American Eagle Outfitters (AEO) has been under a strong bear grip, hence the stock is down -0.08% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.76% in the past 1 week. The stock has risen by 2.31% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.1% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.43% and the 50-Day Moving Average is 3.48%.The 200 Day SMA reached 17.97% American Eagle Outfitters, Inc. is up 24.6% in the last 3-month period. Year-to-Date the stock performance stands at 22.1%.
American Eagle Outfitters (AEO) : The highest level American Eagle Outfitters (AEO) is projected to reach is $25 for the short term and the lowest estimate is at $14. The consolidated price target from 16 rating analysts who initiate coverage on the stock is $20.56 and the possibility the share price can swing is $3.01.
For the current week, the company shares have a recommendation consensus of Buy. American Eagle Outfitters (NYSE:AEO): stock was range-bound between the intraday low of $18.62 and the intraday high of $19.02 after having opened at $18.77 on Fridays session. The stock finally closed in the red at $18.77, a loss of -0.80%. The stock remained in the red for the whole trading day. The total traded volume was 4,685,095 shares. The stock failed to cross $19.02 in Fridays trading. The stocks closing price on Thursday was $18.63.
American Eagle Outfitters, Inc. is an apparel and accessories retailer. The Company offers clothing, accessories and personal care products. The Company operates under the American Eagle Outfitters and aerie by American Eagle Outfitters brands. The American Eagle Outfitters brand offers denims, pants, shorts, sweaters, fleece, outerwear, graphic t-shirts, footwear and accessories. The aerie brand is a collection of intimates and personal care products for women, such as bras and undies at the core, and offerings in sleep, swim and apparel. The Company offers its products online at ae.com and aerie.com and at various international store locations managed by third-party operators. The Company operates around 1,000 retail stores in the United States and internationally, 955 American Eagle Outfitters stores, 101 aerie stand-alone stores and 99 third-party operated stores. The Company has stores in the United States, Canada, Mexico, Hong Kong, China and the United Kingdom.