Deutsche Bank AG reiterated their hold rating on shares of American Eagle Outfitters, Inc. (NYSE:AEO) in a research report report published on Friday morning. They currently have a $12.00 price objective on the apparel retailer’s stock, down from their previous price objective of $13.00.

Several other analysts have also recently commented on AEO. UBS AG restated a neutral rating and issued a $11.00 target price (down from $17.00) on shares of American Eagle Outfitters in a research report on Friday, May 19th. B. Riley restated a neutral rating and issued a $12.50 target price on shares of American Eagle Outfitters in a research report on Thursday, May 18th. BMO Capital Markets set a $15.00 target price on American Eagle Outfitters and gave the company a buy rating in a research report on Tuesday, August 8th. Cowen and Company restated an outperform rating and issued a $13.00 target price (down from $14.00) on shares of American Eagle Outfitters in a research report on Friday, May 19th. Finally, Jefferies Group LLC set a $18.00 target price on American Eagle Outfitters and gave the company a buy rating in a research report on Thursday, August 3rd. Four investment analysts have rated the stock with a sell rating, eleven have given a hold rating and eleven have assigned a buy rating to the company. The company has an average rating of Hold and a consensus target price of $15.40.

American Eagle Outfitters (NYSE:AEO) opened at 10.96 on Friday. The company’s 50-day moving average price is $11.74 and its 200-day moving average price is $13.09. American Eagle Outfitters has a one year low of $10.56 and a one year high of $19.22. The firm has a market cap of $1.94 billion, a price-to-earnings ratio of 10.14 and a beta of 1.09.

American Eagle Outfitters (NYSE:AEO) last posted its earnings results on Wednesday, May 17th. The apparel retailer reported $0.16 EPS for the quarter, missing the consensus estimate of $0.17 by $0.01. American Eagle Outfitters had a net margin of 5.44% and a return on equity of 18.95%. The business had revenue of $761.80 million during the quarter, compared to analyst estimates of $741.76 million. During the same quarter in the prior year, the business earned $0.22 earnings per share. The firm’s revenue was up 1.7% compared to the same quarter last year. On average, analysts anticipate that American Eagle Outfitters will post $1.09 EPS for the current year.

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The company also recently disclosed a quarterly dividend, which was paid on Friday, July 21st. Investors of record on Friday, July 7th were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Wednesday, July 5th. This represents a $0.50 dividend on an annualized basis and a yield of 4.56%. American Eagle Outfitters’s payout ratio is 46.30%.

Hedge funds have recently added to or reduced their stakes in the stock. Glen Harbor Capital Management LLC boosted its stake in American Eagle Outfitters by 2.2% in the first quarter. Glen Harbor Capital Management LLC now owns 7,238 shares of the apparel retailer’s stock worth $102,000 after buying an additional 154 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in American Eagle Outfitters by 58.4% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,804 shares of the apparel retailer’s stock worth $109,000 after buying an additional 2,877 shares during the last quarter. Elkfork Partners LLC boosted its stake in American Eagle Outfitters by 2.2% in the first quarter. Elkfork Partners LLC now owns 9,212 shares of the apparel retailer’s stock worth $129,000 after buying an additional 196 shares during the last quarter. Ronald Blue & Co. LLC boosted its stake in American Eagle Outfitters by 3.1% in the second quarter. Ronald Blue & Co. LLC now owns 10,476 shares of the apparel retailer’s stock worth $126,000 after buying an additional 311 shares during the last quarter. Finally, FNY Managed Accounts LLC purchased a new stake in American Eagle Outfitters during the first quarter worth about $147,000. 89.03% of the stock is owned by hedge funds and other institutional investors.

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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