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) Stock Declines While Market Improves: Some Information for Investors
Read MoreHide Full Article
American Eagle Outfitters (AEO - Free Report) closed at $16.69 in the latest trading session, marking a -1.07% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 0.32%. At the same time, the Dow added 0.3%, and the tech-heavy Nasdaq gained 0.66%.
Heading into today, shares of the teen clothing retailer had lost 5.06% over the past month, lagging the Retail-Wholesale sector's gain of 6.06% and the S&P 500's gain of 3.34%.
The upcoming earnings release of American Eagle Outfitters will be of great interest to investors. The company's earnings per share (EPS) are projected to be $0.21, reflecting a 53.33% decrease from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $1.37 billion, reflecting a 6.48% rise from the equivalent quarter last year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $1.76 per share and a revenue of $5.81 billion, representing changes of +17.33% and +5.66%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for American Eagle Outfitters. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. American Eagle Outfitters is currently a Zacks Rank #2 (Buy).
Looking at valuation, American Eagle Outfitters is presently trading at a Forward P/E ratio of 9.58. Its industry sports an average Forward P/E of 15.59, so one might conclude that American Eagle Outfitters is trading at a discount comparatively.
It is also worth noting that AEO currently has a PEG ratio of 3.68. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The average PEG ratio for the Retail - Apparel and Shoes industry stood at 1.21 at the close of the market yesterday.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 78, which puts it in the top 32% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in 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.
Image: Bigstock
American Eagle Outfitters (AEO) Stock Declines While Market Improves: Some Information for Investors
American Eagle Outfitters (AEO - Free Report) closed at $16.69 in the latest trading session, marking a -1.07% move from the prior day. The stock's performance was behind the S&P 500's daily gain of 0.32%. At the same time, the Dow added 0.3%, and the tech-heavy Nasdaq gained 0.66%.
Heading into today, shares of the teen clothing retailer had lost 5.06% over the past month, lagging the Retail-Wholesale sector's gain of 6.06% and the S&P 500's gain of 3.34%.
The upcoming earnings release of American Eagle Outfitters will be of great interest to investors. The company's earnings per share (EPS) are projected to be $0.21, reflecting a 53.33% decrease from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $1.37 billion, reflecting a 6.48% rise from the equivalent quarter last year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $1.76 per share and a revenue of $5.81 billion, representing changes of +17.33% and +5.66%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for American Eagle Outfitters. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. American Eagle Outfitters is currently a Zacks Rank #2 (Buy).
Looking at valuation, American Eagle Outfitters is presently trading at a Forward P/E ratio of 9.58. Its industry sports an average Forward P/E of 15.59, so one might conclude that American Eagle Outfitters is trading at a discount comparatively.
It is also worth noting that AEO currently has a PEG ratio of 3.68. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The average PEG ratio for the Retail - Apparel and Shoes industry stood at 1.21 at the close of the market yesterday.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 78, which puts it in the top 32% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in 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.