American Eagle Outfitters (AEO) Receives $15.59 Average Target Price from Analysts

Shares of American Eagle Outfitters (NYSE:AEO) have been given a consensus recommendation of “Hold” by the twenty-one ratings firms that are currently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and twelve have given a buy recommendation to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $15.59.

A number of research analysts have recently weighed in on AEO shares. SunTrust Banks restated a “buy” rating and issued a $21.00 price target on shares of American Eagle Outfitters in a research report on Tuesday, January 9th. Cowen set a $20.00 price objective on American Eagle Outfitters and gave the stock a “buy” rating in a research report on Thursday, January 18th. Telsey Advisory Group lifted their price objective on American Eagle Outfitters from $19.00 to $22.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 2nd. Zacks Investment Research upgraded American Eagle Outfitters from a “hold” rating to a “buy” rating and set a $14.00 price objective for the company in a research report on Thursday, November 9th. Finally, BMO Capital Markets set a $21.00 price objective on American Eagle Outfitters and gave the stock a “buy” rating in a research report on Tuesday, December 19th.

Large investors have recently modified their holdings of the business. Chartwell Investment Partners LLC acquired a new stake in American Eagle Outfitters in the 3rd quarter worth about $3,995,000. Paradigm Capital Management Inc. NY boosted its stake in American Eagle Outfitters by 3.2% in the 3rd quarter. Paradigm Capital Management Inc. NY now owns 236,300 shares of the apparel retailer’s stock worth $3,379,000 after buying an additional 7,300 shares during the last quarter. Gateway Investment Advisers LLC boosted its stake in American Eagle Outfitters by 3.3% in the 4th quarter. Gateway Investment Advisers LLC now owns 398,185 shares of the apparel retailer’s stock worth $7,486,000 after buying an additional 12,559 shares during the last quarter. Senvest Management LLC acquired a new stake in American Eagle Outfitters in the 3rd quarter worth about $22,737,000. Finally, Ameriprise Financial Inc. boosted its stake in American Eagle Outfitters by 205.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,280,569 shares of the apparel retailer’s stock worth $32,611,000 after buying an additional 1,534,344 shares during the last quarter. 83.21% of the stock is currently owned by hedge funds and other institutional investors.

American Eagle Outfitters (NYSE:AEO) opened at $18.18 on Tuesday. American Eagle Outfitters has a 52-week low of $10.23 and a 52-week high of $19.48. The firm has a market capitalization of $3,239.42, a price-to-earnings ratio of 19.76, a PEG ratio of 2.45 and a beta of 1.14.

American Eagle Outfitters (NYSE:AEO) last announced its quarterly earnings results on Wednesday, December 6th. The apparel retailer reported $0.37 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.02). American Eagle Outfitters had a net margin of 4.50% and a return on equity of 17.42%. The firm had revenue of $960.00 million during the quarter, compared to analysts’ expectations of $960.86 million. During the same quarter in the prior year, the business earned $0.41 EPS. The company’s quarterly revenue was up 2.1% compared to the same quarter last year. analysts forecast that American Eagle Outfitters will post 1.16 earnings per share for the current fiscal year.

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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.

Analyst Recommendations for American Eagle Outfitters (NYSE:AEO)

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