American Eagle Outfitters (NYSE:AEO)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $17.15, but opened at $17.51. American Eagle Outfitters shares last traded at $18.18, with a volume of 5305015 shares traded.

A number of equities analysts have weighed in on AEO shares. Zacks Investment Research lowered American Eagle Outfitters from a “buy” rating to a “hold” rating in a research note on Tuesday, November 7th. B. Riley lifted their price objective on American Eagle Outfitters from $15.00 to $18.00 and gave the company a “buy” rating in a research note on Thursday, December 7th. Cowen reiterated an “outperform” rating and set a $16.00 price objective (up previously from $14.00) on shares of American Eagle Outfitters in a research note on Monday, October 2nd. BMO Capital Markets set a $21.00 price objective on American Eagle Outfitters and gave the company a “buy” rating in a research note on Tuesday, December 19th. Finally, ValuEngine upgraded American Eagle Outfitters from a “hold” rating to a “buy” rating in a research note on Saturday, December 9th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and twelve have given a buy rating to the stock. American Eagle Outfitters has a consensus rating of “Hold” and a consensus target price of $15.74.

The stock has a market cap of $3,220.00, a P/E ratio of 19.98, a price-to-earnings-growth ratio of 2.09 and a beta of 1.18.

American Eagle Outfitters (NYSE:AEO) last announced its quarterly earnings results on Wednesday, December 6th. The apparel retailer reported $0.37 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.39 by ($0.02). American Eagle Outfitters had a net margin of 4.50% and a return on equity of 17.42%. The business had revenue of $960.00 million during the quarter, compared to analysts’ expectations of $960.86 million. During the same quarter in the prior year, the firm earned $0.41 EPS. American Eagle Outfitters’s revenue for the quarter was up 2.1% on a year-over-year basis. research analysts predict that American Eagle Outfitters will post 1.15 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Friday, December 15th were paid a $0.125 dividend. The ex-dividend date was Thursday, December 14th. This represents a $0.50 annualized dividend and a dividend yield of 2.75%. American Eagle Outfitters’s dividend payout ratio is presently 54.95%.

Several institutional investors have recently made changes to their positions in AEO. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of American Eagle Outfitters by 9.3% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,533 shares of the apparel retailer’s stock valued at $103,000 after purchasing an additional 729 shares in the last quarter. Sterling Capital Management LLC purchased a new position in shares of American Eagle Outfitters in the 2nd quarter valued at about $128,000. CIBC World Markets Inc. increased its stake in shares of American Eagle Outfitters by 0.6% in the 2nd quarter. CIBC World Markets Inc. now owns 11,035 shares of the apparel retailer’s stock valued at $133,000 after purchasing an additional 63 shares in the last quarter. Riverhead Capital Management LLC increased its stake in shares of American Eagle Outfitters by 91.1% in the 2nd quarter. Riverhead Capital Management LLC now owns 11,082 shares of the apparel retailer’s stock valued at $134,000 after purchasing an additional 5,282 shares in the last quarter. Finally, Shelton Capital Management purchased a new position in shares of American Eagle Outfitters in the 2nd quarter valued at about $154,000. Hedge funds and other institutional investors own 83.20% of the company’s stock.

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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.

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