Analysts Take on American Eagle Outfitters, Inc. (NYSE:AEO)

The 52-week high of American Eagle Outfitters, Inc. Given the stock’s 25% gain, so far this year and that the stock currently trades at a multiple of 16x of its forward EPS, the upside has already been covered. The firm has a 50-day moving average price of $17.79 and a 200-day moving average price of $16.75.

American Eagle Outfitters (NYSE:AEO) last issued its quarterly earnings data on Wednesday, August 19th.

UBS cites that this ability coupled with an improvement in margins it forecasts, have motivated the decision to raise earnings per share (EPS) estimates for the second quarter to $0.15.

Total net revenue for the quarter grew 12 percent to a record $797.43 million from $710.60 million in the same quarter last year, and topped twenty-five Wall Street analysts’ consensus estimate of $769.56 million. $0 million in uptick and $0.4 million in downtick were the highlight of the block transaction which had an up/down ratio of 0. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 14 cents per share. The ex-dividend date was Wednesday, July 1st. This represents a $0.50 annualized dividend and a dividend yield of 2.74%.

AEO has been the topic of several other research reports.

American Eagle Outfitters, Inc.

On an analyst ratings scale of 1 through 5, American Eagle Outfitters, Inc. has a rating of 1.96 comprised of the 17 firms that provided ratings. Finally, Oppenheimer reaffirmed an outperform rating and set a $19.00 target price on shares of American Eagle Outfitters in a report on Monday. (NYSE:AEO). However, the stock price could fluctuate by $ 2.41 from the estimate as it is suggested by the standard deviation reading. The consensus target from these analysts currently sits at $18.5.

In related news, Director Cary D. Mcmillan purchased 6,000 shares of American Eagle Outfitters stock in a transaction on Wednesday, June 10th. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Teen retailers such as American Eagle and rivals like Abercrombie & Fitch Co. have been trying to revive sales after a long slump. The Company offers clothing, accessories and personal care products. The American Eagle Outfitters brand offers denims, pants, shorts, sweaters, fleece, outerwear, graphic t-shirts, footwear and accessories. The aerie brand is a collection of intimates and personal care products for women, including bras and undies in the core, and offerings in clothes, swim and slumber. The Organization offers its products online at ae.com and aerie.com and at various international store locations handled by third party operators.