Alert: New Earnings Report (11/21/23)-American Eagle Outfitters Inc. (NYSE: AEO).

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For its third fiscal quarter (ending October 31), American Eagle Outfitters Inc. (NYSE: AEO) has reported a 14% increase in E.P.S. from $0.44 a year ago to $0.50 in the current quarter. For the latest four quarters through October 31, E.P.S. were $1.13 compared to $0.69 a year ago — an increase of 64%.

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Recent Price Action

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American Eagle Outfitters Inc. (NYSE: AEO) stock suffered a major decline of -15.8% on 11/21/23. The shares closed at $16.63. The stock has been exceptionally strong relative to the market over the last nine months but has declined -7.9% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, AEO is expected to continue to be an important Value Builder.

American Eagle Outfitters has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. American Eagle Outfitters has a slightly negative Appreciation Score of 40 but a very high Power Rating of 94, producing the Positive Value Trend Rating.

Rating Review

In light of this new information and highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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