|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||19.34 - 19.82|
|52 Week Range||10.23 - 20.83|
|PE Ratio (TTM)||17.27|
|Earnings Date||May 15, 2018 - May 21, 2018|
|Forward Dividend & Yield||0.55 (2.81%)|
|1y Target Est||20.06|
Yahoo Finance's Jared Blikre and Jen Rogers break down the latest action in the SPDR S&P 500 ETF (SPY), along with a day trading opportunity that arises when the market gaps above or below the prior day's trading range.
Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves as traders digest Mario Draghi's comments following the monetary policy decision by the European Central Bank and ahead of President Trump's expected tariff signing, as well as Friday's non-farm payrolls report from the Bureau of Labor Statistics.
American Eagle Outfitters, Inc. today announced the appointment of Suja Chandrasekaran to the company's board of directors as an independent director, effective Monday, March 19, 2018.
American Eagle Outfitters reported fiscal 4Q17 results on March 8, 2018. There has been no other price revision activity, but there might be some changes in the coming days. Currently, analysts’ 12-month average target price for the company is $20.12, which reflects a 2.5% upside to its stock price on March 12, 2018.
As we saw in the previous part of this series, on March 8, 2018, American Eagle Outfitters (AEO) reported fiscal 4Q17 revenue of $1.23 billion. Its digital revenue contributed 31% of its total revenue, with digital penetration up 340 bps (basis points) on a YoY (year-over-year) basis. Comps rose 8%, with comps for Aerie and American Eagle increasing 34% and 5%, respectively.
The Nasdaq shot up to record high while the S&P 500 and Dow Jones reclaimed 50-day lines on a just-right jobs report and less-harsh Trump steel tariffs.
American Eagle Outfitters, Inc. (AEO) declined nearly 9.4% on Mar 8, despite reporting accelerated sales, continued sequential margin improvement and EPS growth.
Yesterday, Abercrombie & Fitch (ANF) got a big bounce from its upbeat fourth-quarter earnings, and even while fellow teen retailer American Eagle (AEO), which dropped nearly 10% today after earnings of its own, is still up 89% during the past 12 months. BMO Capital Markets analyst John Morris, for one, writes that he's encouraged that Abercrombie and other specialty retailers are seeing strong trends to start the year, as many worried that holiday momentum could. Morris goes as far as to say that this strong start to the year "could set the stage for a Goldilocks retail environment of lean inventories coupled with a strong consumer." That said, even if such an ideal environment materializes—a big if?—retailers won't be able to rest on their laurels, given the rapid evolution needed to keep pace with younger consumers--who may be scooping up Abercrombie again, but certainly still love to buy clothes Amazon.com (AMZN).
But the report triggered a big sell-off in shares of American Eagle Outfitters as well as fellow young-adult apparel chains Abercrombie & Fitch and Urban Outfitters.
American Eagle Outfitters earnings report for the fourth quarter of the year includes earnings per share of 44 cents. This is an increase over its earnings per share of 39 cents from the same time last year. It also matches Wall Street’s earnings per share estimate of 44 cents for the quarter.
American Eagle Outfitters Inc on Thursday posted results in line with estimates, but prolonged promotions and markdowns to attract customers are hurting gross margins and could weigh on the current fiscal year, sending its shares down 10 percent. The company said it went into the holiday quarter expecting another promotional season and sought to gain market share by offering big discounts. Gross margins fell 80 basis points to 34.6 percent.
U.S. stocks rose on Thursday as fears of a global trade war eased after President Donald Trump promised great flexibility toward the United States' "real friends" as he prepared to impose hefty import tariffs. Worries over the likelihood of a global trade war triggered by Trump's tariff plans have dominated markets since last Thursday, with chief economic adviser Gary Cohn's exit heightening such concerns.
Among the companies with shares expected to trade actively in Thursday's session are Express Scripts, Cigna, Kroger, Costco and Dell Technologies.
Wall Street was set to open higher on Thursday as fears of a global trade war ebbed following signs that President Donald Trump's proposed hefty import tariffs on steel and aluminum could exclude key trading partners. Markets fell sharply on Wednesday following the resignation of chief economic adviser Gary Cohn, a strong advocate of free trade, on concerns the move would make it more easier for Trump to push ahead with his plans.
The Pittsburgh-based company said it had net income of 52 cents per share. Earnings, adjusted for one-time gains and costs, came to 44 cents per share. The results met Wall Street expectations. The average ...