American Eagle Outfitters Rating Lowered to Hold at Standpoint Research (AEO)
A number of other analysts have also recently weighed in on AEO. Analysts at BMO Capital Markets raised their price target on shares of American Eagle Outfitters from $11.00 to $12.00 in a research note on Thursday, August 21st. Separately, analysts at S&P Equity Research raised their price target on shares of American Eagle Outfitters to $4.34 in a research note on Thursday, August 21st. They now have a “hold” rating on the stock. Finally, analysts at Oppenheimer reiterated a “market perform” rating on shares of American Eagle Outfitters in a research note on Thursday, August 21st. They now have a $12.00 price target on the stock, up previously from $11.00. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and eleven have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $13.02.
American Eagle Outfitters (NYSE:AEO) traded down 1.59% during mid-day trading on Thursday, hitting $13.9644. The stock had a trading volume of 2,304,991 shares. American Eagle Outfitters has a 52-week low of $10.12 and a 52-week high of $16.95. The stock’s 50-day moving average is $11.23 and its 200-day moving average is $11.85. The company has a market cap of $2.716 billion and a price-to-earnings ratio of 60.90.
American Eagle Outfitters (NYSE:AEO) last posted its quarterly earnings results on Wednesday, August 20th. The company reported $0.03 earnings per share (EPS) for the quarter. The company had revenue of $711.00 million for the quarter, compared to the consensus estimate of $689.95 million. During the same quarter in the previous year, the company posted $0.09 earnings per share. The company’s revenue for the quarter was down 2.2% on a year-over-year basis. Analysts expect that American Eagle Outfitters will post $0.59 EPS for the current fiscal year.
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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