BMO Capital Markets restated their buy rating on shares of American Eagle Outfitters, Inc. (NYSE:AEO) in a report issued on Wednesday morning. They currently have a $15.00 price target on the apparel retailer’s stock.

A number of other equities analysts have also recently weighed in on AEO. Deutsche Bank AG cut American Eagle Outfitters from a buy rating to a hold rating in a report on Wednesday, May 17th. B. Riley reissued a neutral rating and set a $12.50 price objective on shares of American Eagle Outfitters in a report on Thursday, May 18th. FBR & Co decreased their price objective on American Eagle Outfitters from $15.00 to $13.00 and set an outperform rating on the stock in a report on Thursday, May 18th. Telsey Advisory Group decreased their price objective on American Eagle Outfitters from $19.00 to $16.00 and set an outperform rating on the stock in a report on Thursday, May 18th. Finally, Royal Bank Of Canada reissued an outperform rating and set a $14.00 price objective (down from $17.00) on shares of American Eagle Outfitters in a report on Thursday, May 18th. Four research analysts have rated the stock with a sell rating, eleven have issued a hold rating and ten have issued a buy rating to the company’s stock. American Eagle Outfitters currently has an average rating of Hold and an average target price of $14.84.

Shares of American Eagle Outfitters (NYSE:AEO) opened at 13.33 on Wednesday. The company has a market capitalization of $2.36 billion, a PE ratio of 13.69 and a beta of 1.07. American Eagle Outfitters has a 12-month low of $10.23 and a 12-month high of $19.00. The stock’s 50 day moving average price is $12.01 and its 200 day moving average price is $12.62.

American Eagle Outfitters (NYSE:AEO) last released its quarterly earnings results on Wednesday, August 23rd. The apparel retailer reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.03. American Eagle Outfitters had a return on equity of 18.25% and a net margin of 4.85%. The firm had revenue of $845.00 million for the quarter, compared to analysts’ expectations of $823.84 million. During the same quarter last year, the firm posted $0.23 EPS. The company’s revenue was up 2.7% compared to the same quarter last year. On average, equities research analysts forecast that American Eagle Outfitters will post $1.13 earnings per share for the current year.

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The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 20th. Stockholders of record on Friday, October 6th will be given a $0.125 dividend. The ex-dividend date of this dividend is Thursday, October 5th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.75%. American Eagle Outfitters’s dividend payout ratio is currently 51.55%.

Several hedge funds have recently modified their holdings of the company. Capstone Asset Management Co. boosted its position in shares of American Eagle Outfitters by 0.4% during the first quarter. Capstone Asset Management Co. now owns 15,667 shares of the apparel retailer’s stock valued at $220,000 after purchasing an additional 60 shares in the last quarter. CIBC World Markets Inc. boosted its position in shares of American Eagle Outfitters by 0.6% during the second quarter. CIBC World Markets Inc. now owns 11,035 shares of the apparel retailer’s stock valued at $133,000 after purchasing an additional 63 shares in the last quarter. Glen Harbor Capital Management LLC boosted its position in shares of American Eagle Outfitters by 2.2% during the first quarter. Glen Harbor Capital Management LLC now owns 7,238 shares of the apparel retailer’s stock valued at $102,000 after purchasing an additional 154 shares in the last quarter. Ifrah Financial Services Inc. boosted its position in shares of American Eagle Outfitters by 0.5% during the second quarter. Ifrah Financial Services Inc. now owns 34,282 shares of the apparel retailer’s stock valued at $413,000 after purchasing an additional 177 shares in the last quarter. Finally, Elkfork Partners LLC boosted its position in shares of American Eagle Outfitters by 2.2% during the first quarter. Elkfork Partners LLC now owns 9,212 shares of the apparel retailer’s stock valued at $129,000 after purchasing an additional 196 shares in the last quarter. Hedge funds and other institutional investors own 83.88% of the company’s stock.

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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