Analysts forecast earnings per share of $0.21, up exactly $0.04 or 23.53% from 2014’s $0.17 EPS. The company earned $749 million during the quarter, compared to the consensus estimate of $732.84 million.
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Many Wall Street Analysts have commented on American Eagle Outfitters. The stock was sold at an average price of $15.85, for a total value of $75,826.40. The trading activity of 4.76 Million shares climbed down over an average volume of 4.76 Million shares. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The stock has a consensus analyst price target of $60.69for twelve month. Following the transaction, the Global Brand President-AE is left with a stake of 14,741 shares, now valued at $279047. The disclosure for this sale can be found here.
American Eagle is scheduled to report financial results for the second quarter before Wednesday’s market open. The insider owns 1,005,369 shares which have current market value of around $19031635.MARKFIELD ROGER S is another major inside shareholder in the company. Analysts had expected American Eagle Outfitters (NYSE:AEO) to report earnings of about $0.18 per share on $731.38M in revenue. The company will announce its quarterly earnings for the second quarter of the fiscal year 2016 on Wednesday, August 17, after the close of day’s main trading session. This represents a $0.50 annualized dividend and a yield of 2.64%. Wolfe Research maintained the firm’s rating on January 11.
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American Eagle Outfitters (NYSE:AEO) plunged -2.12% or -0.41 points during previous trade after opening at the price of $19.22, a total of 10.20M shares exchanged hands compared with its average trading volume of 3.97M shares. And roundups of analyst notes show that 6 are rating the stock a buy while 5 rate AEO a strong buy. (AEO) is a leading global specialty retailer offering high-quality, on-trend clothing, accessories and personal care products at affordable prices under its American Eagle Outfitters® and Aerie® brands. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and sixteen have given a buy rating to the company. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell The mean price target for the shares of company is at $5.20 while the highest price target suggested by the analysts is $8.00 and low price target is $3.00. The company also provides insurance coverage for various lines of personal and commercial insurance, such as property, vehicle, casualty, life, health, and accident insurance, in addition to commercial crop, life, and environmental insurance; and commercial equipment financing products, in addition to offers securities, insurance, and advisory services through financial consultants. The Company operates in the segment of American Eagle Outfitters Brand (AEO Brand) retail stores, Aerie by American Eagle Outfitters retail stores and AEO Direct.
