American Eagle Outfitters Inc. (NYSE:AEO) has been assigned an average rating of “Buy” from the twenty-seven brokerages that are covering the stock. Two equities research analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and seventeen have given a buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $19.23.

Several analysts recently commented on AEO shares. Vetr upgraded shares of American Eagle Outfitters from a “hold” rating to a “buy” rating and set a $15.50 price target for the company in a research report on Tuesday, June 21st. Zacks Investment Research upgraded shares of American Eagle Outfitters from a “hold” rating to a “buy” rating and set a $18.00 price objective for the company in a research report on Monday, July 4th. Nomura restated a “hold” rating on shares of American Eagle Outfitters in a research report on Wednesday, July 6th. BlueFin Research restated an “outperform” rating and set a $22.00 price objective on shares of American Eagle Outfitters in a research report on Friday, July 15th. Finally, Jefferies Group restated a “buy” rating on shares of American Eagle Outfitters in a research report on Monday, August 1st.

American Eagle Outfitters (NYSE:AEO) opened at 17.83 on Monday. The company’s 50-day moving average is $18.16 and its 200-day moving average is $16.65. American Eagle Outfitters has a 52-week low of $12.78 and a 52-week high of $19.55. The firm has a market capitalization of $3.24 billion, a price-to-earnings ratio of 14.18 and a beta of 0.89.

American Eagle Outfitters (NYSE:AEO) last released its quarterly earnings results on Wednesday, August 17th. The apparel retailer reported $0.23 EPS for the quarter, beating the consensus estimate of $0.21 by $0.02. American Eagle Outfitters had a net margin of 6.61% and a return on equity of 21.00%. The firm earned $823 million during the quarter, compared to the consensus estimate of $818.10 million. During the same quarter in the prior year, the firm earned $0.17 EPS. American Eagle Outfitters’s revenue for the quarter was up 3.2% on a year-over-year basis. Equities analysts predict that American Eagle Outfitters will post $1.31 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 21st. Stockholders of record on Friday, October 7th will be paid a dividend of $0.125 per share. The ex-dividend date is Wednesday, October 5th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.80%. American Eagle Outfitters’s dividend payout ratio is currently 40.00%.

In other news, COO Michael R. Rempell sold 83,141 shares of American Eagle Outfitters stock in a transaction that occurred on Thursday, August 18th. The shares were sold at an average price of $18.68, for a total transaction of $1,553,073.88. Following the sale, the chief operating officer now owns 196,868 shares in the company, valued at $3,677,494.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Michael R. Rempell sold 50,826 shares of American Eagle Outfitters stock in a transaction that occurred on Friday, September 2nd. The shares were sold at an average price of $18.84, for a total transaction of $957,561.84. Following the sale, the chief operating officer now owns 106,077 shares in the company, valued at approximately $1,998,490.68. The disclosure for this sale can be found here. Insiders own 5.80% of the company’s stock.

Hedge funds have recently bought and sold shares of the stock. Invictus RG purchased a new stake in American Eagle Outfitters during the first quarter worth about $105,000. Smith Asset Management Group LP raised its stake in American Eagle Outfitters by 8,589.7% in the second quarter. Smith Asset Management Group LP now owns 6,778 shares of the apparel retailer’s stock worth $108,000 after buying an additional 6,700 shares in the last quarter. Huntington National Bank purchased a new stake in American Eagle Outfitters during the second quarter worth about $129,000. Canada Pension Plan Investment Board raised its stake in American Eagle Outfitters by 27.1% in the first quarter. Canada Pension Plan Investment Board now owns 8,900 shares of the apparel retailer’s stock worth $148,000 after buying an additional 1,900 shares in the last quarter. Finally, LS Investment Advisors LLC raised its stake in American Eagle Outfitters by 66.7% in the second quarter. LS Investment Advisors LLC now owns 10,155 shares of the apparel retailer’s stock worth $162,000 after buying an additional 4,063 shares in the last quarter. Institutional investors own 95.05% of the company’s stock.

About American Eagle Outfitters

American Eagle Outfitters, Inc (AEO Inc) is a specialty retailer, operating over 1,000 retail stores and online at ae.com and aerie.com in the United States and internationally. The Company operates in the segment of American Eagle Outfitters Brand (AEO Brand) retail stores, Aerie by American Eagle Outfitters retail stores and AEO Direct.

5 Day Chart for NYSE:AEO

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