Nomura Reiterates Buy on American Eagle (AEO)
American Eagle opened at 19.60 on Thursday. American Eagle has a 1-year low of $10.00 and a 1-year high of $21.13. The company has a market cap of $3.8 million and a price-to-earnings ratio of 25.45.
American Eagle last released its earnings data on Wednesday, May 23rd. The company reported $0.20 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.20. The company’s quarterly revenue was up 18.0% on a year-over-year basis. Analysts expect that American Eagle will post $0.36 EPS next quarter.
Other equities research analysts have also recently issued reports about the stock. Analysts at Piper Jaffray (NYSE: PJC) raised their price target on shares of American Eagle to $24.00 in a research note to investors on Thursday. They now have an “overweight” rating on the stock. Separately, analysts at Brean Murray upgraded shares of American Eagle to a “buy” rating in a research note to investors on Monday. Finally, analysts at Brean Murray upgraded shares of American Eagle from a “hold” rating to a “buy” rating in a research note to investors on Monday. They now have a $23.00 price target on the stock.
American Eagle Outfitters, Inc. (AEO, Inc) is a specialty retailer that operates in the United Sates and Canada, and online at ae.