American Eagle Outfitters Inc. (AEO) concluded trading on Wednesday at a closing price of $24.84, with 5.93 million shares of worth about $147.33 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 71.55% during that period and on March 20, 2024 the price saw a gain of about 4.99%. Currently the company’s common shares owned by public are about 196.94M shares, out of which, 180.95M shares are available for trading.
Stock saw a price change of 7.02% in past 5 days and over the past one month there was a price change of 13.42%. Year-to-date (YTD), AEO shares are showing a performance of 17.39% which increased to 90.93% 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 $26.44 during that period. The average intraday trading volume for American Eagle Outfitters Inc. shares is 4.42 million. The stock is currently trading 6.50% above its 20-day simple moving average (SMA20), while that difference is up 13.21% for SMA50 and it goes to 41.24% higher than SMA200.
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American Eagle Outfitters Inc. (NYSE: AEO) currently have 196.94M outstanding shares and institutions hold larger chunk of about 98.25% of that.
The stock has a current market capitalization of $4.91B and its 3Y-monthly beta is at 1.57. PE ratio of stock for trailing 12 months is 28.86, while it has posted earnings per share of $0.86 in the same period. Its PEG reads 2.72 and has Quick Ratio of 0.89 while making debt-to-equity ratio of 0.68. 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 3.62% while standing at 3.92% over the month.
Analysts are in expectations that American Eagle Outfitters Inc. (AEO) stock would likely to be making an EPS of $0.26 in the current quarter, while forecast for next quarter EPS is $0.34 and it is $1.92 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.22 which is $0.29 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 $0.17 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 13.46% while it is estimated to increase by 11.57% in next year. EPS is likely to grow at an annualized rate of 10.60% for next 5-years, compared to annual growth of -10.10% 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 March 08, 2024 offering a Market perform rating for the stock and assigned a target price range of between $22 and $25 to it. Coverage by Telsey Advisory Group stated American Eagle Outfitters Inc. (AEO) stock as a Market perform in their note to investors on January 09, 2024, suggesting a price target of $22 for the stock. On November 15, 2023, BofA Securities Upgrade their recommendations, while on August 01, 2023, Barclays Upgrade their ratings for the stock with a price target of $18. Stock get a Hold rating from Jefferies on February 15, 2023.
