American Eagle Outfitters (NYSE:AEO) has been given an average recommendation of “Buy” by the fifteen brokerages that are presently covering the company, MarketBeat reports. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and nine have given a buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $24.67.

A number of research analysts have recently weighed in on the company. Deutsche Bank upgraded American Eagle Outfitters from a “hold” rating to a “buy” rating and set a $24.00 price target on the stock in a report on Monday, November 26th. Royal Bank of Canada set a $24.00 price target on American Eagle Outfitters and gave the company a “buy” rating in a report on Wednesday, December 12th. Wedbush set a $25.00 price target on American Eagle Outfitters and gave the company a “buy” rating in a report on Wednesday, December 12th. Zacks Investment Research upgraded American Eagle Outfitters from a “hold” rating to a “buy” rating and set a $24.00 price target on the stock in a report on Tuesday, February 12th. Finally, Jefferies Financial Group set a $28.00 price target on American Eagle Outfitters and gave the company a “buy” rating in a report on Thursday, March 7th.

In other American Eagle Outfitters news, EVP Andrew J. Mclean sold 15,196 shares of the business’s stock in a transaction dated Monday, March 18th. The stock was sold at an average price of $20.75, for a total value of $315,317.00. Following the transaction, the executive vice president now owns 30,180 shares in the company, valued at $626,235. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 6.30% of the company’s stock.

A number of hedge funds and other institutional investors have recently modified their holdings of AEO. Teton Advisors Inc. lifted its position in shares of American Eagle Outfitters by 3.5% in the fourth quarter. Teton Advisors Inc. now owns 14,800 shares of the apparel retailer’s stock worth $286,000 after buying an additional 500 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of American Eagle Outfitters by 8.0% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,518 shares of the apparel retailer’s stock worth $223,000 after buying an additional 854 shares during the last quarter. Sowell Financial Services LLC lifted its position in shares of American Eagle Outfitters by 8.3% in the fourth quarter. Sowell Financial Services LLC now owns 11,447 shares of the apparel retailer’s stock worth $221,000 after buying an additional 873 shares during the last quarter. Bowling Portfolio Management LLC lifted its position in shares of American Eagle Outfitters by 3.3% in the fourth quarter. Bowling Portfolio Management LLC now owns 33,399 shares of the apparel retailer’s stock worth $646,000 after buying an additional 1,062 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund lifted its position in shares of American Eagle Outfitters by 1.6% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 67,229 shares of the apparel retailer’s stock worth $1,300,000 after buying an additional 1,084 shares during the last quarter. Hedge funds and other institutional investors own 92.51% of the company’s stock.

Shares of American Eagle Outfitters stock traded up $0.55 on Thursday, reaching $21.50. 145,600 shares of the company were exchanged, compared to its average volume of 4,836,302. The firm has a market capitalization of $3.45 billion, a PE ratio of 14.58, a price-to-earnings-growth ratio of 1.76 and a beta of 0.78. American Eagle Outfitters has a fifty-two week low of $17.00 and a fifty-two week high of $29.88.

American Eagle Outfitters (NYSE:AEO) last announced its earnings results on Wednesday, March 6th. The apparel retailer reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.01. American Eagle Outfitters had a return on equity of 20.86% and a net margin of 6.49%. The company had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.26 billion. During the same period in the previous year, the firm earned $0.44 earnings per share. American Eagle Outfitters’s revenue for the quarter was up 1.2% compared to the same quarter last year. As a group, equities analysts anticipate that American Eagle Outfitters will post 1.59 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, April 26th. Shareholders of record on Friday, April 12th will be paid a $0.1375 dividend. The ex-dividend date is Thursday, April 11th. This represents a $0.55 dividend on an annualized basis and a yield of 2.56%. American Eagle Outfitters’s dividend payout ratio (DPR) is currently 37.16%.

About American Eagle Outfitters

American Eagle Outfitters, Inc operates as a specialty retailer that provides clothing, accessories, and personal care products under the American Eagle and Aerie brands. The company also provides jeans, and other apparel and accessories for men and women; and intimates, activewear, and swim collections, as well as personal care products for women.

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Analyst Recommendations for American Eagle Outfitters (NYSE:AEO)

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