American Eagle Outfitters (AEO) Releases Q4 Earnings Guidance
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%.
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.
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.
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