American Eagle Outfitters, Inc. (NYSE:AEO)‘s stock had its “outperform” rating restated by analysts at Cowen and Company in a research report issued to clients and investors on Monday. They presently have a $16.00 target price on the apparel retailer’s stock, up from their prior target price of $14.00. Cowen and Company’s price target points to a potential upside of 14.94% from the stock’s previous close.

AEO has been the subject of a number of other reports. FBR & Co restated a “buy” rating and set a $15.00 price objective (up from $13.00) on shares of American Eagle Outfitters in a research report on Tuesday, September 5th. BMO Capital Markets set a $15.00 price target on American Eagle Outfitters and gave the stock a “buy” rating in a research note on Thursday, July 6th. Jefferies Group LLC set a $18.00 price target on American Eagle Outfitters and gave the stock a “buy” rating in a research report on Sunday, September 10th. Royal Bank Of Canada set a $14.00 price target on American Eagle Outfitters and gave the stock a “buy” rating in a research report on Monday, June 19th. Finally, Zacks Investment Research raised American Eagle Outfitters from a “sell” rating to a “hold” rating in a research note on Friday, August 25th. Four research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and ten have issued a buy rating to the stock. American Eagle Outfitters currently has an average rating of “Hold” and a consensus price target of $14.60.

Shares of American Eagle Outfitters (AEO) opened at 13.92 on Monday. The company’s 50-day moving average price is $12.80 and its 200 day moving average price is $12.54. The company has a market cap of $2.46 billion, a P/E ratio of 14.29 and a beta of 1.10. American Eagle Outfitters has a 52 week low of $10.23 and a 52 week high of $19.00.

American Eagle Outfitters (NYSE:AEO) last posted its quarterly earnings data on Wednesday, August 23rd. The apparel retailer reported $0.19 EPS for the quarter, beating the Zacks’ consensus estimate of $0.16 by $0.03. The business had revenue of $845.00 million during the quarter, compared to analysts’ expectations of $823.84 million. American Eagle Outfitters had a return on equity of 18.25% and a net margin of 4.85%. The business’s revenue was up 2.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.23 earnings per share. Equities research analysts anticipate that American Eagle Outfitters will post $1.13 earnings per share for the current fiscal year.

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In other American Eagle Outfitters news, insider Jennifer M. Foyle sold 13,500 shares of the stock in a transaction that occurred on Wednesday, September 27th. The shares were sold at an average price of $14.22, for a total transaction of $191,970.00. Following the sale, the insider now directly owns 27,531 shares in the company, valued at approximately $391,490.82. The transaction was disclosed in a document filed with the SEC, which is available through this link. 5.80% of the stock is owned by corporate insiders.

A number of hedge funds have recently modified their holdings of AEO. First Trust Advisors LP grew its stake in shares of American Eagle Outfitters by 36.1% in the first quarter. First Trust Advisors LP now owns 254,412 shares of the apparel retailer’s stock worth $3,569,000 after acquiring an additional 67,546 shares in the last quarter. US Bancorp DE increased its position in shares of American Eagle Outfitters by 3.5% during the first quarter. US Bancorp DE now owns 48,008 shares of the apparel retailer’s stock worth $673,000 after acquiring an additional 1,607 shares during the period. Comerica Bank increased its position in shares of American Eagle Outfitters by 12.9% during the first quarter. Comerica Bank now owns 146,499 shares of the apparel retailer’s stock worth $2,038,000 after acquiring an additional 16,688 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of American Eagle Outfitters by 58.4% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,804 shares of the apparel retailer’s stock worth $109,000 after acquiring an additional 2,877 shares during the period. Finally, Virginia Retirement Systems ET AL increased its position in shares of American Eagle Outfitters by 4.1% during the first quarter. Virginia Retirement Systems ET AL now owns 22,900 shares of the apparel retailer’s stock worth $321,000 after acquiring an additional 900 shares during the period. 83.87% of the stock is owned by institutional investors.

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.

Analyst Recommendations for American Eagle Outfitters (NYSE:AEO)

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