With 4.09 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.49 million shares. During the session, the Apparel Retail company that operates in wider Consumer Cyclical sector, reached to the highest price of $24.51 whereas the lowest price it dropped to was $23.0. The 52-week range on AEO shows that it touched its highest point at $26.44 and its lowest point at $9.95 during that stretch. It currently has a 1-year price target of $25.57. With its current market cap of 4.81 billion, AEO has annualized dividend of $0.45 while the current yield stands at 1.85%. Beta for the stock currently stands at 1.59.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AEO was up-trending over the past week, with a rise of 8.98%, but this was down by -2.98% over a month. Three-month performance surged to 18.00% while six-month performance rose 34.98%. The stock gained 85.05% in the past year, while it has gained 15.26% so far this year. A look at the trailing 12-month EPS for AEO yields 0.86 with Next year EPS estimates of 1.91. For the next quarter, that number is 0.27. This implies an EPS growth rate of 13.98% for this year and 10.40% for next year. EPS is expected to grow by 10.60% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -10.10%.
Float and Shares Shorts:
At present, 196.94 million AEO shares are outstanding with a float of 180.56 million shares on hand for trading. On 2024-04-15, short shares totaled 24.55 million, which was 1245.0 higher than short shares on 1710460800. In addition to Mr. Jay L. Schottenstein as the firm’s Executive Chairman of the Board & CEO, Mr. Michael A. Mathias serves as its Executive VP & CFO.
Institutional Ownership:
Through their ownership of 1.02678 of AEO’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-02-03, AEO reported revenue of $1678911000.0 and operating income of $129656000.0. The EBITDA in the recently reported quarter was $310730000.0 and diluted EPS was $nan.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AEO since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
