25.45 0.00 (0.00%)
After hours: 5:24PM EDT
|Bid||25.30 x 900|
|Ask||25.70 x 1100|
|Day's Range||25.08 - 25.92|
|52 Week Range||8.81 - 29.20|
|PE Ratio (TTM)||254.50|
|Forward Dividend & Yield||0.80 (2.97%)|
|1y Target Est||N/A|
Ahead of American Eagle Outfitters’ (AEO) upcoming fiscal first-quarter results on May 31, most (53.0%) of the 19 analysts covering the stock recommend “hold,” 42.0% recommend “buy,” and 5.0% recommend “sell.” In the quarter, analysts expect American Eagle Outfitters’ top and bottom lines to grow 5.7% and 37.5%, respectively.
As of May 21, American Eagle Outfitters (AEO) stock had risen 21.1% year-to-date. In comparison, Abercrombie & Fitch (ANF) and Urban Outfitters (URBN) had rise 50.4% and 20.6%, respectively, while Gap (GPS) had fallen 6.9%. The S&P 500 had risen 2.2%.
Analysts expect American Eagle Outfitters’ (AEO) EPS (earnings per share) to grow 37.5% to $0.22 in the fiscal first quarter, marking a significant improvement over the 27% decline witnessed in the prior-year quarter. Improved revenue and profits are expected to cushion its bottom line.
Apparel retailer American Eagle Outfitters (AEO) is scheduled to report its fiscal first-quarter earnings on May 31. Wall Street expects the company’s revenue to grow 5.7% to $805.2 million, marking a significant improvement over the 1.7% growth seen in the prior-year quarter.
Can We Expect Another Strong Quarter from Guess? The five analysts that cover Guess (GES) gave the stock a 2.6 on a scale where one is a “strong buy” and five is a “strong sell.” The company has a better rating than apparel peers Gap (GPS) and Abercrombie & Fitch (ANF), which are rated 3.0 and 2.9, respectively. Urban Outfitters (URBN) and American Eagle Outfitters (AEO), however, have a better ranking of 2.5.
Guess’s (GES) sluggish sales growth and waning profitability also impacted its stock market performance. The fashion player’s stock lost 60% of its value between 2014 and 2016. However, as the multiyear streak of top-line declines came to a halt in 2017, its stock bounced back, and the share price surged 40% during the year.
After Macy’s Inc (NYSE:M) stock rallied in the wake of its stronger-than-expected first quarter results, multiple analysts were bearish on the shares, saying that Macy’s stock probably can’t advance much further going forward. For example, Citi’s Paul Lejuez wrote that Macy’s first quarter results were “as good as it gets” and kept a “Sell” rating on Macy’s stock. As I reported in a previous column, in June 2017, The Wall Street Journal noted that 9% of Macy’s “customers account for 46% of its annual sales.” Macy’s results indicate that those customers have remained quite loyal and are visiting the retailer’s stores even more often.
in March, writing that, "With a bearish momentum divergence on the daily bar chart and a weak MACD oscillator on the weekly chart, we would be cautious of the long side of ANF. In this daily bar chart of ANF, below, we can see a mixed short-term picture. The On-Balance-Volume (OBV) line has leveled off in recent weeks after a strong rise from late August.
Where Is Urban Outfitters stock heading? As of May 16, Urban Outfitters (URBN) stock is up 20.7% on a YTD (year-to-date) basis. In comparison, American Eagle (AEO) and Abercrombie & Fitch (ANF) are up 19.9% and 55.6%, respectively.
Analysts expect Urban Outfitters’ adjusted EPS to be $0.30 in the first quarter of fiscal 2019, more than double the EPS in the corresponding quarter last year. Further, analysts expect the company to report a gross margin of 32.6%, up 110 basis points on a YoY basis in the first quarter of fiscal 2019. Urban Outfitters expects its gross margin to expand 100 basis points on a YoY basis driven by a reduction in markdowns.
The majority of the analysts covering Urban Outfitters (URBN) stock have maintained a “hold” rating ahead of its upcoming fiscal Q1 2019 results, which the company plans to release on May 22. Over the past 30 days, the target price was revised just once. On April 16, JPMorgan revised its target price for Urban Outfitters stock to $46.00 from the $43.00 projected earlier and retained the “overweight” rating.
David Einhorn’s Greenlight Capital added 2.1 million shares of Office Depot Inc (NASDAQ:ODP) and 212,500 shares of Abercrombie & Fitch Co. (NYSE:ANF) in the first quarter while also jettisoning some well-known names. With retail seemingly in a better place these days, does either Office Depot stock or ANF stock make sense in your portfolio? Office Depot stock is down 33% year to date through May 15.
The hedge fund reported holding 2.1 million shares of Office Depot and 212,500 shares of Abercrombie as of the end of the first quarter
Companies, just like people, grow and change over time. Sometimes, as is also the case with people, that growth and change can be for the better. Other times, it can be for the worse.
Teen retailer Abercrombie & Fitch Co. (NYSE:ANF) has had a tough run over the past five years, as the brand fell out of favor with mainstream consumers and e-commerce and fast-fashion took over the space. Hollister was responsible for the majority of that increase with its sales rising 19%, while the firm’s namesake brand saw sales increase by a respectable 9%. Abercrombie has been closing down unprofitable locations and opening new stores both abroad and in strategic locations at home.
Abercrombie & Fitch has begun down the path of a turnaround Wall Street didn't see coming. Here's what CEO Fran Horowitz told TheStreet about the apparel retailer's outlook.
Abercrombie & Fitch CEO Fran Horowitz has set in gear a nice turnaround at the mall-based apparel retailer. TheStreet talks with her about her plans.
Shares of apparel stocks Abercrombie and Fitch, American Eagle Outfitters, Guess and Burlington Stores are looking fashionable Wednesday.
Such is the case with AMC Entertainment Holdings Inc (NYSE:AMC) and the movie theater industry. Movie theaters were presumed to be a dying breed thanks to technology making at-home entertainment better, cheaper, and more convenient than ever. As it turns out, though, movie theaters aren’t as dead as everyone thought.
A consumer cyclical company performance is driven by the business cycle. Companies such as Office Depot and Abercrombie & Fitch offer goods and services that are luxuries, instead of absoluteRead More...
The trio of retailers we’re highlighting all have one thing in common — earnings growth. Due to improving fundamentals, the share price of each is rising from the abyss to reclaim some of its former glory. Behold, three retail stocks that are heating up.