American Eagle Outfitters (NYSE:AEO) has been assigned an average recommendation of “Hold” from the twenty-one brokerages that are currently covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, seven have given a hold rating and twelve have issued a buy rating on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $15.59.

A number of equities research analysts recently commented on the company. B. Riley reiterated a “buy” rating on shares of American Eagle Outfitters in a report on Wednesday, November 1st. Buckingham Research upgraded American Eagle Outfitters from a “neutral” rating to a “buy” rating and set a $22.00 price objective for the company in a report on Thursday, January 11th. Cowen reiterated an “outperform” rating and issued a $19.00 price objective (up previously from $16.00) on shares of American Eagle Outfitters in a report on Thursday, December 7th. SunTrust Banks reiterated a “buy” rating on shares of American Eagle Outfitters in a report on Friday, February 2nd. Finally, Telsey Advisory Group upped their price objective on American Eagle Outfitters from $16.00 to $19.00 and gave the company an “outperform” rating in a report on Thursday, December 7th.

Several institutional investors have recently made changes to their positions in the business. Thrivent Financial For Lutherans increased its holdings in shares of American Eagle Outfitters by 3.8% in the second quarter. Thrivent Financial For Lutherans now owns 33,580 shares of the apparel retailer’s stock worth $405,000 after acquiring an additional 1,230 shares in the last quarter. Lenox Wealth Management Inc. increased its holdings in shares of American Eagle Outfitters by 8.9% in the fourth quarter. Lenox Wealth Management Inc. now owns 32,763 shares of the apparel retailer’s stock worth $616,000 after acquiring an additional 2,675 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of American Eagle Outfitters by 35.1% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,526 shares of the apparel retailer’s stock worth $217,000 after acquiring an additional 2,993 shares in the last quarter. Mackenzie Financial Corp increased its holdings in shares of American Eagle Outfitters by 2.0% in the third quarter. Mackenzie Financial Corp now owns 201,000 shares of the apparel retailer’s stock worth $2,874,000 after acquiring an additional 4,000 shares in the last quarter. Finally, Stifel Financial Corp increased its holdings in shares of American Eagle Outfitters by 1.7% in the third quarter. Stifel Financial Corp now owns 246,362 shares of the apparel retailer’s stock worth $3,522,000 after acquiring an additional 4,217 shares in the last quarter. Institutional investors own 83.21% of the company’s stock.

Shares of American Eagle Outfitters (AEO) traded up $0.25 on Tuesday, hitting $17.65. The stock had a trading volume of 2,867,664 shares, compared to its average volume of 3,959,889. American Eagle Outfitters has a twelve month low of $10.23 and a twelve month high of $19.48. The firm has a market capitalization of $3,134.80, a price-to-earnings ratio of 19.18, a PEG ratio of 2.37 and a beta of 1.14.

American Eagle Outfitters (NYSE:AEO) last issued its quarterly earnings results on Wednesday, December 6th. The apparel retailer reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.02). American Eagle Outfitters had a net margin of 4.50% and a return on equity of 17.42%. The firm had revenue of $960.00 million for the quarter, compared to analyst estimates of $960.86 million. During the same period last year, the company earned $0.41 EPS. The company’s revenue was up 2.1% compared to the same quarter last year. sell-side analysts expect that American Eagle Outfitters will post 1.16 EPS for the current fiscal year.

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American Eagle Outfitters Company Profile

American Eagle Outfitters, Inc (AEO Inc) is a multi-brand specialty retailer. The Company offers a range of apparel and accessories for men and women under the American Eagle Outfitters Brand (AEO Brand), and intimates, apparel and personal care products for women under the Aerie brand. AEO Inc operates stores in the United States, Canada, Mexico, Hong Kong, China and the United Kingdom.

Analyst Recommendations for American Eagle Outfitters (NYSE:AEO)

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