Aeropostale Director Buys $19,783 in Stock (ARO)
Aeropostale (NYSE:ARO) Director John N. Haugh acquired 4,825 shares of the company’s stock in a transaction that occurred on Friday, August 29th. The stock was purchased at an average cost of $4.10 per share, with a total value of $19,782.50. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of Aeropostale (NYSE:ARO) traded up 0.24% on Wednesday, hitting $4.12. The stock had a trading volume of 3,645,191 shares. Aeropostale has a 52 week low of $3.10 and a 52 week high of $10.68. The stock has a 50-day moving average of $3.45 and a 200-day moving average of $4.46. The company’s market cap is $324.5 million.
Aeropostale (NYSE:ARO) last posted its quarterly earnings results on Thursday, August 21st. The company reported ($0.46) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.59) by $0.13. The company had revenue of $396.20 million for the quarter, compared to the consensus estimate of $392.61 million. During the same quarter in the prior year, the company posted ($0.34) earnings per share. The company’s quarterly revenue was down 12.7% on a year-over-year basis. Analysts expect that Aeropostale will post $-1.79 EPS for the current fiscal year.
Several analysts have recently commented on the stock. Analysts at RBC Capital cut their price target on shares of Aeropostale from $6.00 to $5.00 in a research note on Monday, August 25th. Separately, analysts at Susquehanna cut their price target on shares of Aeropostale from $8.00 to $6.00 in a research note on Monday, August 25th. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of Aeropostale in a research note on Friday, August 22nd. They now have a $4.00 price target on the stock, down previously from $5.00. Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and five have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $4.97.
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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