American Eagle Outfitters(US:AEO) ZACKSยท2024-10-08 23:06Company Performance - American Eagle Outfitters (AEO) closed at $21.05, with a daily change of +0.48%, underperforming the S&P 500's gain of 0.97% [1] - The stock has increased by 10.26% over the past month, outperforming the Retail-Wholesale sector's gain of 7.36% and the S&P 500's gain of 5.41% [1] - The upcoming earnings report is expected to show an EPS of $0.47, a decrease of 4.08% year-over-year, with revenue anticipated at $1.31 billion, up 0.45% from the prior year [1] Annual Estimates - For the annual period, the Zacks Consensus Estimates predict earnings of $1.78 per share and revenue of $5.39 billion, reflecting increases of +17.11% and +2.46% respectively from the previous year [2] Analyst Sentiment - Changes in analyst estimates for American Eagle Outfitters are crucial as they indicate short-term business trends, with upward revisions suggesting positive sentiment towards the company's operations [2] - The Zacks Rank system, which incorporates these estimate changes, currently ranks American Eagle Outfitters at 3 (Hold) [3] Valuation Metrics - American Eagle Outfitters has a Forward P/E ratio of 11.78, which is lower than the industry average of 16.65 [3] - The company has a PEG ratio of 1.04, compared to the Retail - Apparel and Shoes industry's average PEG ratio of 1.91 [3] Industry Context - The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector and holds a Zacks Industry Rank of 99, placing it in the top 40% of over 250 industries [4] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1, indicating a favorable industry environment for American Eagle Outfitters [4]