Aeropostale Receives Positive Rating from Stifel Nicolaus (ARO)
Aeropostale (NYSE:ARO) opened at 3.24 on Tuesday. Aeropostale has a one year low of $3.10 and a one year high of $12.42. The stock has a 50-day moving average of $3.29 and a 200-day moving average of $4.68. The company’s market cap is $254.8 million.
Aeropostale (NYSE:ARO) last issued its quarterly earnings data 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. On average, analysts predict that Aeropostale will post $-1.78 earnings per share for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at Wunderlich initiated coverage on shares of Aeropostale in a research note on Tuesday, August 12th. 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. One equities research analyst has rated the stock with a sell rating, seventeen have issued a hold rating and seven have given a buy rating to the stock. Aeropostale presently has a consensus rating of “Hold” and a consensus target price of $6.16.
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.
Receive News & Ratings for Aeropostale Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aeropostale Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.