American Eagle Outfitters Inc. (AEO) concluded trading on Wednesday at a closing price of $23.45, with 11.07 million shares of worth about $259.52 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 36.66% during that period and on Wednesday the price saw a loss of about -3.18%. Currently the company’s common shares owned by public are about 195.06M shares, out of which, 181.01M shares are available for trading.
Stock saw a price change of -0.34% in past 5 days and over the past one month there was a price change of 14.22%. Year-to-date (YTD), AEO shares are showing a performance of 10.82% which increased to 72.68% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $9.95 but also hit the highest price of $24.47 during that period. The average intraday trading volume for American Eagle Outfitters Inc. shares is 4.10 million. The stock is currently trading 2.97% above its 20-day simple moving average (SMA20), while that difference is up 9.01% for SMA50 and it goes to 37.91% higher than SMA200.
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American Eagle Outfitters Inc. (NYSE: AEO) currently have 195.06M outstanding shares and institutions hold larger chunk of about 98.20% of that.
The stock has a current market capitalization of $4.63B and its 3Y-monthly beta is at 1.57. PE ratio of stock for trailing 12 months is 21.17, while it has posted earnings per share of $1.11 in the same period. Its PEG reads 1.20 and has Quick Ratio of 0.70 while making debt-to-equity ratio of 0.70. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for AEO, volatility over the week remained 2.93% while standing at 2.92% over the month.
Analysts are in expectations that American Eagle Outfitters Inc. (AEO) stock would likely to be making an EPS of $0.5 in the current quarter, while forecast for next quarter EPS is $0.24 and it is $1.59 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.44 which is $0.52 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.37 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 45.64% while it is estimated to increase by 12.69% in next year. EPS is likely to grow at an annualized rate of 17.70% for next 5-years, compared to annual growth of -10.85% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Telsey Advisory Group on January 09, 2024 offering a Market perform rating for the stock and assigned a target price range of between $19 and $22 to it. Coverage by BofA Securities stated American Eagle Outfitters Inc. (AEO) stock as a Neutral in their note to investors on November 15, 2023, suggesting a price target of $19 for the stock. On August 01, 2023, Barclays Upgrade their recommendations, while on February 15, 2023, Jefferies Downgrade their ratings for the stock with a price target of $16. Stock get an Underweight rating from Morgan Stanley on January 12, 2023.
