Are Analysts Bullish about American Eagle Outfitters (NYSE:AEO) after last week?

BlackRock Inc. boosted its position in shares of American Eagle Outfitters by 8,781.1% in the first quarter. Quantum Capital Management acquired a new position in American Eagle Outfitters during the first quarter worth approximately $222,000. Elkfork Partners LLC now owns 9,212 shares of the apparel retailer's stock valued at $129,000 after buying an additional 196 shares in the last quarter. Now Rowan Companies plc $16.91 target price is just $6.09 shy of the official lowest sell-side analyst price target on Wall Street. Royce & Associates LP now owns 4,708,311 shares of the apparel retailer's stock valued at $71,425,000 after buying an additional 962,799 shares during the period. Hamlin Capital Management LLC boosted its position in shares of American Eagle Outfitters by 221.5% in the first quarter. Finally, Verity Asset Management Inc. bought a new stake in American Eagle Outfitters during the first quarter valued at about $152,000. Parkwood LLC now owns 17,737 shares of the apparel retailer's stock worth $249,000 after buying an additional 3,727 shares during the last quarter.

Shares of American Eagle Outfitters (NYSE:AEO) traded down 3.36% during mid-day trading on Wednesday, reaching $11.23.

The Stock had a 2.28 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 2.17 and 2.17 respectively. The company's 50 day moving average price is $12.92 and its 200 day moving average price is $14.79. The company has market cap of $1.96 billion. The consensus analysts recommendation at this point stands at 2.80 for American Eagle Outfitters, Inc.

American Eagle Outfitters (NYSE:AEO) last released its quarterly earnings results on Wednesday, May 17th. The apparel retailer reported $0.16 EPS for the quarter, missing the consensus estimate of $0.17 by $0.01. The company had revenue of $761.80 million during the quarter, compared to analyst estimates of $741.76 million. It seems that American Eagle Outfitters, Inc. The business's revenue was up 1.7% on a year-over-year basis. For the next financial year, analysts anticipate that the business will report earnings of $1.17 per share, with EPS estimates ranging from $0.96 to $1.30.

According to Zacks, analysts expect that American Eagle Outfitters will report full year earnings of $1.13 per share for the current year, with EPS estimates ranging from $1.05 to $1.25.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 21st. Moreover, Sfe Investment Counsel has 0.95% invested in the company for 37,570 shares.

While taking a look at financials, we can look at a number of key indicators about American Eagle Outfitters, Inc.

TRADEMARK VIOLATION NOTICE: This piece was first posted by Community Financial News and is the sole property of of Community Financial News. If you are reading this piece of content on another domain, it was copied illegally and republished in violation of worldwide trademark & copyright laws.

Several equities research analysts recently weighed in on AEO shares. SunTrust Banks, Inc. reissued a "buy" rating on shares of American Eagle Outfitters in a research note on Saturday, April 1st. BMO Capital Markets reduced their price target on shares of American Eagle Outfitters from $21.00 to $18.00 and set an "outperform" rating on the stock in a research report on Thursday, March 2nd. Bank of America Corp set a $12.00 target price on shares of American Eagle Outfitters and gave the company a "hold" rating in a research report on Friday, May 19th. Jefferies Group LLC set a $19.00 target price on shares of American Eagle Outfitters and gave the company a buy rating in a research report on Wednesday, May 10th. Finally, Wolfe Research cut shares of American Eagle Outfitters from a "peer perform" rating to an "underperform" rating in a research report on Tuesday, May 9th.

Recommended News

  • Analyzing with technical analysis: Boston Scientific (BSX), Twenty-First Century Fox (FOXA)

    Analyzing with technical analysis: Boston Scientific (BSX), Twenty-First Century Fox (FOXA)

    State of Wisconsin Investment Board raised its stake in shares of Twenty-First Century Fox by 35.0% in the first quarter. Dodge & Cox bought a new stake in shares of Twenty-First Century Fox during the fourth quarter valued at $1,932,490,000.
    White Bread Is 'Just As Healthy As Brown'

    White Bread Is 'Just As Healthy As Brown'

    Until now the nutritional value associated with food was much focused on one-size-fits-all diets and it did not consider science. Everyone has a different health profile that may be influenced by several factors, such as genetics and family history.

    Germany urges steps to defuse crisis in Gulf region

    Saudi Arabia's central bank advised banks in the kingdom not to trade with Qatari banks in Qatari riyals, banking sources said. It's important that the Gulf be united for peace and security in the region", the senior official told Reuters.
  • Tillerson: China Should Put More Pressure on N. Korea

    Tillerson: China Should Put More Pressure on N. Korea

    Under former President Barack Obama, the USA military passed vessels through the sea more often, Beijing's anger notwithstanding. Pacific commander is like a pro-consul of old, with vast delegated authority and responsibility across 36 nations.
    Police Identify 2 Suspected London Attackers

    Police Identify 2 Suspected London Attackers

    During that time , police numbers have dropped by roughly 20,000 officers, and the number of armed officers has fallen as well. Police Scotland also issued a warning about hate crime to those considering targeting any communities over concerns.
    India condemns Iran terror attacks

    India condemns Iran terror attacks

    One of the attackers at the parliament was arrested, added the news agency and another blew himself up with a suicide vest. Attacks of this kind are a rarity in the heart of Iran's capital, where security forces are deployed at prominent sites.
  • Hecla Mining Company (HL) Earns Daily Media Impact Score of 0.23

    TRADEMARK VIOLATION NOTICE: This report was first posted by Sports Perspectives and is owned by of Sports Perspectives. Hecla Mining Company (NYSE:HL) has a market cap of $2.34 billion and over the last 12 months, HL has risen by 32.74%.
    Jobless Rate Hits Lowest in 16 Years; Hiring Slows

    Jobless Rate Hits Lowest in 16 Years; Hiring Slows

    From over past 12 months, the job gains for the month of May marked a sharp deceleration from the 181,000 monthly averages. Still, from a year earlier wages rose 2.5 percent, the same annual rate they have been stuck near since late 2015.
    Final push for votes in Britain's turbulent election campaign

    Final push for votes in Britain's turbulent election campaign

    He said after Saturday's attack that a Labour government would give police and security services "the resources they need". Supporters see him as a refreshingly authentic alternative to the pro-business, budget-cutting Conservatives.
  • Apple introduces watchOS 4 at WWDC with new Siri-powered watch face

    New APIs will be available to developers, including native core Bluetooth, so they can create new apps using all the new features. One of the new features will be a Siri-powered watch face with "proactive" information that changes using Siri's intelligence.

    Fastenal Company (FAST) Analysts See $0.49 EPS

    Cibc Asset Management reported 34,420 shares. 01/18/2017 - Fastenal Company was downgraded to "sell" by analysts at CFRA Research. HK share have plunged by -34.05% in percentage terms since the start of the year - and retreated -5.08% in the last month.

    Comey to Congress: Trump told him 'I need loyalty'

    Stocks broke into positive territory this afternoon after the prepared statement of former FBI Director James Comey was released. Burr, and will field questions pertaining to his conversations with President Trump in the lead-up to his firing in May .

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.