at $3,871,000 after acquiring an additional 106,397 shares in the last quarter. Institutional investors and hedge funds 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.