American Eagle Outfitters (NYSE:AEO) Given a $26.00 Price Target by UBS Group Analysts

Share on StockTwits

UBS Group set a $26.00 price target on American Eagle Outfitters (NYSE:AEO) in a research note released on Wednesday, TipRanks reports. The brokerage currently has a buy rating on the apparel retailer’s stock.

Other equities research analysts also recently issued research reports about the stock. Wedbush downgraded shares of American Eagle Outfitters from an outperform rating to a neutral rating in a research note on Thursday, May 9th. Zacks Investment Research cut shares of American Eagle Outfitters from a hold rating to a sell rating in a report on Tuesday, May 7th. ValuEngine lowered shares of American Eagle Outfitters from a hold rating to a sell rating in a research report on Tuesday. Royal Bank of Canada lowered shares of American Eagle Outfitters from an outperform rating to a sector perform rating and set a $24.00 price target for the company. in a research report on Thursday, May 9th. They noted that the move was a valuation call. Finally, Jefferies Financial Group set a $28.00 price objective on shares of American Eagle Outfitters and gave the stock a buy rating in a research note on Thursday, March 7th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the stock. American Eagle Outfitters has an average rating of Hold and a consensus target price of $23.73.

Shares of American Eagle Outfitters stock opened at $17.29 on Wednesday. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.46 and a quick ratio of 0.76. The stock has a market capitalization of $2.94 billion, a price-to-earnings ratio of 11.68, a PEG ratio of 1.58 and a beta of 1.07. American Eagle Outfitters has a 52-week low of $16.31 and a 52-week high of $29.88.

American Eagle Outfitters (NYSE:AEO) last released its quarterly earnings data on Wednesday, June 5th. The apparel retailer reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.03. The firm had revenue of $886.29 million during the quarter, compared to analysts’ expectations of $855.55 million. American Eagle Outfitters had a net margin of 6.41% and a return on equity of 20.80%. The firm’s quarterly revenue was up 7.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.23 earnings per share. As a group, research analysts predict that American Eagle Outfitters will post 1.58 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 26th. Shareholders of record on Friday, July 12th will be paid a $0.1375 dividend. This represents a $0.55 dividend on an annualized basis and a yield of 3.18%. The ex-dividend date is Thursday, July 11th. American Eagle Outfitters’s dividend payout ratio is currently 37.16%.

In other American Eagle Outfitters news, insider Charles F. Kessler sold 3,573 shares of the stock in a transaction on Wednesday, April 24th. The stock was sold at an average price of $23.00, for a total value of $82,179.00. Following the completion of the transaction, the insider now owns 132,618 shares in the company, valued at $3,050,214. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Jennifer M. Foyle sold 117,051 shares of the stock in a transaction on Monday, May 6th. The stock was sold at an average price of $23.53, for a total value of $2,754,210.03. Following the completion of the transaction, the insider now owns 144,228 shares of the company’s stock, valued at approximately $3,393,684.84. The disclosure for this sale can be found here. In the last quarter, insiders sold 135,820 shares of company stock valued at $3,151,706. 6.30% of the stock is owned by company insiders.

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc boosted its stake in shares of American Eagle Outfitters by 9.8% during the third quarter. Vanguard Group Inc now owns 17,117,791 shares of the apparel retailer’s stock valued at $425,035,000 after acquiring an additional 1,521,279 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of American Eagle Outfitters by 1.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 7,664,664 shares of the apparel retailer’s stock valued at $169,924,000 after buying an additional 136,378 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of American Eagle Outfitters by 1.5% during the 4th quarter. Bank of New York Mellon Corp now owns 4,925,356 shares of the apparel retailer’s stock valued at $95,206,000 after buying an additional 71,185 shares during the period. Goldman Sachs Group Inc. raised its holdings in shares of American Eagle Outfitters by 12.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 3,651,770 shares of the apparel retailer’s stock valued at $80,960,000 after buying an additional 410,032 shares during the period. Finally, Northern Trust Corp raised its holdings in shares of American Eagle Outfitters by 5.0% during the 1st quarter. Northern Trust Corp now owns 3,322,602 shares of the apparel retailer’s stock valued at $73,663,000 after buying an additional 157,561 shares during the period. 90.93% of the stock is currently owned by institutional investors and hedge funds.

American Eagle Outfitters Company Profile

American Eagle Outfitters, Inc operates as a specialty retailer that provides clothing, accessories, and personal care products under the American Eagle and Aerie brands. The company also provides jeans, and other apparel and accessories for men and women; and intimates, activewear, and swim collections, as well as personal care products for women.

Recommended Story: What are no-load funds?

Analyst Recommendations for American Eagle Outfitters (NYSE:AEO)

Receive News & Ratings for American Eagle Outfitters Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Eagle Outfitters and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Alliance Data Systems Co.  Receives Average Rating of “Hold” from Brokerages
Alliance Data Systems Co. Receives Average Rating of “Hold” from Brokerages
Host Hotels and Resorts Inc  Receives Consensus Recommendation of “Buy” from Analysts
Host Hotels and Resorts Inc Receives Consensus Recommendation of “Buy” from Analysts
Weir Group PLC  Given Consensus Rating of “Buy” by Analysts
Weir Group PLC Given Consensus Rating of “Buy” by Analysts
ViaSat, Inc.  Receives $96.99 Average Target Price from Analysts
ViaSat, Inc. Receives $96.99 Average Target Price from Analysts
Carrefour SA  Given Consensus Rating of “Hold” by Brokerages
Carrefour SA Given Consensus Rating of “Hold” by Brokerages
RTL Group S.A.  Receives €53.23 Consensus Target Price from Analysts
RTL Group S.A. Receives €53.23 Consensus Target Price from Analysts


© 2006-2019 Ticker Report