$AEO has a multiple bottom in place and is on the verge of breaking out of the downtrend line. With the stock trading at just 9.7x earnings, there's been talk of M&A happening in the beaten-down retail space. Citi sees M&A optionality with Abercrombie & Fitch (NYSE:ANF). The firm thinks Amazon (NASDAQ:AMZN) should take a look at an acquisition or a merger with...
I've been closely watching American Eagle Outfitters for this moment. With a P/E under 10, the stock is attractively valued. It has an 8.4/10 analyst summary score and is rated highly undervalued by S&P Capital IQ. The average analyst price target of $20.33 implies 25% upside from the current price. With an RSI of about 57 on the daily chart, the stock has room to...
The stock has touched a new low of $13.80 and re bounce to its green support line with high volume. Near-term buy with resistance at $15.90 observed.
Entry level $14.32 = Target price $15.00 = Stop loss $13.89 Nice reversal off the earnings lows, bulls holding the $14. Average analysts price target $17 P/E ratio 9.8 short interest 14% American Eagle Outfitters, Inc. is a multi-brand specialty retailer. It offers an assortment of apparel and accessories for men and women under the American Eagle Outfitters...
AEO has been in a long-term downtrend. After last earnings it got a nice spike, but then it came back down. Lately its momentum has been changing after two bullish trend line breaks. It's cheap with a current P/E of about 10, and it's had several recent analyst upgrades. I am holding AEO until it gets close to the next trend line. Then I will sell and wait for the...
$AEO American Eagle Outfitters, Inc...Looks like good fish but after recorded 52-weeks lows at 13.66 then bounce with huge volume and closed at 17.3 after 3 days . Approx. 15% from the bottom which is good signal for long-term uptrend but may be slow one. I draw target to 22 which almost 80% from the bottom and could be extended to 26 but as i said its looks like...
AVERAGE ANALYSTS PRICE TARGET $22 AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT P/E RATIO 12 SHORT INTEREST 11% COMPANY PROFILE American Eagle Outfitters, Inc. is a multi-brand specialty retailer. It offers an assortment of apparel and accessories for men and women under the American Eagle Outfitters brand, and intimates, apparel and...
American Eagle Outfitters announces that the board authorized an additional 30M shares for repurchase through February 3, 2024. The retailer says the new buyback allowance brings the shares available for purchase under the company's publicly announced share repurchase authorizations to approximately 37.4M shares. "Consistent financial performance has led to strong...
American Eagle recently dropped to the bottom of its channel on a couple analyst downgrades, but it could see a short-term rebound. It's a buy Monday below 16.70, with stop loss 16.62.
American Eagle oversold, and the accelaration in the stock is not justified (in my opinion). They are on the pace of gaining market share from VS and continue to grow. I believe pace of sell off was just too steep. Based on recent high frequency economic data and Jerome Powell's comments, consumer spending is solid and US retail sales are good, I believe close to...
This trade does have down potential as any trade does. AEO has just gotten past the horrible 4th quarter sales from last year, and consumer buying power has risen. I think the stock has over sold, and if you look at June 11th, that looks closely like a modified morning star (bullish). Now- the sad truth is that the very next day the stock went back down on June...
AEO looks weak to me, the daily chart is broken, its below all its daily moving averages of 20,50,100,200 sma. its made lower relative highs and lower lows, catching support at 17.02. I would short it today if it shows good volume, a weak premarket pattern with lower lows and lower highs, profit target being the 17.02 support area.
The current mixed bag of results in the retail sector makes this a difficult call coming into earnings and high volatility is expected post earnings. We are biased on the bull case but on our chart we have included a bearish view, where we still have to complete the C wave in correction. Regardless of the outcome there is profits to be had, as the upside and...
(IN MY INFINITE IGNORANCE) PRICE AND VOLUME HAVE BULLISH TENDENCIES WITH PROMISING VOLUME PATTERNS AND A BIG BULLISH CANDLE OFF 22$ RESISTANCE. ACCORDING TO THE ADX, WE ARE RANGING - BUT INDICATORS SHOW SIGHS OF A POSSIBLE REJECTION (REVERSAL) TO THE DOWNSIDE. ANY ADVICE, INPUTS, CONCERNS AND THOUGHTS WOULD BE APPRECIATED.