Zacks: Brokerages Anticipate American Eagle Outfitters (AEO) to Announce $0.44 EPS

Brokerages predict that American Eagle Outfitters (NYSE:AEO) will announce earnings per share (EPS) of $0.44 for the current quarter, according to Zacks. Six analysts have issued estimates for American Eagle Outfitters’ earnings, with the lowest EPS estimate coming in at $0.43 and the highest estimate coming in at $0.47. American Eagle Outfitters posted earnings per share of $0.39 in the same quarter last year, which would suggest a positive year over year growth rate of 12.8%. The business is scheduled to report its next quarterly earnings report on Wednesday, March 7th.

According to Zacks, analysts expect that American Eagle Outfitters will report full-year earnings of $1.16 per share for the current financial year, with EPS estimates ranging from $1.15 to $1.19. For the next year, analysts expect that the business will report earnings of $1.34 per share, with EPS estimates ranging from $1.25 to $1.50. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side analysts that cover American Eagle Outfitters.

American Eagle Outfitters (NYSE:AEO) last posted its quarterly earnings data on Wednesday, December 6th. The apparel retailer reported $0.37 EPS for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.02). The firm had revenue of $960.00 million for the quarter, compared to analysts’ expectations of $960.86 million. American Eagle Outfitters had a net margin of 4.50% and a return on equity of 17.42%. The firm’s revenue was up 2.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.41 EPS.

AEO has been the subject of a number of research reports. B. Riley upped their price objective on American Eagle Outfitters from $15.00 to $18.00 and gave the company a “buy” rating in a research report on Thursday, December 7th. Zacks Investment Research upgraded American Eagle Outfitters from a “hold” rating to a “buy” rating and set a $14.00 price objective for the company in a research report on Thursday, November 9th. BMO Capital Markets set a $21.00 price objective on American Eagle Outfitters and gave the company 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. Finally, SunTrust Banks reiterated a “buy” rating and set a $19.00 price objective on shares of American Eagle Outfitters in a research report on Thursday, December 7th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and twelve have issued a buy rating to the company’s stock. American Eagle Outfitters presently has a consensus rating of “Hold” and a consensus price target of $15.79.

Shares of American Eagle Outfitters (NYSE AEO) opened at $18.77 on Wednesday. The company has a market capitalization of $3,331.62, a price-to-earnings ratio of 20.40, a P/E/G ratio of 2.92 and a beta of 1.18. American Eagle Outfitters has a 1 year low of $10.23 and a 1 year high of $19.48.

The business also recently declared a quarterly dividend, which was paid on Friday, December 29th. Shareholders of record on Friday, December 15th were given a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 2.66%. The ex-dividend date of this dividend was Thursday, December 14th. American Eagle Outfitters’s payout ratio is 54.35%.

Institutional investors and hedge funds have recently modified their holdings of the business. Chartwell Investment Partners LLC bought a new position in shares of American Eagle Outfitters in the third quarter worth about $3,995,000. Paradigm Capital Management Inc. NY boosted its stake in shares of American Eagle Outfitters by 3.2% in the third quarter. Paradigm Capital Management Inc. NY now owns 236,300 shares of the apparel retailer’s stock worth $3,379,000 after acquiring an additional 7,300 shares during the period. Senvest Management LLC bought a new position in shares of American Eagle Outfitters in the third quarter worth about $22,737,000. Scout Investments Inc. boosted its stake in shares of American Eagle Outfitters by 5.8% in the third quarter. Scout Investments Inc. now owns 1,059,574 shares of the apparel retailer’s stock worth $15,152,000 after acquiring an additional 57,927 shares during the period. Finally, Ameriprise Financial Inc. boosted its stake in shares of American Eagle Outfitters by 205.6% in the third quarter. Ameriprise Financial Inc. now owns 2,280,569 shares of the apparel retailer’s stock worth $32,611,000 after acquiring an additional 1,534,344 shares during the period. Institutional investors and hedge funds own 83.28% 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.

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

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