American Eagle Outfitters (NYSE:AEO) issued an update on its fourth quarter earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $0.42-0.44 for the period, compared to the Thomson Reuters consensus estimate of $0.39.

American Eagle Outfitters (AEO) opened at $16.11 on Wednesday. The company has a market capitalization of $2,885.90, a price-to-earnings ratio of 14.17, a price-to-earnings-growth ratio of 1.65 and a beta of 1.19. American Eagle Outfitters has a fifty-two week low of $10.23 and a fifty-two week high of $18.49.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 15th will be issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 3.10%. American Eagle Outfitters’s payout ratio is currently 51.55%.

Several research analysts have commented on AEO shares. Royal Bank Of Canada set a $14.00 price objective on American Eagle Outfitters and gave the stock a buy rating in a report on Tuesday, August 29th. SunTrust Banks set a $15.00 price objective on American Eagle Outfitters and gave the stock a buy rating in a report on Thursday, August 24th. Cowen set a $14.00 price target on American Eagle Outfitters and gave the company a buy rating in a report on Wednesday, August 23rd. BMO Capital Markets set a $15.00 price target on American Eagle Outfitters and gave the company a buy rating in a report on Tuesday, August 8th. Finally, FBR & Co upgraded American Eagle Outfitters from a neutral rating to a buy rating and set a $13.00 price target on the stock in a report on Tuesday, August 15th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and eleven have assigned a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average price target of $14.31.

In other news, insider Jennifer M. Foyle sold 13,500 shares of the firm’s stock in a transaction on Wednesday, September 27th. The stock was sold at an average price of $14.22, for a total value of $191,970.00. Following the completion of the sale, the insider now owns 27,531 shares of the company’s stock, valued at approximately $391,490.82. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 5.90% of the stock is owned by company insiders.

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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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