American Eagle Outfitters (NYSE:AEO)‘s stock had its “outperform” rating reiterated by equities researchers at Cowen in a report released on Thursday. They presently have a $19.00 price target on the apparel retailer’s stock, up from their previous price target of $16.00. Cowen’s target price would indicate a potential upside of 10.27% from the stock’s current price.

AEO has been the subject of a number of other research reports. Zacks Investment Research upgraded American Eagle Outfitters from a “sell” rating to a “hold” rating in a report on Friday, August 25th. ValuEngine cut American Eagle Outfitters from a “buy” rating to a “hold” rating in a report on Friday, September 1st. BidaskClub cut American Eagle Outfitters from a “sell” rating to a “strong sell” rating in a report on Tuesday, August 22nd. J P Morgan Chase & Co restated a “neutral” rating and set a $13.00 price objective (up from $12.00) on shares of American Eagle Outfitters in a research note on Thursday, August 24th. Finally, Royal Bank Of Canada set a $14.00 price objective on shares of American Eagle Outfitters and gave the stock a “buy” rating in a research note on Tuesday, August 29th. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and twelve have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $15.05.

American Eagle Outfitters (AEO) opened at $17.23 on Thursday. The stock has a market capitalization of $2,968.14, a PE ratio of 15.08, a price-to-earnings-growth ratio of 1.67 and a beta of 1.19. American Eagle Outfitters has a 1-year low of $10.23 and a 1-year high of $18.49.

American Eagle Outfitters (NYSE:AEO) last released its earnings results on Wednesday, December 6th. The apparel retailer reported $0.37 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.39 by ($0.02). The firm had revenue of $960.00 million for the quarter, compared to the consensus estimate of $960.86 million. American Eagle Outfitters had a return on equity of 17.42% and a net margin of 4.50%. American Eagle Outfitters’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter last year, the company posted $0.41 EPS. equities analysts expect that American Eagle Outfitters will post 1.14 earnings per share for the current year.

In related news, insider Jennifer M. Foyle sold 13,500 shares of the firm’s stock in a transaction dated Wednesday, September 27th. The shares were sold at an average price of $14.22, for a total value of $191,970.00. Following the completion of the sale, the insider now directly owns 27,531 shares in the company, valued at approximately $391,490.82. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 5.80% of the company’s stock.

A number of large investors have recently modified their holdings of AEO. Louisiana State Employees Retirement System lifted its stake in American Eagle Outfitters by 0.5% in the 2nd quarter. Louisiana State Employees Retirement System now owns 43,400 shares of the apparel retailer’s stock valued at $523,000 after purchasing an additional 200 shares during the last quarter. Russell Investments Group Ltd. lifted its stake in American Eagle Outfitters by 84.6% in the 2nd quarter. Russell Investments Group Ltd. now owns 138,705 shares of the apparel retailer’s stock valued at $1,671,000 after purchasing an additional 63,583 shares during the last quarter. ING Groep NV acquired a new stake in American Eagle Outfitters in the 2nd quarter valued at about $244,000. Great West Life Assurance Co. Can lifted its stake in American Eagle Outfitters by 3.7% in the 2nd quarter. Great West Life Assurance Co. Can now owns 104,564 shares of the apparel retailer’s stock valued at $1,259,000 after purchasing an additional 3,685 shares during the last quarter. Finally, Sei Investments Co. lifted its stake in American Eagle Outfitters by 44.4% in the 2nd quarter. Sei Investments Co. now owns 349,536 shares of the apparel retailer’s stock valued at $4,212,000 after purchasing an additional 107,533 shares during the last quarter. Institutional investors and hedge funds own 83.15% of the company’s stock.

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About American Eagle Outfitters

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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