Wunderlich reaffirmed their hold rating on shares of American Eagle Outfitters (NYSE:AEO) in a report published onSaturday, MarketBeat.Com reports.
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The Pittsburgh, Pennsylvania-based company posted quarterly net income of $33.3 million, or $0.17 per share, compared to $5.8 million, or $0.03 per share, in the year-ago period. Analysts expected revenue of $769.56 million for the quarter. The figure is the consensus from all of the firms that have issued estimates on the company. The 1 year high for the stock price is 18.49 United States dollars while the 52 week low for the share price is 10.78 USD.
Separately, TheStreet Ratings team rates AMERN EAGLE OUTFITTERS INC as a Buy with a ratings score of B-. The heightened volatility saw the trading volume jump to 4,937,580 shares. The company has a market cap of $3,570 million and there are 195,421,000 shares in outstanding. The stock’s 50-day moving average price is $17.76 and its 200-day moving average price is $16.70. (NYSE:AEO) is $18.41 and the 52-week low is $10.78. American Eagle Outfitters has a 12 month low of $11.77 and a 12 month high of $18.49. 6 analysts have rated the company at hold. Over the last 30 and 90 trading days the company share price has increased 1.08 points and increased 0.51 points respectively.
American Eagle ended the quarter with $327 million in total cash and investments, versus $263 million past year.
In other American Eagle Outfitters news, Director Cary D. Mcmillan bought 6,000 shares of the firm’s stock in a transaction on Wednesday, June 10th. In terms of sales expectations, the surprise factor in per share dollar terms was $10.964 away from what analysts had projected for the quarter, or a difference of 1.592%. The ex-dividend date of this dividend was Wednesday, July 1st. The consensus target from these analysts now sits at $18.5. The shares were purchased at an average cost of $16.86 per share, for a total transaction of $101,160.00. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
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American Eagle Outfitters, Inc. The Business offers accessories clothes and personal care products. AEO, Inc operates under the American Eagle (AE), aerie by American Eagle (aerie), and 77kids by american eagle (77kids) brands. The American Eagle Outfitters brand offers denims, slacks, shorts, sweaters, fleece, outerwear, graphic t shirts, footwear and accessories. The aerie brand is a range of intimates and personal care products for girls, such as bras and undies at the center, and offerings in slumber, swim and apparel. The Business runs around 1,000 retail stores in the United States and internationally, Eagle Outfitters stores, 101 aerie standalone stores and 99 third-party operated shops. The Organization has stores in Hong Kong, Canada, Mexico, the U.S., China as well as Great Britain.
