The stock of American Eagle Outfitters Inc. (NYSE:AEO) last traded at $15.25, down -0.13% from the previous session.
Data from the available sources indicates that American Eagle Outfitters Inc. (NYSE:AEO) is covered by 13 analysts. The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $24.00 and a low of $12.50, we find $17.00. Given the previous closing price of $15.27, this indicates a potential upside of 11.33 percent. AEO stock price is now 0.57% away from the 50-day moving average and 8.83% away from the 200-day moving average. The market capitalization of the company currently stands at $3.01B.
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In total, 8 analysts have assigned it a hold rating, and 2 have given it a buy rating. Brokers who have rated the stock have averaged $17.29 as their price target over the next twelve months.
With the price target enhanced from $11 to $18, Barclays Upgraded its rating from Equal Weight to Overweight for American Eagle Outfitters Inc. (NYSE: AEO).
In other news, Rempell Michael R, EVP, Chief Operations Officer sold 2,967 shares of the company’s stock on Apr 10. The stock was sold for $40,233 at an average price of $13.56. Upon completion of the transaction, the EVP, Chief Operations Officer now directly owns 172,003 shares in the company, valued at $2.62 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 31, EVP, Chief Operations Officer Rempell Michael R sold 5,761 shares of the business’s stock. A total of $76,794 was realized by selling the stock at an average price of $13.33. This leaves the insider owning 172,003 shares of the company worth $2.62 million. Insiders disposed of 444,237 shares of company stock worth roughly $6.77 million over the past 1 year. A total of 8.33% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in AEO stock. A new stake in American Eagle Outfitters Inc. shares was purchased by DEPRINCE RACE & ZOLLO INC during the first quarter worth $29,057,000. DDD PARTNERS, LLC invested $7,986,000 in shares of AEO during the first quarter. In the first quarter, TWINBEECH CAPITAL LP acquired a new stake in American Eagle Outfitters Inc. valued at approximately $4,767,000. GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC acquired a new stake in AEO for approximately $3,579,000. MONARCH PARTNERS ASSET MANAGEMENT LLC purchased a new stake in AEO valued at around $2,152,000 in the second quarter. In total, there are 411 active investors with 91.65% ownership of the company’s stock.
With an opening price of $15.25 on Tuesday morning, American Eagle Outfitters Inc. (NYSE: AEO) set off the trading day. During the past 12 months, American Eagle Outfitters Inc. has had a low of $9.46 and a high of $17.53. As of last week, the company has a debt-to-equity ratio of 0.77, a current ratio of 1.58, and a quick ratio of 0.74. According to the stock market information, the enterprise value for the company is $4.12B, which is based on a 14.73 price-to-earnings ratio, a 0.86 price-to-earnings-growth ratio, and a beta of 1.52. The fifty day moving average price for AEO is $15.22 and a two-hundred day moving average price translates $14.01 for the stock.
The latest earnings results from American Eagle Outfitters Inc. (NYSE: AEO) was released for Jul, 2023. According to the Apparel Retail Company, earnings per share came in at $0.25, beating analysts’ expectations of $0.16 by 0.09. This compares to -$0.24 EPS in the same period last year. The net profit margin was 4.04% and return on equity was 13.32% for AEO. The company reported revenue of $1.2 billion for the quarter, compared to $1.2 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.23 percent. For the current quarter, analysts expect AEO to generate $1.27B in revenue.
Moreover, the firm recently paid out its quarterly dividend on 10/27/2023. Investors who held shares on 10/13/2023 were paid a $0.10 dividend. On an annualized basis, this represents a $0.42 dividend and a 2.78% percent yield. There was an ex-dividend date of 10/12/2023 for this dividend. In terms of dividend payout ratio, AEO is presently at 56.57%.
