The analysts wrote, “Q4 OpEPS of $0.24 (excl charges) vs. $0.44 LY beat our $0.21 & consensus’ $0.22 on comps of (8)%. Sales declined (1.3) % to $797.7M with men’s (4)% and women’s (10)%. UPT rose +5%, AUR (7)%, and transactions (6)%. Gross margins declined (210) bp from (70) bp dip in merchandise margin and (140) bp of occupancy deleverage. Inventory (7)% psf. Cash is ~$3/share.”
Shares of Aeropostale (NYSE: ARO) traded down 5.93% during mid-day trading on Friday, hitting $13.65. Aeropostale has a 52 week low of $11.76 and a 52 week high of $23.05. The stock’s 50-day moving average is currently $13.43. The company has a market cap of $1.068 billion and a P/E ratio of 19.07.
Aeropostale (NYSE: ARO) last posted its quarterly earnings results on Thursday, March 14th. The company reported $0.24 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.23 by $0.01. The company had revenue of $797.70 million for the quarter, compared to the consensus estimate of $779.66 million. During the same quarter in the prior year, the company posted $0.44 earnings per share. The company’s quarterly revenue was down 1.3% on a year-over-year basis. Analysts expect that Aeropostale will post $0.84 EPS for the current fiscal year.
A number of other analysts have also recently weighed in on ARO. Analysts at Goldman Sachs reiterated a “neutral” rating on shares of Aeropostale in a research note to investors on Friday. Separately, analysts at Janney Montgomery Scott cut their price target on shares of Aeropostale from $12.00 to $11.00 in a research note to investors on Friday. Finally, analysts at Cowen reiterated an “outperform” rating on shares of Aeropostale in a research note to investors on Wednesday.
Eight analysts have rated the stock with a buy rating, one has given an overweight rating, twelve have given a hold rating, and one has assigned a sell rating to the company. The company currently has an average rating of “overweight” and a consensus target price of $14.81.
Aeropostale, Inc., (Aeropostale) is a mall-based, specialty retailer of casual apparel and accessories, principally targeting 14 to 17 year-old young women and men through its Aeropostale stores and 4 to 12 year-old kids through its P.
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