American Eagle Outfitters PT Raised to $17.00 (AEO)
Research analysts at FBR Capital Markets lifted their price target on shares of American Eagle Outfitters (NYSE:AEO) from $11.49 to $17.00 in a report released on Friday. The firm currently has an “outperform” rating on the stock. FBR Capital Markets’ price objective would suggest a potential upside of 47.95% from the company’s current price.
American Eagle Outfitters (NYSE:AEO) opened at 11.49 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 $11.24 and a 200-day moving average of $12.78. The company has a market cap of $2.234 billion and a price-to-earnings ratio of 37.67.
American Eagle Outfitters (NYSE:AEO) last issued its quarterly earnings data on Wednesday, May 21st. The company reported $0.02 EPS 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 in the prior year, the company posted $0.18 earnings per share. The company’s quarterly revenue was down 4.8% on a year-over-year basis. Analysts expect that American Eagle Outfitters will post $0.56 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, July 15th. Shareholders of record on Wednesday, July 2nd will be paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 4.35%. The ex-dividend date is Monday, June 30th.
Several other analysts have also recently commented on the stock. Analysts at Zacks upgraded shares of American Eagle Outfitters from an “underperform” rating to a “neutral” rating in a research note on Friday, June 20th. They now have a $12.00 price target on the stock. Separately, analysts at Stephens initiated coverage on shares of American Eagle Outfitters in a research note on Friday, June 20th. They set an “equal weight” rating and a $12.00 price target on the stock. Finally, 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. Three analysts have rated the stock with a sell rating, eleven have given a hold rating and eleven have assigned a buy rating to the company’s stock. American Eagle Outfitters currently has an average rating of “Hold” and an average target price of $14.00.
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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