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Hold or sell
Options diwn to 25 next month?
Looks goid. Options are light as well. Good growth ahead.
recent highs make me think this is a good buy right now
BREAKING NEWS: $AEO Is American Eagle Outfitters a Buy Ahead of Earnings?
American Eagle Outfitters (NYSE: AEO) will report fiscal second-quarter earnings on Sept. 9. The specialty retailer is likely to report strength in digital and at its Aerie brand, which has been a fast-growing segment despite store closures and an economic slowdown. Revenue will likely be su...
Read the whole news AEO - Is American Eagle Outfitters a Buy Ahead of Earnings?
Third Quarter 2019 Results
Total net revenue increased $63 million, or 6% to a record $1.07 billion compared to $1.00 billion last year.
American Eagle Outfitters, Inc. (AEO) announced a quarterly cash dividend of $0.1375 per share, marking the company's 62(nd) consecutive quarterly dividend. The $0.1375 dividend was declared on December 17, 2019 and is payable on January 17, 2020 to stockholders of record at the close of business on January 3, 2020.
$30 Million buyback announced by American Eagle Outfitters
American Eagle Outfitters announces that the board authorized an additional 30M shares for repurchase through February 3, 2024.
The retailer says the new buyback allowance brings the shares available for purchase under the company's publicly announced share repurchase authorizations to approximately 37.4M shares.
"Consistent financial performance has led to strong free cash flow and a substantial cash balance even after making investments in our business to fuel future growth. The increased authorization and continuation of our cash dividend policy underscore our confidence in long-term growth initiatives and AEO’s commitment to delivering shareholder returns," notes AEO Jay Schottenstein.
By: Clark Schultz, SA News Editor
$AEO RISKY REVERSAL TRADE INTO EARNINGS
The current mixed bag of results in the retail sector makes this a difficult call coming into earnings and high volatility is expected post earnings . We are biased on the bull case but on our chart we have included a bearish view, where we still have to complete the C wave in correction. Regardless of the outcome there is profits to be had, as the upside and downside have quite a lot of room to run.
AVERAGE ANALYSTS PRICE TARGET $24.57
AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT
SHORT INTEREST 10%
I don’t get it why is so dead here. This company is great. I was in June in NYC and have visited an AEO store. It was awesome! Very kind and courteous staff. The T-shirts are looking great. This stock will go much much higher.
That wasn't right. Cheaper now. Is it the time?
Wunderlich reiterated American Eagle Outfitters (NYSE:AEO) at Buy. The rating is supported by twelve cashflow models which conclude over 35% upside.
Today's Top Wall Street Ratings
I'm seeing something good coming in Summer 2017.
AEO is one of five stocks with over 10% upside reporting earnings this week:
ANALYSIS
Anyone thinking of adding shares of AEO after stocks drop today? Would be a long-term play. Think the value is there http://bit.ly/2cO6Se5
Weekly chart is looking more open to further breakdown now imo
Should see a nice move here within another week, imo. Hope it drops hard.
Shorting again. 60 min BB getting tight so shouldn't be much longer before it makes a move
Looks like a potential short setup here imo
Recent run (since Feb) has been nice, $14 to $18. Great dividends here. Everyone still bullish, because I know I am!
$AEO DD Notes ~ http://www.ddnotesmaker.com/AEO
bullish
quick trade
longer term still fine
$AEO recent news/filings
## source: finance.yahoo.com
Tue, 23 Dec 2014 18:50:09 GMT ~ Envoy pilots approve contract for new planes, pay freezes
read full: http://www.bizjournals.com/dallas/news/2014/12/23/envoy-pilots-approve-contract-for-new-planes-pay.html?ana=yahoo
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Mon, 22 Dec 2014 12:15:00 GMT ~ Santa's retail nice list
read full: http://finance.yahoo.com/video/santas-retail-nice-list-121500282.html
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Wed, 17 Dec 2014 15:22:17 GMT ~ Pampered pets that don duds move to the mainstream
read full: http://sg.finance.yahoo.com/news/pampered-pets-don-duds-move-132207442.html
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Mon, 15 Dec 2014 21:44:30 GMT ~ Where is Santa rally?
read full: http://finance.yahoo.com/tumblr/blog-where-is-santa-rally-214432485.html
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Fri, 12 Dec 2014 19:04:00 GMT ~ Abercrombie CEO's Departure Wasn't as Abrupt as It Seemed
read full: http://www.thestreet.com/story/12984009/1/abercrombie-ceos-departure-wasnt-as-abrupt-as-it-seemed.html?puc=yahoo&cm_ven=YAHOO
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$AEO charts
basic chart ## source: stockcharts.com
basic chart ## source: stockscores.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$AEO company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/AEO/company-info
Ticker: $AEO
OTC Market Place: Not Available
CIK code: 0000919012
Company name: American Eagle Outfitters, Inc.
Incorporated In: DE, USA
$AEO share structure
## source: otcmarkets.com
Market Value: $2,631,458,752 a/o Dec 24, 2014
Shares Outstanding: 194,490,669 a/o Dec 01, 2014
Float: Not Available
Authorized Shares: Not Available
Par Value: 0.01
$AEO extra dd links
Company name: American Eagle Outfitters, Inc.
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/AEO/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/AEO/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=AEO+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=AEO+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=AEO+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/AEO/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/AEO/news - http://finance.yahoo.com/q/h?s=AEO+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/AEO/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/AEO/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/AEO/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/AEO/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/AEO/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/AEO/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/AEO/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/AEO/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=AEO+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/AEO
DTCC (dtcc.com): http://search2.dtcc.com/?q=American+Eagle+Outfitters%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=American+Eagle+Outfitters%2C+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=American+Eagle+Outfitters%2C+Inc.&x=0&y=0
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/AEO/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/AEO
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/AEO/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/AEO/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/AEO/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000919012&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/AEO/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/AEO/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/AEO/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/AEO/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=AEO&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=AEO
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/AEO/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=AEO+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=AEO+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=AEO
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=AEO
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=AEO+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/AEO/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=AEO+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/AEO.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=AEO
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/AEO/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/AEO/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/AEO/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/AEO/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/AEO
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/AEO
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/AEO:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=AEO
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=AEO
$AEO DD Notes ~ http://www.ddnotesmaker.com/AEO
$AEO DD Notes ~ http://www.ddnotesmaker.com/AEO
bullish
$AEO recent news/filings
## source: finance.yahoo.com
Wed, 24 Sep 2014 13:20:13 GMT ~ American Eagle CEO Buys Stake in Company,Stock Up 3.8%
[Zacks] - On Sep 19, 2014, we issued an updated research report on Burger King Worldwide, Inc. (BKW).
read full: http://finance.yahoo.com/news/old-republic-issues-4-875-125014840.html
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Tue, 23 Sep 2014 22:28:20 GMT ~ AEO's CEO Makes Second Investment in Company
read full: http://finance.yahoo.com/news/aeos-ceo-makes-second-investment-222820026.html
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Tue, 23 Sep 2014 15:36:00 GMT ~ One Reason Why American Eagle Outfitters (AEO) Stock Is Climbing Today
read full: http://www.thestreet.com/story/12889255/1/one-reason-why-american-eagle-outfitters-aeo-stock-is-climbing-today.html?puc=yahoo&cm_ven=YAHOO
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Tue, 23 Sep 2014 13:00:00 GMT ~ Bright Pink® Teams Up With Aerie® By American Eagle Outfitters For The 2014 Show Your Support Campaign Focused On Breast Health Awareness For Young Women
[PR Newswire] - CHICAGO, Sept. 23, 2014 /PRNewswire/ -- Bright Pink, the only national non-profit organization focusing on the prevention and early detection of breast and ovarian cancer in young women, is proud to announce an integrated initiative with Aerie, the intimates and apparel line from American Eagle Outfitters, Inc. in support of Breast Cancer Awareness Month. Aerie will offer a limited-edition Bright Pink Charley™ Bra with 100% of sales benefitting Bright Pink, as well as customer fundraising opportunities. In addition to the special Bright Pink Charley™ Bra launch, Aerie will introduce several opportunities for customers to help aid the cause, including inviting shoppers to donate to Bright Pink by rounding up their in-store purchase totals and offering a free gift of an exclusive lip gloss with a donation of $5 or more, and a text-to-donate campaign to Aerie customers nationwide.
read full: http://finance.yahoo.com/news/bright-pink-teams-aerie-american-130000864.html
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Mon, 22 Sep 2014 16:43:51 GMT ~ US STOCKS-Retailers could be acquisition targets: Morgan Stanley
read full: http://uk.finance.yahoo.com/news/us-stocks-retailers-could-acquisition-164351316.html
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$AEO charts
basic chart ## source: stockcharts.com
basic chart ## source: stockscores.com
big daily chart ## source: stockcharts.com
big weekly chart ## source: stockcharts.com
$AEO company information
## source: otcmarkets.com
Link: http://www.otcmarkets.com/stock/AEO/company-info
Ticker: $AEO
OTC Market Place: Not Available
CIK code: 0000919012
Company name: American Eagle Outfitters, Inc.
Incorporated In: DE, USA
$AEO share structure
## source: otcmarkets.com
Market Value: $2,875,642,417 a/o Sep 24, 2014
Shares Outstanding: 194,431,536 a/o Aug 25, 2014
Float: Not Available
Authorized Shares: Not Available
Par Value: 0.01
$AEO extra dd links
Company name: American Eagle Outfitters, Inc.
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/AEO/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/AEO/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=AEO+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=AEO+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=AEO+Industry
## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/AEO/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/AEO/news - http://finance.yahoo.com/q/h?s=AEO+Headlines
## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/AEO/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/AEO/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/AEO/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/AEO/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/AEO/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/AEO/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/AEO/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/AEO/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=AEO+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/AEO
DTCC (dtcc.com): http://search2.dtcc.com/?q=American+Eagle+Outfitters%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=American+Eagle+Outfitters%2C+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=American+Eagle+Outfitters%2C+Inc.&x=0&y=0
## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/AEO/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/AEO
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/AEO/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/AEO/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/AEO/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000919012&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/AEO/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/AEO/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/AEO/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/AEO/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=AEO&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=AEO
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/AEO/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=AEO+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=AEO+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=AEO
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=AEO
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=AEO+Cash+Flow&annual
## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/AEO/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=AEO+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/AEO.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=AEO
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/AEO/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/AEO/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/AEO/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/AEO/insider-transactions
## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/AEO
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/AEO
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/AEO:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=AEO
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=AEO
$AEO DD Notes ~ http://www.ddnotesmaker.com/AEO
The need to capital. Dividends? By way of what? A real trap for an investor in the month of september.RSI(14)79.51
This is like honey, attract investors to buy shares in overbought level? Why now and not advertise in Q2?
A real trap for an investor.
Analyst Rating Network:8/21/2014 S&P Price Target Average -> Hold $4.34 8/21/2014 Citigroup Sell $9.00 -> $10.00
It is wrong S & P and Citibank? I think not.
Ratings Breakdown: 3 Sell Rating(s), 10 Hold Rating(s), 11 Buy Rating(s)
Consensus Rating: Hold (Score: 2.33)
Consensus Price Target: $13.02 7.56% downside)
8/28/2014 Standpoint Research Downgrade Buy - Hold
8/21/2014 BMO Capital Markets Boost Price Target $11.00 - $12.00
8/21/2014 S&P Equity Research Boost Price Target Average - Hold $4.34
8/21/2014 Oppenheimer Reiterated Rating Market Perform $11.00 - $12.00
8/21/2014 Citigroup Inc. Reiterated Rating Sell $9.00 - $10.00
8/21/2014 CRT Capital Reiterated Rating Fairly Valued $11.00 - $13.00
8/21/2014 JPMorgan Chase & Co. Reiterated Rating Neutral $11.00 - $13.00
8/21/2014 Mizuho Boost Price Target Buy $10.00 - $12.00
8/21/2014 Janney Montgomery Scott Upgrade Neutral - Buy $10.00 - $15.00
8/20/2014 SunTrust Upgrade Neutral - Buy
8/20/2014 Stifel Nicolaus Reiterated Rating Hold
8/12/2014 Wunderlich Initiated Coverage Hold $11.00
6/27/2014 FBR Capital Markets Boost Price Target Market Perform - Outperform $11.49 - $17.00
6/20/2014 Stephens Initiated Coverage Equal Weight $12.00
6/12/2014 CRT Capital Initiated Coverage Fair Value - Fair Value $11.00
5/27/2014 B. Riley Reiterated Rating Buy $19.00 - $16.00
5/22/2014 BMO Capital Markets Lower Price Target $12.00 - $11.00
5/22/2014 SunTrust Lower Price Target $13.00 - $12.00
5/22/2014 Mizuho Lower Price Target $12.00 - $11.00
5/22/2014 FBR Capital Markets Reiterated Rating Market Perform $13.00 - $12.00
5/22/2014 JPMorgan Chase & Co. Reiterated Rating Neutral $13.00 - $11.00
5/22/2014 Oppenheimer Reiterated Rating Market Perform $12.00 - $11.00
https://www.analystratings.net/stocks/NYSE/AEO/?ShowRankings=1
The EPS does not represent 1% of sales. A little cold and goodbye
LONDON, August 29, 2014 /PRNewswire/ --
Investor-Edge.com has issued free earnings briefing on American Eagle Outfitters Incorporation (NYSE: AEO). The company featured in the headlines on Wednesday, August 20, 2014 after declaring its results for the second quarter ended August 02, 2014. During Q2 2014, the company's diluted EPS declined $0.07 Y-o-Y and its net revenue decreased 2% Y-o-Y. Our free coverage report can be accessed at:
http://www.investor-edge.com/register
Earnings Overview
During Q2 FY14, American Eagle Outfitters Inc. reported net revenue of $710.59 million, compared with $727.31 million in the prior year quarter. For Q2 FY14, the company's diluted earnings decreased to $0.03 per share, from $0.10 in the year ago period. Analysts from Bloomberg were expecting the company to report flat diluted EPS and net revenue of $689.68 million in Q2 FY14. American Eagle Outfitters Inc.'s consolidated comparable store sales for the reported quarter decreased by further 7%, following a 7% decline in Q2 FY13. The free research on AEO can be downloaded as in PDF format at:
http://www.Investor-Edge.com/AEOFreeReport
During Q2 FY14, the company's gross profit declined 3% Y-o-Y to $237.55 million from $245.49 million in the prior year quarter, while the gross profit margin fell by 40 basis points Y-o-Y to 33.4% during the quarter. The company's gross margin reflected the effect of de-leverage of buying, occupancy and warehousing costs on negative comparable sales, which was largely offset by favourable merchandise and design costs and a slight improvement in the markdown rate. Further, in Q2 FY14, American Eagle's operating income fell by 59% Y-o-Y to $12.05 million, while its operating margin decreased 240 basis points to 1.7%. The company's selling, general and administrative expenses during the reported quarter increased 2% or $3.74 million Y-o-Y to $190.08 million. As a rate to revenue, SG&A expenses during the reported quarter increased 110 basis points Y-o-Y to 26.7%, driven by investments in advertising, international growth, factory stores and omni-channel initiatives, though the increase was partially offset by reductions in overhead and variable expenses.
Commenting on the company's quarterly results, Jay Schottenstein, Interim CEO of American Eagle Outfitters Inc., stated in the press release that the company's results came slightly above its expectations, but do not reflect the company's potential. He added that the company made significant progress on its priorities to build a sustainable path to higher profitability. Mr. Schottenstein stated that the company successfully cleared its spring and summer merchandise and entered the second half of the year in a good inventory position and made progress on merchandise improvements, which will ramp up through the holiday season. He added that the company remains vigilant on expense management to achieve strategic initiatives, significant to the company's future success. Mr. Schottenstein remained confident that the company will achieve stronger operating results and deliver increasing shareholder value.
American Eagle Outfitters Inc.'s total merchandise inventories for the quarter ended August 02, 2014 declined 15% Y-o-Y to $393.31 million, from $461.08 million in the preceding year quarter. In Q2 FY14, the company's capital expenditures totaled $74 million. For FY 2014, the company continues to expect capital expenditures of approximately $230 million, while for FY15, the company expects capital spending of approximately $150 million. During Q2 FY14, Pittsburgh, Pennsylvania-based retailer opened 20 new stores. As of August 02, 2014, the company's total cash and investments stood at $263 million compared with $405 million at the end of the prior year quarter. For Q3 FY14, the company's management expects EPS to be in the range of approximately $0.17 to $0.19, compared to adjusted earnings of $0.19 per diluted share in Q3 FY13. The company's third quarter outlook is based on a mid single-digit decline in comparable sales, and excludes potential asset impairment and restructuring charges. Sign up and read the free analyst's notes on AEO at:
http://www.Investor-Edge.com/AEO-29082014
Stock Performance
On Wednesday, August 20, 2014, the day of the earnings release, shares in American Eagle Outfitters Inc. surged 11.99% to end the session at $12.98. On the last close, Thursday, August 28, 2014, shares of the company finished the day 1.13% lower at $14.03. The stock vacillated between $13.68 and $14.08 during the session. A total of 7.60 million shares were traded, which was above its three months average volume of 5.02 million shares. Over the previous three trading sessions and in the last one month, shares in American Eagle Outfitters Inc. have gained 2.71% and 36.48%, respectively. However, the stock has declined 2.57% from the beginning of 2014. Shares in American Eagle Outfitters Inc. are trading above their 50-day and 200-day moving averages of $11.30 and $12.76, respectively. Furthermore, the company's stock traded at a PE ratio of 33.33 and has a Relative Strength Index (RSI) of 82.42. Visit Investor-Edge and access the latest research on AEO at:
http://www.Investor-Edge.com/AEOEarningsCoverage
Sneak Peek to Corporate Insider Trading
In the last one month, American Eagle Outfitters Inc. has not reported any share transactions by insiders to the U.S. Securities and Exchange Commission (SEC). Complimentary in-depth research on AEO is available at:
http://www.Investor-Edge.com/AEOInsiderTrading
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Downgrade Alert for American Eagle Outfitters (AEO)
Aug 29, 2014 (SmarTrend(R) Upgrades/Downgrades via COMTEX) -- American Eagle Outfitters (NYSE:AEO) was downgraded from Buy to Hold at Standpoint Research today. The stock closed yesterday at $14.02 on volume of 7.5 million shares, above average daily volume of 5.8 million. American Eagle Outfitters (NYSE:AEO) is currently priced 12.8% above its average consensus analyst price target of $12.23. American Eagle Outfitters shares have support at the 200-day moving average (MA) of $12.75 and additional support at the 50-day MA of $11.34.
In the past 52 weeks, shares of American Eagle Outfitters have traded between a low of $10.12 and a high of $16.95 and closed yesterday at $14.03, which is 39% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 1.7%.
American Eagle Outfitters, Inc. retails men's and women's casual apparel, footwear, outerwear, and accessories. The Company's products include jeans, khakis, T-shirts, and other similar apparel. American Eagle operates in the United States.
SmarTrend is monitoring the recent change of momentum in American Eagle Outfitters. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of American Eagle Outfitters in search of a potential trend change.
http://www.zacks.com/research/get_news.php?id=241l9249
Standpoint Research downgrade AEO from buy to Hold
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8/28/14 according to Bloomberg 9:07:00 hs (Bezinga)