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American Eagle Outfitters Inc. (NYSE:AEO) Shares Are Up 49.54% From The Lows, But Can They Stay Up?

In recent trading session, American Eagle Outfitters Inc. (NYSE:AEO) saw 2.02 million shares changing hands at last check today with its beta currently measuring 1.50. Company’s recent per share price level of $19.72 trading at $0.55 or 2.87% at last check today assigns it a market valuation of $3.89B. That most recent trading price of AEO’s stock is at a discount of -0.86% from its 52-week high price of $19.89 and is indicating a premium of 49.54% from its 52-week low price of $9.95. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.84 million shares which gives us an average trading volume of 4.80 million if we extend that period to 3-months.

For American Eagle Outfitters Inc. (AEO), analysts’ consensus is at an average recommendation of a Hold while assigning it a mean rating of 2.75. Splitting up the data highlights that, out of 12 analysts covering the stock, 1 rated the stock as a Sell while 1 recommended an Overweight rating for the stock. 8 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0.48 in the current quarter.

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American Eagle Outfitters Inc. (NYSE:AEO) trade information

Upright in the green today for gaining 2.87%, in the last five days AEO remained trading in the green while hitting it’s week-highest on Friday, 11/17/23 when the stock touched $19.72 price level, adding 2.42% to its value on the day. American Eagle Outfitters Inc.’s shares saw a change of 41.26% in year-to-date performance and have moved 6.14% in past 5-day. American Eagle Outfitters Inc. (NYSE:AEO) showed a performance of 11.22% in past 30-days. Number of shares sold short was 17.7 million shares which calculate 4.13 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of $18.45 to the stock, which implies a fall of -6.88% to its recent value today. Analysts have been projecting $14.00 as a low price target for the stock while placing it at a high target of $24.00. It follows that stock’s current price would drop -21.7% in reaching the projected high whereas dropping to the targeted low would mean a gain of 29.01% for stock’s current value.

American Eagle Outfitters Inc. (AEO) estimates and forecasts

Statistics highlight that American Eagle Outfitters Inc. is scoring comparatively higher than the scores of other players of the relevant industry. The company added 62.17% of value to its shares in past 6 months, showing an annual growth rate of 37.11% while that of industry is -8.00. Apart from that, the company came raising its revenue forecast for fiscal year 2023. The company is estimating its revenue growth to increase by 14.30% in the current quarter and calculating 18.90% increase in the next quarter. This year revenue growth is estimated to rise 2.60% from the last financial year’s standing.

9 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $1.28 billion for the same. And 9 analysts are in estimates of company making revenue of $1.55 billion in the next quarter that will end on Jan 2024.

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 -10.85% during past 5 years. In 2023, company’s earnings growth rate is likely to be around 38.29% while estimates for its earnings growth in next 5 years are of 17.50%.

AEO Dividends

American Eagle Outfitters Inc. is more likely to be releasing its next quarterly report on November 21 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.

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