American Eagle Outfitters (NYSE:AEO) shares traded 0.22% up during most recent session to reach at the closing price of $22.62. The stock exchanged hands 2.73 Million shares versus average trading capacity of 4.38 Million shares, yielding a market cap of $3.97 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $25.67 within the next 52-weeks. The mean target projections are based on 15 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have American Eagle Outfitters (NYSE:AEO) high price target of $34 and with a conservative view have low price target of $17.
Citigroup “Upgrades” American Eagle Outfitters (NYSE:AEO) in a research note issued to investors on 10/19/18 to Buy with price target of $27.
Additionally on 10/15/18 Wedbush “Upgrades” American Eagle Outfitters (NYSE:AEO) to Outperform setting price target at $29 and on 8/30/18 Bank of America “Maintained” the stock to Neutral at $27. Furthermore on 8/30/18 UBS “Maintained” the stock to Buy at $34.
On the other hand the company has Relative Strength Index (RSI 14) of 49.51 along with Average True Range (ATR 14) of 0.87, Consequently American Eagle Outfitters (NYSE:AEO)’s weekly and monthly volatility is 3.58%, 3.74% respectively. The company’s beta value is at 0.78.
In terms of Buy, Sell or Hold recommendations, American Eagle Outfitters (NYSE:AEO) has analysts’ mean recommendation of 2.4. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts American Eagle Outfitters (NYSE:AEO)’s minimum EPS for the current quarter is at $0.45 and can go high up to $0.52. The consensus mean EPS for the current quarter is at $0.48 derived from a total of 16 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.37 earnings per share for the same quarter during last year.
Previously American Eagle Outfitters (NYSE:AEO) reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.03. The company posted an earnings surprise of 9.7%.
American Eagle Outfitters (NYSE:AEO)’s revenue estimates for the current quarter are $1.02 Billion according to 14 number of analysts, for the current quarter the company has high revenue estimates of $1.09 Billion in contradiction of low revenue estimates of $996.66 Million. For the current year the company’s revenue estimates are $4.04 Billion compared to low analyst estimates of $3.98 Billion and high estimates of $4.15 Billion according to 16 number of analysts.
Currently American Eagle Outfitters (NYSE:AEO)’s shares owned by insiders are 0.8%, whereas shares owned by institutional owners are 93.3%. However the six-month change in the insider ownership was recorded -72.82%, as well as three-month change in the institutional ownership was recorded 2.14%.
American Eagle Outfitters (NYSE:AEO)’s trailing twelve month revenues are $3.98 Billion, whereas its price to sales ratio for the same period is 1. Its book value per share for the most recent quarter is $7.11 while its price to book ratio for the same period is 3.18, as for as the company’s cash per share for the most recent quarter is $2.07, however its price to cash per share ratio for the same period is 10.93. The stock has 5 year expected PEG ratio of 1.24 whereas its trailing twelve month P/E ratio is 16.26.