Weekly Investment Analysts’ Ratings Changes for American Eagle Outfitters (AEO)

American Eagle Outfitters (NYSE: AEO) has recently received a number of price target changes and ratings updates:

• 12/13/2024 – American Eagle Outfitters is now covered by analysts at Raymond James. They set a “market perform” rating on the stock.
• 12/6/2024 – American Eagle Outfitters had its price target lowered by analysts at Barclays PLC from $26.00 to $22.00. They now have an “overweight” rating on the stock.
• 12/5/2024 – American Eagle Outfitters had its price target lowered by analysts at Bank of America Co. from $25.00 to $21.00. They now have a “neutral” rating on the stock.
• 12/5/2024 – American Eagle Outfitters had its price target lowered by analysts at BMO Capital Markets from $22.00 to $20.00. They now have a “market perform” rating on the stock.
• 12/5/2024 – American Eagle Outfitters had its price target lowered by analysts at Telsey Advisory Group from $23.00 to $20.00. They now have a “market perform” rating on the stock.
• 12/5/2024 – American Eagle Outfitters had its price target lowered by analysts at UBS Group AG from $34.00 to $32.00. They now have a “buy” rating on the stock.
• 12/4/2024 – American Eagle Outfitters had its “neutral” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a $23.00 price target on the stock, down previously from $27.00.
• 11/27/2024 – American Eagle Outfitters had its “market perform” rating reaffirmed by analysts at Telsey Advisory Group. They now have a $23.00 price target on the stock.
• 11/12/2024 – American Eagle Outfitters had its price target lowered by analysts at Jefferies Financial Group Inc. from $22.00 to $19.00. They now have a “hold” rating on the stock.

American Eagle Outfitters Price Performance

American Eagle Outfitters stock traded up $0.33 during mid-day trading on Friday, reaching $16.69. The company had a trading volume of 9,915,507 shares, compared to its average volume of 4,716,323. The stock’s 50-day simple moving average is $18.85 and its 200-day simple moving average is $20.07. The company has a market capitalization of $3.21 billion, a P/E ratio of 14.27, a P/E/G ratio of 1.12 and a beta of 1.51. American Eagle Outfitters, Inc. has a 1 year low of $16.20 and a 1 year high of $26.44.

American Eagle Outfitters (NYSE:AEO) last announced its quarterly earnings results on Wednesday, December 4th. The apparel retailer reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.02. American Eagle Outfitters had a return on equity of 20.75% and a net margin of 4.28%. The business had revenue of $1.29 billion during the quarter, compared to analysts’ expectations of $1.30 billion. During the same quarter last year, the business posted $0.49 earnings per share. The business’s revenue for the quarter was down .9% on a year-over-year basis. On average, equities analysts forecast that American Eagle Outfitters, Inc. will post 1.69 EPS for the current fiscal year.

American Eagle Outfitters Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 24th. Investors of record on Friday, January 10th will be given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 3.00%. The ex-dividend date of this dividend is Friday, January 10th. American Eagle Outfitters’s dividend payout ratio is presently 42.74%.

Insider Activity

In other news, insider Jennifer M. Foyle sold 30,000 shares of the stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $21.79, for a total transaction of $653,700.00. Following the transaction, the insider now directly owns 200,427 shares in the company, valued at $4,367,304.33. This represents a 13.02 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director David M. Sable sold 18,420 shares of the business’s stock in a transaction on Friday, September 27th. The shares were sold at an average price of $22.04, for a total transaction of $405,976.80. Following the sale, the director now directly owns 39,356 shares of the company’s stock, valued at $867,406.24. This represents a 31.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 50,703 shares of company stock valued at $1,108,738 over the last 90 days. Insiders own 7.30% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Kathleen S. Wright Associates Inc. acquired a new position in shares of American Eagle Outfitters during the third quarter worth about $32,000. Advisors Asset Management Inc. lifted its holdings in American Eagle Outfitters by 171.1% in the 3rd quarter. Advisors Asset Management Inc. now owns 2,548 shares of the apparel retailer’s stock worth $57,000 after buying an additional 1,608 shares in the last quarter. Innealta Capital LLC purchased a new position in American Eagle Outfitters in the 2nd quarter valued at about $78,000. nVerses Capital LLC acquired a new stake in shares of American Eagle Outfitters during the second quarter valued at about $108,000. Finally, Picton Mahoney Asset Management purchased a new stake in shares of American Eagle Outfitters during the second quarter worth about $140,000. 97.33% of the stock is owned by institutional investors and hedge funds.

American Eagle Outfitters, Inc operates as a multi-brand specialty retailer in the United States and internationally. The company provides jeans, apparel and accessories, and personal care products for women and men under the American Eagle brand; and intimates, apparel, activewear, and swim collections under the Aerie and OFFLINE by Aerie brands.