Alert: Positive Investment/Fundamental Signals (10/1/24)-American Eagle Outfitters Inc. (NYSE: AEO)

out_logo_500#23592.jpg

Extremely important positive changes in investment behavior have recently occurred for American Eagle Outfitters Inc. (NYSE: AEO): the stock’s recent price rise disrupted its longer term downtrend, its longer term price trend turned up, and its shorter term price trend turned up.

American Eagle Outfitters Inc. (NYSE: AEO). Slight positive changes in fundamentals have recently occurred: significant quarterly earnings acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.

out_mm#23592.jpg

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 D (Negative). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. American Eagle Outfitters has a slightly negative Power Rating of 34 and a poor Appreciation Score of 29, and the Negative Value Trend Rating results.

Recent Price Action

American Eagle Outfitters Inc. (NYSE: AEO) stock closed at $21.90 on 10/1/24 after a decline of -2.2%. NORMAL trading volume accompanied the decline. The stock has been weak relative to the market over the last nine months but has risen 8.1% during the last week.

Be the first to comment

Leave a Reply

Your email address will not be published.


*