Breaking The Old 52 Week Low, American Eagle Outfitters (NYSE:AEO) Finishing At $17.07

AEO
AEO

American Eagle Outfitters (NYSE:AEO)

June 13th, 2019

Amidst rising markets American Eagle Outfitters rose $0.47 Thursday which equals a 2.83% jump, closing at $17.07. Despite ending the day higher, American Eagle Outfitters hit a new 52 week low of $16.31, breaking the previous low of $16.59 from earlier this month.

AEO outperformed the rest of the Consumer Discretionary sector which went up 0.90% today.

Results from 14 analysts points to the possibility that American Eagle Outfitters could rise significantly (47.36%), while Finbox has calculated (with medium uncertainty) a fair value price of $20.39.

Market Sectors

The market sectors were mixed Thursday with a majority of the sectors trending up. Energy saw the biggest increase of the day (1.25%), while the Healthcare sector saw the biggest drop (-0.11%). Information Technology has seen the biggest year-to-date gain of 23.06%.

Utilities saw the biggest turn-around compared to its 5-day performance (-0.31%), as it went up by 0.15%. Healthcare saw a turn-around from its 5-day performance of 2.18% trading down -0.11%.

Sector Breakdown

  • Energy, up 1.25%.
  • Communication Services, up 1.14%.
  • Consumer Discretionary, up 0.90%.
  • Materials, up 0.58%.
  • Industrials, up 0.54%.
  • Financials, up 0.23%.
  • Information Technology, up 0.22%.
  • Utilities, up 0.15%.
  • Consumer Staples, up 0.11%.
  • Real Estate, up 0.09%.
  • Healthcare, down -0.11%.

American Eagle Outfitters Info

American Eagle Outfitters, Inc. operates as a specialty retailer that provides clothing, accessories, and personal care products under the American Eagle and Aerie brands. The company also provides jeans, and other apparel and accessories for men and women; and intimates, activewear, and swim collections, as well as personal care products for women. In addition, it offers sports apparel under the Tailgate brand; and menswear products under the Todd Snyder New York brand name. As of March 6, 2019, it operated approximately 934 American Eagle stores, 262 Aerie stores, 5 Tailgate stand-alone stores, and 1 Todd Snyder stand-alone store in the United States, Canada, Mexico, China, and Hong Kong. It also ships to 81 countries through its Websites; and offers its merchandise at 231 locations operated by licensees in 24 countries, as well as provides products through its Websites ae.com, aerie.com, and ToddSnyder.com. American Eagle Outfitters, Inc. was founded in 1977 and is headquartered in Pittsburgh, Pennsylvania.

All amounts in USD unless otherwise indicated

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AEO daily update

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