American Eagle Outfitters, Inc. (NYSE:AEO) Analysts Consensus Rating Revealed

American Eagle Outfitters, Inc. (NYSE:AEO) has received a consensus rating of “Hold” from nine brokerages covering the company. MarketBeat has reported that one analyst rated the stock as sell, four as hold, and four as buy. The average twelve-month target price among analysts who have provided ratings in the past year is $25.00.

Analyst Reports on AEO Stock

Several analyst reports have been released regarding American Eagle Outfitters. Morgan Stanley lowered their price target from $19.00 to $18.00 with an “underweight” rating. Bank of America raised their target price from $21.00 to $25.00 and gave the stock a “neutral” rating. Telsey Advisory Group reiterated a “market perform” rating with a $25.00 price target. UBS Group increased their price target from $27.00 to $29.00 and provided a “buy” rating. Barclays raised their target price from $30.00 to $32.00 and assigned an “overweight” rating.

Stock Performance and Financials

American Eagle Outfitters shares opened at $21.97. The company has a fifty-two week low of $10.05 and a high of $26.44. The stock’s fifty-day moving average is $23.86, and the two-hundred day moving average is $22.11. With a market capitalization of $4.32 billion, AEO has a P/E ratio of 19.79, a PEG ratio of 1.02, and a beta of 1.60.

The company recently reported quarterly earnings with $0.34 earnings per share, surpassing the consensus estimate of $0.28 by $0.06. American Eagle Outfitters had a net margin of 4.12% and a return on equity of 19.39%. Revenue for the quarter was $1.14 billion, slightly below the consensus estimate. Analysts predict earnings per share of 1.74 for the current year.

Dividend Announcement and Insider Transactions

American Eagle Outfitters declared a quarterly dividend, paying $0.125 per share on April 26th. This equates to a $0.50 dividend on an annualized basis, with a dividend yield of 2.28%. Insider transactions include CAO James H. Keefer, Jr. selling 7,000 shares and insider Jennifer M. Foyle selling 26,440 shares.

Institutional Investors’ Perspective

Hedge funds have adjusted their positions in American Eagle Outfitters, with various acquisitions and stake reductions. Institutional investors currently own 97.33% of the company’s stock.

About American Eagle Outfitters

American Eagle Outfitters, Inc. operates as a multi-brand specialty retailer in the United States and internationally, offering a range of products under different brand names.

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