why American Eagle Outfitters Inc [AEO] is a Good Choice for Investors After New Price Target of $23.50

American Eagle Outfitters Inc [NYSE: AEO] loss -2.35% on the last trading session, reaching $17.43 price per share at the time.

If compared to the average trading volume of 4.23M shares, AEO reached a trading volume of 4465680 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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Here is what top equities market gurus are saying 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 $23.50 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 2.75. 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.

Telsey Advisory Group 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 30, 2024. The new note on the price target was released on April 09, 2024, representing the official price target for American Eagle Outfitters Inc stock. Previously, the target price had yet another raise from $22 to $25, while Telsey Advisory Group kept a Market Perform rating on AEO stock. On January 09, 2024, analysts increased their price target for AEO shares from 19 to 22.

The Average True Range (ATR) for American Eagle Outfitters Inc is set at 0.66, with the Price to Sales ratio for AEO stock in the period of the last 12 months amounting to 0.62. The Price to Book ratio for the last quarter was 1.98, with the Price to Cash per share for the same quarter was set at 1.00. Price to Free Cash Flow for AEO in the course of the last twelve months was 11.40 with Quick ratio for the last quarter at 0.74.

Trading performance analysis for AEO stock

American Eagle Outfitters Inc [AEO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.84. With this latest performance, AEO shares dropped by -15.39% in over the last four-week period, additionally sinking by -26.18% over the last 6 months – not to mention a drop of -11.12% 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 28.47, with the RSI for the last a single of trading hit 23.72, and the three-weeks RSI is set at 33.02 for American Eagle Outfitters Inc [AEO]. The present Moving Average for the last 50 days of trading for this stock 20.03, while it was recorded at 18.05 for the last single week of trading, and 21.70 for the last 200 days.

American Eagle Outfitters Inc [AEO]: A deeper dive into fundamental analysis

American Eagle Outfitters Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.74 and a Current Ratio set at 1.57.

American Eagle Outfitters Inc [AEO]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, American Eagle Outfitters Inc posted 0.49/share EPS, while the average EPS was predicted by analysts to be reported at 0.49/share. 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 11.31%.

An analysis of Institutional ownership at American Eagle Outfitters Inc [AEO]

There are presently around $101.53%, or 108.13%% of AEO stock, in the hands of institutional investors. The top three institutional holders of AEO stocks are: BLACKROCK INC. with ownership of 28.93 million shares, which is approximately 14.7281%. VANGUARD GROUP INC, holding 20.9 million shares of the stock with an approximate value of $$417.21 million in AEO stocks shares; and VANGUARD GROUP INC, currently with $$407.34 million in AEO stock with ownership which is approximately 10.3894%.