American Eagle Outfitters, Inc. (NYSE:AEO) Given Consensus Recommendation of "Hold" by Analysts

Shares of American Eagle Outfitters, Inc. (NYSE:AEO - Get Free Report) have been assigned an average recommendation of "Hold" from the twelve research firms that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, ten have given a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $14.70.

AEO has been the subject of several research analyst reports. Citigroup restated a "neutral" rating on shares of American Eagle Outfitters in a report on Friday, May 23rd. Bank of America lowered their target price on shares of American Eagle Outfitters from $18.00 to $13.00 and set a "neutral" rating for the company in a report on Friday, March 14th. BMO Capital Markets lowered their target price on shares of American Eagle Outfitters from $15.00 to $11.00 and set a "market perform" rating for the company in a report on Wednesday, May 14th. Barclays lowered their target price on shares of American Eagle Outfitters from $10.00 to $9.00 and set an "underweight" rating for the company in a report on Monday, May 12th. Finally, Telsey Advisory Group increased their price target on shares of American Eagle Outfitters to $12.00 and gave the stock a "hold" rating in a research note on Friday, May 30th.

American Eagle Outfitters Stock Up 1.0%

NYSE AEO traded up $0.11 on Monday, hitting $10.14. 7,309,293 shares of the stock were exchanged, compared to its average volume of 5,803,645. The company has a quick ratio of 0.56, a current ratio of 1.38 and a debt-to-equity ratio of 0.07. American Eagle Outfitters has a fifty-two week low of $9.27 and a fifty-two week high of $22.83. The company has a market cap of $1.76 billion, a PE ratio of 10.34 and a beta of 1.45. The company has a 50-day moving average price of $10.56 and a 200-day moving average price of $12.55.

American Eagle Outfitters (NYSE:AEO - Get Free Report) last issued its earnings results on Thursday, May 29th. The apparel retailer reported ($0.29) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.25) by ($0.04). American Eagle Outfitters had a net margin of 3.73% and a return on equity of 13.34%. The company had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.08 billion. During the same quarter in the previous year, the company posted $0.34 EPS. The company's quarterly revenue was down 4.7% on a year-over-year basis. Sell-side analysts anticipate that American Eagle Outfitters will post 1.7 EPS for the current fiscal year.

American Eagle Outfitters Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 25th. Shareholders of record on Friday, July 11th will be given a dividend of $0.125 per share. The ex-dividend date of this dividend is Friday, July 11th. This represents a $0.50 dividend on an annualized basis and a yield of 4.93%. American Eagle Outfitters's payout ratio is currently 51.02%.

Hedge Funds Weigh In On American Eagle Outfitters

A number of large investors have recently bought and sold shares of the company. Gallacher Capital Management LLC acquired a new stake in shares of American Eagle Outfitters in the second quarter valued at about $469,000. Investors Research Corp boosted its stake in shares of American Eagle Outfitters by 33.6% during the 2nd quarter. Investors Research Corp now owns 60,114 shares of the apparel retailer's stock worth $578,000 after acquiring an additional 15,125 shares in the last quarter. Voya Investment Management LLC grew its holdings in shares of American Eagle Outfitters by 29.4% in the 1st quarter. Voya Investment Management LLC now owns 142,328 shares of the apparel retailer's stock worth $1,654,000 after acquiring an additional 32,305 shares during the period. Rhumbline Advisers grew its holdings in shares of American Eagle Outfitters by 0.7% in the 1st quarter. Rhumbline Advisers now owns 528,510 shares of the apparel retailer's stock worth $6,141,000 after acquiring an additional 3,631 shares during the period. Finally, Intech Investment Management LLC grew its holdings in shares of American Eagle Outfitters by 95.9% in the 1st quarter. Intech Investment Management LLC now owns 421,877 shares of the apparel retailer's stock worth $4,902,000 after acquiring an additional 206,541 shares during the period. 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.