American Eagle Outfitters (NYSE:AEO) – Investment analysts at B. Riley lifted their Q3 2020 earnings estimates for American Eagle Outfitters in a research report issued to clients and investors on Thursday, August 15th. B. Riley analyst S. Anderson now expects that the apparel retailer will post earnings per share of $0.63 for the quarter, up from their prior estimate of $0.56. B. Riley also issued estimates for American Eagle Outfitters’ FY2020 earnings at $1.61 EPS and FY2021 earnings at $1.80 EPS.
American Eagle Outfitters (NYSE:AEO) last announced its quarterly earnings data on Wednesday, June 5th. The apparel retailer reported $0.24 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.21 by $0.03. The firm had revenue of $886.29 million for the quarter, compared to analyst estimates of $855.55 million. American Eagle Outfitters had a return on equity of 20.80% and a net margin of 6.41%. American Eagle Outfitters’s quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.23 earnings per share.
American Eagle Outfitters stock opened at $15.84 on Monday. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.76 and a current ratio of 1.46. The firm has a market capitalization of $2.65 billion, a price-to-earnings ratio of 10.70, a price-to-earnings-growth ratio of 1.47 and a beta of 0.96. American Eagle Outfitters has a fifty-two week low of $14.52 and a fifty-two week high of $29.88. The stock’s fifty day moving average is $16.81 and its two-hundred day moving average is $19.49.
Large investors have recently modified their holdings of the company. Federated Investors Inc. PA lifted its position in shares of American Eagle Outfitters by 64.6% in the first quarter. Federated Investors Inc. PA now owns 666,542 shares of the apparel retailer’s stock valued at $14,777,000 after acquiring an additional 261,578 shares in the last quarter. Lombard Odier Asset Management USA Corp purchased a new stake in shares of American Eagle Outfitters in the first quarter valued at $2,771,000. Kennedy Capital Management Inc. lifted its position in shares of American Eagle Outfitters by 1.7% in the first quarter. Kennedy Capital Management Inc. now owns 457,433 shares of the apparel retailer’s stock valued at $10,141,000 after acquiring an additional 7,745 shares in the last quarter. Valeo Financial Advisors LLC lifted its position in shares of American Eagle Outfitters by 693.1% in the second quarter. Valeo Financial Advisors LLC now owns 3,680 shares of the apparel retailer’s stock valued at $62,000 after acquiring an additional 3,216 shares in the last quarter. Finally, FNY Investment Advisers LLC purchased a new stake in shares of American Eagle Outfitters in the first quarter valued at $66,000. Institutional investors and hedge funds own 93.43% of the company’s stock.
The company also recently announced a quarterly dividend, which was paid on Friday, July 26th. Shareholders of record on Friday, July 12th were issued a $0.1375 dividend. This represents a $0.55 annualized dividend and a yield of 3.47%. The ex-dividend date was Thursday, July 11th. American Eagle Outfitters’s dividend payout ratio (DPR) is 37.16%.
American Eagle Outfitters Company Profile
American Eagle Outfitters, Inc operates as a specialty retailer that provides clothing, accessories, and personal care products under the American Eagle and Aerie brands. The company also provides jeans, and other apparel and accessories for men and women; and intimates, activewear, and swim collections, as well as personal care products for women.
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