We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
American Eagle Outfitters (AEO) Stock Sinks As Market Gains: What You Should Know
Read MoreHide Full Article
American Eagle Outfitters (AEO - Free Report) closed the most recent trading day at $26.49, moving -0.11% from the previous trading session. This change lagged the S&P 500's daily gain of 0.42%.
Heading into today, shares of the teen clothing retailer had gained 9.81% over the past month, outpacing the Retail-Wholesale sector's gain of 6.5% and the S&P 500's gain of 7.03% in that time.
AEO will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $0.60, up 71.43% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $1.23 billion, up 19.22% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $2.20 per share and revenue of $4.96 billion, which would represent changes of +1000% and +32.02%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for AEO. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. AEO is currently a Zacks Rank #3 (Hold).
In terms of valuation, AEO is currently trading at a Forward P/E ratio of 12.04. This valuation marks a discount compared to its industry's average Forward P/E of 12.99.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 150, putting it in the bottom 41% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
American Eagle Outfitters (AEO) Stock Sinks As Market Gains: What You Should Know
American Eagle Outfitters (AEO - Free Report) closed the most recent trading day at $26.49, moving -0.11% from the previous trading session. This change lagged the S&P 500's daily gain of 0.42%.
Heading into today, shares of the teen clothing retailer had gained 9.81% over the past month, outpacing the Retail-Wholesale sector's gain of 6.5% and the S&P 500's gain of 7.03% in that time.
AEO will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $0.60, up 71.43% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $1.23 billion, up 19.22% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $2.20 per share and revenue of $4.96 billion, which would represent changes of +1000% and +32.02%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for AEO. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. AEO is currently a Zacks Rank #3 (Hold).
In terms of valuation, AEO is currently trading at a Forward P/E ratio of 12.04. This valuation marks a discount compared to its industry's average Forward P/E of 12.99.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 150, putting it in the bottom 41% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.