American Eagle Outfitters, Inc. (NYSE:AEO) Given Average Rating of "Hold" by Brokerages

Shares of American Eagle Outfitters, Inc. (NYSE:AEO - Get Free Report) have been given a consensus recommendation of "Hold" by the eleven ratings firms that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and one has issued a buy rating on the company. The average 12-month price target among brokers that have covered the stock in the last year is $14.80.

Several research firms have commented on AEO. Telsey Advisory Group lowered their price target on shares of American Eagle Outfitters from $18.00 to $12.00 and set a "market perform" rating on the stock in a report on Thursday, March 13th. Bank of America lowered their price target on shares of American Eagle Outfitters from $18.00 to $13.00 and set a "neutral" rating on the stock in a report on Friday, March 14th. Citigroup set a $13.00 price objective on shares of American Eagle Outfitters and gave the stock a "neutral" rating in a research report on Tuesday, March 11th. Morgan Stanley decreased their price objective on shares of American Eagle Outfitters from $12.00 to $11.00 and set an "equal weight" rating for the company in a research report on Tuesday, May 6th. Finally, UBS Group decreased their price objective on shares of American Eagle Outfitters from $32.00 to $28.00 and set a "buy" rating for the company in a research report on Thursday, March 13th.

American Eagle Outfitters Price Performance

NYSE:AEO traded down $0.79 during mid-day trading on Friday, hitting $10.69. The company's stock had a trading volume of 8,968,652 shares, compared to its average volume of 5,490,165. American Eagle Outfitters has a 1 year low of $9.45 and a 1 year high of $24.26. The stock has a market cap of $1.84 billion, a price-to-earnings ratio of 9.13, a PEG ratio of 0.82 and a beta of 1.56. The business's fifty day moving average is $11.31 and its two-hundred day moving average is $14.54.

American Eagle Outfitters Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 25th. Investors of record on Friday, April 11th were paid a dividend of $0.125 per share. The ex-dividend date of this dividend was Friday, April 11th. This represents a $0.50 annualized dividend and a yield of 4.68%. American Eagle Outfitters's dividend payout ratio is presently 29.76%.

Institutional Trading of American Eagle Outfitters

Large investors have recently bought and sold shares of the business. Barclays PLC increased its holdings in shares of American Eagle Outfitters by 51.8% during the 3rd quarter. Barclays PLC now owns 298,263 shares of the apparel retailer's stock worth $6,679,000 after buying an additional 101,795 shares during the last quarter. Park Avenue Securities LLC acquired a new stake in shares of American Eagle Outfitters during the 4th quarter worth approximately $195,000. Hennion & Walsh Asset Management Inc. increased its holdings in shares of American Eagle Outfitters by 9.0% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 39,534 shares of the apparel retailer's stock worth $659,000 after buying an additional 3,267 shares during the last quarter. Legacy Wealth Asset Management LLC acquired a new stake in shares of American Eagle Outfitters during the 4th quarter worth approximately $185,000. Finally, Hennessy Advisors Inc. increased its holdings in shares of American Eagle Outfitters by 6.8% during the 4th quarter. Hennessy Advisors Inc. now owns 385,800 shares of the apparel retailer's stock worth $6,431,000 after buying an additional 24,600 shares during the last quarter. Hedge funds and other institutional investors own 97.33% of the company's stock.

American Eagle Outfitters Company Profile

American Eagle Outfitters, Inc operates as a multi-brand specialty retailer in the United States and internationally. The company provides jeans, apparel and accessories, and personal care products for women and men under the American Eagle brand; and intimates, apparel, activewear, and swim collections under the Aerie and OFFLINE by Aerie brands.