Equities analysts expect that American Eagle Outfitters (NYSE:AEO) will post earnings per share of $0.22 for the current quarter, Zacks Investment Research reports. Six analysts have made estimates for American Eagle Outfitters’ earnings, with estimates ranging from $0.20 to $0.23. American Eagle Outfitters reported earnings of $0.16 per share during the same quarter last year, which indicates a positive year over year growth rate of 37.5%. The business is expected to announce its next quarterly earnings results on Wednesday, May 16th.
On average, analysts expect that American Eagle Outfitters will report full year earnings of $1.46 per share for the current financial year, with EPS estimates ranging from $1.35 to $1.55. For the next year, analysts anticipate that the business will post earnings of $1.53 per share, with EPS estimates ranging from $1.35 to $1.75. Zacks’ EPS calculations are an average based on a survey of research firms that cover American Eagle Outfitters.
American Eagle Outfitters (NYSE:AEO) last announced its earnings results on Thursday, March 8th. The apparel retailer reported $0.44 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.44. American Eagle Outfitters had a net margin of 5.38% and a return on equity of 17.91%. The business had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.21 billion. During the same quarter in the prior year, the firm posted $0.39 earnings per share. The business’s revenue for the quarter was up 12.0% on a year-over-year basis.
AEO has been the topic of several recent analyst reports. Jefferies Group reaffirmed a “buy” rating and issued a $24.00 price target on shares of American Eagle Outfitters in a research note on Friday, February 23rd. ValuEngine raised shares of American Eagle Outfitters from a “buy” rating to a “strong-buy” rating in a research note on Friday, March 2nd. Morgan Stanley raised their price target on shares of American Eagle Outfitters from $15.00 to $16.00 and gave the stock an “underweight” rating in a research note on Friday, March 9th. Buckingham Research raised shares of American Eagle Outfitters from a “neutral” rating to a “buy” rating and set a $22.00 price target on the stock in a research note on Thursday, January 11th. Finally, B. Riley reaffirmed a “buy” rating and issued a $22.00 price target (up previously from $20.00) on shares of American Eagle Outfitters in a research note on Thursday, March 8th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $18.00.
Shares of American Eagle Outfitters (NYSE:AEO) traded down $0.07 on Thursday, hitting $19.52. 3,757,300 shares of the stock traded hands, compared to its average volume of 5,243,768. American Eagle Outfitters has a 1-year low of $10.23 and a 1-year high of $20.83. The stock has a market capitalization of $3,461.05, a P/E ratio of 17.12, a P/E/G ratio of 1.89 and a beta of 1.01.
The company also recently declared a quarterly dividend, which will be paid on Friday, April 27th. Stockholders of record on Friday, April 13th will be issued a $0.1375 dividend. This is a boost from American Eagle Outfitters’s previous quarterly dividend of $0.13. This represents a $0.55 dividend on an annualized basis and a dividend yield of 2.82%. The ex-dividend date of this dividend is Thursday, April 12th. American Eagle Outfitters’s dividend payout ratio (DPR) is currently 43.86%.
Several large investors have recently added to or reduced their stakes in AEO. Cerebellum GP LLC bought a new stake in shares of American Eagle Outfitters in the 4th quarter valued at about $129,000. Advisor Group Inc. boosted its stake in American Eagle Outfitters by 291.6% in the 4th quarter. Advisor Group Inc. now owns 7,257 shares of the apparel retailer’s stock worth $137,000 after purchasing an additional 5,404 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new stake in American Eagle Outfitters in the 3rd quarter worth approximately $160,000. Lbmc Investment Advisors LLC acquired a new stake in American Eagle Outfitters in the 3rd quarter worth approximately $182,000. Finally, Sequoia Financial Advisors LLC acquired a new stake in American Eagle Outfitters in the 4th quarter worth approximately $189,000. Institutional investors and hedge funds own 86.08% of the company’s stock.
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About American Eagle Outfitters
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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