American Eagle Outfitters, Inc. (NYSE:AEO) - Equities research analysts at Oppenheimer Holdings issued their Q1 2019 earnings per share estimates for American Eagle Outfitters in a report released on Wednesday. Oppenheimer Holdings analyst A. Andreeva expects that the apparel retailer will post earnings of $0.16 per share for the quarter. Oppenheimer Holdings has a “Hold” rating and a $13.00 price objective on the stock. Oppenheimer Holdings also issued estimates for American Eagle Outfitters’ Q2 2019 earnings at $0.19 EPS, Q3 2019 earnings at $0.43 EPS, Q4 2019 earnings at $0.42 EPS and FY2019 earnings at $1.20 EPS.
Several other research analysts have also issued reports on AEO. UBS AG reiterated a “neutral” rating and issued a $11.00 price target (down from $17.00) on shares of American Eagle Outfitters in a research note on Friday, May 19th. B. Riley reiterated a “neutral” rating and issued a $12.50 price target on shares of American Eagle Outfitters in a research note on Thursday, May 18th. Buckingham Research reiterated a “neutral” rating on shares of American Eagle Outfitters in a research note on Thursday. BMO Capital Markets set a $15.00 price target on shares of American Eagle Outfitters and gave the stock a “buy” rating in a research note on Tuesday, August 8th. Finally, J P Morgan Chase & Co reiterated a “neutral” rating and issued a $13.00 price target (up from $12.00) on shares of American Eagle Outfitters in a research note on Thursday. Four investment analysts have rated the stock with a sell rating, ten have given a hold rating and eleven have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $14.75.
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Shares of American Eagle Outfitters (NYSE AEO) traded up 4.34% during trading on Friday, reaching $12.73. 7,023,222 shares of the company were exchanged. American Eagle Outfitters has a 52-week low of $10.23 and a 52-week high of $19.02. The firm has a market cap of $2.26 billion, a price-to-earnings ratio of 13.07 and a beta of 1.09. The stock’s 50-day moving average is $11.65 and its 200-day moving average is $12.89.
American Eagle Outfitters (NYSE:AEO) last announced its earnings results on Wednesday, August 23rd. The apparel retailer reported $0.19 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.16 by $0.03. The firm had revenue of $845 million during the quarter, compared to analyst estimates of $823.84 million. American Eagle Outfitters had a net margin of 4.85% and a return on equity of 18.25%. The company’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.23 EPS.
Several institutional investors have recently bought and sold shares of the company. Afam Capital Inc. increased its position in American Eagle Outfitters by 0.3% in the second quarter. Afam Capital Inc. now owns 399,804 shares of the apparel retailer’s stock worth $4,818,000 after buying an additional 1,286 shares during the last quarter. Sterling Capital Management LLC acquired a new position in American Eagle Outfitters during the second quarter worth about $128,000. Raymond James Financial Services Advisors Inc. acquired a new position in American Eagle Outfitters during the second quarter worth about $754,000. State Street Corp increased its position in American Eagle Outfitters by 4.5% in the second quarter. State Street Corp now owns 6,011,488 shares of the apparel retailer’s stock worth $72,433,000 after buying an additional 258,845 shares during the last quarter. Finally, Maverick Capital Ltd. acquired a new position in American Eagle Outfitters during the second quarter worth about $3,286,000. 89.03% of the stock is currently owned by institutional investors.
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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