American Eagle Outfitters, Inc. (NYSE:AEO) – Equities researchers at Oppenheimer Holdings lifted their Q3 2018 earnings per share (EPS) estimates for shares of American Eagle Outfitters in a report released on Wednesday. Oppenheimer Holdings analyst A. Andreeva now anticipates that the apparel retailer will post earnings per share of $0.40 for the quarter, up from their previous estimate of $0.39. Oppenheimer Holdings has a “Hold” rating and a $13.00 price target on the stock. Oppenheimer Holdings also issued estimates for American Eagle Outfitters’ Q4 2018 earnings at $0.39 EPS and FY2018 earnings at $1.14 EPS.

Other analysts also recently issued reports about the stock. Bank of America Corporation set a $12.00 price objective on shares of American Eagle Outfitters and gave the stock a “hold” rating in a report on Friday, May 19th. UBS AG reaffirmed a “neutral” rating and set a $11.00 price objective (down from $17.00) on shares of American Eagle Outfitters in a report on Friday, May 19th. B. Riley reaffirmed a “neutral” rating and set a $12.50 price objective on shares of American Eagle Outfitters in a report on Thursday, May 18th. SunTrust Banks, Inc. set a $15.00 price objective on shares of American Eagle Outfitters and gave the stock a “buy” rating in a report on Thursday, August 24th. Finally, FBR & Co decreased their price objective on shares of American Eagle Outfitters from $15.00 to $13.00 and set an “outperform” rating for the company in a report on Thursday, May 18th. Four research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eleven have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $14.75.

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American Eagle Outfitters (NYSE AEO) traded down 1.3084% on Monday, reaching $12.2871. The company’s stock had a trading volume of 692,301 shares. The stock has a market capitalization of $2.18 billion, a P/E ratio of 12.6151 and a beta of 1.09. The firm has a 50 day moving average price of $11.65 and a 200 day moving average price of $12.89. American Eagle Outfitters has a 52 week low of $10.23 and a 52 week high of $19.02.

American Eagle Outfitters (NYSE:AEO) last released its quarterly earnings results on Wednesday, August 23rd. The apparel retailer reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.03. American Eagle Outfitters had a return on equity of 18.25% and a net margin of 4.85%. The company had revenue of $845 million for the quarter, compared to analysts’ expectations of $823.84 million. During the same period in the prior year, the firm earned $0.23 earnings per share. The firm’s revenue was up 2.7% compared to the same quarter last year.

Several large investors have recently modified their holdings of the company. Capstone Asset Management Co. boosted its stake in shares of American Eagle Outfitters by 0.4% in the first quarter. Capstone Asset Management Co. now owns 15,667 shares of the apparel retailer’s stock valued at $220,000 after buying an additional 60 shares in the last quarter. CIBC World Markets Inc. boosted its stake in shares of American Eagle Outfitters by 0.6% in the second quarter. CIBC World Markets Inc. now owns 11,035 shares of the apparel retailer’s stock valued at $133,000 after buying an additional 63 shares in the last quarter. Glen Harbor Capital Management LLC boosted its stake 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 valued at $102,000 after buying an additional 154 shares in the last quarter. Ifrah Financial Services Inc. boosted its stake in shares of American Eagle Outfitters by 0.5% in the second quarter. Ifrah Financial Services Inc. now owns 34,282 shares of the apparel retailer’s stock valued at $413,000 after buying an additional 177 shares in the last quarter. Finally, Elkfork Partners LLC boosted its stake 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 valued at $129,000 after buying an additional 196 shares in the last quarter. Institutional investors own 83.91% 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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