American Eagle Outfitters, Inc. (NYSE:AEO)‘s stock had its “hold” rating restated by stock analysts at Deutsche Bank AG in a research note issued on Friday. They currently have a $12.00 price objective on the apparel retailer’s stock, down from their previous price objective of $13.00. Deutsche Bank AG’s target price suggests a potential upside of 6.95% from the company’s current price.

Several other research analysts also recently commented on the stock. Wolfe Research downgraded shares of American Eagle Outfitters from a “peer perform” rating to an “underperform” rating in a research note on Tuesday, May 9th. Jefferies Group LLC set a $19.00 price target on shares of American Eagle Outfitters and gave the stock a “buy” rating in a research note on Wednesday, May 10th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $17.00 price target on shares of American Eagle Outfitters in a research note on Friday, May 12th. BMO Capital Markets set a $15.00 price target on shares of American Eagle Outfitters and gave the stock a “buy” rating in a research note on Thursday, July 6th. Finally, B. Riley downgraded shares of American Eagle Outfitters from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $18.00 to $15.00 in a research note on Tuesday, April 18th. Four investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and eleven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $15.40.

American Eagle Outfitters (AEO) traded up 0.09% during trading on Friday, hitting $11.22. 3,122,352 shares of the company’s stock were exchanged. American Eagle Outfitters has a 52-week low of $10.56 and a 52-week high of $19.55. The company has a market cap of $1.99 billion, a price-to-earnings ratio of 10.38 and a beta of 1.09. The firm has a 50 day moving average price of $11.76 and a 200 day moving average price of $13.17.

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

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Hedge funds and other institutional investors have recently bought and sold shares of the stock. BlackRock Inc. boosted its stake in American Eagle Outfitters by 8,781.1% in the first quarter. BlackRock Inc. now owns 17,773,025 shares of the apparel retailer’s stock worth $249,355,000 after buying an additional 17,572,904 shares in the last quarter. Hamlin Capital Management LLC boosted its stake in American Eagle Outfitters by 221.5% in the first quarter. Hamlin Capital Management LLC now owns 4,280,730 shares of the apparel retailer’s stock worth $60,059,000 after buying an additional 2,949,165 shares in the last quarter. RidgeWorth Capital Management LLC purchased a new stake in American Eagle Outfitters during the first quarter worth $29,610,000. Mackay Shields LLC purchased a new stake in American Eagle Outfitters during the first quarter worth $21,097,000. Finally, Schroder Investment Management Group purchased a new stake in American Eagle Outfitters during the first quarter worth $16,019,000. 90.53% of the stock is currently owned by institutional investors and hedge funds.

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)

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