American Eagle Outfitters Inc. (NYSE: AEO) is 25.71% higher on its value in year-to-date trading and has touched a low of $6.53 and a high of $25.75 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The AEO stock was last observed hovering at around $24.96 in the last trading session, with the day’s gains setting it 0.27% off its average median price target of $28.00 for the next 12 months. It is also 18.61% off the consensus price target high of $31.00 offered by 14 analysts, but current levels are -40.17% lower than the price target low of $18.00 for the same period.
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Currently trading at $25.23, the stock is 4.27% and 13.66% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.29 million and changing 1.08% at the moment leaves the stock 67.32% off its SMA200. AEO registered 70.47% gain for a year compared to 6-month gain of 125.27%. The firm has a 50-day simple moving average (SMA 50) of $23.50 and a 200-day simple moving average (SMA200) of $17.34.
The stock witnessed a 5.43% loss in the last 1 month and extending the period to 3 months gives it a 50.45%, and is 2.48% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.98% over the week and 3.93% over the month.
American Eagle Outfitters Inc. (AEO) has around 8000 employees, a market worth around $4.13B and $3.78B in sales. Fwd P/E is 18.35. Profit margin for the company is -5.50%. Distance from 52-week low is 286.07% and -2.03% from its 52-week high. The company has generated returns on investments over the last 12 months (14.40%).
American Eagle Outfitters Inc. (AEO) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for American Eagle Outfitters Inc. (AEO) is a “Overweight”. 14 analysts offering their recommendations for the stock have an average rating of 2.10, where 5 rate it as a Hold and 0 think it is a “Overweight”. 9 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
American Eagle Outfitters Inc. is expected to release its quarterly report on 05/19/2021 and quarterly earnings per share for the current quarter are estimated at $0.36 with sales reaching $1.28B over the same period.The EPS is expected to shrink by -23.90% this year, but quarterly earnings will post -13.00% year-over-year. Quarterly sales are estimated to shrink -2.40% in year-over-year returns.
American Eagle Outfitters Inc. (AEO) Top Institutional Holders
396 institutions hold shares in American Eagle Outfitters Inc. (AEO), with 11.6M shares held by insiders accounting for 6.98% while institutional investors hold 131.45% of the company’s shares. The shares outstanding are 166.19M, and float is at 154.58M with Short Float at 14.12%. Institutions hold 122.28% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 16.69 million shares valued at $335.06 million. The investor’s holdings represent 10.05% of the AEO Shares outstanding. As of Sep 29, 2020, the second largest holder is Vanguard Group, Inc. (The) with 13.15 million shares valued at $194.82 million to account for 7.92% of the shares outstanding. The other top investors are FMR, LLC which holds 12.85 million shares representing 7.73% and valued at over $257.84 million, while Melvin Capital Management LP holds 7.22% of the shares totaling 12.0 million with a market value of $177.72 million.
American Eagle Outfitters Inc. (AEO) Insider Activity
A total of 19 insider transactions have happened at American Eagle Outfitters Inc. (AEO) in the last six months, with sales accounting for 10 and purchases happening 9 times. The most recent transaction is an insider sale by Kessler Charles F, the company’s Global Brand President-AE. SEC filings show that Kessler Charles F sold 90,749 shares of the company’s common stock on Dec 23 at a price of $20.02 per share for a total of $1.82 million. Following the sale, the insider now owns 85726.0 shares.
American Eagle Outfitters Inc. disclosed in a document filed with the SEC on Dec 11 that Kessler Charles F (Global Brand President-AE) sold a total of 2,866 shares of the company’s common stock. The trade occurred on Dec 11 and was made at $20.01 per share for $57349.0. Following the transaction, the insider now directly holds 85726.0 shares of the AEO stock.
Still, SEC filings show that on Dec 10, Kessler Charles F (Global Brand President-AE) disposed off 14,927 shares at an average price of $20.00 for $0.3 million. The insider now directly holds 85,726 shares of American Eagle Outfitters Inc. (AEO).
American Eagle Outfitters Inc. (AEO): Who are the competitors?
The company’s main competitors (and peers) include Tilly’s Inc. (TLYS) that is trading 52.03% up over the past 12 months. Abercrombie & Fitch Co. (ANF) is 65.18% up on the 1-year trading charts. Short interest in the company’s stock has fallen -10.54% from the last report on Dec 30, 2020 to stand at a total of 24.12 million short shares sold with a short interest ratio of 3.44.