Shares of American Eagle Outfitters, Inc. (NYSE:AEO) have received an average recommendation of “Hold” from the twenty-five brokerages that are covering the stock, Marketbeat.com reports. Four investment analysts have rated the stock with a sell rating, eleven have given a hold rating and ten have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $14.58.

Several equities research analysts have commented on the company. BMO Capital Markets restated a “buy” rating and issued a $15.00 price objective on shares of American Eagle Outfitters in a research report on Wednesday, September 13th. 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 Sunday, September 10th. FBR & Co reiterated a “buy” rating and set a $15.00 target price (up previously from $13.00) on shares of American Eagle Outfitters in a research report on Tuesday, September 5th. ValuEngine lowered American Eagle Outfitters from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Finally, Royal Bank Of Canada set a $14.00 target price on American Eagle Outfitters and gave the company a “buy” rating in a research report on Tuesday, August 29th.

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Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Capstone Asset Management Co. grew its holdings in shares of American Eagle Outfitters by 0.4% during the 1st quarter. Capstone Asset Management Co. now owns 15,667 shares of the apparel retailer’s stock worth $220,000 after purchasing an additional 60 shares during the period. CIBC World Markets Inc. grew its holdings in shares of American Eagle Outfitters by 0.6% during the 2nd quarter. CIBC World Markets Inc. now owns 11,035 shares of the apparel retailer’s stock worth $133,000 after purchasing an additional 63 shares during the period. Glen Harbor Capital Management LLC grew its holdings in shares of American Eagle Outfitters by 2.2% during the 1st quarter. Glen Harbor Capital Management LLC now owns 7,238 shares of the apparel retailer’s stock worth $102,000 after purchasing an additional 154 shares during the period. Ifrah Financial Services Inc. grew its holdings in shares of American Eagle Outfitters by 0.5% during the 2nd quarter. Ifrah Financial Services Inc. now owns 34,282 shares of the apparel retailer’s stock worth $413,000 after purchasing an additional 177 shares during the period. Finally, Elkfork Partners LLC grew its holdings in shares of American Eagle Outfitters by 2.2% during the 1st quarter. Elkfork Partners LLC now owns 9,212 shares of the apparel retailer’s stock worth $129,000 after purchasing an additional 196 shares during the period. Institutional investors and hedge funds own 83.87% of the company’s stock.

American Eagle Outfitters (NYSE AEO) traded up 1.19% during midday trading on Friday, reaching $13.61. 1,481,499 shares of the company’s stock were exchanged. American Eagle Outfitters has a 52 week low of $10.23 and a 52 week high of $19.00. The firm has a market capitalization of $2.41 billion, a price-to-earnings ratio of 13.97 and a beta of 1.07. The firm’s 50 day moving average is $12.05 and its 200 day moving average is $12.58.

American Eagle Outfitters (NYSE:AEO) last released its quarterly earnings data on Wednesday, August 23rd. The apparel retailer reported $0.19 EPS for the quarter, topping the Thomson Reuters’ consensus estimate 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 business had revenue of $845.00 million for the quarter, compared to analyst estimates of $823.84 million. During the same quarter in the prior year, the firm posted $0.23 EPS. The business’s quarterly revenue was up 2.7% compared to the same quarter last year. On average, equities analysts anticipate that American Eagle Outfitters will post $1.13 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 20th. Stockholders of record on Friday, October 6th will be issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.72%. The ex-dividend date is Thursday, October 5th. American Eagle Outfitters’s dividend payout ratio is presently 51.55%.

About American Eagle Outfitters

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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