Jefferies Group LLC set a $18.00 price objective on American Eagle Outfitters, Inc. (NYSE:AEO) in a research note published on Thursday morning. The brokerage currently has a buy rating on the apparel retailer’s stock.

Other research analysts have also recently issued research reports about the stock. Royal Bank Of Canada restated a buy rating and issued a $17.00 price objective on shares of American Eagle Outfitters in a research report on Friday, May 12th. Deutsche Bank AG restated a buy rating and issued a $20.00 price objective on shares of American Eagle Outfitters in a research report on Monday, April 24th. Vetr cut shares of American Eagle Outfitters from a strong-buy rating to a buy rating and set a $15.00 price objective for the company. in a research report on Thursday, April 20th. SunTrust Banks, Inc. restated a buy rating and issued a $15.00 price objective (down previously from $19.00) on shares of American Eagle Outfitters in a research report on Friday, May 19th. Finally, BidaskClub raised shares of American Eagle Outfitters from a hold rating to a buy rating in a report on Tuesday, July 4th. Four analysts have rated the stock with a sell rating, eleven have given a hold rating and eleven have issued a buy rating to the company’s stock. The company currently has an average rating of Hold and a consensus target price of $15.73.

American Eagle Outfitters (AEO) opened at 11.79 on Thursday. The company has a market capitalization of $2.09 billion, a price-to-earnings ratio of 10.91 and a beta of 1.09. American Eagle Outfitters has a 52 week low of $10.56 and a 52 week high of $19.55. The firm’s 50-day moving average price is $11.69 and its 200-day moving average price is $13.30.

American Eagle Outfitters (NYSE:AEO) last posted its quarterly earnings data on Wednesday, May 17th. The apparel retailer reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.17 by $0.01. American Eagle Outfitters had a return on equity of 18.95% and a net margin of 5.44%. The company had revenue of $761.80 million during the quarter, compared to the consensus estimate of $741.76 million. During the same quarter last year, the firm earned $0.22 EPS. The business’s revenue for the quarter was up 1.7% on a year-over-year basis. On average, equities analysts expect that American Eagle Outfitters will post $1.09 earnings per share for the current year.

ILLEGAL ACTIVITY WARNING: This article was first posted by Daily Political and is owned by of Daily Political. If you are accessing this article on another website, it was illegally stolen and reposted in violation of United States and international copyright and trademark law. The correct version of this article can be accessed at https://www.dailypolitical.com/2017/08/06/jefferies-group-llc-analysts-give-american-eagle-outfitters-inc-nyseaeo-a-18-00-price-target.html.

The firm also recently announced a quarterly dividend, which was paid on Friday, July 21st. Shareholders of record on Friday, July 7th were given a dividend of $0.125 per share. The ex-dividend date of this dividend was Wednesday, July 5th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.24%. American Eagle Outfitters’s payout ratio is presently 46.30%.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Marshall Wace North America L.P. raised its position in shares of American Eagle Outfitters by 807.2% in the second quarter. Marshall Wace North America L.P. now owns 496,468 shares of the apparel retailer’s stock worth $5,958,000 after buying an additional 441,740 shares during the last quarter. Capital Investment Counsel Inc raised its stake in American Eagle Outfitters by 71.6% in the second quarter. Capital Investment Counsel Inc now owns 17,975 shares of the apparel retailer’s stock valued at $217,000 after buying an additional 7,500 shares in the last quarter. Teton Advisors Inc. raised its stake in American Eagle Outfitters by 16.9% in the second quarter. Teton Advisors Inc. now owns 84,400 shares of the apparel retailer’s stock valued at $1,017,000 after buying an additional 12,200 shares in the last quarter. Legal & General Group Plc raised its stake in American Eagle Outfitters by 5.7% in the second quarter. Legal & General Group Plc now owns 269,922 shares of the apparel retailer’s stock valued at $3,249,000 after buying an additional 14,515 shares in the last quarter. Finally, D.C. Capital Advisors Ltd raised its stake in American Eagle Outfitters by 40.0% in the second quarter. D.C. Capital Advisors Ltd now owns 700,000 shares of the apparel retailer’s stock valued at $8,435,000 after buying an additional 200,000 shares in the last quarter. Hedge funds and other institutional investors own 89.88% of the company’s stock.

American Eagle Outfitters Company Profile

American Eagle Outfitters, Inc (AEO Inc) is a multi-brand specialty retailer. 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. AEO Inc operates stores in the United States, Canada, Mexico, Hong Kong, China and the United Kingdom.

Analyst Recommendations for American Eagle Outfitters (NYSE:AEO)

Receive News & Ratings for American Eagle Outfitters Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Eagle Outfitters Inc. and related companies with MarketBeat.com's FREE daily email newsletter.