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Stephens assumed coverage on shares of American Eagle Outfitters (NYSE:AEO) in a research note issued on Friday, TheFlyOnTheWall.com reports. The firm set an “equal weight” rating on the stock.

A number of other analysts have also recently weighed in on AEO. Analysts at CRT Capital initiated coverage on shares of American Eagle Outfitters in a research note on Thursday, June 12th. They set a “fair value” rating and a $11.00 price target on the stock. Separately, analysts at B. Riley reiterated a “buy” rating on shares of American Eagle Outfitters in a research note on Tuesday, May 27th. They now have a $16.00 price target on the stock, down previously from $19.00. Finally, analysts at BMO Capital Markets cut their price target on shares of American Eagle Outfitters from $12.00 to $11.00 in a research note on Thursday, May 22nd. Four investment analysts have rated the stock with a sell rating, eleven have given a hold rating and ten have given a buy rating to the stock. American Eagle Outfitters has an average rating of “Hold” and an average price target of $13.80.

American Eagle Outfitters (NYSE:AEO) opened at 11.50 on Friday. American Eagle Outfitters has a 52 week low of $10.12 and a 52 week high of $20.12. The stock has a 50-day moving average of $11.19 and a 200-day moving average of $12.93. The company has a market cap of $2.236 billion and a P/E ratio of 37.70. American Eagle Outfitters also was the target of a large increase in short interest in May. As of May 30th, there was short interest totalling 27,163,411 shares, an increase of 11.8% from the May 15th total of 24,305,822 shares. Currently, 16.1% of the company’s stock are short sold. Based on an average trading volume of 6,403,883 shares, the days-to-cover ratio is presently 4.2 days.

American Eagle Outfitters (NYSE:AEO) last announced its earnings results on Wednesday, May 21st. The company reported $0.02 earnings per share for the quarter. The company had revenue of $646.00 million for the quarter, compared to the consensus estimate of $648.73 million. During the same quarter last year, the company posted $0.18 earnings per share. American Eagle Outfitters’s revenue was down 4.8% compared to the same quarter last year. On average, analysts predict that American Eagle Outfitters will post $0.56 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Tuesday, July 15th. Investors of record on Wednesday, July 2nd will be given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 4.35%. The ex-dividend date of this dividend is Monday, June 30th.

American Eagle Outfitters, Inc (NYSE:AEO) is a specialty retailer that operates in the United Sates and Canada, and online at ae.

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