American Eagle Outfitters Inc. (NYSE: AEO): On Track To A Higher Share Price

American Eagle Outfitters Inc. (NYSE:AEO) shares, rose in value on Thursday, April 25, with the stock price up by 0.88% to the previous day’s close as strong demand from buyers drove the stock to $22.83.

Actively observing the price movement in the recent trading, the stock is buoying the session at $22.63. The PE ratio was 26.52 over 12-month period. Referring to stock’s 52-week performance, its high was $26.44, and the low was $9.95. On the whole, AEO has fluctuated by -7.76% over the past month.

The company’s Forward Dividend Ratio is 0.45, with its dividend yield at 1.97%.

Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 5.44B, with a low estimate of 1.14B and a high estimate of 1.16B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.15B.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that AEO’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.

The stock’s technical analysis shows that the PEG ratio is about 2.50, with the price of AEO currently trading nearly -4.09% and -3.17% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 44.35, while the 7-day volatility ratio is showing 2.96% which for the 30-day chart, stands at 3.01%. Furthermore, American Eagle Outfitters Inc. (AEO)’s beta value is 1.59, and its average true range (ATR) is 0.77.

A comparison of American Eagle Outfitters Inc. (AEO) with its peers suggests the former has fared considerably weaker in the market. AEO showed an intraday change of 0.88% in today’s session so far, and over the past year, it grew by 76.57%%.

Data on historical trading for American Eagle Outfitters Inc. (NYSE:AEO) indicates that the trading volumes over the past 3 months, they’ve averaged 4.52 million. According to company’s latest data on outstanding shares, there are 196.94 million shares outstanding.

Nearly 8.42% of American Eagle Outfitters Inc.’s shares belong to company insiders and institutional investors own 98.44% of the company’s shares. The stock has risen by 7.89% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the AEO stock heading into the next quarter.

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