At the time of writing, American Eagle Outfitters Inc. [AEO] stock is trading at $23.80, up 2.06%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The AEO shares have gain 7.06% over the last week, with a monthly amount glided 17.41%, and seem to be holding up well over a long-time horizon.
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On 14, February 2024, AEO Inc. to Report Fourth Quarter and Full Year Fiscal 2023 Results and Present Long-term Strategy and Financial Plan on March 7th. In a post published today on Yahoo Finance, American Eagle Outfitters (NYSE: AEO) will report its fourth quarter and full-year fiscal 2023 results and unveil its new long-term strategy on Thursday, March 7th, 2024.
From an analyst’s perspective:
American Eagle Outfitters Inc. [NYSE: AEO] stock has seen the most recent analyst activity on January 09, 2024, when Telsey Advisory Group reiterated its Market Perform rating and also boosted its price target to $22 from $19. Previously, BofA Securities upgraded its rating to Neutral on November 15, 2023, and elevated its price target to $19. On August 01, 2023, upgrade upgraded it’s rating to Overweight and revised its price target to $18 on the stock. Jefferies downgraded its rating to a Hold and decreased its price target to $16 on February 15, 2023. Cowen downgraded its rating to Market Perform for this stock on August 01, 2022, and downed its price target to $13. In a note dated July 26, 2022, BofA Securities downgraded an Underperform rating on this stock but restated the target price of $8.
For the past year, the stock price of American Eagle Outfitters Inc. fluctuated between $9.95 and $23.45. Currently, Wall Street analysts expect the stock to reach $26.91 within the next 12 months. American Eagle Outfitters Inc. [NYSE: AEO] shares were valued at $23.80 at the most recent close of the market. An investor can expect a potential return of 13.07% based on the average AEO price forecast.
Analyzing the AEO fundamentals
According to American Eagle Outfitters Inc. [NYSE:AEO], the company’s sales were 5.08B for trailing twelve months, which represents an 4.87% jump. Gross Profit Margin for this corporation currently stands at -0.03% with Operating Profit Margin at -0.22%, Pretax Profit Margin comes in at -0.24%, and Net Profit Margin reading is -0.51%. To continue investigating profitability, this company’s Return on Assets is posted at -1.53, Equity is -2.61 and Total Capital is -22.65. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-6.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 23.40 points at the first support level, and at 23.00 for the second support level. However, for the 1st resistance point, the stock is sitting at 24.04, and for the 2nd resistance point, it is at 24.28.
American Eagle Outfitters Inc. [AEO] reported earnings per share of $0.49 for its fiscal quarter that ended on 10/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.48/share, meaning a difference of $0.01 and a surprise factor of 2.10%. By comparison, the stated earnings for the previous quarter ended on 7/30/2023 were $0.25 per share as compared to estimates of $0.16 per share, a difference of $0.09 representing a surprise of 56.20%.
Ratios To Look Out For
It is important to note that American Eagle Outfitters Inc. [NYSE:AEO] has a current ratio of 1.63. Also, the Quick Ratio is 0.70, while the Cash Ratio stands at 0.05. Considering the valuation of this stock, the price to sales ratio is 0.93, the price to book ratio is 2.70 and price to earnings (TTM) ratio is 21.49.
Transactions by insiders
Recent insider trading involved Foyle Jennifer M., Global Brand President-aerie, that happened on Feb 08 when 20000.0 shares were sold. Global Brand President-aerie, Foyle Jennifer M. completed a deal on Jan 19 to sell 24271.0 shares. Meanwhile, Director MCMILLAN CARY D sold 2363.0 shares on Jan 18.
