From Nasdaq: 2024-05-03 17:50:11

American Eagle Outfitters (AEO) closed at $24.30, down 0.69% from the previous day, while the S&P 500 rose by 1.26%. AEO stock has risen by 0.41% in the past month, outperforming the Retail-Wholesale sector and S&P 500 losses of 0.75% and 2.68%, respectively.

Upcoming earnings for American Eagle Outfitters project an EPS of $0.26, 52.94% higher than last year. Revenue estimates for this quarter stand at $1.14 billion, a 5.54% increase. Full-year estimates forecast earnings of $1.71 per share and revenue of $5.43 billion, up 12.5% and 3.29% from the prior year.

Analyst revisions show positive outlooks for American Eagle Outfitters, influencing stock prices. The Zacks Rank, with AEO currently at #1 (Strong Buy), considers these changes for an accurate operational rating. The Zacks Consensus EPS estimate for AEO has remained steady over the past month.

With a Forward P/E ratio of 14.29 and PEG ratio of 1.14, American Eagle Outfitters appears undervalued compared to industry averages. The Retail – Apparel and Shoes industry, part of the Retail-Wholesale sector, ranks 165th out of 250+ industries, with top-ranked industries outperforming the bottom half by 2 to 1.

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For more detailed analysis and updates on American Eagle Outfitters and other stock recommendations, visit Zacks.com. Remember that individual opinions may differ from those of Nasdaq, Inc.



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