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.

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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.

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