Economy

Hot On The Charts: Abbott Laboratories (ABT), American Eagle Outfitters, Inc. (AEO)

CIBC World Markets Inc. now owns 11,035 shares of the apparel retailer's stock valued at $133,000 after purchasing an additional 63 shares during the last quarter.

Mackay Shields Llc increased its stake in American Eagle Outfitters Ne (AEO) by 67.77% based on its latest 2017Q2 regulatory filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Ausdal Financial Partners, Inc. now controls 31,875 shares worth $384,000. Finally, Riverhead Capital Management LLC boosted its stake in shares of American Eagle Outfitters by 91.1% in the 2nd quarter. The portion of a company's profit allocated to each outstanding share of common stock was -$0.04 a share in the trailing twelve months. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of American Eagle Outfitters by 58.4% during the 1st quarter. Ubs Group Ag owns 139,362 shares with a value of $1,679,000.

While under theory that management are shareholders, many value investors look for stocks with a high percent of insider ownership, because they will act in its own self interest, as well create shareholder value in the long-term.

In other news, insider Jennifer M. Foyle sold 13,500 shares of the firm's stock in a transaction dated Wednesday, September 27th. The consensus analyst target price is $13.63. Insiders own 5.80% of the company's stock. RBC Capital Markets has "Outperform" rating and $20 target. American Eagle Outfitters had 72 analyst reports since August 4, 2015 according to SRatingsIntel.

Among 27 analysts covering American Eagle Outfitters (NYSE:AEO), 13 have Buy rating, 1 Sell and 13 Hold. Stifel Nicolaus maintained American Eagle Outfitters (NYSE:AEO) on Thursday, May 19 with "Buy" rating. The firm has "Market Perform" rating given on Monday, August 15 by Telsey Advisory Group. The value of the company's investment in American Eagle Outfitters, Inc. increased from $21,000 to $16,000,000 a change of 76,090.5% quarter to quarter. The stock has a 50 day moving average of $12.88 and a 200 day moving average of $12.54. CLNE comes in with a P/S ratio of 1.01 that's greater than 1, potentially implying that it could be expensive relative to the overall sector (13.63) and its peers (90.48). and a trailing 12-month price-earnings (P/E) multiple of 15.58. American Eagle Outfitters, Inc.

American Eagle Outfitters, Inc. most recently reported earnings per share (EPS) of $0.19 for the July 2017 versus $0.23 in the same quarter past year, representing -17% growth. American Eagle Outfitters had a return on equity of 18.25% and a net margin of 4.85%. The company had revenue of $845.00 million during the quarter, compared to analysts' expectations of $823.84 million. The apparel retailer reported $0.19 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.16 by $0.03. The company's revenue was up 2.7% compared to the same quarter past year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 20th. Stockholders of record on Friday, October 6th will be issued a $0.125 dividend. Moreover, Outfitter Advisors Ltd. has 0.02% invested in the company for 36,000 shares. The ex-dividend date is Thursday, October 5th.

WARNING: This piece of content was reported by Marea Informative and is the property of of Marea Informative. If you are viewing this news story on another domain, it was illegally stolen and reposted in violation of worldwide trademark and copyright legislation. (AEO Inc.), launched on January 26, 1972, is a multi-brand specialty retailer. The Company offers a range of apparel and accessories for men and women under the American Eagle Outfitters Brand (AEO Brand), and intimates, apparel and personal care products for women under the Aerie brand.



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