American Eagle Outfitters (AEO) to Release Earnings on Wednesday

American Eagle Outfitters (NYSE:AEO - Get Free Report) will likely be issuing its quarterly earnings data after the market closes on Wednesday, March 12th. Analysts expect the company to announce earnings of $0.50 per share and revenue of $1.60 billion for the quarter. Investors interested in listening to the company's conference call can do so using this link.

American Eagle Outfitters (NYSE:AEO - Get Free Report) last released its quarterly earnings results on Wednesday, December 4th. The apparel retailer reported $0.48 earnings per share for the quarter, topping analysts' consensus estimates of $0.46 by $0.02. American Eagle Outfitters had a return on equity of 20.75% and a net margin of 4.28%. The firm had revenue of $1.29 billion during the quarter, compared to analysts' expectations of $1.30 billion. During the same quarter in the prior year, the business earned $0.49 EPS. American Eagle Outfitters's quarterly revenue was down .9% compared to the same quarter last year. On average, analysts expect American Eagle Outfitters to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

American Eagle Outfitters Stock Performance

Shares of NYSE:AEO traded up $0.14 during trading on Wednesday, hitting $12.13. The company's stock had a trading volume of 5,273,665 shares, compared to its average volume of 4,645,240. The company has a market capitalization of $2.33 billion, a PE ratio of 10.36, a PEG ratio of 0.82 and a beta of 1.57. American Eagle Outfitters has a fifty-two week low of $11.66 and a fifty-two week high of $26.44. The stock's 50-day moving average price is $15.46 and its two-hundred day moving average price is $18.11.

American Eagle Outfitters Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 24th. Shareholders of record on Friday, January 10th were given a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.12%. The ex-dividend date was Friday, January 10th. American Eagle Outfitters's payout ratio is 42.74%.

Analysts Set New Price Targets

AEO has been the topic of several recent analyst reports. Jefferies Financial Group cut their price target on shares of American Eagle Outfitters from $22.00 to $19.00 and set a "hold" rating on the stock in a report on Tuesday, November 12th. Morgan Stanley lowered shares of American Eagle Outfitters from an "overweight" rating to an "equal weight" rating and cut their target price for the company from $19.00 to $17.00 in a research note on Wednesday, February 5th. UBS Group decreased their price target on American Eagle Outfitters from $34.00 to $32.00 and set a "buy" rating for the company in a research note on Thursday, December 5th. Raymond James assumed coverage on American Eagle Outfitters in a research note on Friday, December 13th. They set a "market perform" rating on the stock. Finally, StockNews.com upgraded American Eagle Outfitters from a "hold" rating to a "buy" rating in a research report on Tuesday, February 25th. Nine research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $20.44.

Insider Activity

In other news, Director Cary D. Mcmillan sold 2,999 shares of the business's stock in a transaction that occurred on Thursday, January 16th. The stock was sold at an average price of $16.02, for a total transaction of $48,043.98. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 7.30% of the company's stock.

About American Eagle Outfitters

American Eagle Outfitters, Inc operates as a multi-brand specialty retailer in the United States and internationally. The company provides jeans, apparel and accessories, and personal care products for women and men under the American Eagle brand; and intimates, apparel, activewear, and swim collections under the Aerie and OFFLINE by Aerie brands.