Fintel reports that on January 21, 2025, Morgan Stanley upgraded their outlook for American Eagle Outfitters (NYSE:AEO) from Underweight to Equal-Weight.
Analyst Price Forecast Suggests 35.53% Upside
As of December 23, 2024, the average one-year price target for American Eagle Outfitters is $21.73/share. The forecasts range from a low of $15.15 to a high of $33.60. The average price target represents an increase of 35.53% from its latest reported closing price of $16.03 / share.
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The projected annual revenue for American Eagle Outfitters is 5,454MM, an increase of 0.95%. The projected annual non-GAAP EPS is 1.36.
What is the Fund Sentiment?
There are 756 funds or institutions reporting positions in American Eagle Outfitters. This is an increase of 5 owner(s) or 0.67% in the last quarter. Average portfolio weight of all funds dedicated to AEO is 0.18%, an increase of 6.40%. Total shares owned by institutions increased in the last three months by 3.30% to 226,129K shares. 
The put/call ratio of AEO is 1.31, indicating a bearish outlook.
What are Other Shareholders Doing?
IJR - iShares Core S&P Small-Cap ETF holds 11,359K shares representing 5.91% ownership of the company. In its prior filing, the firm reported owning 11,960K shares , representing a decrease of 5.29%. The firm decreased its portfolio allocation in AEO by 4.39% over the last quarter.
Wellington Management Group Llp holds 9,750K shares representing 5.08% ownership of the company. In its prior filing, the firm reported owning 9,481K shares , representing an increase of 2.75%. The firm increased its portfolio allocation in AEO by 13.17% over the last quarter.
Cooke & Bieler holds 6,212K shares representing 3.23% ownership of the company. In its prior filing, the firm reported owning 6,384K shares , representing a decrease of 2.77%. The firm decreased its portfolio allocation in AEO by 33.87% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 5,589K shares representing 2.91% ownership of the company. In its prior filing, the firm reported owning 5,579K shares , representing an increase of 0.19%. The firm increased its portfolio allocation in AEO by 5.56% over the last quarter.
Congress Asset Management holds 5,346K shares representing 2.78% ownership of the company. In its prior filing, the firm reported owning 0K shares , representing an increase of 100.00%.
American Eagle Outfitters Background Information
(This description is provided by the company.)
American Eagle Outfitters, Inc. is a leading global specialty retailer offering high-quality, on-trend clothing, accessories and personal care products at affordable prices under its American Eagle® and Aerie® brands. The company's purpose is to show the world that there's REAL power in the optimism of youth. The company operates stores in the United States, Canada, Mexico, and Hong Kong, and ships to 81 countries worldwide through its websites. American Eagle and Aerie merchandise also is available at more than 200 international locations operated by licensees in 25 countries.
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