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Curious about American Eagle (AEO) Q3 Performance? Explore Wall Street Estimates for Key Metrics
ZACKS· 2024-11-28 15:20
Wall Street analysts expect American Eagle Outfitters (AEO) to post quarterly earnings of $0.46 per share in its upcoming report, which indicates a year-over-year decline of 6.1%. Revenues are expected to be $1.3 billion, up 0.3% from the year-ago quarter.The consensus EPS estimate for the quarter has been revised 0.3% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Before a compan ...
Why American Eagle Outfitters (AEO) Dipped More Than Broader Market Today
ZACKS· 2024-11-12 23:51
In the latest market close, American Eagle Outfitters (AEO) reached $17.94, with a -1.48% movement compared to the previous day. The stock's change was less than the S&P 500's daily loss of 0.29%. Elsewhere, the Dow lost 0.86%, while the tech-heavy Nasdaq lost 0.09%.The teen clothing retailer's stock has dropped by 12.07% in the past month, falling short of the Retail-Wholesale sector's gain of 3.95% and the S&P 500's gain of 3.3%.The investment community will be closely monitoring the performance of Americ ...
American Eagle Outfitters (AEO) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
ZACKS· 2024-11-12 16:00
American Eagle Outfitters (AEO) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended October 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they m ...
AEO or FIGS: Which Is the Better Value Stock Right Now?
ZACKS· 2024-11-08 17:40
Investors interested in Retail - Apparel and Shoes stocks are likely familiar with American Eagle Outfitters (AEO) and Figs (FIGS) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank is a proven strategy that targets com ...
American Eagle Stock is Attractive With P/E of 10.3X: Should You Buy?
ZACKS· 2024-11-01 18:20
American Eagle Outfitters, Inc. (AEO) is currently trading at a notably low price-to-earnings (P/E) multiple, which is below the Zacks Retail - Apparel and Shoes industry and broader Retail-Wholesale averages. AEO's forward 12-month P/E ratio is 10.30, lower than the industry average of 15.47 and the sector average of 23.56. Image Source: Zacks Investment Research The stock is undervalued compared with its industry peers, offering compelling value to investors looking for exposure to the retail apparel sect ...
Here's Why American Eagle Outfitters (AEO) Fell More Than Broader Market
ZACKS· 2024-10-30 22:56
The most recent trading session ended with American Eagle Outfitters (AEO) standing at $19.89, reflecting a -0.8% shift from the previouse trading day's closing. This change lagged the S&P 500's 0.33% loss on the day. At the same time, the Dow lost 0.22%, and the tech-heavy Nasdaq lost 0.56%. Coming into today, shares of the teen clothing retailer had lost 8.45% in the past month. In that same time, the Retail-Wholesale sector lost 0.22%, while the S&P 500 gained 1.83%. Analysts and investors alike will be ...
American Eagle Gains on Brand Strength & Growth Plans: Apt to Hold?
ZACKS· 2024-10-16 15:31
Company Performance and Growth - American Eagle Outfitters Inc (AEO) reported its sixth consecutive quarter of record revenues in Q2 fiscal 2024, with both top and bottom lines increasing year over year [1] - The company's earnings beat the Zacks Consensus Estimate for the fifth straight quarter, with fiscal 2024 sales and EPS estimates at $5 4 billion and $1 78, indicating year-over-year growth of 2 5% and 17 1% respectively [1] - AEO expects operating income to reach the high end of $455-$465 million range in fiscal 2024, representing 21-24% growth from adjusted operating income of $375 million in fiscal 2023 [6][7] - Comparable sales are projected to increase around 4%, with total revenues expected to grow 2-3% in fiscal 2024 [7] Strategic Initiatives - AEO's Real Power Real Growth plan focuses on profitability through real estate optimization, inventory management, omnichannel capabilities, and supply chain improvements [2] - The Powering Profitable Growth plan aims to deliver mid-to-high teens annual operating income growth, targeting over $570 million by fiscal 2026 end, with an operating margin of about 10% [2] - The company is expanding its Aerie brand through market expansion, innovation, and customer base growth [2] Brand Performance and Product Categories - American Eagle brand revenues increased 8% year over year in Q2 fiscal 2024, with comps rising 5%, marking the fourth consecutive quarter of revenue and profit growth [4] - Aerie brand sales grew 9% with comps up 4% in Q2 fiscal 2024, with the Top category showing six straight quarters of growth [4] - Soft Apparel categories (tees, shorts, tanks, pants) and Activewear expansion are key growth drivers, with positive consumer response to new categories like sleepwear, fleece, and leggings [3] - Skirts, dresses, and shorts categories remained strong performers [4] Industry Comparison and Stock Performance - AEO shares gained 18 5% over the past year, compared to the industry's 30 5% growth [7] - The company currently carries a Zacks Rank 3 (Hold) [7] Peer Performance - Nordstrom (JWN) carries a Zacks Rank 1 (Strong Buy) with current fiscal year sales expected to grow 0 6% year over year and a 29 7% earnings surprise in the last quarter [8] - Abercrombie (ANF) holds a Zacks Rank 1 with current fiscal year sales projected to grow 13% year over year and a 16 8% earnings surprise in the last quarter [8] - Boot Barn (BOOT) has a Zacks Rank 2 (Buy) with current fiscal year sales and EPS expected to grow 12% and 10 5% respectively year over year [8][9] Operational Challenges - AEO faces inflationary pressures and macroeconomic headwinds, along with evolving consumer spending patterns [5] - Selling, general and administrative expenses increased 4% year over year in Q2 fiscal 2024, potentially impacting overall profitability [5]
Here's Why American Eagle Outfitters (AEO) Gained But Lagged the Market Today
ZACKS· 2024-10-08 23:06
American Eagle Outfitters (AEO) closed the latest trading day at $21.05, indicating a +0.48% change from the previous session's end. The stock's change was less than the S&P 500's daily gain of 0.97%. Meanwhile, the Dow gained 0.3%, and the Nasdaq, a tech-heavy index, added 1.45%. The teen clothing retailer's stock has climbed by 10.26% in the past month, exceeding the Retail-Wholesale sector's gain of 7.36% and the S&P 500's gain of 5.41%. The investment community will be paying close attention to the earn ...
American Eagle Outfitters (AEO) Rises Higher Than Market: Key Facts
ZACKS· 2024-10-02 23:06
American Eagle Outfitters (AEO) closed at $22.11 in the latest trading session, marking a +0.96% move from the prior day. The stock's change was more than the S&P 500's daily gain of 0.01%. At the same time, the Dow added 0.09%, and the tech-heavy Nasdaq gained 0.08%.Shares of the teen clothing retailer witnessed a gain of 11.79% over the previous month, beating the performance of the Retail-Wholesale sector with its gain of 5.59% and the S&P 500's gain of 1.21%.Investors will be eagerly watching for the pe ...
American Eagle Outfitters (AEO) Ascends While Market Falls: Some Facts to Note
ZACKS· 2024-09-25 23:05
The most recent trading session ended with American Eagle Outfitters (AEO) standing at $20.69, reflecting a +0.98% shift from the previouse trading day's closing. The stock's change was more than the S&P 500's daily loss of 0.19%. Elsewhere, the Dow lost 0.7%, while the tech-heavy Nasdaq added 0.04%.The teen clothing retailer's shares have seen a decrease of 9.74% over the last month, not keeping up with the Retail-Wholesale sector's gain of 6.04% and the S&P 500's gain of 1.95%.Market participants will be ...