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American Eagle Outfitters (AEO) Dips More Than Broader Market: What You Should Know
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American Eagle Outfitters (AEO - Free Report) closed at $17.78 in the latest trading session, marking a -1.6% move from the prior day. The stock fell short of the S&P 500, which registered a loss of 0.02% for the day. Elsewhere, the Dow saw a downswing of 0.35%, while the tech-heavy Nasdaq depreciated by 0.15%.
Shares of the teen clothing retailer witnessed a gain of 17.11% over the previous month, beating the performance of the Retail-Wholesale sector with its gain of 0.63%, and the S&P 500's gain of 2.05%.
Investors will be eagerly watching for the performance of American Eagle Outfitters in its upcoming earnings disclosure. The company is predicted to post an EPS of $0.49, indicating a 7.55% decline compared to the equivalent quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $1.46 billion, showing a 6.83% escalation compared to the year-ago quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $2.24 per share and revenue of $5.86 billion, indicating changes of +49.33% and +6.63%, respectively, compared to the previous year.
It's also important for investors to be aware of any recent modifications to analyst estimates for American Eagle Outfitters. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 3.16% higher. American Eagle Outfitters presently features a Zacks Rank of #3 (Hold).
From a valuation perspective, American Eagle Outfitters is currently exchanging hands at a Forward P/E ratio of 8.08. This indicates a discount in contrast to its industry's Forward P/E of 14.06.
Meanwhile, AEO's PEG ratio is currently 4.12. 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. AEO's industry had an average PEG ratio of 1.16 as of yesterday's close.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 169, positioning it in the bottom 32% 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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
View the Zacks #1 Rank List
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American Eagle Outfitters (AEO) Dips More Than Broader Market: What You Should Know
American Eagle Outfitters (AEO - Free Report) closed at $17.78 in the latest trading session, marking a -1.6% move from the prior day. The stock fell short of the S&P 500, which registered a loss of 0.02% for the day. Elsewhere, the Dow saw a downswing of 0.35%, while the tech-heavy Nasdaq depreciated by 0.15%.
Shares of the teen clothing retailer witnessed a gain of 17.11% over the previous month, beating the performance of the Retail-Wholesale sector with its gain of 0.63%, and the S&P 500's gain of 2.05%.
Investors will be eagerly watching for the performance of American Eagle Outfitters in its upcoming earnings disclosure. The company is predicted to post an EPS of $0.49, indicating a 7.55% decline compared to the equivalent quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $1.46 billion, showing a 6.83% escalation compared to the year-ago quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $2.24 per share and revenue of $5.86 billion, indicating changes of +49.33% and +6.63%, respectively, compared to the previous year.
It's also important for investors to be aware of any recent modifications to analyst estimates for American Eagle Outfitters. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 3.16% higher. American Eagle Outfitters presently features a Zacks Rank of #3 (Hold).
From a valuation perspective, American Eagle Outfitters is currently exchanging hands at a Forward P/E ratio of 8.08. This indicates a discount in contrast to its industry's Forward P/E of 14.06.
Meanwhile, AEO's PEG ratio is currently 4.12. 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. AEO's industry had an average PEG ratio of 1.16 as of yesterday's close.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 169, positioning it in the bottom 32% 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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.