American Eagle Outfitters, Inc. (NYSE:AEO) – Stock analysts at B. Riley upped their Q3 2018 earnings per share (EPS) estimates for American Eagle Outfitters in a research note issued on Friday. B. Riley analyst S. Anderson now anticipates that the apparel retailer will post earnings per share of $0.38 for the quarter, up from their prior forecast of $0.37. B. Riley currently has a “Buy” rating on the stock. B. Riley also issued estimates for American Eagle Outfitters’ FY2018 earnings at $1.13 EPS.

American Eagle Outfitters (NYSE:AEO) last released its earnings results on Wednesday, August 23rd. The apparel retailer reported $0.19 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.16 by $0.03. The firm had revenue of $845.00 million during the quarter, compared to analysts’ expectations of $823.84 million. American Eagle Outfitters had a net margin of 4.85% and a return on equity of 18.25%. American Eagle Outfitters’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.23 EPS.

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Several other analysts have also recently issued reports on the stock. Zacks Investment Research raised shares of American Eagle Outfitters from a “hold” rating to a “buy” rating and set a $14.00 price objective for the company in a research note on Thursday, November 9th. Wolfe Research raised shares of American Eagle Outfitters from an “underperform” rating to a “market perform” rating in a research note on Thursday, November 9th. Cowen and Company reissued an “outperform” rating and set a $16.00 price objective (up from $14.00) on shares of American Eagle Outfitters in a research note on Monday, October 2nd. SunTrust Banks, Inc. reissued a “buy” rating and set a $15.00 price objective on shares of American Eagle Outfitters in a research note on Monday, October 2nd. Finally, BMO Capital Markets reissued a “buy” rating and set a $15.00 price objective on shares of American Eagle Outfitters in a research note on Wednesday, September 13th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and twelve have given a buy rating to the company’s stock. American Eagle Outfitters presently has a consensus rating of “Hold” and a consensus price target of $14.57.

American Eagle Outfitters (NYSE:AEO) traded down $0.23 during mid-day trading on Monday, reaching $13.62. 2,428,700 shares of the company’s stock traded hands, compared to its average volume of 4,459,726. The stock has a market cap of $2,460.00, a PE ratio of 12.04, a P/E/G ratio of 1.40 and a beta of 1.09. American Eagle Outfitters has a 12-month low of $10.23 and a 12-month high of $19.00.

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 20th. Shareholders of record on Friday, October 6th were issued a $0.125 dividend. The ex-dividend date was Thursday, October 5th. This represents a $0.50 dividend on an annualized basis and a yield of 3.67%. American Eagle Outfitters’s dividend payout ratio is currently 52.08%.

In other American Eagle Outfitters news, insider Jennifer M. Foyle sold 13,500 shares of the business’s stock in a transaction on Wednesday, September 27th. The shares were sold at an average price of $14.22, for a total value of $191,970.00. Following the transaction, the insider now owns 27,531 shares in the company, valued at approximately $391,490.82. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 5.90% of the company’s stock.

A number of hedge funds have recently modified their holdings of the business. HighTower Advisors LLC raised its stake in shares of American Eagle Outfitters by 2.0% in the 1st quarter. HighTower Advisors LLC now owns 14,893 shares of the apparel retailer’s stock valued at $210,000 after purchasing an additional 290 shares in the last quarter. Engineers Gate Manager LP acquired a new stake in shares of American Eagle Outfitters in the 2nd quarter valued at about $2,016,000. Russell Investments Group Ltd. raised its stake in shares of American Eagle Outfitters by 84.6% in the 2nd quarter. Russell Investments Group Ltd. now owns 138,705 shares of the apparel retailer’s stock valued at $1,671,000 after purchasing an additional 63,583 shares in the last quarter. Marshall Wace North America L.P. raised its stake in shares of American Eagle Outfitters by 807.2% in the 2nd quarter. Marshall Wace North America L.P. now owns 496,468 shares of the apparel retailer’s stock valued at $5,958,000 after purchasing an additional 441,740 shares in the last quarter. Finally, LSV Asset Management raised its stake in shares of American Eagle Outfitters by 1.1% in the 2nd quarter. LSV Asset Management now owns 7,339,955 shares of the apparel retailer’s stock valued at $88,446,000 after purchasing an additional 76,600 shares in the last quarter. Hedge funds and other institutional investors own 83.47% 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.

Earnings History and Estimates for American Eagle Outfitters (NYSE:AEO)

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