American Eagle Outfitters (NYSE:AEO) has been assigned a $20.00 price target by stock analysts at Cowen in a research note issued on Thursday. The brokerage presently has a “buy” rating on the apparel retailer’s stock. Cowen’s target price suggests a potential upside of 11.11% from the company’s current price.

Other equities research analysts have also issued reports about the company. BMO Capital Markets set a $21.00 price objective on American Eagle Outfitters and gave the stock a “buy” rating in a research report on Tuesday, December 19th. ValuEngine upgraded American Eagle Outfitters from a “hold” rating to a “buy” rating in a research report on Saturday, December 9th. SunTrust Banks reiterated a “buy” rating and issued a $19.00 price objective on shares of American Eagle Outfitters in a research report on Thursday, December 7th. B. Riley reiterated a “buy” rating on shares of American Eagle Outfitters in a research report on Wednesday, November 1st. Finally, Zacks Investment Research upgraded American Eagle Outfitters from a “hold” rating to a “buy” rating and set a $15.00 price objective on the stock in a research report on Tuesday, October 10th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and twelve have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $15.79.

American Eagle Outfitters (NYSE:AEO) traded up $0.26 on Thursday, reaching $18.00. The company had a trading volume of 2,327,500 shares, compared to its average volume of 5,259,933. American Eagle Outfitters has a fifty-two week low of $10.23 and a fifty-two week high of $19.48. The company has a market cap of $3,220.00, a price-to-earnings ratio of 19.78, a price-to-earnings-growth ratio of 2.04 and a beta of 1.18.

American Eagle Outfitters (NYSE:AEO) last posted its quarterly earnings results on Wednesday, December 6th. The apparel retailer reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.02). American Eagle Outfitters had a return on equity of 17.42% and a net margin of 4.50%. The company had revenue of $960.00 million for the quarter, compared to the consensus estimate of $960.86 million. During the same quarter in the previous year, the business earned $0.41 earnings per share. American Eagle Outfitters’s revenue was up 2.1% compared to the same quarter last year. equities analysts anticipate that American Eagle Outfitters will post 1.16 EPS for the current fiscal year.

A number of large investors have recently made changes to their positions in AEO. Dimensional Fund Advisors LP raised its stake in American Eagle Outfitters by 30.5% during the second quarter. Dimensional Fund Advisors LP now owns 7,220,656 shares of the apparel retailer’s stock valued at $87,008,000 after buying an additional 1,687,520 shares during the last quarter. Senvest Management LLC purchased a new position in American Eagle Outfitters during the third quarter valued at $22,737,000. Ameriprise Financial Inc. raised its stake in American Eagle Outfitters by 205.6% during the third quarter. Ameriprise Financial Inc. now owns 2,280,569 shares of the apparel retailer’s stock valued at $32,611,000 after buying an additional 1,534,344 shares during the last quarter. Majedie Asset Management Ltd purchased a new position in American Eagle Outfitters during the third quarter valued at $18,202,000. Finally, Hamlin Capital Management LLC raised its stake in American Eagle Outfitters by 16.4% during the third quarter. Hamlin Capital Management LLC now owns 6,677,523 shares of the apparel retailer’s stock valued at $95,489,000 after buying an additional 940,045 shares during the last quarter. Institutional investors and hedge funds own 83.24% of the company’s stock.

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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.

Analyst Recommendations for American Eagle Outfitters (NYSE:AEO)

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