American Eagle Outfitters (NYSE:AEO) Sets New 1-Year Low - Should You Sell?

American Eagle Outfitters, Inc. (NYSE:AEO - Get Free Report) shares reached a new 52-week low on Monday . The stock traded as low as $16.20 and last traded at $16.20, with a volume of 14847 shares traded. The stock had previously closed at $16.46.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on AEO. Raymond James started coverage on shares of American Eagle Outfitters in a research note on Friday, December 13th. They set a "market perform" rating on the stock. JPMorgan Chase & Co. restated a "neutral" rating and set a $23.00 target price (down previously from $27.00) on shares of American Eagle Outfitters in a research report on Wednesday, December 4th. Jefferies Financial Group cut their price target on American Eagle Outfitters from $22.00 to $19.00 and set a "hold" rating for the company in a report on Tuesday, November 12th. Barclays dropped their price objective on American Eagle Outfitters from $26.00 to $22.00 and set an "overweight" rating on the stock in a report on Friday, December 6th. Finally, Telsey Advisory Group reduced their target price on American Eagle Outfitters from $23.00 to $20.00 and set a "market perform" rating for the company in a report on Thursday, December 5th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $22.40.

American Eagle Outfitters Trading Down 0.4 %

The stock has a market cap of $3.15 billion, a PE ratio of 14.02, a PEG ratio of 1.12 and a beta of 1.51. The firm has a fifty day simple moving average of $18.31 and a two-hundred day simple moving average of $19.85.

American Eagle Outfitters (NYSE:AEO - Get Free Report) last posted its quarterly earnings data on Wednesday, December 4th. The apparel retailer reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.02. American Eagle Outfitters had a net margin of 4.28% and a return on equity of 20.75%. The company had revenue of $1.29 billion for the quarter, compared to analysts' expectations of $1.30 billion. During the same period in the prior year, the business earned $0.49 earnings per share. American Eagle Outfitters's revenue for the quarter was down .9% compared to the same quarter last year. Equities analysts forecast that American Eagle Outfitters, Inc. will post 1.69 earnings per share for the current year.

American Eagle Outfitters Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 24th. Stockholders of record on Friday, January 10th will be issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.05%. The ex-dividend date is Friday, January 10th. American Eagle Outfitters's dividend payout ratio is currently 42.74%.

Insider Activity at American Eagle Outfitters

In related news, Director Cary D. Mcmillan sold 2,283 shares of the stock in a transaction dated Wednesday, October 16th. The stock was sold at an average price of $21.49, for a total transaction of $49,061.67. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Jennifer M. Foyle sold 30,000 shares of the firm's stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $21.79, for a total value of $653,700.00. Following the transaction, the insider now owns 200,427 shares in the company, valued at approximately $4,367,304.33. The trade was a 13.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 7.30% of the stock is owned by insiders.

Institutional Trading of American Eagle Outfitters

Several hedge funds and other institutional investors have recently bought and sold shares of AEO. Kathleen S. Wright Associates Inc. bought a new stake in shares of American Eagle Outfitters in the third quarter worth about $32,000. Advisors Asset Management Inc. grew its position in shares of American Eagle Outfitters by 171.1% in the 3rd quarter. Advisors Asset Management Inc. now owns 2,548 shares of the apparel retailer's stock worth $57,000 after buying an additional 1,608 shares during the last quarter. nVerses Capital LLC bought a new stake in shares of American Eagle Outfitters in the 2nd quarter worth approximately $108,000. Picton Mahoney Asset Management purchased a new position in shares of American Eagle Outfitters during the second quarter valued at approximately $140,000. Finally, Meeder Asset Management Inc. bought a new position in shares of American Eagle Outfitters during the third quarter valued at approximately $141,000. Institutional investors own 97.33% of the company's stock.

American Eagle Outfitters Company Profile

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.