American Eagle Outfitters (NYSE:AEO) posted its quarterly earnings data on Wednesday. The apparel retailer reported $0.37 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.39 by ($0.02), Bloomberg Earnings reports. The business had revenue of $960.00 million for the quarter, compared to the consensus estimate of $960.86 million. American Eagle Outfitters had a net margin of 4.85% and a return on equity of 18.25%. The business’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter last year, the business posted $0.41 EPS. American Eagle Outfitters updated its Q4 guidance to $0.42-0.44 EPS.

Shares of American Eagle Outfitters (NYSE:AEO) traded up $0.39 during midday trading on Thursday, hitting $16.50. The stock had a trading volume of 11,638,200 shares, compared to its average volume of 4,528,117. American Eagle Outfitters has a 1 year low of $10.23 and a 1 year high of $18.49. The stock has a market cap of $2,852.26, a PE ratio of 14.01, a PEG ratio of 1.63 and a beta of 1.19.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 15th will be given a dividend of $0.125 per share. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $0.50 annualized dividend and a dividend yield of 3.03%. American Eagle Outfitters’s payout ratio is 51.55%.

AEO has been the topic of a number of analyst reports. Royal Bank Of Canada set a $14.00 price objective on American Eagle Outfitters and gave the company a “buy” rating in a research note on Tuesday, August 29th. SunTrust Banks set a $15.00 price objective on American Eagle Outfitters and gave the company a “buy” rating in a research note on Thursday, August 24th. Cowen set a $14.00 target price on American Eagle Outfitters and gave the stock a “buy” rating in a research note on Wednesday, August 23rd. FBR & Co upgraded American Eagle Outfitters from a “neutral” rating to a “buy” rating and set a $13.00 target price on the stock in a research note on Tuesday, August 15th. Finally, Jefferies Group set a $18.00 target price on American Eagle Outfitters and gave the stock a “buy” rating in a research note on Sunday, September 10th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and eleven have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $14.86.

In other news, insider Jennifer M. Foyle sold 13,500 shares of the stock in a transaction that occurred on Wednesday, September 27th. The stock was sold at an average price of $14.22, for a total value of $191,970.00. Following the completion of the transaction, the insider now owns 27,531 shares of the company’s stock, valued at approximately $391,490.82. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 5.80% of the company’s stock.

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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.

Earnings History for American Eagle Outfitters (NYSE:AEO)

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