We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
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) Outperforms Broader Market: What You Need to Know
Read MoreHide Full Article
American Eagle Outfitters (AEO - Free Report) ended the recent trading session at $16.91, demonstrating a +1.5% change from the preceding day's closing price. This change outpaced the S&P 500's 1.46% gain on the day. On the other hand, the Dow registered a gain of 1.24%, and the technology-centric Nasdaq increased by 2.03%.
Shares of the teen clothing retailer have depreciated by 4.03% over the course of the past month, underperforming the Retail-Wholesale sector's gain of 11.7%, and the S&P 500's gain of 10.32%.
The upcoming earnings release of American Eagle Outfitters will be of great interest to investors. The company is expected to report EPS of $0.11, up 137.93% from the prior-year quarter. Meanwhile, the latest consensus estimate predicts the revenue to be $1.18 billion, indicating a 8.52% increase compared to the same quarter of the previous year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $1.76 per share and a revenue of $5.78 billion, representing changes of +17.33% and +5.09%, respectively, from the prior year.
Any recent changes to analyst estimates for American Eagle Outfitters should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.28% downward. As of now, American Eagle Outfitters holds a Zacks Rank of #3 (Hold).
Digging into valuation, American Eagle Outfitters currently has a Forward P/E ratio of 9.48. This expresses a discount compared to the average Forward P/E of 16.05 of its industry.
We can additionally observe that AEO currently boasts a PEG ratio of 1.18. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Retail - Apparel and Shoes stocks are, on average, holding a PEG ratio of 1.36 based on yesterday's closing prices.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 97, which puts it in the top 40% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
American Eagle Outfitters (AEO) Outperforms Broader Market: What You Need to Know
American Eagle Outfitters (AEO - Free Report) ended the recent trading session at $16.91, demonstrating a +1.5% change from the preceding day's closing price. This change outpaced the S&P 500's 1.46% gain on the day. On the other hand, the Dow registered a gain of 1.24%, and the technology-centric Nasdaq increased by 2.03%.
Shares of the teen clothing retailer have depreciated by 4.03% over the course of the past month, underperforming the Retail-Wholesale sector's gain of 11.7%, and the S&P 500's gain of 10.32%.
The upcoming earnings release of American Eagle Outfitters will be of great interest to investors. The company is expected to report EPS of $0.11, up 137.93% from the prior-year quarter. Meanwhile, the latest consensus estimate predicts the revenue to be $1.18 billion, indicating a 8.52% increase compared to the same quarter of the previous year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $1.76 per share and a revenue of $5.78 billion, representing changes of +17.33% and +5.09%, respectively, from the prior year.
Any recent changes to analyst estimates for American Eagle Outfitters should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.28% downward. As of now, American Eagle Outfitters holds a Zacks Rank of #3 (Hold).
Digging into valuation, American Eagle Outfitters currently has a Forward P/E ratio of 9.48. This expresses a discount compared to the average Forward P/E of 16.05 of its industry.
We can additionally observe that AEO currently boasts a PEG ratio of 1.18. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. Retail - Apparel and Shoes stocks are, on average, holding a PEG ratio of 1.36 based on yesterday's closing prices.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 97, which puts it in the top 40% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.