American Eagle Outfitters (NYSE:AEO)‘s stock had its “buy” rating restated by equities researchers at SunTrust Banks in a report released on Tuesday. They currently have a $21.00 price target on the apparel retailer’s stock. SunTrust Banks’ price target suggests a potential upside of 16.99% from the company’s previous close.

A number of other equities analysts have also recently issued reports on the company. Telsey Advisory Group raised their target price on American Eagle Outfitters from $19.00 to $22.00 and gave the stock an “outperform” rating in a report on Tuesday, January 2nd. BMO Capital Markets set a $21.00 target price on American Eagle Outfitters and gave the stock a “buy” rating in a report on Tuesday, December 19th. ValuEngine upgraded American Eagle Outfitters from a “hold” rating to a “buy” rating in a report on Saturday, December 9th. Cowen restated an “outperform” rating and set a $19.00 target price (up previously from $16.00) on shares of American Eagle Outfitters in a report on Thursday, December 7th. Finally, B. Riley raised their target price on American Eagle Outfitters from $15.00 to $18.00 and gave the stock a “buy” rating in a report on Thursday, December 7th. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $15.57.

American Eagle Outfitters (NYSE AEO) opened at $17.95 on Tuesday. The stock has a market capitalization of $3,180.00, a PE ratio of 19.73, a P/E/G ratio of 2.09 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.

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 net margin of 4.50% and a return on equity of 17.42%. The firm had revenue of $960.00 million during the quarter, compared to the consensus estimate of $960.86 million. During the same quarter in the prior year, the business earned $0.41 EPS. American Eagle Outfitters’s revenue was up 2.1% on a year-over-year basis. equities analysts expect that American Eagle Outfitters will post 1.15 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in AEO. Dimensional Fund Advisors LP raised its position in shares of 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 worth $87,008,000 after purchasing an additional 1,687,520 shares during the period. Senvest Management LLC acquired a new stake in shares of American Eagle Outfitters during the third quarter worth about $22,737,000. Ameriprise Financial Inc. raised its position in shares of 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 worth $32,611,000 after purchasing an additional 1,534,344 shares during the period. Majedie Asset Management Ltd acquired a new stake in American Eagle Outfitters in the 3rd quarter valued at approximately $18,202,000. Finally, Hamlin Capital Management LLC raised its position in American Eagle Outfitters by 16.4% in the 3rd 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. 83.20% of the stock is currently owned by institutional investors.

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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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