Does American Eagle Outfitters Inc. (NYSE:AEO) presents a BIG investment opportunity?

Stocks of American Eagle Outfitters Inc. (NYSE:AEO) traded higher last session on Wall Street, up 1.77% to $20.17.

AEO stock price is now -9.32% away from the 50-day moving average and -3.72% away from the 200-day moving average. The market capitalization of the company currently stands at $3.96B.

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With the price target maintained at $31, JP Morgan recently Upgraded its rating from Neutral to Overweight for American Eagle Outfitters Inc. (NYSE: AEO). On March 08, 2024, Telsey Advisory Group reiterated its ‘Market Perform’ rating on the stock by increasing its target price from $22 to quote $25, while ‘BofA Securities’ rates the stock as ‘Neutral’

In other news, MCMILLAN CARY D, Director sold 1,908 shares of the company’s stock on Apr 05 ’24. The stock was sold for $46,927 at an average price of $24.59. Upon completion of the transaction, the Director now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 02 ’24, Global Brand President-aerie Foyle Jennifer M. sold 16,971 shares of the business’s stock. A total of $433,253 was realized by selling the stock at an average price of $25.53. This leaves the insider owning 226,497 shares of the company worth $4.57 million. A total of 8.44% of the company’s stock is owned by insiders.

During the past 12 months, American Eagle Outfitters Inc. has had a low of $11.82 and a high of $26.44. As of last week, the company has a debt-to-equity ratio of 0.75, a current ratio of 1.70, and a quick ratio of 0.81. According to the stock market information, the enterprise value for the company is $4967614976, which is based on a 18.27 price-to-earnings ratio, a 1.44 price-to-earnings-growth ratio, and a beta of 1.48. The fifty day moving average price for AEO is $22.1882 and a two-hundred day moving average price translates $20.9772 for the stock.

The latest earnings results from American Eagle Outfitters Inc. (NYSE: AEO) was released for 2024-05-04. The net profit margin was 4.12% and return on equity was 13.01% for AEO. The company reported revenue of $1.14 billion for the quarter, compared to $1.08 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.82 percent.

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