Is American Eagle Outfitters, Inc. (AEO) In For Another Earnings Surprise?

AEO Q1 2017 Earnings 3

AEO Q1 2017 Earnings 3

Royal Bank of Canada restated a "buy" rating and issued a $17.00 price objective on shares of American Eagle Outfitters in a report on Friday, May 12th. Wunderlich reissued a "hold" rating and set a $26.00 price objective (down previously from $32.00) on shares of Urban Outfitters in a research report on Monday, March 6th.

The target price for American Eagle Outfitters, Inc. FMR LLC now owns 5,847,098 shares of the apparel retailer's stock valued at $138,927,000 after buying an additional 424,156 shares during the last quarter. Wolfe Research downgraded American Eagle Outfitters from a "peer perform" rating to an "underperform" rating in a report on Tuesday, May 9th.

COPYRIGHT VIOLATION WARNING: "Q2 2018 EPS Estimates for American Eagle Outfitters (AEO) Cut by FBR & Co" was originally posted by Transcript Daily and is the sole property of of Transcript Daily. If you are viewing this news story on another website, it was stolen and reposted in violation of United States & worldwide trademark & copyright law. The legal version of this news story can be read at https://baseballnewssource.com/markets/oppenheimer-holdings-research-analysts-reduce-earnings-estimates-for-american-eagle-outfitters-aeo/797163.html. (NYSE:AEO) fell $-0.17 during today's regular trading session, a -1.54% decrease from the previous closing price of $11.05. In terms of the relative level of interest afforded this stock among active participants in the market, relative volume measures have been strong, indicating enthusiasm for the name by traders, investors, and money managers during the past month of action. The stock appeared -42.10% below its 52-week highs and is down -23.32% for the last five trades. Narrowing in, the stock is at a distance of -25.19% from the 50 day high and -0.09% off of the 50 day low. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 9.42.

American Eagle Outfitters (NYSE:AEO) last released its quarterly earnings data on Wednesday, May 17th. The apparel retailer reported $0.16 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.17 by $0.01. The firm had revenue of $761.80 million during the quarter, compared to the consensus estimate of $741.76 million.

The company's net profit margin stands at 1.90% whereas its return on equity (ROE) is 7.60%. 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.

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. The stock showed weekly downbeat performance of -1.34%, which was maintained for the month at 3.48%. Hamlin Capital Management LLC increased its stake in American Eagle Outfitters by 221.5% in the first quarter.

Shares of American Eagle Outfitters (NYSE:AEO) opened at 11.05 on Friday.

Urban Outfitters, Inc is a lifestyle specialty retail company. Ifrah Financial Services Inc. now owns 39,716 shares of the apparel retailer's stock worth $709,000 after buying an additional 24,417 shares in the last quarter. Finally, Oak Ridge Investments LLC purchased a new position in shares of American Eagle Outfitters during the third quarter valued at about $60,841,000. BlackRock Inc. now owns 17,773,025 shares of the apparel retailer's stock valued at $249,355,000 after buying an additional 17,572,904 shares during the period.

The firm also recently announced a quarterly dividend, which was paid on Friday, April 21st. Shareholders of record on Friday, April 7th were given a $0.125 dividend. It has a dividend yield of 4.50% and a 5 year dividend growth rate of 58.06%. The rating was downgraded by B. Riley & Co on Wednesday, April 19 to "Neutral".

Currently, American Eagle Outfitters, Inc.

Yet another important factor while evaluating a good buy/sell decision for American Eagle Outfitters, Inc.

American Eagle Outfitters (NYSE:AEO)'s revenue estimates for the current quarter are $828.54 Million according to 19 number of analysts, for the current quarter the company has high revenue estimates of $848.5 Million in contradiction of low revenue estimates of $810.22 Million.

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