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 traded down $0.10 during trading on Friday, hitting $12.06. 3,897,988 shares of the company's stock traded hands, compared to its average volume of 4,948,025. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.74 and a quick ratio of 0.81. The stock has a market capitalization of $2.04 billion, a P/E ratio of 6.97, a PEG ratio of 0.93 and a beta of 1.30. The business has a 50-day simple moving average of $11.99 and a 200-day simple moving average of $15.99. American Eagle Outfitters has a 1 year low of $10.82 and a 1 year high of $35.62.

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

American Eagle Outfitters Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 22nd. Investors of record on Friday, July 8th were given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 5.97%. The ex-dividend date of this dividend was Thursday, July 7th. American Eagle Outfitters's dividend payout ratio (DPR) is presently 41.62%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on AEO shares. Cowen lowered shares of 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. Cowen downgraded American Eagle Outfitters from an "outperform" rating to a "market perform" rating and reduced their target price for the stock from $25.00 to $13.00 in a report on Monday, August 1st. Morgan Stanley lowered American Eagle Outfitters from an "equal weight" rating to an "underweight" rating and decreased their target price for the stock from $22.00 to $8.00 in a research report on Tuesday, May 31st. Citigroup cut American Eagle Outfitters from a "buy" rating to a "neutral" rating and reduced their price target for the stock from $39.00 to $14.00 in a research note on Monday, May 23rd. Finally, BMO Capital Markets cut their price objective on shares of American Eagle Outfitters from $23.00 to $15.00 in a report on Friday, May 27th. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $16.00.

Insider Buying and Selling at American Eagle Outfitters

In other American Eagle Outfitters news, Director Noel Joseph Spiegel acquired 20,000 shares of the 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 purchase, the director now directly owns 20,000 shares of the company's stock, valued at $240,000. The acquisition was disclosed in a filing with the SEC, which is available at this link. Over the last 90 days, insiders have bought 31,932 shares of company stock valued at $379,435. 8.20% of the stock is owned by company insiders.