American Eagle Outfitters Inc. (NYSE:AEO) has a beta value of 1.49 and has seen 3,114,591 shares traded in the last trading session. The company, currently valued at $6.07 Billion, closed the last trade at $36.3 per share which meant it gained $1.73 on the day or 5% during that session. The AEO stock price is -0.36% off its 52-week high price of $36.43 and 81.98% above the 52-week low of $6.54. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.47 Million shares traded. The 3-month trading volume is 4.95 Million shares.
The consensus among analysts is that American Eagle Outfitters Inc. (AEO) is an Overweight stock at the moment, with a recommendation rating of 2.1. None of the analysts rate the stock as a Sell, while none rate it as Overweight. 4 out of 14 have rated it as a Hold, with 10 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $0.45.
American Eagle Outfitters Inc. (NYSE:AEO) trade information
Sporting 5% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Apr 27 when the AEO stock price touched $36.90- or saw a rise of 1.64%. Year-to-date, American Eagle Outfitters Inc. shares have moved 80.87%, while the 5-day performance has seen it change 2.17%. Over the past 30 days, the shares of American Eagle Outfitters Inc. (NYSE:AEO) have changed 24.87%. Short interest in the company has seen 18.09 Million shares shorted with days to cover at 3.65.
Wall Street analysts have a consensus price target for the stock at $38.14, which means that the shares’ value could jump 5.07% from current levels. The projected low price target is $27 while the price target rests at a high of $45. In that case, then, we find that the current price level is +23.97% off the targeted high while a plunge would see the stock lose -25.62% from current levels.
American Eagle Outfitters Inc. (AEO) estimates and forecasts
Figures show that American Eagle Outfitters Inc. shares have outperformed across the wider relevant industry. The company’s shares have gained +164.58% over the past 6 months, with this year growth rate of 875%, compared to 6.8% for the industry. Other than that, the company has, however Increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are 153.6% and 1500% for the next quarter. Revenue growth from the last financial year stood is estimated to be +27.5%.
12 analysts offering their estimates for the company have set an average revenue estimate of $1.01 Billion for the current quarter. 12 have an estimated revenue figure of $1.15 Billion for the next quarter concluding in July 01, 2021. Year-ago sales stood $634.26 Million for this quarter, and analysts expect sales will grow by 59.6% for the current quarter.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -25.8% over the past 5 years. Earnings growth for 2021 is a modest -212.3% while over the next 5 years, the company’s earnings are expected to increase by 7.7%.
American Eagle Outfitters Inc. is expected to release its next earnings report between May 26 and May 26 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.55 at a share yield of 1.56%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 2.99%.
American Eagle Outfitters Inc. (NYSE:AEO)’s Major holders
Insiders own 6.82% of the company shares, while shares held by institutions stand at 115.15% with a share float percentage of 123.58%. Investors are also buoyed by the number of investors in a company, with American Eagle Outfitters Inc. having a total of 417 institutions that hold shares in the company. The top two institutional holders are Blackrock Inc. with over 16.69 Million shares worth more than $335.06 Million. As of December 30, 2020, Blackrock Inc. held 9.98% of shares outstanding.
The other major institutional holder is Vanguard Group Inc. (The), with the holding of over 13.39 Million shares as of December 30, 2020. The firm’s total holdings are worth over $268.67 Million and represent 8.01% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Fidelity Blue Chip Growth Fund and Vanguard Total Stock Market Index Fund. As of February 27, 2021, the former fund manager holds about 4.9% shares in the company for having 8193468 shares of worth $210.57 Million while later fund manager owns 4.23 Million shares of worth $84.84 Million as of December 30, 2020, which makes it owner of about 2.53% of company’s outstanding stock.