A Director Of American Eagle Outfitters Inc. (AEO) Buys 432.0 Shares

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American Eagle Outfitters Inc. (NYSE:AEO) saw a downside of -0.95% to close Tuesday at $15.66 after subtracting -$0.15 on the day. The 5-day average trading volume is 2,779,800 shares of the company’s common stock. It has gained $15.83 in the past week and touched a new high 2 times within the past 5 days. An average of 3,908,605 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 5,074,992.

AEO’s 1-month performance is 9.21% or $1.07 on its low of $13.74 reached on 12/30/22. The company’s shares have touched a 52-week low of $9.46 and high of $24.50, with the stock’s rally to the 52-week high happening on 01/11/23. YTD, AEO has achieved 12.18% or $1.70 and has reached a new high 4 times. However, the current price is down -36.08% from the 52-week high price.

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Insider Transactions

AEO stock investors last saw insider trading activity on Jul 22.McLean Andrew J. (EVP & Chief Commercial Officer) most recently sold 24,958 shares at $18.00 per share on Apr 19. This transaction cost the insider $449,244. EVP & Chief Commercial Officer, McLean Andrew J., sold 6,915 shares at a price of $17.40 on Apr 18. Then, on Mar 18, EVP, Chief Operations Officer Rempell Michael R sold 12,895 shares at a price of $19.12 per share. This transaction amounted to $246,552.

Valuation Metrics

AEO stock has a beta of 1.44. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.58 while the price-to-book (PB) in the most recent quarter is 1.99.

American Eagle Outfitters Inc.’s quick ratio for the period ended July 30 was 0.70, with the current ratio over the same period at 1.90. As well, the company’s long term debt to equity for the quarter ending July 30 was 0.28, while the total debt to equity was 0.28.. In terms of profitability, the gross margin trailing 12 months is 34.50%. The firm’s gross profit as reported stood at $1.99 billion against revenue of $5.01 billion.

Earnings Surprise

For the quarterly period ending July 30 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -87.3% to $81.27 million, while revenue of -$42.47 million was 152.26% off the previous quarter. Analysts expected AEO to announce $0.13 per share in earnings in its latest quarter, but it posted $0.04, representing a -69.20% surprise. EBITDA for the quarter stood at more than $169.95 million. AEO stock balance sheet for the quarter ending July 30 shows that total liabilities totaled 2.21 billion, with total debt at $1.84 billion. Shareholders hold equity totaling $187.41 million.

Let’s look briefly at American Eagle Outfitters Inc. (AEO) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 58.77% to suggest the stock is trending Neutral, with historical volatility in this time period at 47.60%.

The stock’s 5-day moving average is $15.24, reflecting a +1.29% or $0.20 change from its current price. AEO is currently trading +8.52% above its 20-day SMA, +33.05% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +44.33% and SMA200 by-0.38%.

Stochastic %K and %D was 73.86% and 62.63% and the average true range (ATR) pointed at 0.59. The RSI (14) points at 57.73%, while the 14-day stochastic is at 78.15% with the period’s ATR at 0.60. The stock’s 9-day MACD Oscillator is pointing at 0.03 and 0.16 on the 14-day charts.

Analyst Ratings

Analysts offering their rating for AEO stock have a consensus rating for the stock as Hold. Currently, 1 brokerage advisors rate AEO as a “sell,”, while 6 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 1 rates the stock as overweight while 3 have offered a “buy” rating.

What is AEO’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $12.00 and a high of $22.00, with their median price target at $17.00. Looking at these predictions, the average price target given by analysts is for American Eagle Outfitters Inc. (AEO) stock is $16.27.

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