American Eagle Outfitters Rating Reiterated by Jefferies Group (AEO)
American Eagle Outfitters (NYSE:AEO)‘s stock had its “buy” rating reaffirmed by investment analysts at Jefferies Group in a note issued to investors on Thursday, Analyst Ratings Network.com reports.
American Eagle Outfitters (NYSE:AEO) traded down 8.98% on Thursday, hitting $13.025. 7,420,608 shares of the company’s stock traded hands. American Eagle Outfitters has a 52-week low of $13.14 and a 52-week high of $22.63. The stock has a 50-day moving average of $14.72 and a 200-day moving average of $15.63. The company has a market cap of $2.511 billion and a price-to-earnings ratio of 16.88.
American Eagle Outfitters (NYSE:AEO) last posted its quarterly earnings results on Friday, December 6th. The company reported $0.19 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.19. The company had revenue of $857.00 million for the quarter, compared to the consensus estimate of $844.76 million. During the same quarter last year, the company posted $0.41 earnings per share. American Eagle Outfitters’s revenue was down 5.8% compared to the same quarter last year. Analysts expect that American Eagle Outfitters will post $0.73 EPS for the current fiscal year.
Other equities research analysts have also recently issued reports about the stock. Analysts at Telsey Advisory Group cut their price target on shares of American Eagle Outfitters from $16.50 to $15.00 in a research note to investors on Thursday. They now have a “not rated” rating on the stock. Separately, analysts at Stifel Nicolaus downgraded shares of American Eagle Outfitters from a “buy” rating to a “hold” rating in a research note to investors on Thursday. They now have a $18.00 price target on the stock, up previously from $14.31. Finally, analysts at Johnson Rice initiated coverage on shares of American Eagle Outfitters in a research note to investors on Monday. They set an “overweight” rating on the stock. One research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and thirteen have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $18.21.
American Eagle Outfitters, Inc (NYSE:AEO) is a specialty retailer that operates in the United Sates and Canada, and online at ae.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.