American Eagle Outfitters (NYSE:AEO) issued an update on its fourth quarter earnings guidance on Wednesday morning. The company provided EPS guidance of $0.42-0.44 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.39.

Several research firms recently commented on AEO. Zacks Investment Research raised shares of American Eagle Outfitters from a hold rating to a buy rating and set a $14.00 price objective on the stock in a research report on Thursday, November 9th. Wolfe Research raised shares of American Eagle Outfitters from an underperform rating to a market perform rating in a research report on Thursday, November 9th. B. Riley reaffirmed a buy rating on shares of American Eagle Outfitters in a research report on Wednesday, November 1st. Cowen reaffirmed an outperform rating and issued a $16.00 price objective (up from $14.00) on shares of American Eagle Outfitters in a research report on Monday, October 2nd. Finally, SunTrust Banks reaffirmed a buy rating and issued a $15.00 price objective on shares of American Eagle Outfitters in a research report on Monday, October 2nd. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and eleven have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of $14.31.

Shares of American Eagle Outfitters (NYSE AEO) opened at $16.11 on Wednesday. American Eagle Outfitters has a 52 week low of $10.23 and a 52 week high of $18.49. The stock has a market cap of $2,885.90, a price-to-earnings ratio of 14.17, a price-to-earnings-growth ratio of 1.65 and a beta of 1.19.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 15th will be paid a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 3.10%. American Eagle Outfitters’s payout ratio is currently 51.55%.

In other American Eagle Outfitters news, insider Jennifer M. Foyle sold 13,500 shares of American Eagle Outfitters stock in a transaction on Wednesday, September 27th. The shares were sold at an average price of $14.22, for a total value of $191,970.00. Following the sale, the insider now directly owns 27,531 shares in the company, valued at approximately $391,490.82. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 5.90% of the stock is currently owned by insiders.

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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.

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

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