American Eagle Outfitters - AEO Stock Forecast, Price & News

American Eagle Outfitters, Inc. operates as a specialty retailer that provides clothing, accessories, and personal care products under the American Eagle and Aerie brands. The company provides jeans, and specialty apparel and accessories for women and men; and intimates, apparel, activewear, and swim collections, as well as personal care products for women. It also offers graphic tees and other clothing products under the Tailgate brand name; and menswear products under the Todd Snyder New York brand name. As of January 29, 2022, the company operated 880 American Eagle stores, 244 Aerie brand stand-alone stores, and five Todd Snyder stores in the United States, Canada, Mexico, and Hong Kong. It also ships to 81 countries through its Websites; and offers its merchandise at 260 locations operated by licensees in 28 countries, as well as provides products through its Websites ae.com, aerie.com, and toddsnyder.com. American Eagle Outfitters, Inc. was founded in 1977 and is headquartered in Pittsburgh, Pennsylvania.

American Eagle Outfitters Stock Performance

AEO Stock traded up $0.47 during trading on Wednesday, hitting $11.96. 4,931,519 shares of the company traded hands, compared to its average volume of 6,389,047. American Eagle Outfitters has a 1 year low of $10.82 and a 1 year high of $35.62. The company has a market cap of $2.03 billion, a PE ratio of 7.02, a P/E/G ratio of 0.93 and a beta of 1.30. The stock's 50-day simple moving average is $11.97 and its 200 day simple moving average is $15.87. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.74 and a quick ratio of 0.81.

American Eagle Outfitters (NYSE:AEO - Get Rating) last announced its quarterly earnings results on Thursday, May 26th. The apparel retailer reported $0.16 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.24 by ($0.08). American Eagle Outfitters had a return on equity of 28.05% and a net margin of 7.07%. The firm had revenue of $1.06 billion for the quarter, compared to analysts' expectations of $1.14 billion. During the same period last year, the company posted $0.48 earnings per share. The business's quarterly revenue was up 2.0% on a year-over-year basis. On average, equities analysts expect that American Eagle Outfitters will post 1.12 earnings per share for the current fiscal year.

American Eagle Outfitters Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 22nd. Investors of record on Friday, July 8th were issued a $0.18 dividend. The ex-dividend date was Thursday, July 7th. This represents a $0.72 dividend on an annualized basis and a yield of 6.02%. American Eagle Outfitters's payout ratio is 41.62%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on AEO. Cowen downgraded shares of American Eagle Outfitters from an "outperform" rating to a "market perform" rating and cut their price objective for the stock from $25.00 to $13.00 in a research report on Monday, August 1st. BMO Capital Markets reduced their price target on American Eagle Outfitters from $23.00 to $15.00 in a research report on Friday, May 27th. Morgan Stanley cut American Eagle Outfitters from an "equal weight" rating to an "underweight" rating and lowered their price objective for the stock from $22.00 to $8.00 in a research report on Tuesday, May 31st. Deutsche Bank Aktiengesellschaft reduced their target price on American Eagle Outfitters from $30.00 to $15.00 in a research report on Friday, May 27th. Finally, B. Riley downgraded American Eagle Outfitters from a "buy" rating to a "neutral" rating and lowered their price target for the stock from $22.00 to $13.00 in a report on Friday, June 17th. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat, American Eagle Outfitters presently has a consensus rating of "Hold" and a consensus target price of $16.00.

Insider Buying and Selling

In other American Eagle Outfitters news, Director Noel Joseph Spiegel acquired 10,000 shares of the company's stock in a transaction on Thursday, June 16th. The shares were bought at an average cost of $11.65 per share, with a total value of $116,500.00. Following the completion of the acquisition, the director now owns 30,000 shares in the company, valued at $349,500. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last 90 days, insiders acquired 31,932 shares of company stock valued at $379,435. 8.20% of the stock is owned by company insiders.