Shares of American Eagle Outfitters (NYSE:AEO) have been assigned a consensus recommendation of “Hold” from the twenty-one research firms that are covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, eight have issued a hold recommendation, ten have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $18.06.
Several equities research analysts have recently weighed in on AEO shares. SunTrust Banks reiterated a “buy” rating and issued a $19.00 price target on shares of American Eagle Outfitters in a report on Thursday, December 7th. B. Riley increased their price target on American Eagle Outfitters from $15.00 to $18.00 and gave the stock a “buy” rating in a report on Thursday, December 7th. BMO Capital Markets set a $21.00 price target on American Eagle Outfitters and gave the stock a “buy” rating in a report on Tuesday, December 19th. ValuEngine upgraded American Eagle Outfitters from a “hold” rating to a “buy” rating in a report on Saturday, December 9th. Finally, Jefferies Group reiterated a “buy” rating and issued a $24.00 price target on shares of American Eagle Outfitters in a report on Friday, February 23rd.
Shares of American Eagle Outfitters (AEO) traded up $0.91 during mid-day trading on Friday, reaching $19.54. The company’s stock had a trading volume of 9,433,000 shares, compared to its average volume of 4,797,119. American Eagle Outfitters has a fifty-two week low of $10.23 and a fifty-two week high of $20.83. The stock has a market capitalization of $3,303.25, a P/E ratio of 17.14, a PEG ratio of 2.48 and a beta of 1.01.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 27th. Investors of record on Friday, April 13th will be paid a $0.1375 dividend. The ex-dividend date of this dividend is Thursday, April 12th. This represents a $0.55 annualized dividend and a yield of 2.81%. This is a boost from American Eagle Outfitters’s previous quarterly dividend of $0.13. American Eagle Outfitters’s dividend payout ratio is 43.86%.
A number of large investors have recently made changes to their positions in AEO. Nationwide Fund Advisors boosted its position in American Eagle Outfitters by 8.2% during the 3rd quarter. Nationwide Fund Advisors now owns 439,065 shares of the apparel retailer’s stock valued at $6,279,000 after acquiring an additional 33,414 shares in the last quarter. Crossmark Global Holdings Inc. bought a new stake in American Eagle Outfitters during the 3rd quarter valued at $230,000. Canada Pension Plan Investment Board boosted its position in American Eagle Outfitters by 13.8% during the 3rd quarter. Canada Pension Plan Investment Board now owns 462,400 shares of the apparel retailer’s stock valued at $6,612,000 after acquiring an additional 55,900 shares in the last quarter. Stevens Capital Management LP bought a new stake in American Eagle Outfitters during the 3rd quarter valued at $831,000. Finally, Principal Financial Group Inc. boosted its position in American Eagle Outfitters by 0.8% during the 3rd quarter. Principal Financial Group Inc. now owns 710,328 shares of the apparel retailer’s stock valued at $10,158,000 after acquiring an additional 5,802 shares in the last quarter. 84.81% of the stock is currently owned by institutional investors.
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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