American Eagle Outfitters Inc. (NYSE:AEO) concluded the trading at $24.84 on Wednesday, March 20 with a rise of 4.99% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $23.66 and 5Y monthly beta was reading 1.58. Company’s P/E ratio for the trailing 12 months is 28.86. Considering stock’s 52-week price range provides that AEO hit a high price of $26.44 and saw its price falling to a low level of $9.95 during that period. Over a period of past 1-month, stock came adding 13.42% in its value.
With its current market valuation of $4.91 billion, American Eagle Outfitters Inc. is set to declare its quarterly results on May 22, 2024 – May 27, 2024. AEO Stock’s Forward Dividend of 0.42 and its yield of 1.71% are making investors’ thoughts stronger that it could climb further before the company announces its earnings for the current quarter. Analysts are in estimates of $0.26 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to $1.72 for 2025 with estimates of that growing to $1.92 in next year. These estimates are suggesting current year growth of 13.20% for EPS and 11.60% growth next year.
Analysts watching the company’s growth closely have provided estimates for its revenue growth with an average revenue estimate of $1.14 billion. They suggested that in the process company could generate revenue of as low as $1.09 billion which could climb up to $1.16 billion to hit a high. In keeping analyst consensus estimate with, company is forecasted to be making an annual revenue of $5.44 billion in 2025, which will be 3.30% more from revenue generated by the company last year.
In last 7 days, analysts came adjusting their opinions about stock’s EPS with 4 upward and no downward revisions, an indication which could give clearer idea about the company’s short term price movement. In contrast, when we review AEO stock’s current outlook then short term indicators are assigning it an average of 100% Buy, while medium term indicators are categorizing the stock at an average of 100% Buy. Long term indicators are suggesting an average of 100% Buy for it.
Digging deeper we become aware of the PEG ratio of the AEO stock which is currently positioned at 2.72. It further provides that stock’s current price level is 6.50% away from its 20-day simple moving average and is 13.21% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 68.49 while volatility remained at 3.62% over the past week which changes to 3.92% when measuring it over the past month. Beta is valued at 1.57, while measure of average true range or ATR is currently at 0.89.
Having a second look at American Eagle Outfitters Inc. (NYSE:AEO) provides that stock’s average daily trading volume for 3 months was 4.42 million, while it jumped to 6.5 million when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 196.94 million.
The percentage of outstanding shares held by the insiders is 8.40% while it is 98.25% for the institutional holders. The figures also indicate that as of Feb 29, 2024, number of stock’s short shares was 14.44 million which implies a short ratio of 4.02. This shows down a 7.31% of Short Interest in company’s outstanding shares on the day. In February the standing of shares short improved as it was 15.27 million in the previous month. Addition of 17.39% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
