American Eagle Outfitters, Inc. (NYSE:AEO) registered a 0.13% increase, still its new closing price is 21.31% up from the company’s 1 year high of 19.27.It posted -0.59% losses in previous 5 sessions and is now the subject of 11 analysts who together assign a hold rating on stock. 2 of Wall Street analysts have an underperform rating; the 0 sells versus 4 buy or better ratings. The 23 stock analysts following this company have an average price target at $18.29, with individual PT in the $12.00-$23.00 range. The shares moved at $15.04, implying that brokerage firms see shares gaining about 9.18% in twelve months time.
American Eagle Outfitters, Inc. (AEO) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -0.86% fall year to date. A EVP, COO at American Eagle Outfitters, Inc. (AEO) offloaded shares in a transaction closed on Friday September 02, 2016. Rempell Michael R sold 50,826 shares in the company at $18.84 each and collected $957,001 in proceeds. Rempell Michael R now owns 63,737 shares in the company after this transaction. A EVP, COO in the company, Rempell Michael R, disclosed a transaction on Thursday August 18, 2016 that ended up generating $1,553,000 from the sale of 83,141 shares at $18.68 per share.
American Eagle Outfitters, Inc. (NYSE:AEO) Upcoming Results on Tap
American Eagle Outfitters, Inc. will next provide financial results for the April 2017 quarter. Stock analysts expect it to report per-share earnings of $0.22 in that period. Sales during the quarter are predicted to arrive at $757.65 million.
Earnings surprise history: Last quarter, the company posted approximately $940.61 million in revenue and EPS of $0.41. The mean forecast was for $940.94 million and $0.41 a share, respectively. One quarter earlier, revenue for the stock was at $822.59 million, with earnings at $0.23/share.
American Eagle Outfitters, Inc. (AEO) Brokerage Update
American Eagle Outfitters, Inc. (AEO) is in Telsey Advisory Group’s research list so their analyst rating change is noteworthy. These shares were upgraded to Outperform from Market Perform by Telsey Advisory Group, according to news reported on Wednesday January 25, 2017.Another important research note was issued by FBR & Co. on Tuesday November 15, 2016.The firm downgraded AEO to Mkt Perform from Outperform. Over the last six months and over the last three months, the shares of American Eagle Outfitters, Inc. (AEO), have changed -15.30% and -9.55%, respectively.