AEO Stock Summary and Trading Ideas (American Eagle Outfitters | NYSE:AEO)

American Eagle Outfitters Inc is an apparel and accessory retailer with company stores in U.S., Canada, Mexico, and Hong Kong. The Company leases all store premises, regional distribution facilities, some of its office space, and certain information technology and office equipment. American Eagle also has an online business that ships worldwide. It operates in two segments: American Eagle and Aerie. The majority of its revenue comes from its primary brand, American Eagle, which offers an assortment of specialty apparel and accessories for women and men. Geographically, it generates the vast majority of its revenue from the United States.

American Eagle Outfitters trades on the NYSE stock market under the symbol AEO.

As of March 27, 2023, AEO stock price declined to $12.85 with 940,490 million shares trading.

AEO has a beta of 0.98, meaning it tends to be less sensitive to market movements. AEO has a correlation of 0.24 to the broad based SPY ETF.

AEO has a market cap of $2.51 billion. This is considered a Mid Cap stock.

Last quarter American Eagle Outfitters reported $1 billion in Revenue and $.37 earnings per share. This beat revenue expectation by $16 million and exceeded earnings estimates by $.07.

In the last 3 years, AEO stock traded as high as $38.99 and as low as $6.54.

The top ETF exchange traded funds that AEO belongs to (by Net Assets): IJR, VTI, VB, VBR, IWM.

AEO has underperformed the market in the last year with a price return of -25.8% while the SPY ETF lost -10.6%. AEO has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -11.9% and -3.5%, respectively, while the SPY returned +3.9% and +3.1%, respectively.

AEO support price is $12.58 and resistance is $13.28 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AEO stock will trade within this expected range on the day.