Aeropostale, Inc. (ARO) has been downgraded today from “buy” to “hold” by the research analysts at Stifel Nicolaus. ARO has reached a 12-month low today reaching $17.06 during intraday trading.
Aeropostale is slated to release their next earnings report on August 18, 2011 and is estimated to post EPS of 15 cents. Their last earnings report was released on May 19, 2011 and announced an EPS of 20 cents and revenue of 477.82 million which was up 1.2 % over the previous year. Aeropostale is currently trading below its 50 & 200-day moving averages and 2011 has overall been bearish for the company.
Aeropostale, Inc. (ARO) is a primarily mall-based, specialty retailer of casual apparel and accessories, principally targeting 14 to 17 year-old young women and men through its Aeropostale stores and 7 to 12 year-old kids through its P.S. from Aeropostale stores. The company has market capitalization of $1,480,000,000 and 80,723,000 shares outstanding. ARO has a 52-week high of 31.31 with the low being $17.06.