Analysts at Wolfe Research lifted target price for shares of American Eagle Outfitters, Inc. (NYSE:AEO) but repeated their Peer Perform recommendation for the stock in their opinion released on December 12. The price target has been raised from $27 to $22. Telsey Advisory Group analysts again handed out a Outperform rating to AEO stock but they lifted target price for the shares in a flash note to investors on December 12. The price target has been raised from $32 to $24. Telsey Advisory Group, analysts launched coverage of AEO stock with a Outperform rating, according to their flash note to investors on December 12. Analysts at Deutsche Bank issued an upgrade from Hold to Buy for the stock, in a research note that dated back to November 26.
By watching the trading activity of corporate insiders, it will become easier to get a sense of American Eagle Outfitters, Inc. (NYSE:AEO)’s prospects. The earliest insider trade took place on 12/14/2018. Mclean Andrew J. parted with a total of 14.98 thousand shares of company at average share price of $18.26. The total for the sales was set at $273.61 thousand. After this transaction, the EVP & Chief Commercial Officer account balance stood at 14.98 thousand shares. The stock grew 17.14 percent since that insider sale. On 09/06/2018, Mcmillan Cary D, Director, sold 16.99 thousand shares at a price per share of $24.87. This removed 422.62 thousand shares from the insider’s fortune and the stock saw a -13.99 percent retreat in value since the news became public. This transaction left 0 thousand shares in the Director account. On 08/14/2018, Global Brand President-AE Kessler Charles F performed a sale transaction worth $280 thousand. This sale at $28 each has eliminated 10 thousand shares from the insider’s portfolio position. Meanwhile, shares have recorded -23.61 percent decrease since the transaction was reported. The insider now is left with 110.08 thousand shares remaining in the account. Keefer James H Jr, who performs the VP, Controller & CAO job, sold 5.6 thousand shares for $137.2 thousand. The disposal occurred on 07/10/2018 was priced at $24.5 per share. The share price plunged -12.69 percent since the reporting date. Keefer James H Jr now left with a stake of 4.72 thousand AEO stock worth $101.02 thousand after the insider selling.
American Eagle Outfitters, Inc. (AEO) is expected to jump by 11.27 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $29 price as 12-month high target. This represents a whopping 35.58 percent increase from where shares are trading today. The 12-month median price target assigned by the analysts stands at $25, which represents a return potential of 16.88 percent when compared to the closing price of the stock of $21.39 on Monday, February 11. The lowest price target for the stock is $16 — slightly more than -25.2 percent from AEO’s current share price.
The shares are currently floating around the first support level of $21.17. Below this, the next support is placed in the zone of $20.94. Till the time, the AEO stock trades above this level, bulls have nothing to fear. On momentum oscillators front, ‘RSI’ has touched 61.31 on daily chart, which may remain a cause for concern. If the price breaks below $20.94 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $21.58 mark may result into a pull-back move towards $21.76 level.
AEO shares accumulated 0.11 points or 0.52 percent on Monday to $21.39 with a light trade volume of 2.423 million shares. After opening the session at $21.32, the shares went as high as $21.54 and as low as $21.13, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $3.81 billion and now has 178.26 million shares outstanding. American Eagle Outfitters, Inc. (AEO) stock has gained 11.58 percent of market value in 21 trading days.
AEO stock has a trailing 3-year beta of 0.8, offering the possibility of a lower rate of return, but also posing less risk. The portion of a company’s profit allocated to each outstanding share of common stock was $1.58 a share in the trailing twelve months. The stock’s value has surged 10.66 percent year to date (YTD) against a rise of 22.51 percent in 12 month’s time. The company’s shares still trade -28.41 percent away from its 1-year high of $29.88 and 26.49 percent up from 52-week low of $16.91. The average consensus rating on the company is 2.3, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a sell.
Shares of American Eagle Outfitters, Inc. (AEO) are trading at a P/E ratio of 13.46 times earnings reported for the past 12 months. The industry AEO operates in has an average P/E of 28.75. Its P/E ratio went as low as 12.69X and as high as 31.71 over the 5-year span. Further, it is sporting a 0.95 on the Price-to-Sales ratio. Compare this with the industry average P/S of 1.66. 36.9 percent is the gross profit margin for American Eagle Outfitters, Inc. and operating margin sits at 8.8 percent. Along with this, the net profit margin is 7 percent.
AEO will be showing off its Q4 earnings on March 06. Analysts are forecasting revenue to climb 2.2 percent to $1.26B in the next fiscal quarter, while earnings are seen soaring by nearly -4.55 percent to $0.42 per share. History has shown that shares in American Eagle Outfitters, Inc. have gone down on 19 different earnings reaction days and are predicted to add 0.06 percent when the company reports upcoming earnings. In last reported earnings results, it earned $0.48 per share, in line with the $0.48, adjusted, expected by Thomson Reuters consensus estimate. Revenue was $1B, worse than the $1.02B analysts expected. Earnings are estimated to increase by -7.7 percent this year, 11.47 percent next year and continue to increase by 13.83 percent annually for the next 5 years.