American Eagle Outfitters (NYSE:AEO) issued an update on its fourth quarter earnings guidance on Monday morning. The company provided EPS guidance of $0.40-0.42 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.42.

Shares of NYSE:AEO opened at $19.58 on Monday. American Eagle Outfitters has a 12 month low of $16.14 and a 12 month high of $29.88. The stock has a market capitalization of $3.49 billion, a P/E ratio of 16.88, a price-to-earnings-growth ratio of 1.34 and a beta of 0.82.

American Eagle Outfitters (NYSE:AEO) last announced its quarterly earnings results on Tuesday, December 11th. The apparel retailer reported $0.48 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.48. American Eagle Outfitters had a net margin of 6.96% and a return on equity of 21.28%. The firm had revenue of $1 billion during the quarter, compared to the consensus estimate of $1.02 billion. During the same quarter last year, the firm earned $0.37 EPS. The firm’s revenue for the quarter was up 4.5% compared to the same quarter last year. On average, research analysts expect that American Eagle Outfitters will post 1.47 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, December 28th. Investors of record on Friday, December 14th were issued a $0.1375 dividend. This represents a $0.55 dividend on an annualized basis and a dividend yield of 2.81%. The ex-dividend date was Thursday, December 13th. American Eagle Outfitters’s payout ratio is 47.41%.

Several analysts have issued reports on AEO shares. Bank of America downgraded shares of American Eagle Outfitters from a neutral rating to an underperform rating and set a $18.00 price objective for the company. in a research note on Thursday, November 1st. Zacks Investment Research raised shares of American Eagle Outfitters from a hold rating to a buy rating and set a $25.00 price objective for the company in a research note on Monday, November 12th. Citigroup raised shares of American Eagle Outfitters from a neutral rating to a buy rating and set a $27.00 price objective for the company in a research note on Friday, October 19th. Wedbush set a $25.00 price objective on shares of American Eagle Outfitters and gave the stock a buy rating in a research note on Wednesday, December 12th. Finally, Deutsche Bank set a $23.00 price objective on shares of American Eagle Outfitters and gave the stock a buy rating in a research note on Wednesday, December 12th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Buy and a consensus target price of $24.33.

In other news, EVP Andrew J. Mclean sold 14,984 shares of American Eagle Outfitters stock in a transaction that occurred on Friday, December 14th. The shares were sold at an average price of $18.26, for a total transaction of $273,607.84. Following the completion of the sale, the executive vice president now owns 14,984 shares of the company’s stock, valued at $273,607.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 6.30% of the company’s stock.

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American Eagle Outfitters Company Profile

American Eagle Outfitters, Inc operates as a specialty retailer that provides clothing, accessories, and personal care products under the American Eagle Outfitters and Aerie brands. The company also provides jeans, and other apparel and accessories for men and women; and intimates, activewear, and swim collections, as well as personal care products for women.

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Earnings History and Estimates for American Eagle Outfitters (NYSE:AEO)

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