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

Shares of American Eagle Outfitters stock opened at $12.89 on Tuesday. The stock's fifty day moving average is $11.99 and its two-hundred day moving average is $15.52. The company has a market capitalization of $2.18 billion, a PE ratio of 7.45, a price-to-earnings-growth ratio of 0.99 and a beta of 1.30. The company has a quick ratio of 0.81, a current ratio of 1.74 and a debt-to-equity ratio of 0.29. American Eagle Outfitters has a 52 week low of $10.82 and a 52 week high of $34.22.

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

American Eagle Outfitters Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, July 22nd. Stockholders of record on Friday, July 8th were paid a dividend of $0.18 per share. The ex-dividend date was Thursday, July 7th. This represents a $0.72 annualized dividend and a dividend yield of 5.59%. American Eagle Outfitters's dividend payout ratio is currently 41.62%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on AEO shares. Cowen cut American Eagle Outfitters from an "outperform" rating to a "market perform" rating and decreased their price objective for the stock from $25.00 to $13.00 in a report on Monday, August 1st. B. Riley cut American Eagle Outfitters from a "buy" rating to a "neutral" rating and decreased their price objective for the stock from $22.00 to $13.00 in a report on Friday, June 17th. JPMorgan Chase & Co. downgraded American Eagle Outfitters from an "overweight" rating to a "neutral" rating and cut their target price for the company from $20.00 to $15.00 in a research report on Friday, May 27th. Deutsche Bank Aktiengesellschaft cut their target price on American Eagle Outfitters from $30.00 to $15.00 in a research report on Friday, May 27th. Finally, Bank of America downgraded American Eagle Outfitters from a "neutral" rating to an "underperform" rating and cut their target price for the company from $16.00 to $8.00 in a research report on Tuesday, July 26th. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, American Eagle Outfitters currently has a consensus rating of "Hold" and an average price target of $16.00.

Insider Activity

In other news, Director Noel Joseph Spiegel purchased 20,000 shares of the business's stock in a transaction dated Friday, June 10th. The shares were purchased at an average price of $12.00 per share, for a total transaction of $240,000.00. Following the completion of the purchase, the director now owns 20,000 shares in the company, valued at approximately $240,000. The purchase was disclosed in a document filed with the SEC, which is available at this link. Over the last 90 days, insiders have bought 31,932 shares of company stock worth $379,435. Company insiders own 8.20% of the company's stock.