American Eagle Outfitters Inc. (NYSE:AEO) traded down 1.9% during trading on Thursday . The stock traded as low as $18.15 and last traded at $18.18, with a volume of 1,758,431 shares traded. The stock had previously closed at $18.54.

Several equities research analysts have recently weighed in on AEO shares. Mizuho upped their target price on American Eagle Outfitters from $16.00 to $18.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 17th. Deutsche Bank AG raised American Eagle Outfitters from a “hold” rating to a “buy” rating and upped their target price for the stock from $17.00 to $22.00 in a research report on Monday, August 15th. Telsey Advisory Group upped their target price on American Eagle Outfitters from $18.00 to $22.00 and gave the stock a “market perform” rating in a research report on Monday, August 15th. FBR & Co raised American Eagle Outfitters from a “market perform” rating to an “outperform” rating and upped their target price for the stock from $17.00 to $19.00 in a research report on Thursday, August 25th. Finally, Zacks Investment Research raised American Eagle Outfitters from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a research report on Friday, August 19th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and sixteen have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $19.17.

The stock has a market capitalization of $3.30 billion and a PE ratio of 14.46. The stock’s 50-day moving average price is $18.08 and its 200 day moving average price is $16.14.

American Eagle Outfitters (NYSE:AEO) last released its earnings results on Wednesday, August 17th. The apparel retailer reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.21 by $0.02. During the same period last year, the business earned $0.17 earnings per share. The firm had revenue of $823 million for the quarter, compared to analyst estimates of $818.10 million. The firm’s quarterly revenue was up 3.2% compared to the same quarter last year. On average, equities research analysts predict that American Eagle Outfitters Inc. will post $1.31 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 21st. Shareholders of record on Friday, October 7th will be issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 2.75%. The ex-dividend date of this dividend is Wednesday, October 5th.

In other American Eagle Outfitters news, COO Michael R. Rempell sold 83,141 shares of American Eagle Outfitters stock in a transaction that occurred on Thursday, August 18th. The stock was sold at an average price of $18.68, for a total transaction of $1,553,073.88. Following the sale, the chief operating officer now directly owns 196,868 shares of the company’s stock, valued at $3,677,494.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

An institutional investor recently raised its position in American Eagle Outfitters stock. Jennison Associates LLC increased its position in shares of American Eagle Outfitters Inc. (NYSE:AEO) by 186.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 70,375 shares of the apparel retailer’s stock after buying an additional 45,786 shares during the period. Jennison Associates LLC’s holdings in American Eagle Outfitters were worth $1,091,000 as of its most recent SEC filing.

American Eagle Outfitters, Inc is an apparel and accessories retailer. The Company offers clothing, accessories and personal care products. The Company operates under the American Eagle Outfitters and aerie by American Eagle Outfitters brands. The American Eagle Outfitters brand offers denims, pants, shorts, sweaters, fleece, outerwear, graphic t-shirts, footwear and accessories.

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