Key Points
- Director Cary Mcmillan sold 1,896 shares on January 14 at an average price of $26.21, totaling $49,694.16, according to the SEC filing.
- Recent quarter beat expectations: AEO reported $0.53 EPS vs. $0.43 expected and $1.36B revenue vs. $1.32B expected; the stock trades around $25.81 with a $4.38B market cap and a 52‑week range of $9.27–$28.46.
- Dividend and analyst view: The company declared a $0.125 quarterly dividend (annualized $0.50, yield 1.9%, ex-dividend Jan 9, payable Jan 23), while analysts’ consensus is a “Hold” with a $22.45 target.
American Eagle Outfitters, Inc. (NYSE:AEO - Get Free Report) Director Cary Mcmillan sold 1,896 shares of the business's stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $26.21, for a total value of $49,694.16. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
American Eagle Outfitters Stock Up 0.5%
Shares of AEO stock opened at $25.81 on Friday. The company has a market capitalization of $4.38 billion, a price-to-earnings ratio of 22.25, a PEG ratio of 8.35 and a beta of 1.39. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.63 and a quick ratio of 0.59. The company's fifty day moving average price is $23.43 and its 200-day moving average price is $17.46. American Eagle Outfitters, Inc. has a one year low of $9.27 and a one year high of $28.46.
American Eagle Outfitters (NYSE:AEO - Get Free Report) last announced its quarterly earnings data on Tuesday, December 2nd. The apparel retailer reported $0.53 EPS for the quarter, beating the consensus estimate of $0.43 by $0.10. American Eagle Outfitters had a return on equity of 13.82% and a net margin of 3.90%.The business had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.32 billion. During the same period in the previous year, the business earned $0.48 earnings per share. The business's revenue was up 2.9% on a year-over-year basis. Sell-side analysts expect that American Eagle Outfitters, Inc. will post 1.7 EPS for the current fiscal year.
American Eagle Outfitters Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, January 23rd. Shareholders of record on Friday, January 9th will be issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Friday, January 9th. American Eagle Outfitters's payout ratio is currently 43.10%.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada grew its stake in American Eagle Outfitters by 24.8% in the 1st quarter. Royal Bank of Canada now owns 162,243 shares of the apparel retailer's stock worth $1,885,000 after acquiring an additional 32,191 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of American Eagle Outfitters by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 105,726 shares of the apparel retailer's stock valued at $1,229,000 after purchasing an additional 4,599 shares during the period. Jones Financial Companies Lllp raised its position in American Eagle Outfitters by 1,238.2% during the 1st quarter. Jones Financial Companies Lllp now owns 52,551 shares of the apparel retailer's stock valued at $611,000 after purchasing an additional 48,624 shares in the last quarter. Empowered Funds LLC raised its holdings in shares of American Eagle Outfitters by 9.6% in the first quarter. Empowered Funds LLC now owns 15,937 shares of the apparel retailer's stock valued at $185,000 after acquiring an additional 1,398 shares in the last quarter. Finally, Voya Investment Management LLC grew its holdings in American Eagle Outfitters by 29.4% during the 1st quarter. Voya Investment Management LLC now owns 142,328 shares of the apparel retailer's stock worth $1,654,000 after acquiring an additional 32,305 shares in the last quarter. Hedge funds and other institutional investors own 97.33% of the company's stock.
Analyst Upgrades and Downgrades
A number of equities analysts recently commented on AEO shares. Royal Bank Of Canada set a $23.00 price target on American Eagle Outfitters in a research note on Wednesday, December 3rd. Bank of America upped their price target on shares of American Eagle Outfitters from $11.00 to $18.00 and gave the company an "underperform" rating in a research note on Wednesday, December 3rd. JPMorgan Chase & Co. raised shares of American Eagle Outfitters from an "underweight" rating to a "neutral" rating and lifted their price objective for the stock from $14.00 to $20.00 in a research note on Wednesday, December 3rd. Barclays boosted their price objective on American Eagle Outfitters from $20.00 to $24.00 and gave the stock an "underweight" rating in a research note on Tuesday, January 6th. Finally, Cowen reaffirmed a "hold" rating on shares of American Eagle Outfitters in a research note on Wednesday, December 3rd. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $22.45.
Read Our Latest Analysis on AEO
About American Eagle Outfitters
(
Get Free Report)
American Eagle Outfitters, Inc (NYSE: AEO) is a leading American specialty retailer offering apparel, accessories and personal care products for men and women. The company's flagship brand, American Eagle, focuses on casualwear including denim, tops, outerwear and accessories targeted primarily at teens and young adults. In addition to its core apparel lines, the company operates the Aerie brand of intimates, loungewear and swimwear, which has gained recognition for its body-positive marketing and inclusive sizing.
American Eagle Outfitters conducts business through a combination of over 900 brick-and-mortar stores in North America and Greater China, complemented by a growing e-commerce platform that serves customers around the globe.
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