American Eagle Outfitters (NYSE:AEO) received a $21.00 price target from stock analysts at BMO Capital Markets in a report released on Tuesday. The brokerage presently has a “buy” rating on the apparel retailer’s stock. BMO Capital Markets’ price objective points to a potential upside of 16.09% from the stock’s current price.

Several other brokerages have also recently weighed in on AEO. ValuEngine upgraded American Eagle Outfitters from a “hold” rating to a “buy” rating in a report on Saturday, December 9th. SunTrust Banks restated a “buy” rating and set a $19.00 target price on shares of American Eagle Outfitters in a report on Thursday, December 7th. Cowen restated an “outperform” rating and set a $19.00 target price (up from $16.00) on shares of American Eagle Outfitters in a report on Thursday, December 7th. Telsey Advisory Group boosted their target price on American Eagle Outfitters from $16.00 to $19.00 and gave the stock an “outperform” rating in a report on Thursday, December 7th. Finally, B. Riley boosted 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 analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have issued a buy rating to the company’s stock. American Eagle Outfitters currently has a consensus rating of “Hold” and an average price target of $15.33.

American Eagle Outfitters (NYSE AEO) traded down $0.18 during trading hours on Tuesday, hitting $18.09. The stock had a trading volume of 3,893,000 shares, compared to its average volume of 4,610,562. American Eagle Outfitters has a 52-week low of $10.23 and a 52-week high of $18.38. The firm has a market cap of $3,239.42, a PE ratio of 16.46, a PEG ratio of 1.81 and a beta of 1.19.

American Eagle Outfitters (NYSE:AEO) last posted its earnings results on Wednesday, December 6th. The apparel retailer reported $0.37 EPS for the quarter, missing the Zacks’ 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 business had revenue of $960.00 million for the quarter, compared to analyst estimates of $960.86 million. During the same quarter last year, the business earned $0.41 earnings per share. American Eagle Outfitters’s revenue was up 2.1% on a year-over-year basis. equities research analysts anticipate that American Eagle Outfitters will post 1.16 earnings per share for the current year.

In other news, insider Jennifer M. Foyle sold 13,500 shares of the company’s stock in a transaction on Wednesday, September 27th. The stock was sold at an average price of $14.22, for a total transaction of $191,970.00. Following the sale, the insider now owns 27,531 shares of the company’s stock, valued at $391,490.82. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 5.90% of the stock is currently owned by corporate insiders.

Several institutional investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP raised its holdings in shares of American Eagle Outfitters by 30.5% in the second quarter. Dimensional Fund Advisors LP now owns 7,220,656 shares of the apparel retailer’s stock valued at $87,008,000 after buying an additional 1,687,520 shares during the last quarter. Senvest Management LLC acquired a new stake in shares of American Eagle Outfitters in the third quarter valued at approximately $22,737,000. Ameriprise Financial Inc. grew its position 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 valued at $32,611,000 after purchasing an additional 1,534,344 shares during the last quarter. Majedie Asset Management Ltd acquired a new stake in shares of American Eagle Outfitters in the third quarter valued at approximately $18,202,000. Finally, Hamlin Capital Management LLC grew its position in shares of American Eagle Outfitters by 16.4% in the third quarter. Hamlin Capital Management LLC now owns 6,677,523 shares of the apparel retailer’s stock valued at $95,489,000 after purchasing an additional 940,045 shares during the last quarter. 83.20% of the stock is currently owned by institutional investors and hedge funds.

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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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