American Eagle Outfitters Inc. (NYSE:AEO) will issue its Q316 quarterly earnings data on Wednesday, November 30th. Analysts expect the company to announce earnings of $0.41 per share and revenue of $941.85 million for the quarter.

Earnings History for American Eagle Outfitters (NYSE:AEO)

Shares of American Eagle Outfitters Inc. (NYSE:AEO) opened at 18.40 on Tuesday. The firm has a 50 day moving average price of $17.46 and a 200-day moving average price of $17.15. The firm has a market capitalization of $3.34 billion, a P/E ratio of 14.64 and a beta of 0.86. American Eagle Outfitters Inc. has a 52 week low of $12.78 and a 52 week high of $19.55.

COPYRIGHT VIOLATION WARNING: “American Eagle Outfitters Inc. (AEO) Set to Announce Quarterly Earnings on Wednesday” was originally published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this piece of content on another site, it was illegally stolen and republished in violation of United States & international copyright and trademark law. The correct version of this piece of content can be read at https://www.thecerbatgem.com/2016/11/29/american-eagle-outfitters-inc-aeo-set-to-announce-quarterly-earnings-on-wednesday.html.

AEO has been the topic of a number of analyst reports. B. Riley restated a “buy” rating and issued a $22.00 price target on shares of American Eagle Outfitters in a research note on Thursday, August 18th. Jefferies Group restated a “buy” rating on shares of American Eagle Outfitters in a research note on Sunday, September 4th. Wunderlich restated a “buy” rating and issued a $22.00 price target on shares of American Eagle Outfitters in a research note on Monday. FBR & Co lifted their price target on American Eagle Outfitters from $19.00 to $22.00 and gave the company an “outperform” rating in a research note on Thursday, August 18th. Finally, SunTrust Banks Inc. lifted their price target on American Eagle Outfitters from $19.00 to $22.00 and gave the company a “buy” rating in a research note on Thursday, August 18th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and thirteen have issued a buy rating to the company’s stock. American Eagle Outfitters currently has an average rating of “Hold” and an average price target of $19.63.

In other news, COO Michael R. Rempell sold 50,826 shares of the company’s stock in a transaction dated Friday, September 2nd. The stock was sold at an average price of $18.84, for a total value of $957,561.84. Following the completion of the sale, the chief operating officer now owns 106,077 shares of the company’s stock, valued at $1,998,490.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 5.80% of the stock is owned by insiders.

Several large investors have recently modified their holdings of the company. American Century Companies Inc. increased its position in shares of American Eagle Outfitters by 68.1% in the second quarter. American Century Companies Inc. now owns 2,879,369 shares of the apparel retailer’s stock worth $45,868,000 after buying an additional 1,166,201 shares in the last quarter. BlackRock Investment Management LLC increased its position in shares of American Eagle Outfitters by 0.6% in the second quarter. BlackRock Investment Management LLC now owns 1,038,690 shares of the apparel retailer’s stock worth $16,546,000 after buying an additional 5,776 shares in the last quarter. BlackRock Inc. increased its position in shares of American Eagle Outfitters by 21.6% in the second quarter. BlackRock Inc. now owns 85,413 shares of the apparel retailer’s stock worth $1,362,000 after buying an additional 15,188 shares in the last quarter. BlackRock Group LTD increased its position in shares of American Eagle Outfitters by 4.8% in the second quarter. BlackRock Group LTD now owns 143,583 shares of the apparel retailer’s stock worth $2,287,000 after buying an additional 6,516 shares in the last quarter. Finally, Ameritas Investment Partners Inc. increased its position in shares of American Eagle Outfitters by 0.5% in the second quarter. Ameritas Investment Partners Inc. now owns 39,300 shares of the apparel retailer’s stock worth $626,000 after buying an additional 204 shares in the last quarter. 99.36% of the stock is owned by institutional investors.

American Eagle Outfitters Company Profile

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

Receive News & Stock Ratings for American Eagle Outfitters Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Eagle Outfitters Inc. and related stocks with our FREE daily email newsletter.