American Eagle Outfitters (AEO) is Reiterated by Wunderlich to Hold, Lowers Price Target to $ 13

American Eagle Outfitters (AEO) was Reiterated by Wunderlich to “Hold” while Lowering the Price Target of the company shares to $ 13 from a previous price target of $15.50 . Wunderlich advised their investors in a research report released on May 16, 2016.

On the company’s financial health, American Eagle Outfitters reported $0.42 EPS for the quarter, based on the information available during the earnings call on Mar 2, 2016. Analyst had a consensus estimate of $0.42. The company had revenue of $1105.83 million for the quarter, compared to analysts expectations of $1117.45 million. The company’s revenue was up 3.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.36 EPS.

American Eagle Outfitters closed down -0.07 points or -0.50% at $13.86 with 47,77,097 shares getting traded on Friday. Post opening the session at $13.79, the shares hit an intraday low of $13.56 and an intraday high of $14.145 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

In a different news, on Jan 13, 2016, Jay L Schottenstein (CEO) purchased 164,257 shares at $13.22 per share price. According to the SEC, on Jun 12, 2015, Cary D Mcmillan (director) purchased 6,000 shares at $16.86 per share price. On Apr 6, 2015, Janice E Page (director) sold 3,103 shares at $16.98 per share price, according to the Form-4 filing with the securities and exchange commission.

American Eagle Outfitters Inc. is an apparel and accessories retailer. The Company offers clothing accessories and personal care products. The Company operates under the American Eagle Outfitters and aerie by American Eagle Outfitters brands. The American Eagle Outfitters brand offers denims pants shorts sweaters fleece outerwear graphic t-shirts footwear and accessories. The aerie brand is a collection of intimates and personal care products for women such as bras and undies at the core and offerings in sleep swim and apparel. The Company offers its products online at and and at various international store locations managed by third-party operators. The Company operates around 1000 retail stores in the United States and internationally 955 American Eagle Outfitters stores 101 aerie stand-alone stores and 99 third-party operated stores. The Company has stores in the United States Canada Mexico Hong Kong China and the United Kingdom.

American Eagle Outfitters

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