American Eagle Outfitters (NYSE:AEO) Posts Quarterly Earnings Results, Beats Estimates By $0.04 EPS

American Eagle Outfitters (NYSE:AEO - Get Free Report) released its earnings results on Wednesday. The apparel retailer reported $0.54 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.50 by $0.04, Zacks reports. American Eagle Outfitters had a net margin of 4.28% and a return on equity of 20.75%. The company had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.60 billion.

American Eagle Outfitters Stock Performance

Shares of NYSE:AEO traded up $0.08 on Friday, hitting $11.06. The stock had a trading volume of 8,813,579 shares, compared to its average volume of 4,647,331. The company has a market capitalization of $2.12 billion, a price-to-earnings ratio of 9.45, a price-to-earnings-growth ratio of 0.82 and a beta of 1.57. The firm's 50 day moving average price is $14.76 and its 200-day moving average price is $17.61. American Eagle Outfitters has a twelve month low of $10.74 and a twelve month high of $26.25.

American Eagle Outfitters Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th. Shareholders of record on Friday, April 11th will be paid a dividend of $0.125 per share. The ex-dividend date of this dividend is Friday, April 11th. This represents a $0.50 annualized dividend and a yield of 4.52%. American Eagle Outfitters's dividend payout ratio is currently 29.76%.

Insider Buying and Selling

In other American Eagle Outfitters news, Director Cary D. Mcmillan sold 2,999 shares of American Eagle Outfitters stock in a transaction on Thursday, January 16th. The stock was sold at an average price of $16.02, for a total value of $48,043.98. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 7.30% of the stock is currently owned by corporate insiders.

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Analyst Ratings Changes

A number of equities research analysts have recently weighed in on AEO shares. BMO Capital Markets reaffirmed a "market perform" rating and set a $15.00 price target (down from $19.00) on shares of American Eagle Outfitters in a research note on Tuesday. Citigroup set a $13.00 target price on shares of American Eagle Outfitters and gave the stock a "neutral" rating in a research report on Tuesday. Telsey Advisory Group dropped their price target on American Eagle Outfitters from $18.00 to $12.00 and set a "market perform" rating on the stock in a research report on Thursday. UBS Group dropped their price objective on shares of American Eagle Outfitters from $32.00 to $28.00 and set a "buy" rating on the stock in a report on Thursday. Finally, JPMorgan Chase & Co. reduced their target price on shares of American Eagle Outfitters from $19.00 to $15.00 and set a "neutral" rating for the company in a research note on Thursday. Eleven equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $16.00.

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.