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American Eagle Outfitters Inc. (AEO) Is Now En Route to Higher Prices

American Eagle Outfitters Inc. (NYSE: AEO) is -3.17% lower on its value in year-to-date trading and has touched a low of $14.75 and a high of $26.44 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AEO stock was last observed hovering at around $20.26 in the last trading session, with the day’s gains setting it 0.23%.

Currently trading at $20.49, the stock is 2.02% and -0.89% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.03 million and changing 1.14% at the moment leaves the stock -6.02% off its SMA200. AEO registered 36.78% gain for a year compared to 6-month loss of -16.30%. The firm has a 50-day simple moving average (SMA 50) of $20.6754 and a 200-day simple moving average (SMA200) of $21.8055.

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The stock witnessed a -7.58% gain in the last 1 month and extending the period to 3 months gives it a -1.01%, and is 5.67% 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 3.07% over the week and 3.64% over the month.

American Eagle Outfitters Inc. (AEO) has around 43100 employees, a market worth around $3.94B and $5.41B in sales. Current P/E ratio is 16.44 and Fwd P/E is 10.58. Profit margin for the company is 4.58%. Distance from 52-week low is 38.92% and -22.50% from its 52-week high. The company has generated returns on investments over the last 12 months (9.15%).

The EPS is expected to grow by 18.05% this year.

American Eagle Outfitters Inc. (AEO) Top Institutional Holders

496.0 institutions hold shares in American Eagle Outfitters Inc. (AEO), with institutional investors hold 112.17% of the company’s shares. The shares outstanding are 196.94M, and float is at 175.85M with Short Float at 8.60%. Institutions hold 105.33% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 28.93 million shares valued at $577.45 million. The investor’s holdings represent 14.7281% of the AEO Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 20.9 million shares valued at $417.21 million to account for 10.6413 of the shares outstanding. The other top investors are FMR LLC which holds 20.41 million shares representing 10.3894% and valued at over $407.34 million, while DIMENSIONAL FUND ADVISORS LP holds 5.1497 of the shares totaling 10.12 million with a market value of $201.9 million.

American Eagle Outfitters Inc. (AEO) Insider Activity

The most recent transaction is an insider sale by SCHOTTENSTEIN JAY L, the company’s Exec Chairman & CEO. SEC filings show that SCHOTTENSTEIN JAY L sold 999,999 shares of the company’s common stock on Sep 19 ’24 at a price of $20.04 per share for a total of $20.04 million. Following the sale, the insider now owns 0.0 shares.

Still, SEC filings show that on Sep 19 ’24, SCHOTTENSTEIN JAY L (Officer) Proposed Sale 199,452 shares at an average price of $20.04 for $4.0 million. The insider now directly holds shares of American Eagle Outfitters Inc. (AEO).

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