(NYSE:AEO). At the time of writing, the First Call consensus price target for the company is $15.95. The difference between the expected and actual EPS was $0.01/share, which represents an Earnings surprise of 2.6%.
These analysts also forecasted Growth Estimates for the Current Quarter for AEO to be -17.4%.
The current consensus rating on American Eagle Outfitters (NYSE:AEO) is Hold (Score: 2.30) with a consensus target price of $16.59 per share, a potential 52.45% upside. In terms of the stock price in relation to its moving averages, company shares are -1.08% away from the 20-day moving average and -8.66% off of the 50-day average.
Many longterm investors follow a dividend-growth investing strategy which requires investment in the stocks of companies that not only pay dividends, but consistently increase their dividends from year to year. Goldman Sachs Group Inc reaffirmed a "sell" rating on shares of American Eagle Outfitters in a research report on Sunday, February 5th. This recommendation lands on a scale between 1 and 5. Buckingham Research initiated it with "Neutral" rating and $16 target in Wednesday, January 25 report.
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On Wednesday, American Eagle Outfitters (NYSE:AEO) closed at $11.05 with trading volume of 28.42M shares.More news: Dominic Thiem dumps Nadal out of Italian Open
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The number of shares traded in the last trading session was 13.5 Million. The stock is above its 52-week low with 111.11% and is in the wake of its 52-week high with -34.48%. The company has a 50 day moving average of $13.59 and a 200-day moving average of $15.22. The total market capitalization remained at $1.92 billion.
Equities researchers at FBR & Co reduced their Q2 2018 earnings estimates for shares of American Eagle Outfitters in a research note issued on Thursday. The apparel retailer reported $0.16 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.17 by $0.01.
Now the P/E of American Eagle Outfitters, Inc. stands at 9.42. Typically, they estimate what the company's earnings and cash flow will be for the next couple of years, and then apply a ratio - such as a price-to-earnings ratio - to those estimates to determine what the future stock price should theoretically be. Sure, the percentage is encouraging but more headwinds are coming as looking out over a next 5-year period, analysts expect the company to see its earnings go down by -0.2%, annually.
Institutional investors have recently modified their holdings of the company. RidgeWorth Capital Management LLC bought a new stake in American Eagle Outfitters during the first quarter valued at about $29,610,000. Bank of New York Mellon Corp now owns 3,916,563 shares of the apparel retailer's stock valued at $93,056,000 after buying an additional 1,218,502 shares during the last quarter. Premier Fund Managers Ltd purchased a new position in shares of American Eagle Outfitters during the third quarter valued at about $2,725,000.
Shares of American Eagle Outfitters (NYSE:AEO) traded down 1.057% during mid-day trading on Tuesday, reaching $10.765. (AEO Inc.) is a multi-brand specialty retailer. California State Teachers Retirement System now owns 353,192 shares of the apparel retailer's stock valued at $6,308,000 after buying an additional 3,200 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of American Eagle Outfitters by 58.4% in the first quarter. Elkfork Partners LLC now owns 9,212 shares of the apparel retailer's stock valued at $129,000 after buying an additional 196 shares in the last quarter.
The company also recently disclosed a quarterly dividend, which was paid on Friday, April 21st. Stockholders of record on Friday, April 7th were issued a dividend of $0.125 per share. A rating of 4 or 5 would represent a Sell recommendation. The rating was downgraded by B. Riley & Co on Wednesday, April 19 to "Neutral". American Eagle Outfitters's payout ratio is 39.06%.