Aeropostale Receives Average Rating of “Hold” from Brokerages (NYSE:ARO)
Aeropostale (NYSE:ARO) has been given an average rating of “Hold” by the twenty-eight ratings firms that are covering the stock, AnalystRatingsNetwork.com reports. One equities research analyst has rated the stock with a sell rating, seventeen have given a hold rating and six have issued a buy rating on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $6.16.
Aeropostale (NYSE:ARO) traded down 2.56% on Wednesday, hitting $3.42. The stock had a trading volume of 589,598 shares. Aeropostale has a one year low of $3.10 and a one year high of $13.03. The stock has a 50-day moving average of $3.32 and a 200-day moving average of $4.78. The company’s market cap is $268.9 million.
Aeropostale (NYSE:ARO) last announced its earnings results on Thursday, May 22nd. The company reported ($0.52) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.72) by $0.20. The company had revenue of $395.90 million for the quarter, compared to the consensus estimate of $410.04 million. During the same quarter in the previous year, the company posted ($0.16) earnings per share. The company’s revenue for the quarter was down 12.5% on a year-over-year basis. Analysts expect that Aeropostale will post $-1.77 EPS for the current fiscal year.
A number of research firms have recently commented on ARO. Analysts at Wunderlich initiated coverage on shares of Aeropostale in a research note on Tuesday. They set a “hold” rating and a $3.50 price target on the stock. Separately, analysts at Nomura reiterated a “neutral” rating on shares of Aeropostale in a research note on Friday, August 8th. They now have a $3.00 price target on the stock, down previously from $5.00. Finally, analysts at Stephens initiated coverage on shares of Aeropostale in a research note on Friday, June 20th. They set an “equal weight” rating and a $3.50 price target on the stock.
Aeropostale, Inc, (NYSE:ARO) is a mall-based, specialty retailer of casual apparel and accessories, principally targeting 14 to 17 year-old young women and men through its Aeropostale stores and 4 to 12 year-old kids through its P.
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