American Eagle Outfitters, Inc. (NYSE:AEO) Receives Average Recommendation of "Hold" from Analysts

Key Points

• Analysts maintain a “Hold” consensus on American Eagle Outfitters, with 11 hold, two buy and one sell rating among 14 analysts. The average 12-month price target is $20.40.
• AEO shares opened at $17.36, with a market capitalization of approximately $2.91 billion and a 52-week range of $14.06 to $28.46.
• The company recently paid a quarterly dividend of $0.125 per share, equivalent to an annualized $0.50 dividend and a 2.9% yield. Institutional investors own approximately 97.33% of outstanding shares, while insiders sold 11,563 shares worth about $196,599 during the last quarter.

Shares of American Eagle Outfitters, Inc. (NYSE:AEO - Get Free Report) have received an average rating of "Hold" from the fourteen analysts that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and two have given a buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $20.40.

Several research firms have issued reports on AEO. Citigroup lowered their price target on shares of American Eagle Outfitters from $24.00 to $18.00 and set a "neutral" rating for the company in a report on Monday, June 1st. Barclays dropped their target price on shares of American Eagle Outfitters from $19.00 to $17.00 and set an "equal weight" rating on the stock in a report on Friday, May 29th. Wall Street Zen raised American Eagle Outfitters from a "hold" rating to a "buy" rating in a research report on Saturday. JPMorgan Chase & Co. upped their target price on American Eagle Outfitters from $19.00 to $21.00 and gave the company a "neutral" rating in a research report on Tuesday, August 18th. Finally, William Blair reiterated a "buy" rating on shares of American Eagle Outfitters in a report on Wednesday, July 15th.

American Eagle Outfitters Price Performance

American Eagle Outfitters stock opened at $17.36 on Friday. The stock's 50 day moving average is $17.01 and its 200 day moving average is $17.84. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.55 and a quick ratio of 0.53. The firm has a market cap of $2.91 billion, a P/E ratio of 10.72, a P/E/G ratio of 3.71 and a beta of 1.33. American Eagle Outfitters has a one year low of $14.06 and a one year high of $28.46.

American Eagle Outfitters Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 24th. Stockholders of record on Friday, July 10th were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Friday, July 10th. This represents a $0.50 annualized dividend and a dividend yield of 2.9%. American Eagle Outfitters's dividend payout ratio (DPR) is 30.86%.

Insider Activity

In other American Eagle Outfitters news, Director Cary McMillan sold 2,892 shares of American Eagle Outfitters stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $16.77, for a total value of $48,498.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Noel Spiegel sold 2,892 shares of the company's stock in a transaction dated Tuesday, July 7th. The shares were sold at an average price of $16.78, for a total transaction of $48,527.76. The SEC filing for this sale provides additional information. Insiders sold 11,563 shares of company stock worth $196,599 in the last quarter. 8.95% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Quadrant Capital Group LLC grew its stake in American Eagle Outfitters by 31.8% in the fourth quarter. Quadrant Capital Group LLC now owns 1,852 shares of the apparel retailer's stock valued at $49,000 after acquiring an additional 447 shares during the period. Los Angeles Capital Management LLC raised its position in shares of American Eagle Outfitters by 2.1% during the fourth quarter. Los Angeles Capital Management LLC now owns 25,363 shares of the apparel retailer's stock worth $669,000 after purchasing an additional 510 shares during the period. EverSource Wealth Advisors LLC raised its position in shares of American Eagle Outfitters by 31.9% during the first quarter. EverSource Wealth Advisors LLC now owns 2,870 shares of the apparel retailer's stock worth $48,000 after purchasing an additional 694 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of American Eagle Outfitters by 1.3% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 57,817 shares of the apparel retailer's stock worth $989,000 after purchasing an additional 731 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of American Eagle Outfitters by 3.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 24,847 shares of the apparel retailer's stock worth $655,000 after purchasing an additional 734 shares in the last quarter. 97.33% of the stock is owned by institutional investors and hedge funds.

American Eagle Outfitters Company Profile

American Eagle Outfitters, Inc NYSE: AEO is a leading American specialty retailer offering apparel, accessories and personal care products for men and women. The company's flagship brand, American Eagle, focuses on casualwear including denim, tops, outerwear and accessories targeted primarily at teens and young adults. In addition to its core apparel lines, the company operates the Aerie brand of intimates, loungewear and swimwear, which has gained recognition for its body-positive marketing and inclusive sizing.

American Eagle Outfitters conducts business through a combination of over 900 brick-and-mortar stores in North America and Greater China, complemented by a growing e-commerce platform that serves customers around the globe.

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