American Eagle Outfitters (NYSE:AEO) was downgraded by Vetr from a “strong-buy” rating to a “buy” rating in a note issued to investors on Thursday. They currently have a $15.00 price target on the apparel retailer’s stock. Vetr‘s price target would suggest a potential upside of 8.70% from the stock’s previous close.

Several other equities analysts also recently commented on AEO. Zacks Investment Research upgraded American Eagle Outfitters from a “sell” rating to a “hold” rating in a research report on Thursday, December 22nd. Jefferies Group LLC reiterated a “buy” rating on shares of American Eagle Outfitters in a research report on Tuesday, January 3rd. Royal Bank of Canada reiterated a “buy” rating and issued a $20.00 target price on shares of American Eagle Outfitters in a research report on Thursday, January 5th. Mizuho dropped their target price on American Eagle Outfitters from $18.00 to $16.00 and set a “neutral” rating for the company in a research report on Thursday, January 5th. Finally, Wunderlich reiterated a “buy” rating and issued a $22.00 target price on shares of American Eagle Outfitters in a research report on Wednesday, January 11th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $17.64.

Analyst Recommendations for American Eagle Outfitters (NYSE:AEO)

Shares of American Eagle Outfitters (NYSE:AEO) traded up 4.86% on Thursday, hitting $13.80. The company’s stock had a trading volume of 5,568,984 shares. The firm has a market cap of $2.51 billion, a price-to-earnings ratio of 11.90 and a beta of 0.91. American Eagle Outfitters has a 52 week low of $13.03 and a 52 week high of $19.55. The stock’s 50-day moving average price is $13.99 and its 200-day moving average price is $15.75.

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American Eagle Outfitters (NYSE:AEO) last posted its earnings results on Wednesday, March 1st. The apparel retailer reported $0.39 EPS for the quarter, beating the consensus estimate of $0.38 by $0.01. The firm earned $1.10 billion during the quarter, compared to the consensus estimate of $1.11 billion. American Eagle Outfitters had a return on equity of 21.77% and a net margin of 6.62%. The business’s quarterly revenue was down .8% on a year-over-year basis. During the same period last year, the company earned $0.42 earnings per share. Equities analysts expect that American Eagle Outfitters will post $1.24 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 21st. Investors of record on Friday, April 7th will be paid a dividend of $0.125 per share. The ex-dividend date of this dividend is Wednesday, April 5th. This represents a $0.50 annualized dividend and a yield of 3.62%. American Eagle Outfitters’s dividend payout ratio is currently 39.06%.

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A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Capstone Asset Management Co. raised its position in shares of American Eagle Outfitters by 0.4% in the first quarter. Capstone Asset Management Co. now owns 15,667 shares of the apparel retailer’s stock valued at $220,000 after buying an additional 60 shares during the last quarter. Bessemer Group Inc. raised its position in shares of American Eagle Outfitters by 0.3% in the fourth quarter. Bessemer Group Inc. now owns 42,989 shares of the apparel retailer’s stock valued at $652,000 after buying an additional 120 shares during the last quarter. First Citizens Bank & Trust Co. raised its position in shares of American Eagle Outfitters by 0.8% in the third quarter. First Citizens Bank & Trust Co. now owns 22,549 shares of the apparel retailer’s stock valued at $403,000 after buying an additional 176 shares during the last quarter. Foundry Partners LLC raised its position in shares of American Eagle Outfitters by 0.3% in the first quarter. Foundry Partners LLC now owns 85,686 shares of the apparel retailer’s stock valued at $1,202,000 after buying an additional 226 shares during the last quarter. Finally, Pinnacle Financial Partners Inc. raised its position in shares of American Eagle Outfitters by 6.2% in the fourth quarter. Pinnacle Financial Partners Inc. now owns 11,605 shares of the apparel retailer’s stock valued at $176,000 after buying an additional 680 shares during the last quarter. Institutional investors and hedge funds own 95.68% of the company’s stock.

American Eagle Outfitters Company Profile

American Eagle Outfitters, Inc (AEO Inc) is a multi-brand specialty retailer. The Company offers a range of apparel and accessories for men and women under the American Eagle Outfitters Brand (AEO Brand), and intimates, apparel and personal care products for women under the Aerie brand. AEO Inc operates stores in the United States, Canada, Mexico, Hong Kong, China and the United Kingdom.

5 Day Chart for NYSE:AEO

To view Vetr’s full report, visit Vetr’s official website.

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