Alert: New Earnings Report (3/7/24)-American Eagle Outfitters Inc. (NYSE: AEO).

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American Eagle Outfitters Inc. (NYSE: AEO) has reported E.P.S. of $0.03 for its fourth fiscal quarter (ending January 31) versus $0.29 for the same period a year ago. For the latest four quarters through January 31, E.P.S. were $0.87 versus $0.69 for the same period a year ago.

Recent Price Action

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On 3/7/24, American Eagle Outfitters Inc. (NYSE: AEO) stock declined modestly by -1.9%, closing at $23.00. Moreover, trading volume in this decline was exceptionally high at 389% of normal. The stock has declined -2.3% during the last week but has been exceptionally strong relative to the market over the last nine months.

Current PriceTarget Research Rating

AEO’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major 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 35 but a very high Power Rating of 98, producing the Positive Value Trend Rating.

Rating Review

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

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