Buckingham Research reiterated their neutral rating on shares of American Eagle Outfitters, Inc. (NYSE:AEO) in a report published on Thursday.

A number of other equities research analysts also recently commented on AEO. Wolfe Research downgraded shares of American Eagle Outfitters from a peer perform rating to an underperform rating in a research report on Tuesday, May 9th. Jefferies Group LLC set a $19.00 price objective on shares of American Eagle Outfitters and gave the stock a buy rating in a research note on Wednesday, May 10th. Royal Bank Of Canada reissued a buy rating and set a $17.00 price objective on shares of American Eagle Outfitters in a research note on Friday, May 12th. Deutsche Bank AG cut shares of American Eagle Outfitters from a buy rating to a hold rating in a research note on Wednesday, May 17th. Finally, B. Riley reaffirmed a neutral rating and issued a $12.50 target price on shares of American Eagle Outfitters in a research note on Thursday, May 18th. Four equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average price target of $14.75.

American Eagle Outfitters (AEO) traded up 3.28% during midday trading on Thursday, reaching $12.60. The company’s stock had a trading volume of 2,209,191 shares. The company has a market cap of $2.23 billion, a P/E ratio of 12.94 and a beta of 1.09. The firm has a 50 day moving average price of $11.62 and a 200-day moving average price of $12.91. American Eagle Outfitters has a 12-month low of $10.23 and a 12-month high of $19.02.

American Eagle Outfitters (NYSE:AEO) last announced its earnings results on Wednesday, August 23rd. The apparel retailer reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.03. American Eagle Outfitters had a net margin of 4.85% and a return on equity of 18.25%. The business had revenue of $845 million during the quarter, compared to the consensus estimate of $823.84 million. During the same quarter in the prior year, the firm earned $0.23 earnings per share. The business’s quarterly revenue was up 2.7% compared to the same quarter last year. On average, equities research analysts predict that American Eagle Outfitters will post $1.13 earnings per share for the current fiscal year.

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Several institutional investors have recently made changes to their positions in the stock. Glen Harbor Capital Management LLC boosted its position in shares of 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 in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of American Eagle Outfitters by 9.3% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,533 shares of the apparel retailer’s stock worth $103,000 after buying an additional 729 shares in the last quarter. Ronald Blue & Co. LLC boosted its position in shares of 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 in the last quarter. Sterling Capital Management LLC acquired a new position in shares of American Eagle Outfitters during the second quarter worth about $128,000. Finally, Elkfork Partners LLC boosted its position in shares of 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 in the last quarter. Institutional investors own 89.03% 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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