American Eagle profit misses estimates on high discounting (AEO)

AEO Q1 2017 Earnings 3

American Eagle profit misses estimates on high discounting (AEO)

Oppenheimer Holdings now has a "Hold" rating and a $15.00 target price on the stock. Price Target plays a critical role when it comes to the analysis of a Stock. Share performance for the month is now at -17.33%. Its last 5-Year EPS growth stands at 5.30%; with earnings growth of -29.70% yoy. The firm's revenue for the quarter was up 1.7% compared to the same quarter previous year.

Growth in earnings per share is everything.

Taking a look back at some historical performance numbers for American Eagle Outfitters, Inc. Oppenheimer Holdings also issued estimates for American Eagle Outfitters' Q3 2018 earnings at $0.39 EPS, Q4 2018 earnings at $0.38 EPS and FY2018 earnings at $1.10 EPS.

Excluding certain items, the company earned 16 cents per share in the quarter, missing analysts' average estimate of 17 cents, according to Thomson Reuters I/B/E/S.

In terms of Buy, Sell or Hold recommendations, American Eagle Outfitters (NYSE:AEO) has analysts' mean recommendation of 2.8. Looking further, American Eagle Outfitters, Inc. has a Gross Margin score of 14. During the year the lowest point at which share traded is $10.91 and hit the highest point at $19.55.

The company's expected revenue in the current quarter to be 825.93 Million, seeing a projected current quarter growth of -21.7%, and per annum growth estimates over the next 5 year period of around -1.65%. Many equity investors may be wondering if the stock markets will find renewed energy and continue higher, or if a major correction is on the horizon. The firm's 50-day moving average is $13.59 and its 200-day moving average is $15.22. Vetr lowered American Eagle Outfitters from a "strong-buy" rating to a "buy" rating and set a $16.67 price objective for the a research report on Thursday, March 2nd. The firm has a market cap of $1.94 billion, a P/E ratio of 10.02 and a beta of 0.91.

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Currently American Eagle Outfitters (NYSE:AEO)'s shares owned by insiders are 0.8%, whereas shares owned by institutional owners are 95.5%.

The business also recently declared a quarterly dividend, which was paid on Friday, April 21st.

In the 1 Q, the company had charges totaling $5.40M, about $0.02 per share, consisting mainly of severance and related charges corresponding to home office restructuring and the formerly declared program to explore the closure or conversion of company owned and operated stores in Hong Kong, China, and the United Kingdom to licensed partnerships. The legal version of this article can be viewed at If you are reading this story on another site, it was stolen and republished in violation of USA & global trademark & copyright laws. Zooming in closer, company stock has been -27.11% for the quarter, -17.33% over the past month, and -20.58% over the past week.

Institutional investors have recently added to or reduced their stakes in the stock. Stockholders of record on Friday, April 7th were issued a $0.125 dividend. Finally, Oak Ridge Investments LLC purchased a new position in shares of American Eagle Outfitters during the third quarter valued at about $60,841,000. The ex-dividend date was Wednesday, April 5th.

For the past 5 years, American Eagle Outfitters, Inc.'s EPS growth has been almost 5.3%. The company had a trading volume of 4,210,627 shares. A rating of 4 or 5 would indicate a consensus Sell.

In fiscal 2017, the company plans to open a total of thirty five American Eagle Outfitters and Aerie stores throughout the U.S., Canada and Mexico. Buckingham Research initiated coverage on shares of American Eagle Outfitters in a research report on Tuesday, January 24th. Finally, Arrowstreet Capital Limited Partnership acquired a new position in Urban Outfitters during the fourth quarter valued at $69,571,000. The company's 52-week range is $10.91 to $19.08.

SNDX stock is rallying today, after the company announced positive trial results for its lead drug entinostat in combination with Merck's Keytruda, and will now advance to the next stage of the study.

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