American Eagle Outfitters (NYSE:AEO) – Analysts at B. Riley cut their Q2 2018 earnings estimates for shares of American Eagle Outfitters in a research report issued on Thursday. B. Riley analyst J. Van. Sinderen now anticipates that the apparel retailer will post earnings per share of $0.17 for the quarter, down from their prior estimate of $0.20. B. Riley has a “Neutral” rating and a $12.50 price target on the stock. B. Riley also issued estimates for American Eagle Outfitters’ Q4 2018 earnings at $0.37 EPS, FY2018 earnings at $1.08 EPS, Q1 2019 earnings at $0.16 EPS, Q2 2019 earnings at $0.19 EPS, Q3 2019 earnings at $0.38 EPS, Q4 2019 earnings at $0.39 EPS and FY2019 earnings at $1.12 EPS.
Other equities analysts also recently issued reports about the company. Vetr downgraded American Eagle Outfitters from a “strong-buy” rating to a “buy” rating and set a $16.67 target price for the company. in a research report on Thursday, March 2nd. Jefferies Group LLC reaffirmed a “buy” rating and issued a $19.00 target price on shares of American Eagle Outfitters in a research report on Wednesday, March 1st. Royal Bank of Canada set a $17.00 target price on American Eagle Outfitters and gave the company a “buy” rating in a research report on Saturday, March 11th. SunTrust Banks, Inc. reaffirmed a “buy” rating on shares of American Eagle Outfitters in a research report on Saturday, April 1st. Finally, Deutsche Bank AG reaffirmed a “buy” rating and issued a $20.00 target price on shares of American Eagle Outfitters in a research report on Monday, April 24th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and ten have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $16.11.
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Shares of American Eagle Outfitters (NYSE:AEO) opened at 10.85 on Friday. The firm’s 50 day moving average is $13.49 and its 200 day moving average is $15.18. American Eagle Outfitters has a 52-week low of $10.56 and a 52-week high of $19.55. The stock has a market capitalization of $1.95 billion, a price-to-earnings ratio of 10.04 and a beta of 0.91.
American Eagle Outfitters (NYSE:AEO) last issued its earnings results on Wednesday, May 17th. The apparel retailer reported $0.16 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by $0.01. American Eagle Outfitters had a return on equity of 21.77% and a net margin of 6.62%. The business had revenue of $761.80 million for the quarter, compared to the consensus estimate of $741.76 million. During the same quarter in the previous year, the company earned $0.22 earnings per share. The firm’s revenue was up 1.7% on a year-over-year basis.
A number of large investors have recently modified their holdings of AEO. Glen Harbor Capital Management LLC boosted its stake in shares of American Eagle Outfitters by 2.2% in the first quarter. Glen Harbor Capital Management LLC now owns 7,238 shares of the apparel retailer’s stock worth $102,000 after buying an additional 154 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of American Eagle Outfitters by 58.4% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,804 shares of the apparel retailer’s stock worth $109,000 after buying an additional 2,877 shares in the last quarter. Elkfork Partners LLC boosted its stake in shares of American Eagle Outfitters by 2.2% in the first quarter. Elkfork Partners LLC now owns 9,212 shares of the apparel retailer’s stock worth $129,000 after buying an additional 196 shares in the last quarter. FNY Managed Accounts LLC purchased a new stake in shares of American Eagle Outfitters during the first quarter worth $147,000. Finally, Verity Asset Management Inc. purchased a new stake in shares of American Eagle Outfitters during the first quarter worth $152,000. Institutional investors own 95.68% of the company’s stock.
The company also recently disclosed a quarterly dividend, which was paid on Friday, April 21st. Shareholders of record on Friday, April 7th were paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 4.61%. The ex-dividend date of this dividend was Wednesday, April 5th. American Eagle Outfitters’s dividend payout ratio is currently 39.06%.
American Eagle Outfitters Company Profile
American Eagle Outfitters, Inc (AEO Inc) is a multi-brand specialty retailer. The Company offers a range of apparel and accessories for men and women under the American Eagle Outfitters Brand (AEO Brand), and intimates, apparel and personal care products for women under the Aerie brand. AEO Inc operates stores in the United States, Canada, Mexico, Hong Kong, China and the United Kingdom.
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