American Eagle Outfitters (NYSE:AEO) mean estimate for revenue for the ongoing quarter ending Oct 16 is $942.33M by 22 analysts. On these bases, analysts would recommend this stock as an “Active Spinning Stocks”.
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American Eagle Outfitters, Inc. opened at $18.42 and closed at $18.33 by showing an increase of 2.13%. American Eagle Outfitters makes up approx 0.64% of Genesee Valley Trust Co’s portfolio. 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 $20.00 while the highest price target suggested by the analysts is $25.00 and low price target is $12.00. Finally, Citigroup Inc. lifted their price target on shares of American Eagle Outfitters from $16.00 to $19.00 and gave the company a “neutral” rating in a report on Thursday. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and seventeen have assigned a buy rating to the company.
American Eagle Outfitters (NYSE:AEO) went down -2.63% during trading on 8/22/2016, hitting $19.04.
The recent traded volume of 6.23 million shares higher than its average volume of 4.78 million shares. It has twelve month low of $12.78 and twelve month high of $19.55. The firm has a market cap of $3.35 billion and a price-to-earnings ratio of 14.74.
Golden Cross Alert: The 50 day MA is now above the 200 day moving average.
For the fiscal quarter ending 2016-10-31, analysts see American Eagle Outfitters, Inc. posting EPS of $0.45. The company had revenue of $822.60 million for the quarter, compared to analysts expectations of $821.16 million.
Revenue rose 3% year over year to $822.6 million, beating estimates by $2.4 million.
While looking at the Stock’s Performance, American Eagle Outfitters, Inc. now shows a Weekly Performance of -0.43%, where Monthly Performance is 8.65%, Quarterly performance is 19.12%, 6 Months performance is 34.29% and yearly performance percentage is 14.34%. Year to Date, the current share price of the stock is above 15.83%. The current price dropped -4.83% from its SMA 50 of $9.00. Following the sale, the chief operating officer now directly owns 196,868 shares in the company, valued at approximately $3,677,494.24. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
American Eagle Outfitters, Inc. annual Divided is 0.5 while it’s Dividend Yield is 2.67%. The American Eagle Outfitters brand offers denims, pants, shorts, sweaters, fleece, outerwear, graphic t-shirts, footwear and accessories. In recently’s evolving retail landscape, we are committed to offering the very best product and customer experience to position AEO’s brands as leaders in a new generation of successful retail brands. 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.
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American Eagle reported its eighth consecutive quarter of profit improvement, primarily due to a large demand for its Aerie line of lingerie, and personal care products.
