American Eagle Outfitters, Inc. (NYSE:AEO)‘s stock had its “buy” rating reiterated by analysts at Royal Bank Of Canada in a note issued to investors on Monday. They currently have a $14.00 price objective on the apparel retailer’s stock. Royal Bank Of Canada’s price target suggests a potential upside of 21.63% from the company’s current price.

A number of other equities analysts have also recently commented on AEO. UBS AG reaffirmed a “neutral” rating and issued a $11.00 target price (down from $17.00) on shares of American Eagle Outfitters in a report on Friday, May 19th. B. Riley reissued a “neutral” rating and issued a $12.50 price objective on shares of American Eagle Outfitters in a research note on Thursday, May 18th. BidaskClub cut shares of American Eagle Outfitters from a “buy” rating to a “hold” rating in a research note on Thursday, July 13th. SunTrust Banks, Inc. reissued a “buy” rating on shares of American Eagle Outfitters in a research note on Saturday, April 1st. Finally, Cowen and Company reissued an “outperform” rating and issued a $13.00 price objective (down from $14.00) on shares of American Eagle Outfitters in a research note on Friday, May 19th. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eleven have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $15.77.

Shares of American Eagle Outfitters (NYSE AEO) traded down 2.79% during trading on Monday, reaching $11.51. 2,077,498 shares of the company traded hands. American Eagle Outfitters has a 52 week low of $10.56 and a 52 week high of $19.55. The stock has a market capitalization of $2.04 billion, a PE ratio of 10.65 and a beta of 1.09. The firm has a 50 day moving average of $11.60 and a 200 day moving average of $13.44.

American Eagle Outfitters (NYSE:AEO) last announced its earnings results on Wednesday, May 17th. The apparel retailer reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.17 by $0.01. The business had revenue of $761.80 million during the quarter, compared to analyst estimates of $741.76 million. American Eagle Outfitters had a net margin of 5.44% and a return on equity of 18.95%. The business’s revenue was up 1.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.22 earnings per share. On average, equities analysts predict that American Eagle Outfitters will post $1.09 EPS for the current year.

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Large investors have recently added to or reduced their stakes in the company. Glen Harbor Capital Management LLC raised its position in American Eagle Outfitters by 2.2% in the first quarter. Glen Harbor Capital Management LLC now owns 7,238 shares of the apparel retailer’s stock worth $102,000 after buying an additional 154 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank raised its position in American Eagle Outfitters by 58.4% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,804 shares of the apparel retailer’s stock worth $109,000 after buying an additional 2,877 shares during the period. Elkfork Partners LLC raised its position in American Eagle Outfitters by 2.2% in the first quarter. Elkfork Partners LLC now owns 9,212 shares of the apparel retailer’s stock worth $129,000 after buying an additional 196 shares during the period. FNY Managed Accounts LLC purchased a new position in American Eagle Outfitters during the first quarter worth about $147,000. Finally, Verity Asset Management Inc. purchased a new position in American Eagle Outfitters during the first quarter worth about $152,000. Institutional investors and hedge funds own 89.58% of the company’s stock.

About American Eagle Outfitters

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.

Analyst Recommendations for American Eagle Outfitters (NYSE:AEO)

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