In the last 50 and 100 days, American Eagle Outfitters is up 1.38% and up 0.39%, respectively.
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The Estimize community has been optimistic in regard to American Eagle, calling for EPS of 42 cents and revenue expectations of $1.11 billion, 1 cent higher than Wall Street on the bottom line.
American Eagle Outfitters (AEO – Get Report) stock is rising 1.36% to $15.65 in after-hours trading on Wednesday, immediately following the company’s fourth quarter 2015 results, posted after the market close today.
But American Eagle managed to post sales gains and reported earnings that came in at the high-end of its guidance. “BUY RATING” is issued by 8 analysts and 5 analysts told their opinions of “STRONG BUY RATING”.
American Eagle Outfitters (NYSE:AEO) had its price target reduced by RBC Capital from $20.00 to $18.00 in a report released on Thursday, StockTargetPrices.com reports. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The shares were acquired at an average price of $13.22 per share, with a total value of $2,171,477.54.
The company’s strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, attractive valuation levels and expanding profit margins. The disclosure for this sale can be found here. The growth is impressive considering that several of the company casual apparel peers have failed to achieve even positive growth in revenues, amid an edgy retail environment, store consolidation, and fierce competition from fast fashion retailers. The company reported $0.42 EPS for the quarter. But American Eagle has made progress this year in improving its merchandise and controlling its inventory levels.
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The company said comparable sales in the Aerie brand, which sells intimates and personal care products for women, rose 26 percent in the fourth quarter ended January 30, topping the 13.5 percent rise analysts polled by Consensus Metrix had expected. The American Eagle Outfitters brand offers denims, pants, shorts, sweaters, fleece, outerwear, graphic t-shirts, footwear and accessories. Are you exhausted of paying high fees? Investors must be careful when trading such stocks. It’s time for a change.
