why American Eagle Outfitters Inc. [AEO] is a Good Choice for Investors After New Price Target of $15.27

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American Eagle Outfitters Inc. [NYSE: AEO] jumped around 0.6 points on Wednesday, while shares priced at $12.31 at the close of the session, up 5.12%. The company report on August 2, 2022 that Quiet Platforms Launches Partnership with DHL eCommerce Solutions to Offer Scheduled Delivery Service.


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New Date-Definitive Delivery Service Will Be Available to 93% of ZIP Codes Across Quiet Platforms’ Nationwide Network.

Quiet Platforms, a wholly owned subsidiary of American Eagle Outfitters Inc. (NYSE: AEO), today announced that it has launched a partnership with global logistics leader DHL eCommerce Solutions to offer a new delivery service available exclusively to retailers and brands in the Quiet Platforms network. The date-definitive delivery service is slated to reach 93% of postal codes across Quiet Platforms’ national network without requiring any custom integration or lengthy setup. Under the partnership, the two companies will also collaborate to develop new delivery services for future rollout.

American Eagle Outfitters Inc. stock is now -51.38% down from its year-to-date (YTD) trading value. AEO Stock saw the intraday high of $12.37 and lowest of $11.75 per share. The company’s 52-week high price is 35.62, which means current price is +13.77% above from all time high which was touched on 01/03/22.

Compared to the average trading volume of 7.41M shares, AEO reached a trading volume of 4098223 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about American Eagle Outfitters Inc. [AEO]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AEO shares is $15.27 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AEO stock is a recommendation set at 2.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Cowen have made an estimate for American Eagle Outfitters Inc. shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on August 01, 2022. The new note on the price target was released on July 26, 2022, representing the official price target for American Eagle Outfitters Inc. stock. Previously, the target price had yet another drop from $22 to $13, while B. Riley Securities kept a Neutral rating on AEO stock. On May 31, 2022, analysts decreased their price target for AEO shares from 22 to 8.

The Average True Range (ATR) for American Eagle Outfitters Inc. is set at 0.57, with the Price to Sales ratio for AEO stock in the period of the last 12 months amounting to 0.40. The Price to Book ratio for the last quarter was 1.50, with the Price to Cash per share for the same quarter was set at 1.40.

How has AEO stock performed recently?

American Eagle Outfitters Inc. [AEO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.85. With this latest performance, AEO shares gained by 5.76% in over the last four-week period, additionally sinking by -47.05% over the last 6 months – not to mention a drop of -64.18% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AEO stock in for the last two-week period is set at 53.74, with the RSI for the last a single of trading hit 57.36, and the three-weeks RSI is set at 50.58 for American Eagle Outfitters Inc. [AEO]. The present Moving Average for the last 50 days of trading for this stock 12.10, while it was recorded at 12.03 for the last single week of trading, and 19.07 for the last 200 days.

American Eagle Outfitters Inc. [AEO]: Deeper insight into the fundamentals

American Eagle Outfitters Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 1.70.

Earnings analysis for American Eagle Outfitters Inc. [AEO]

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AEO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for American Eagle Outfitters Inc. go to 3.54%.

Insider trade positions for American Eagle Outfitters Inc. [AEO]

There are presently around $2,255 million, in the hands of institutional investors. The top three institutional holders of AEO stocks are: FMR LLC with ownership of 25,169,977, which is approximately 0.121% of the company’s market cap and around 1.20% of the total institutional ownership; SELECT EQUITY GROUP, L.P., holding 21,929,395 shares of the stock with an approximate value of $269.95 million in AEO stocks shares; and BLACKROCK INC., currently with $238.78 million in AEO stock with ownership of nearly -4.177% of the company’s market capitalization.

178 institutional holders increased their position in American Eagle Outfitters Inc. [NYSE:AEO] by around 20,569,238 shares. Additionally, 166 investors decreased positions by around 22,247,793 shares, while 40 investors held positions by with 140,402,224 shares. The mentioned changes placed institutional holdings at 183,219,255 shares, according to the latest SEC report filing. AEO stock had 63 new institutional investments in for a total of 5,606,015 shares, while 78 institutional investors sold positions of 13,916,729 shares during the same period.

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