American Eagle Outfitters Inc. (NYSE:AEO) saw an upside of 2.10% to $15.30 after adding $0.32 on Monday. The 5-day average trading volume is 4,075,438 shares of the company’s common stock. It has gained $15.36 in the past week and touched a new high 5 times within the past 5 days. An average of 5,714,899 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 4,690,244.
AEO’s 1-month performance is -3.50% or -$0.52 on its low of $14.39 reached on 09/19/23. The company’s shares have touched a 52-week low of $9.46 and high of $17.53, with the stock’s rally to the 52-week high happening on 09/07/23. YTD, AEO has achieved 9.56% or $1.34 and has reached a new high 11 times. However, the current price is down -12.75% from the 52-week high price.
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Insider Transactions
AEO stock investors last saw insider trading activity on Apr 10.Rempell Michael R (EVP, Chief Operations Officer) most recently sold 2,967 shares at $13.56 per share on Apr 10. This transaction cost the insider $40,233. EVP, Chief Operations Officer, Rempell Michael R, sold 5,761 shares at a price of $13.33 on Mar 31. Then, on Mar 27, EVP, Chief Operations Officer Rempell Michael R sold 12,510 shares at a price of $13.13 per share. This transaction amounted to $164,256.
Valuation Metrics
AEO stock has a beta of 1.52. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.60 while the price-to-book (PB) in the most recent quarter is 1.81, with the price to cash flow ratio at 3.79.
American Eagle Outfitters Inc.’s quick ratio for the period ended July 30 was 0.74, with the current ratio over the same period at 1.58. As well, the company’s long term debt to equity for the quarter ending July 30 was 0.58, while the total debt to equity was 0.77. In terms of profitability, the gross margin trailing 12 months is 32.47%. The trailing 12-month EBITDA margin is 9.75% while for the period ending July 30, American Eagle Outfitters Inc.’s operating margin was 6.43%. The firm’s gross profit as reported stood at $1.75 billion against revenue of $4.99 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 grew 187.44% to $48.57 million, while revenue of $18.45 million was 62.01% off the previous quarter. Analysts expected AEO to announce $0.16 per share in earnings in its latest quarter, but it posted $0.25, representing a 56.20% surprise. EBITDA for the quarter stood at more than $122.65 million. AEO stock balance sheet for the quarter ending July 30 shows that total liabilities totaled 1.76 billion, with total debt at $1.28 billion. Shareholders hold equity totaling $197.48 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 22 September was 48.70% to suggest the stock is trending Neutral, with historical volatility in this time period at 46.55%.
The stock’s 5-day moving average is $14.83, reflecting a +5.63% or $0.82 change from its current price. AEO is currently trading -3.26% above its 20-day SMA, +19.77% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +23.35% and SMA200 by-1.89%.
Stochastic %K and %D was 20.01% and 13.32% and the average true range (ATR) pointed at 0.52. The RSI (14) points at 48.84%, while the 14-day stochastic is at 28.82% with the period’s ATR at 0.52. The stock’s 9-day MACD Oscillator is pointing at 0.10 and -0.39 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for American Eagle Outfitters Inc. (NYSE: AEO), Barclays upgraded it to an Overweight rating. They previously had an Equal weight rating on the stock. 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 8 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 1 rates the stock as overweight while 2 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 $12.50 and a high of $24.00, 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 $17.29.
