American Eagle Outfitters (AEO) Sees Significant Decline in Short Interest

Marco Green
May 13, 2017

American Eagle Outfitters (NYSE:AEO) has insider ownership of 5.80% and institutional ownership of 95.68%. They now have a $15.00 price target on the stock, up previously from $18.00.

Several other research analysts also recently commented on AEO. SunTrust Banks, Inc. reaffirmed a "buy" rating on shares of American Eagle Outfitters in a research note on Saturday, April 1st.

Cubic Asset Management Llc holds 0.24% of its portfolio in Harvest Capital Credit Corp for 56,225 shares.

03/01/2017 - American Eagle Outfitters, Inc. had its "neutral" rating reiterated by analysts at Mizuho. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and eleven have issued a buy rating to the stock. (TSE:CS), 8 have Buy rating, 0 Sell and 3 Hold. Also, the Hold rating count is 1, as of 09 May 2017.

Investors and Traders continue to monitor technical levels of shares of American Eagle Outfitters, Inc. Based on an average daily trading volume, of 4,609,389 shares, the days-to-cover ratio is now 6.0 days. The Illinois-based Equitec Specialists Llc has invested 0.02% in the stock. The firm has a 50-day moving average price of $13.86 and a 200 day moving average price of $15.53. American Eagle Outfitters (NYSE:AEO) has declined 19.86% since September 29, 2016 and is downtrending. Wolfe Research maintained American Eagle Outfitters (NYSE:AEO) rating on Monday, January 11. Sure, the percentage is encouraging but more headwinds are coming as looking out over a next 5-year period, analysts expect the company to see its earnings go down by -0.2%, annually. The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.11 billion. The Firm offers a range of apparel and accessories for men and women under the American Eagle Outfitters Brand (AEO Brand), and intimates, apparel and personal care products for women under the Aerie brand. The firm's revenue for the quarter was down.8% compared to the same quarter a year ago. The company beat the analyst EPS Estimate with the difference of $0.01. (AEO). Average true range (ATR-14) of the company is at 0.38. It fall, as 7 investors sold Cnova NV shares while 5 reduced holdings. JP Morgan upgraded the stock to "Overweight" rating in Wednesday, April 13 report. This represents a $0.50 dividend on an annualized basis and a dividend yield of 3.53%. American Eagle Outfitters had a return on equity of 21.77% and a net margin of 6.62%.

Going from the most bullish analyst price target to below consensus is one thing. If you are accessing this report on another website, it was copied illegally and reposted in violation of US and worldwide copyright & trademark legislation. Compass Point upgraded the shares of CACC in report on Tuesday, November 10 to "Neutral" rating.

On 8/30/2016 American Eagle Outfitters announced a quarterly dividend of $0.13 2.7% with an ex dividend date of 10/5/2016 which will be payable on 10/21/2016.

Pepsico, Inc. (NYSE:PEP), maintained return on investment for the last twelve months at 12.77, higher than what Reuters data shows regarding industry's average. SG Americas Securities LLC raised its position in shares of American Eagle Outfitters by 106.9% in the first quarter. HCAP's profit will be $2.55M for 8.40 P/E if the $0.40 EPS becomes a reality. Texas Permanent School Fund now owns 130,158 shares of the apparel retailer's stock valued at $2,325,000 after buying an additional 2,908 shares during the period. Dimensional Fund Advisors LP raised its position in American Eagle Outfitters by 14.1% in the fourth quarter. Buckingham Research initiated American Eagle Outfitters (NYSE:AEO) on Wednesday, January 25 with "Neutral" rating.

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