Sometimes it may seem like it, but analysts don't just pull their price targets out of thin air.
The bad news is analysts don't believe there's a room for the share price to move in the upward direction. Royal Bank of Canada reissued a buy rating and issued a $17.00 target price on shares of American Eagle Outfitters in a report on Friday, May 12th. The average 1-year price target for American Eagle Outfitters, Inc. Jefferies Group LLC set a $19.00 target price on shares of American Eagle Outfitters and gave the stock a buy rating in a report on Wednesday, May 10th. Mizuho reduced their target price on shares of American Eagle Outfitters from $16.00 to $15.00 and set a "neutral" rating for the company in a research report on Wednesday, March 1st. The share price is now down -19.80% for the past three months. (AEO) is $13.38/share according to the consensus of analysts working on the stock, with an expected EPS of $0.16/share for the current quarter. They now have a $15.00 price target on the apparel retailer's stock, down from their previous price target of $19.00.
American Eagle Outfitters Company Profile American Eagle Outfitters, Inc (AEO Inc) is a multi-brand specialty retailer. The stock traded at a volume of 6.07 million shares. American Eagle Outfitters, Inc.is now trading -9.09% below its 20-day and -27.48% versus the 200-day simple moving averages while -13.67% compared with its 50-day simple moving average. The company has a market cap of $2.04 billion, a P/E ratio of 10.64 and a beta of 0.91. The stock is above its 52-week low with 10.04% and is in the wake of its 52-week high with -40.56%. Finally, B. Riley reissued a neutral rating and issued a $12.50 target price on shares of American Eagle Outfitters in a research report on Thursday, May 18th. Comerica Bank now owns 129,811 shares of the apparel retailer's stock valued at $1,974,000 after buying an additional 7,170 shares in the last quarter. American Eagle Outfitters had a return on equity of 21.77% and a net margin of 6.62%. The company had revenue of $761.80 million during the quarter, compared to the consensus estimate of $741.76 million. However the company reported $0.23 earnings per share for the same quarter during past year. Likewise, the downbeat performance for the last quarter was -22.84% and for the full year it was -25.70%.
Among 8 analysts covering Gaslog Partners LP (NYSE:GLOP), 5 have Buy rating, 0 Sell and 3 Hold.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 21st. Stockholders of record on Friday, July 7th will be issued a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 4.45%.
On 12/6/2016 American Eagle Outfitters announced a quarterly dividend of $0.13 2.82% with an ex dividend date of 12/14/2016 which will be payable on 12/30/2016. American Eagle Outfitters's payout ratio is 39.06%. Typically, they estimate what the company's earnings and cash flow will be for the next couple of years, and then apply a ratio - such as a price-to-earnings ratio - to those estimates to determine what the future stock price should theoretically be. Bessemer Group Inc. raised its position in shares of American Eagle Outfitters by 0.3% in the fourth quarter. Integral Derivatives Llc sold 119,146 shares as Aeo (AEO)'s stock declined 29.04%. FNY Managed Accounts LLC purchased a new stake in shares of American Eagle Outfitters during the first quarter valued at $147,000.
The relative strength index or RSI highlights overbought (above 70) and oversold (below 30) areas. Finally, State Treasurer State of MI raised its position in shares of American Eagle Outfitters by 0.9% in the first quarter. The company was upgraded on Monday, October 10 by BMO Capital Markets.
WARNING: This piece was posted by Chaffey Breeze and is the property of of Chaffey Breeze. The Company offers a range of apparel and accessories for men and women under the American Eagle Outfitters Brand (AEO Brand), and intimates, apparel and personal care products for women under the Aerie brand.