Based on the analysts taken into account by Zacks, the average rating now stands at 1.96 for American Eagle Outfitters, Inc. They set an outperform rating and a $22.00 target price on the stock. The stock has increased 64 percent in the last 12 months.
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Looking ahead, American Eagle Outfitters, Inc. The 52-week high of the share price is $18.41 and the 52-week low is $10.63. The firm has a 50-day moving average price of $17.79 and a 200-day moving average price of $16.75. The stock has a market cap of $3.29 billion and a P/E ratio of 31.07. The apparel retailer reported $0.17 EPS for the quarter, topping the Zacks’ consensus estimate of $0.14 by $0.03, Market Beat reports.
Its net revenue climbed 12 percent to $797.4 million. From the trading data available, it was disclosed that a block trade of negative money flow worth $(-0.4) million occurred during the day. Wall Street Brokerage Firms have recommended on the company shares. A total of 6,000 shares were purchased at a price of $16.86 per share. This represents a $0.50 dividend on an annualized basis and a yield of 2.72%. The ex-dividend date was Wednesday, July 1st.
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AEO has been the subject of a number of other reports. The most bullish outlook for the stock is attributable to Randal J Konik of Jefferies with a target price of $23 and a Buy rating. Analysts from L&F Capital Management believe ANF closures will bring a higher volume of traffic into American Eagle stores. Finally, Nomura raised their price target on shares of American Eagle Outfitters from $16.00 to $17.00 and gave the stock a neutral rating in a research report on Thursday, May 21st. (NYSE:AEO) is expected to issue their next earnings release for the current quarter on 2015-08-19. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and eighteen have given a buy rating to the company’s stock. The consensus target from these analysts now sits at $18.5. American Eagle is among a handful of specialty retailers that have managed to improve products and cut back on promotional activities. Through the Companys family of brands, it offers clothing, accessories and personal care products. As of January 28, 2012, the Company operated 1,090 stores in the United States and Canada under the American Eagle Outfitters, aerie and 77kids brands. The American Eagle Outfitters brand offers denims, trousers, shorts, sweaters, fleece, outerwear, graphic t-shirts, footwear and accessories. The Organization offers its products online at ae.com and aerie.com and at various worldwide store locations handled by third party operators.
