American Eagle Outfitters Inc. (NYSE: AEO) is 5.67% higher on its value in year-to-date trading and has touched a low of $9.95 and a high of $26.44 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 $22.52 in the last trading session, with the day’s loss setting it -0.16%.
Currently trading at $22.36, the stock is -2.96% and 3.31% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.78 million and changing -0.71% at the moment leaves the stock 29.88% off its SMA200. AEO registered 67.87% gain for a year compared to 6-month gain of 40.98%. The firm has a 50-day simple moving average (SMA 50) of $1.01 and a 200-day simple moving average (SMA200) of $10.49.
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The stock witnessed a -0.53% loss in the last 1 month and extending the period to 3 months gives it a 10.86%, and is -7.68% down 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 6.71% over the week and 3.64% over the month.
American Eagle Outfitters Inc. (AEO) has around 40000 employees, a market worth around $4.42B and $5.26B in sales. Current P/E ratio is 26.04 and Fwd P/E is 11.60. Profit margin for the company is 3.23%. Distance from 52-week low is 124.72% and -15.43% from its 52-week high. The company has generated returns on investments over the last 12 months (6.45%).
American Eagle Outfitters Inc. quarterly earnings per share for the current quarter are estimated at $0.25 with sales reaching $1.14B over the same period.The EPS is expected to grow by 13.06% this year, but quarterly earnings will post 3.40% year-over-year.
American Eagle Outfitters Inc. (AEO) Top Institutional Holders
443 institutions hold shares in American Eagle Outfitters Inc. (AEO), with institutional investors hold 108.83% of the company’s shares. The shares outstanding are 195.06M, and float is at 180.95M with Short Float at 7.98%. Institutions hold 102.26% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 29.72 million shares valued at $350.71 million. The investor’s holdings represent 15.05% of the AEO Shares outstanding. As of Jun 29, 2023, the second largest holder is FMR, LLC with 27.88 million shares valued at $329.0 million to account for 14.12% of the shares outstanding. The other top investors are Vanguard Group Inc which holds 20.39 million shares representing 10.33% and valued at over $240.64 million, while Dimensional Fund Advisors LP holds 5.34% of the shares totaling 10.54 million with a market value of $124.39 million.
American Eagle Outfitters Inc. (AEO) Insider Activity
The most recent transaction is an insider sale by Foyle Jennifer M.,the company’sGlobal Brand President-aerie. SEC filings show that Foyle Jennifer M. sold 20,000 shares of the company’s common stock on Feb 08 ’24 at a price of $21.00 per share for a total of $0.42 million. Following the sale, the insider now owns 0.23 million shares.
American Eagle Outfitters Inc. disclosed in a document filed with the SEC on Jan 19 ’24 that Foyle Jennifer M. (Global Brand President-aerie) sold a total of 24,271 shares of the company’s common stock. The trade occurred on Jan 19 ’24 and was made at $20.11 per share for $0.49 million. Following the transaction, the insider now directly holds 0.23 million shares of the AEO stock.
Still, SEC filings show that on Jan 18 ’24, MCMILLAN CARY D (Director) disposed off 2,363 shares at an average price of $19.91 for $47050.0. The insider now directly holds 0 shares of American Eagle Outfitters Inc. (AEO).
