Wall Street Stock Recommendations: American Eagle Outfitters, Inc. (AEO), Nordstrom, Inc. (JWN)

American Eagle Outfitters, Inc. (NYSE:AEO) was more active in the last trading session as around 5.01 million shares exchanged hands on Wall Street, representing an increase from its normal capacity of 4.13 million shares. A -2.12% change after the initial price of $21.57, sent the closing price to $21.19.

American Eagle Outfitters, Inc. (AEO) Analyst Opinion

American Eagle Outfitters, Inc. has a consensus outperform rating from 18 Wall Street analysts, and the number of shares currently sold short amount to at least 8.09% of shares outstanding. The stock spiked 7.78% last month and is up 12.71 this year. Wall Street is only getting more bullish on the stock, with 8 of analysts who cover AEO having a buy-equivalent rating. Analysts have placed a $20.35 price target on American Eagle Outfitters, Inc., suggesting a -3.96% decline from recent close. It’s currently trading about -3.81% 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 $0.44 a piece versus the consensus-estimated $0.44. Its revenue totaled $1.21 billion up 25.52% from the previous quarter.

American Eagle Outfitters, Inc. (NYSE:AEO) Intraday View

This stock (AEO) is ahead of its 52-week low with 107.14%. Its last month’s stock price volatility remained 2.85% which for the week stands at 2.71%. The share price has moved forward from its 20 days moving average, trading at a distance of 0.5% and stays 5.48% away from its 50 days moving average. Over the last five days, shares have managed 2.47% gains and now is up 32.62% since hitting its 200-day moving average of $17.69. American Eagle Outfitters, Inc. (AEO) has made its way to a 12-month gain of 52.34%.

Turning to Nordstrom, Inc. (NYSE:JWN), its shares were trading at $51.6 a gain of $1.92, on the trading floor. The stock, after opening at $49.52, touched a high of $51.62 before paring much of its gains. So far, analysts are sticking with their bearish recommendations with the consensus call at 3. Nordstrom, Inc. has 1 buy ratings, 16 holds and 0 sells even after the stock tumbled -4.44% from its high of $54.00 to a $8.18 billion market value through last close.

Nordstrom, Inc. (JWN) Consensus Price Target

The company’s consensus rating on Reuter’s scale slipped from 2.91 to 2.9 during a month. Analysts set a 12-month price target of $51.19 a share. The target implies a -0.79% decrease from where the shares are currently trading. Also, the current price highlights a discount of 16.28% to analysts’ high consensus price target.

Nordstrom, Inc. (NYSE:JWN) Intraday Trading

The counter witnessed a trading volume of 2.4 million shares versus an average volume of 1.82 million shares during last trading session. Its last month’s stock price volatility remained 3.22% which for the week approaches 2.9%. The lowest price the stock reached in the last trading day was $49.51 and compares with the $37.79 52-week low. The stock recovered 36.54% since its low point and has performed 8.91% year-to-date.

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