In recent trading session, American Eagle Outfitters, Inc. (NYSE:AEO) saw 1,850,932 shares changing hands at last check today with its beta currently measuring 1.44. Company’s recent per share price level of $23.36 trading at $0.37 or 1.61% at last check today assigns it a market valuation of $3.89 Billion. That most recent trading price of AEO’s stock is at a discount of -1.37% from its 52-week high price of $23.68 and is indicating a premium of 72% from its 52-week low price of $6.54. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 4.29 Million shares which gives us an average trading volume of 5.01 Million if we extend that period to 3-months.
For American Eagle Outfitters, Inc. (AEO), analysts’ consensus is at an average recommendation of Overweight while assigning it a mean rating of 2.3. Splitting up the data highlights that, out of 15 analysts covering the stock, none rated the stock as a Sell while none recommended an Overweight rating for the stock. 7 suggested the stock as a Hold whereas 8 see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0.29 in the current quarter.
American Eagle Outfitters, Inc. (NYSE:AEO) trade information
Upright in the green today for gaining 1.61%, in the last five days AEO remained trading in the green while hitting it’s week-highest on Thursday, Jan 14 when the stock touched $23.68- price level, adding 1.18% to its value on the day. American Eagle Outfitters, Inc.’s shares saw a change of 16.59% in year-to-date performance and have moved 5.5% in past 5-day. American Eagle Outfitters, Inc. (NYSE:AEO) showed a performance of 22.26% in past 30-days. Number of shares sold short was 24.12 Million shares which calculate 4.81 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $21.13 to the stock, which implies targetted prices is already lagging behind -9.55% to its recent value today. Analysts have been projecting $17 as a low price target for the stock while placing it at a high target of $27. It follows that stock’s price at last check today has to jump +15.58% in reaching the projected high whereas dropping to the targeted low would mean a loss of -27.23% for stock’s latest value.
American Eagle Outfitters, Inc. (AEO) estimates and forecasts
Statistics highlight that American Eagle Outfitters, Inc. is scoring comparatively lower than the scores of other players of the relevant industry. The company added +107.12% of value to its shares in past 6 months, showing an annual growth rate of -111.49% while that of industry is -8.8. Apart from that, the company came lowering its revenue forecast for fiscal year 2021. The company is estimating its revenue growth to decline by -21.6% in the current quarter and calculating 107.1% increase in the next quarter. This year revenue growth is estimated to drop -12.3% from the last financial year’s standing.
13 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $1.31 Billion for the same. And 8 analysts are in estimates of company making revenue of $802.8 Million in the next quarter that will end on April 01, 2021. Company posted $1.31 Billion and $634.26 Million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to drop by -0.4% while estimating it to be 26.6% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 19.7% during past 5 years. In 2021, company’s earnings growth rate is likely to be around -23.9% while estimates for its earnings growth in next 5 years are of 0.77%
American Eagle Outfitters, Inc. is more likely to be releasing its next quarterly report between March 02 and March 08, 2021, and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 2.4%, the share has a forward dividend of 0.55 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 3.15%.
American Eagle Outfitters, Inc. (NYSE:AEO)’s Major holders
Insiders are in possession of 6.98% of company’s total shares while institution are holding 122.28% percent of that, with stock having share float percentage of 131.45%. Investors also watch the number of corporate investors in a company very closely, which is 396 institutions for American Eagle Outfitters, Inc. that are currently holding shares of the company. Blackrock Inc. is the top institutional holder at AEO for having 16.5 Million shares of worth $244.44 Million. And as of September 29, 2020, it was holding 9.93% of the company’s outstanding shares.
The second largest institutional holder is Vanguard Group, Inc. (The), which was holding about 13.15 Million shares on September 29, 2020. The number of shares represents firm’s hold over 7.92% of outstanding shares, having a total worth of $194.82 Million.
On the other hand, Vanguard Selected Value Fund and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of October 30, 2020, the former fund manager was holding 4889900 shares of worth $67.04 Million or 2.94% of the total outstanding shares. The later fund manager was in possession of 4.2 Million shares on September 29, 2020, making its stake of worth around $62.27 Million in the company or a holder of 2.53% of company’s stock.
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