American Eagle Outfitters (AEO) Cut to "Underperform" at Wolfe Research


The stock presently has a consensus rating of Hold and an average price target of $17.26. Price Target plays a critical role when it comes to the analysis of a Stock. Over the last three months, the shares of the company have changed 11.34% and performed 43.34% over the last six months. During the same quarter in the previous year, the business earned $0.22 EPS. Finally, Mizuho decreased their price objective on American Eagle Outfitters from $16.00 to $15.00 and set a neutral rating on the stock in a research note on Wednesday, March 1st.

Net income in the quarter soared 15.3% to $33.1 million or $1.06 per diluted share from $26.7 million or 84 cents in the same quarter a year ago.

Several other analysts have also recently issued reports on AEO.

American Eagle Outfitters, Inc (AEO Inc) is a multi-brand specialty retailer. Oppenheimer Holdings also issued estimates for American Eagle Outfitters' Q3 2018 earnings at $0.39 EPS, Q4 2018 earnings at $0.38 EPS and FY2018 earnings at $1.10 EPS.

The Stock now has a consensus recommendation of 2.80.

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Gold Fields Ltd. was covered by a number of analysts recently, 0 rated the stock as Buy, 1 rated Hold, 0 rated sell and 2 gave an Underperform. American Eagle Outfitters (NYSE:AEO) has risen 6.00% since April 19, 2017 and is uptrending. Analysts reported that the Price Target for American Eagle Outfitters, Inc. might touch $20 high while the Average Price Target and Low price Target is $16.21 and $12 respectively. Apparently the company is planning on closing 25-40 stores this year and traders were concerned.

Looking at the current price of the stock and the 52 week high and low, it suggests that the stock is likely to go Up in the future. The stock has a 50-day moving average price of $13.59 and a 200 day moving average price of $15.22.

Taking a broader look brokerage firms' analysts on the street with an expectant view have American Eagle Outfitters (NYSE:AEO) high price target of $20 and with a conservative view have low price target of $10. The company has a market capitalization of $2.44 billion, a price-to-earnings ratio of 11.27 and a beta of 0.66. Analysts have a mean recommendation of 2.60 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).

WARNING: This story was originally posted by Chaffey Breeze and is the property of of Chaffey Breeze. Glen Harbor Capital Management LLC raised its position in shares of American Eagle Outfitters by 2.2% in the first quarter. 4,542,467 shares of the stock traded hands. The correct version of this article can be accessed at If you are accessing this article on another website, it was copied illegally and republished in violation of United States and worldwide copyright and trademark laws. Glen Harbor Capital Management LLC now owns 7,238 shares of the apparel retailer's stock worth $102,000 after buying an additional 154 shares during the period. Stockholders of record on Friday, April 7th were issued a $0.125 dividend. American Eagle Outfitters's payout ratio is 39.06%. To measure price-variation, we found CRTO's volatility during a week at 3.29% and during a month it has been found around 3.35%. Comerica Bank raised its stake in shares of American Eagle Outfitters by 5.8% in the fourth quarter. First Citizens Bank & Trust Co. boosted its position in American Eagle Outfitters by 0.8% in the third quarter. On a daily basis over the past month, the average true range of the stock, as expressed in percentage terms, is 3.6%.

Investors seeking value in the stock market may be eyeing the Magic Formula Rank or MF Rank for American Eagle Outfitters, Inc. AEO Inc operates stores in the United States, Canada, Mexico, Hong Kong, China and the United Kingdom. Institutional investors and hedge funds own 78.05% of the company's stock.