American Eagle Outfitters Inc. (NYSE: AEO) has reported E.P.S. of $0.34 for its first fiscal quarter (ending April 30) versus $0.09 for the same period a year ago. For the latest four quarters through April 30, E.P.S. were $1.12 versus $0.58 for the same period a year ago.
Recent Price Action
American Eagle Outfitters Inc. (NYSE: AEO) stock rose modestly by 0.6% on 5/29/24. The stock closed at $24.05. Moreover, this advance was accompanied by unusually high trading volume at 157% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 1.5% during the last week.
Current PriceTarget Research Rating
AEO is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
American Eagle Outfitters has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. American Eagle Outfitters has a poor Appreciation Score of 24 but a very high Power Rating of 88, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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