American Eagle Outfitters (NYSE:AEO), Container Store Group Inc (NYSE:TCS)

20 May, 2017, 02:17 | Author: Alicia Barber

They set a "neutral" rating and a $16.00 price target on the stock.

A number of other brokerages have also weighed in on AEO. Wolfe Research downgraded American Eagle Outfitters from an outperform rating to a market perform rating in a research note on Tuesday, January 31st. FBR & Co set a $28.00 price objective on Urban Outfitters and gave the company a "hold" rating in a research report on Wednesday, March 8th. Goldman Sachs Group Inc reissued a "sell" rating on shares of American Eagle Outfitters in a report on Sunday, February 5th. According to these analysts, the Low Revenue Estimate for American Eagle Outfitters, Inc.is 729 Million and the High Revenue Estimate is 763.3 Million. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and eleven have assigned a buy rating to the company. At recent closing price of $10.88, AEO has a chance to add $5.07 or 46.6% in 52 weeks, based on mean target price ($15.95) placed by analysts.The analyst consensus opinion of 2.8 looks like a hold.

In recent action, American Eagle Outfitters, Inc.

Net income in the quarter rose 1.7% to $8.89 million from $8.74 million and diluted earnings per share were flat at 60 cents compared to the same period a year ago. Company's distance from 20 day simple moving average is -21.00% and distance from 50-Day simple moving average is -21.11%. A beta of 1 indicates that the stock price moves with the market. During the year the lowest point at which share traded is $10.91 and hit the highest point at $19.55.

American Eagle Outfitters (NYSE:AEO) last released its quarterly earnings data on Wednesday, May 17th.

2 analysts on average are expecting Gold Fields Ltd.to report earnings of $0.13 per share for the current quarter. The firm's revenue was up 1.7% compared to the same quarter a year ago. American Eagle Outfitters (NYSE:AEO) has risen 6.00% since April 19, 2017 and is uptrending. Market Cap is also the figure use to determine company's size, as opposed to using sales or total asset figures.

Net income in the quarter soared 7.7% to $681 million or $1.23 per diluted share from $632 million or $1.05 in the same quarter previous year.

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-16.10%. For the last six months, the stock has performed -39.01%. Stockholders of record on Friday, April 7th were paid a dividend of $0.125 per share. American Eagle Outfitters's payout ratio is now 39.06%.

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Several hedge funds and other institutional investors have recently modified their holdings of the company.

American Eagle Outfitters, Inc. closed its last trading session at $12.96 with the loss of -14.74%. Comparatively, GFI posted earnings of $0.25 per share in the same quarter, a year earlier. The stock exchanged hands with 13.51 million shares contrast to its average daily volume of 5.32 million shares. Bank of New York Mellon Corp increased its stake in American Eagle Outfitters by 6.3% in the first quarter. Royce & Associates LP now owns 4,708,311 shares of the apparel retailer's stock worth $71,425,000 after buying an additional 962,799 shares during the last quarter. Glen Harbor Capital Management LLC now owns 7,238 shares of the apparel retailer's stock valued at $102,000 after buying an additional 154 shares in the last quarter. FNY Managed Accounts LLC acquired a new position in shares of American Eagle Outfitters during the first quarter worth about $147,000.

Investors seeking value in the stock market may be eyeing the Magic Formula Rank or MF Rank for American Eagle Outfitters, Inc.

Urban Outfitters, Inc is a lifestyle specialty retail company.

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