During the recent session, American Eagle Outfitters Inc. (NYSE:AEO)’s traded shares were 0.71 million, with the beta value of the company hitting 1.30. At the last check today, the stock’s price was $11.85, reflecting an intraday loss of -2.59% or -$0.31. The 52-week high for the AEO share is $35.62, that puts it down -200.59 from that peak though still a striking 8.69% gain since the share price plummeted to a 52-week low of $10.82. The company’s market capitalization is $1.99B, and the average intraday trading volume over the past 10 days was 5.01 million shares, and the average trade volume was 7.38 million shares over the past three months.
American Eagle Outfitters Inc. (AEO) received a consensus recommendation of a Hold from analysts. That translates to a mean rating of 2.70. AEO has a Sell rating from 1 analyst(s) out of 13 analysts who have looked at this stock. 8 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it. 1 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.15.
American Eagle Outfitters Inc. (NYSE:AEO) trade information
American Eagle Outfitters Inc. (AEO) registered a -2.59% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -2.59% in intraday trading to $11.85 this Thursday, 08/04/22, hitting a weekly high. The stock’s 5-day price performance is 1.42%, and it has moved by 4.74% in 30 days. Based on these gigs, the overall price performance for the year is -62.77%. The short interest in American Eagle Outfitters Inc. (NYSE:AEO) is 26.33 million shares and it means that shorts have 4.05 day(s) to cover.
The consensus price target of analysts on Wall Street is $14.17, which implies an increase of 16.37% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $8.00 and $27.00 respectively. As a result, AEO is trading at a discount of -127.85% off the target high and 32.49% off the low.
American Eagle Outfitters Inc. (AEO) estimates and forecasts
Statistics show that American Eagle Outfitters Inc. has underperformed its competitors in share price, compared to the industry in which it operates. American Eagle Outfitters Inc. (AEO) shares have gone down -47.02% during the last six months, with a year-to-date growth rate less than the industry average at -48.86% against -6.30. Yet analysts are ramping up their growth forecast for the fiscal year 2022. Revenue is predicted to shrink -75.00% this quarter and then drop -42.10% in the quarter after that. In the rating firms’ projections, revenue will increase 1.80% compared to the previous financial year.
Revenue for the current quarter is expected to be $1.2 billion as predicted by 10 analyst(s). Meanwhile, a consensus of 10 analyst(s) estimates revenue growth to $1.29 billion by the end of Oct 2022.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 11.90%. While earnings are projected to return 261.60% in 2022, the next five years will return 3.54% per annum.
American Eagle Outfitters Inc. is due to release its next quarterly earnings between August 31 and September 05. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for American Eagle Outfitters Inc. is 0.72, with the dividend yield indicating at 5.92 percent, continuing the trend of increasing dividends in recent years.
American Eagle Outfitters Inc. (NYSE:AEO)’s Major holders
American Eagle Outfitters Inc. insiders own 6.26% of total outstanding shares while institutional holders control 109.17%, with the float percentage being 116.47%. FMR, LLC is the largest shareholder of the company, while 434 institutions own stock in it. As of Mar 30, 2022, the company held over 25.17 million shares (or 14.86% of all shares), a total value of $302.42 million in shares.
The next largest institutional holding, with 21.93 million shares, is of Select Equity Group, Inc.’s that is approximately 12.95% of outstanding shares. At the market price on Mar 30, 2022, these shares were valued at $263.48 million.
Also, the Mutual Funds coming in first place with the largest holdings of American Eagle Outfitters Inc. (AEO) shares are Fidelity Blue Chip Growth Fund and Vanguard Total Stock Market Index Fund. Data provided on May 30, 2022 indicates that Fidelity Blue Chip Growth Fund owns about 10.13 million shares. This amounts to just over 5.98 percent of the company’s overall shares, with a $121.67 million market value. The same data shows that the other fund manager holds slightly less at 4.49 million, or about 2.65% of the stock, which is worth about $53.98 million.