American Eagle Outfitters (NYSE:AEO) released its earnings data on Friday. The company reported $0.19 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.19, Analyst Ratings Network.com reports. The company had revenue of $857.00 million for the quarter, compared to the consensus estimate of $844.76 million.
American Eagle Outfitters (NYSE:AEO) opened at 16.40 on Friday. American Eagle Outfitters has a 52-week low of $13.14 and a 52-week high of $22.63. The stock has a 50-day moving average of $15.46 and a 200-day moving average of $16.68. The company has a market cap of $3.161 billion and a P/E ratio of 14.83.
A number of research firms have recently commented on AEO. Analysts at Janney Montgomery Scott upgraded shares of American Eagle Outfitters from a “neutral” rating to a “buy” rating in a research note to investors on Monday. They now have a $20.00 price target on the stock, up previously from $17.00. On a related note, analysts at Mizuho initiated coverage on shares of American Eagle Outfitters in a research note to investors on Friday, November 15th. They set a “neutral” rating on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of American Eagle Outfitters from $14.00 to $16.00 in a research note to investors on Wednesday, November 13th. They now have a “neutral” rating on the stock. Two investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating and eleven have issued a buy rating to the company’s stock. American Eagle Outfitters currently has an average rating of “Hold” and an average target price of $17.88.
American Eagle Outfitters, Inc (NYSE:AEO) is a specialty retailer that operates in the United Sates and Canada, and online at ae.
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