Stock Volume Ramping Up Mid-Session: American Eagle Outfitters, Inc. (NYSE:AEO)

Posted May 20, 2017

(NYSE:AEO) plans to get "more aggressive" in closing stores throughout the country, but the South Side-based apparel company still sees value in its brick-and-mortar stores. Price Target plays a critical role when it comes to the analysis of a Stock.

While considering growth estimates of the company, it has next quarter growth estimates of -2.4% whereas during current quarter it has -17.4% estimations over growth, comparing to the estimations of -7.2% during current year and 5.2% for next year. The stock has earnings growth of 97.40% yoy and showed a high EPS growth of 22.70% over the past five years. Mizuho cut their price objective on American Eagle Outfitters from $16.00 to $15.00 and set a "neutral" rating for the company in a research report on Wednesday, March 1st. The firm's revenue for the quarter was up 1.7% compared to the same quarter a year ago. The correct version of this report can be read at https://transcriptdaily.com/2017/05/19/american-eagle-outfitters-aeo-earns-neutral-rating-from-bank-of-america-corp.html.

In recent action, American Eagle Outfitters, Inc. Bessemer Group Inc. raised its position in shares of American Eagle Outfitters by 0.3% in the fourth quarter. The average analysts gave this company a mean recommendation of 2.30. American Eagle Outfitters had a return on equity of 21.77% and a net margin of 6.62%. While the company's share hit the 52 week high on 08/15/16 stationing the value of $19.08. Sure, the percentage is encouraging but more headwinds are coming as looking out over a next 5-year period, analysts expect the company to see its earnings go down by -0.2%, annually. Many equity investors may be wondering if the stock markets will find renewed energy and continue higher, or if a major correction is on the horizon. The stock price is moving down from its 20 days moving average with -20.37% and isolated negatively from 50 days moving average with -20.26%.

Taking a broader look brokerage firms' analysts on the street with an expectant view have American Eagle Outfitters (NYSE:AEO) high price target of $20 and with a conservative view have low price target of $10.

American Eagle Outfitters (NYSE:AEO)'s trailing twelve month revenues are $3.61 Billion, whereas its price to sales ratio for the same period is 0.54. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and eleven have issued a buy rating to the company's stock.

COPYRIGHT VIOLATION NOTICE: This news story was first posted by BBNS and is owned by of BBNS. SunTrust Banks, Inc. reissued a "buy" rating on shares of American Eagle Outfitters in a report on Saturday, April 1st.

The company also recently declared a quarterly dividend, which was paid on Friday, April 21st.

The volume of the particular stock is the shares bought and sold in a single trading day. If you are reading this story on another site, it was stolen and republished in violation of US & worldwide trademark & copyright laws. (NYSE:JPM) shares has displayed a high EPS growth of 6.80% in last 5 years.

Institutional investors have recently added to or reduced their stakes in the stock. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.60%.

In fiscal 2017, the company plans to open a total of thirty five American Eagle Outfitters and Aerie stores throughout the U.S., Canada and Mexico. The stock has been active on the tape, now trading at $10.88, down from yesterday's close by -1.54%. California State Teachers Retirement System raised its position in American Eagle Outfitters by 0.9% in the third quarter. In contrast, the average volume was 4.72 million shares. They are projecting Next Quarter growth of -2.4%. (AEO Inc.) is a multi-brand specialty retailer. The company's 52-week range is $10.91 to $19.08. Glen Harbor Capital Management LLC now owns 7,238 shares of the apparel retailer's stock valued at $102,000 after buying an additional 154 shares during the last quarter.