Jefferies Group Equities Analysts Boost Earnings Estimates for American Eagle Outfitters (AEO)

Lloyd Doyle
January 13, 2018

On Monday, November 13 the stock rating was maintained by RBC Capital Markets with "Buy". Based on an average trading volume of 7,339,271 shares, the short-interest ratio is now 1.8 days. Alder Biopharmaceuticals, Inc. (NASDAQ:ALDR), at its latest closing price of $15.20, it has a price-to-book ratio of 2.68, compared to an industry average at 25.26. (NYSE:AEO) on Thursday, May 19 with "Buy" rating. The company's outstanding shares are 179.17 Million. ValuEngine upgraded American Eagle Outfitters from a "hold" rating to a "buy" rating in a report on Saturday, December 9th. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell. American Eagle Outfitters now has an average rating of "Hold" and a consensus target price of $15.57. (NYSE:AEO) has been trading in a bullish manner, based on the relative positions of the stock's 20 and 200 day moving averages. The company's stock had a trading volume of 9,772,300 shares, compared to its average volume of 6,306,950. (NYSE:AEO) has a beta of 1.22, compared to a beta of 1 for the market, which implies that the stock's price movements are more extreme than the market as a whole. American Eagle Outfitters had 86 analyst reports since August 4, 2015 according to SRatingsIntel.

American Eagle Outfitters (NYSE:AEO) last issued its earnings results on Wednesday, December 6th. The apparel retailer reported $0.41 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.41. American Eagle Outfitters, Inc. dipped to as low as $16.9 throughout the day and has returned -7.55% in this year. (AEO) have shown a high EPS growth of 5.30% in the last 5 years and has earnings rose of 6.30% yoy. The business's quarterly revenue was up 2.1% on a year-over-year basis. analysts forecast that American Eagle Outfitters will post 1.16 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, December 29th. The firm has "Outperform" rating given on Thursday, December 1 by RBC Capital Markets. The firm's revenue was up 2.3% compared to the same quarter previous year. The original version of this news story can be read at https://www.equitiesfocus.com/2018/01/07/american-eagle-outfitters-aeo-shares-sold-by-california-state-teachers-retirement-system.html.


A number of hedge funds have recently added to or reduced their stakes in AEO. Investors who are keeping close eye on the stock of American Eagle Outfitters, Inc. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of American Eagle Outfitters by 9.3% during the 2nd quarter. Hedge funds and other institutional investors own 83.20% of the company's stock. Brands as Zacks Bull and ..." published on December 26, 2017 as well as Fool.com's news article titled: "Why American Eagle Outfitters Inc Soared 24% in 2017" with publication date: "January 09, 2018. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,533 shares of the apparel retailer's stock valued at $103,000 after acquiring an additional 729 shares during the period. Finally, Cubist Systematic Strategies LLC purchased a new position in shares of American Eagle Outfitters during the 3rd quarter worth approximately $160,000. Scout Investments Inc. now owns 1,059,574 shares of the apparel retailer's stock valued at $15,152,000 after purchasing an additional 57,927 shares in the last quarter.

Analysts await American Eagle Outfitters, Inc. Atlantic Trust Group LLC now owns 136,101 shares of the apparel retailer's stock worth $1,946,000 after purchasing an additional 14,491 shares in the last quarter. If you are viewing this news story on another domain, it was illegally stolen and reposted in violation of worldwide trademark and copyright legislation.

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