American Eagle Outfitters, Inc. (NYSE:AEO) last session’s volume of 3.01 million shares was lower than its average volume of 5.62 million shares. The stock, after opening at $15.17, hit $15.02 through the close by scoring -0.6%.American Eagle Outfitters, Inc. (AEO) Analyst Opinion
American Eagle Outfitters, Inc. has a consensus outperform rating from 23 Wall Street analysts, and the number of shares currently sold short amount to at least 19.13% of shares outstanding. The stock sank -0.99% last month and is down -0.99 this year. Wall Street is only getting more bullish on the stock, with 10 of analysts who cover AEO having a buy-equivalent rating. Analysts have placed a $18.29 price target on American Eagle Outfitters, Inc., suggesting a 21.77% gain from recent close. It’s currently trading about -22.04% below its 52-week high.American Eagle Outfitters, Inc. Earnings Surprise
American Eagle Outfitters, Inc. (AEO) failed to surprise the stock market in its last reported earnings when it earned $0.41 a piece versus the consensus-estimated $0.41. Its revenue totaled $940.94 million up 14.39% from the previous quarter. The good news is, sales may return to growth this quarter. As per the consensus estimate, the company’s year-on-year revenue growth is expected to be at 0% during the period. Last year, it had about $1.11 billion of revenue.
This stock (AEO) is ahead of its 52-week low with 21.15%. Its last month’s stock price volatility remained 3.26% which for the week stands at 3.12%. The share price has moved backward from its 20 days moving average, trading at a distance of -0.4% and stays -7.06% away from its 50 days moving average. Over the last five days, shares have faced -2.21% losses and now is down -8.7% since hitting its 200-day moving average of $17.24. American Eagle Outfitters, Inc. (AEO) has made its way to a 12-month gain of 7.15%.
Turning to Manhattan Associates, Inc. (NASDAQ:MANH), its shares were trading at $47.69 a retreat of $-3.57, on the trading floor. The stock, after opening at $48.48, touched a high of $50.74 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2. Manhattan Associates, Inc. has 2 buy ratings, 2 holds and 0 sells even after the stock tumbled -30.45% from its high of $68.57 to a $3.4 billion market value through last close.Manhattan Associates, Inc. (MANH) Consensus Price Target
The company’s consensus rating on Reuter’s scale has improved from 1.6 to 2 during a month. Analysts set a 12-month price target of $72 a share. The target implies a 50.98% spike from where the shares are currently trading. Also, the current price highlights a discount of 57.27 to analysts’ high consensus price target.Manhattan Associates, Inc. EPS Forecast
The earnings of Manhattan Associates, Inc. (MANH) are forecasted by the analysts to move at $0.47 in current quarter, from $0.42 a year-ago quarter. This quarter analysts say they expect sales to move at $159.51 million — higher from $149.86 million the year before.Manhattan Associates, Inc. (NASDAQ:MANH) Intraday Trading
The counter witnessed a trading volume of 3.01 million shares versus an average volume of 0.64 million shares during last trading session. Its last month’s stock price volatility remained 4.13% which for the week approaches 2.58. The lowest price the stock reached in last trading session was $46.11 and compares with the $44.14 52-week low. The stock recovered 8.04 since its low point and has performed -10.07 year-to-date.