RBC Capital analyst Kate Fitzsimons maintained a Hold rating on American Eagle on Wednesday, setting a price target of $19, which is approximately 2.76% above the present share price of $18.49.
Fitzsimons expects American Eagle to post earnings per share (EPS) of -$0.08 for the fourth quarter of 2020.
The current consensus among 15 TipRanks analysts is for a Moderate Buy rating of shares in American Eagle, with an average price target of $19.57.
The analysts price targets range from a high of $22 to a low of $16.
In its latest earnings report, released on 07/31/2020, the company reported a quarterly revenue of $883.51 million and a net profit of $2.37 million. The company's market cap is $2.81 billion.
According to TipRanks.com, RBC Capital analyst Kate Fitzsimons is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 8.7% and a 63.38% success rate.
American Eagle Outfitters (NYSE:AEO), 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 personal care products for women under the Aerie brand. The firm operates stores in the United States, Canada, Mexico, Hong Kong, China and the United Kingdom. It also acquired two emerging brands to complement its existing brands, Tailgate, a vintage sports-inspired apparel brand, and Todd Snyder New York, a premium menswear brand. The company was founded in 1977 and is headquartered in Pittsburgh, PA.