Equities research analysts predict that American Eagle Outfitters, Inc. (NYSE:AEO) will post earnings of $0.16 per share for the current fiscal quarter, Zacks Investment Research reports. Six analysts have provided estimates for American Eagle Outfitters’ earnings. The highest EPS estimate is $0.17 and the lowest is $0.15. American Eagle Outfitters reported earnings per share of $0.23 in the same quarter last year, which would suggest a negative year-over-year growth rate of 30.4%. The business is expected to announce its next earnings results on Wednesday, August 16th.

On average, analysts expect that American Eagle Outfitters will report full year earnings of $1.10 per share for the current financial year, with EPS estimates ranging from $1.05 to $1.13. For the next financial year, analysts anticipate that the company will report earnings of $1.15 per share, with EPS estimates ranging from $0.96 to $1.25. Zacks’ EPS calculations are an average based on a survey of analysts that follow American Eagle Outfitters.

American Eagle Outfitters (NYSE:AEO) last issued its quarterly earnings data on Wednesday, May 17th. The apparel retailer reported $0.16 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by $0.01. The firm had revenue of $761.80 million for the quarter, compared to the consensus estimate of $741.76 million. American Eagle Outfitters had a return on equity of 18.95% and a net margin of 5.44%. American Eagle Outfitters’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.22 earnings per share.

A number of research firms recently issued reports on AEO. UBS AG reiterated a “neutral” rating and set a $11.00 price objective (down from $17.00) on shares of American Eagle Outfitters in a research report on Friday, May 19th. B. Riley reiterated a “neutral” rating and set a $12.50 price objective on shares of American Eagle Outfitters in a research report on Thursday, May 18th. Royal Bank Of Canada reiterated a “buy” rating and set a $14.00 price objective on shares of American Eagle Outfitters in a research report on Monday. BidaskClub cut shares of American Eagle Outfitters from a “buy” rating to a “hold” rating in a research report on Thursday, July 13th. Finally, SunTrust Banks, Inc. reiterated a “buy” rating on shares of American Eagle Outfitters in a research report on Saturday, April 1st. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eleven have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $15.77.

A number of large investors have recently bought and sold shares of the company. Guggenheim Capital LLC raised its stake in American Eagle Outfitters by 109.6% in the fourth quarter. Guggenheim Capital LLC now owns 148,742 shares of the apparel retailer’s stock worth $2,256,000 after buying an additional 77,788 shares during the last quarter. Thrivent Financial for Lutherans raised its stake in American Eagle Outfitters by 9.1% in the fourth quarter. Thrivent Financial for Lutherans now owns 29,240 shares of the apparel retailer’s stock worth $444,000 after buying an additional 2,430 shares in the last quarter. Norges Bank purchased a new stake in American Eagle Outfitters during the fourth quarter worth approximately $25,213,000. USA Financial Portformulas Corp raised its stake in American Eagle Outfitters by 12.4% in the fourth quarter. USA Financial Portformulas Corp now owns 28,019 shares of the apparel retailer’s stock worth $425,000 after buying an additional 3,096 shares in the last quarter. Finally, Teachers Advisors LLC raised its stake in American Eagle Outfitters by 11.9% in the fourth quarter. Teachers Advisors LLC now owns 526,024 shares of the apparel retailer’s stock worth $7,980,000 after buying an additional 55,956 shares in the last quarter. 89.58% of the stock is currently owned by hedge funds and other institutional investors.

Shares of American Eagle Outfitters (AEO) opened at 11.51 on Tuesday. American Eagle Outfitters has a 52 week low of $10.56 and a 52 week high of $19.55. The company has a market capitalization of $2.04 billion, a PE ratio of 10.65 and a beta of 1.09. The firm’s 50-day moving average is $11.60 and its 200 day moving average is $13.44.

The firm also recently announced a quarterly dividend, which was paid on Friday, July 21st. Shareholders of record on Friday, July 7th were issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 4.34%. The ex-dividend date was Wednesday, July 5th. American Eagle Outfitters’s payout ratio is 46.30%.

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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.

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Earnings History and Estimates for American Eagle Outfitters (NYSE:AEO)

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