|Bid||19.31 x 29200|
|Ask||20.39 x 1100|
|Day's Range||20.03 - 20.43|
|52 Week Range||17.00 - 29.88|
|Beta (3Y Monthly)||0.85|
|PE Ratio (TTM)||12.85|
|Earnings Date||Mar 6, 2019|
|Forward Dividend & Yield||0.55 (2.74%)|
|1y Target Est||23.80|
American Eagle (AEO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
A 30-year veteran of Procter & Gamble will help guide the retailer of clothing, accessories and personal care products.
American Eagle Outfitters, Inc. today announced the appointment of Deb Henretta to the company's board of directors as an independent director, effective February 14, 2019.
Let's see if American Eagle Outfitters, Inc. (AEO) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.
Stocks extended gains and chased a rally in most Asian stock indices as President Donald Trump signaled he may be open to extending a deadline on U.S.-China trade war ceasefire.
Levi's, one of the world's biggest denim brands and the inventor of blue jeans, faces rapid changes in consumer tastes as people shop for cheaper store brands and athleisure apparel. Last year, rival VF Corp said it would spin off its less profitable Wrangler and Lee jeans business into a publicly traded company, allowing it to focus on Vans and its outdoor wear businesses to help improve profit margins. Levi's is controlled by the descendents of founder Levi Strauss.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Levi Strauss has fired the starting gun on its US stock market comeback, hoping investors will put a price tag of about $5bn on the inventor of blue jeans despite a competitive market for clothing. The San Francisco-based company laid down plans on Wednesday to list on the New York Stock Exchange with the ticker LEVI, returning to the public market 34 years after it was taken private. The group, which joins other companies including Uber, Lyft and Airbnb in targeting an initial public offering this year, did not confirm how much it would raise.
American Eagle (AEO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 2 (Buy).
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! In November 2018, American Eagle Outfitters, Inc.Read More...
American Eagle Outfitters Inc NYSE:AEOView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for AEO with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding AEO totaled $2.52 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
American Eagle (AEO) gains from its strategic initiatives including omni-channel efforts and brand strength. Also, the company has a solid comps trend.
American Eagle Outfitters, Inc. (AEO) announces that Aerie will expand its #AerieREAL Role Model™ family for spring 2019, continuing to accelerate the growth of the lifestyle brand and strengthening its commitment to body positivity. Actor, The New York Times bestselling author and host of E!’s late night show BUSY TONIGHT Busy Philipps, actress and activist Samira Wiley, actor, writer and activist Jameela Jamil, gold medal para snowboarder Brenna Huckaby and creator Molly Burke will join current Role Models Iskra Lawrence, Aly Raisman, Cleo Wade and Jenna Kutcher in Aerie’s ongoing mission to empower its customers.
Five Below's (FIVE) impressive merchandise assortment, focus on pre-teen customers, enhancement of digital and e-commerce channels, and pricing strategy aids performance.
Retail is no more restricted to brick-&-mortar, and Target (TGT) has taken steps that have improved prospects in a big way.
Stocks with market capitalization between $2B and $10B, such as American Eagle Outfitters, Inc. (NYSE:AEO) with a size of US$3.6b, do not attract as much attention from the investing community Read More...
American Eagle Outfitters, Inc. (AEO) announces that its American Eagle brand is debuting an innovative and first-of-its-kind marketing concept by placing the creative direction in the hands of the customer. With a focus on AE’s commitment to provide its community with a platform for self-expression and empowerment, the spring #AExME campaign was photographed, styled and creatively directed by ten real and authentic Gen-Z cast members. “As a brand, AE has been a pioneer in collaborating with today’s youth to support self-expression and prioritizing their individuality,” commented Chad Kessler, American Eagle Global Brand President.
On a day when the broader indices sunk on global growth concerns, shares of e-retail marketplace eBay (NASDAQ:EBAY) bucked the trend and bounced higher thanks to an open letter to management from activist investor Elliott Management. In the letter, Elliott Management disclosed a $1.4 billion stake in eBay, and suggested certain strategic initiatives that they believe could cause eBay stock to double within the next two years. EBay stock rose sharply on the news. But, is that really possible? Can eBay -- a stock dogged by slow growth and margin concerns, and often viewed as the eyesore of an otherwise attractive e-commerce industry -- actually double within the next two years? InvestorPlace - Stock Market News, Stock Advice & Trading Tips Yes. There's a pathway for eBay stock to double by the end of fiscal 2020 through core product innovation, differentiated advertising, re-prioritized spend, and share repurchases. That isn't my base case. But, it certainly is possible. Moreover, my base case still points to healthy upside in a two-year window and suggests shares are undervalued here. * 7 Stupidly Cheap Stocks to Buy Now Overall, eBay stock looks good here. There is an outside chance the stock doubles within two years in an "everything goes right" scenario. But, even if everything doesn't go right, eBay stock still looks undervalued here considering the company's long-term staying power in a secular growth e-commerce industry. ### What the Letter Says Elliott Management's letter describes the fund's Enhance eBay initiative, which is a five-step process focused on unlocking and maximizing shareholder value over the next two years. Those five steps are as follows: Step 1: A comprehensive portfolio review. Essentially, Elliott Management believes that eBay should shed its StubHub and Classifieds businesses in order to re-focus on the core Marketplace business. They also believe that, given peer multiples, the standalone value of both StubHub and the Classifieds business is greater than their value as part of eBay. Thus, eBay could sell those businesses for a net gain. Step 2: Revitalizing Marketplace. Elliott Management points out that eBay has been a slow grower in an otherwise red-hot, 20%-plus growth e-commerce industry. They peg this lack of growth on a lack of focus and innovation in the e-commerce market. By re-focusing on Marketplace and emphasizing e-commerce related innovation, Elliott believes eBay can supercharge growth in the Marketplace business. Step 3: Operational improvements and margin expansion. Elliott correctly points out that the company has been unsuccessfully spending an arm and a leg to drive growth over the past several quarters, with the net result being still-slow revenue growth, out-sized expense growth, margin compression, and flat profit growth. Elliott believes that, through re-prioritizing wasteful spend, eBay can dramatically expand margins while maintaining healthy revenue growth. Step 4: Appropriate capital allocation. Although eBay has share buybacks in the pipeline, Elliott believes the company should accelerate share repurchases. They also think the company should implement a dividend with a 1.5% yield, and pursue e-commerce related M&A opportunities. Step 5: Effective leadership and oversight. Broadly speaking, Elliott believes the changes they are proposing represent a dramatic shift in company culture, and that such shift requires a re-evaluation of the talent and personnel required to lead the new eBay. Through these five steps, Elliott believes eBay can do about $4.10 in EPS by fiscal 2021, which they believe lends itself to a fiscal 2020 price target of $55 to $63-plus based on a 13 forward multiple. To put that figure in perspective, it's almost double the average analyst's 12-month price target on EBAY stock and 21% more generous than the highest analyst target of $52. ### How eBay Stock Could Double While it is often easy to write off activist investor letters and calls for 100%-plus upside as pipeline dreams of disillusioned bulls, that isn't the case here. Elliot's proposals make sense. EBay is a 5% revenue grower with broad exposure to a 20%-plus growth industry … that implies room for revenue growth acceleration through product innovation and iteration. The company also way overspends on advertising and isn't getting decent return on those ad dollars. This implies room for margin expansion if the company re-prioritizes spend. What exactly should eBay do to re-charge revenue growth and boost margins? They need to make their platform more relevant and millennial-friendly. It's no secret that eBay has a millennial problem. Millennial consumers prefer Amazon (NASDAQ:AMZN), Nike (NYSE:NKE), American Eagle (NYSE:AEO), and many other websites over eBay, which experiences a lower mindshare. It doesn't help that eBay has a minimal app presence. The company also needs to redesign its UI and improve the app experience to catch the eye of younger consumers. Also, eBay needs to start pushing dollars toward influencer marketing. It needs to leverage social media stars to promote eBay to younger audiences via Instagram, Snapchat and other social platforms. Through doing all these things, eBay should be able to maintain 5% revenue growth over the next several years. Margins should also slightly expand to ~32.5%. In combination with aggressive buybacks, that could easily drive fiscal 2023 EPS to $4.80. Based on a historically average 15 forward multiple, that equates to a fiscal 2022 price target of $72. Discounted back by 10% per year, that equates to a fiscal 2020 price target of $60, essentially double today's price. ### Bottom Line on EBAY Stock Elliott Management isn't full of hot air. EBay stock is undervalued, and there is a pathway for this stock to double over the next two years. Will it happen? Probably not. A more realistic outcome is $3.50 EPS by fiscal 2023. Using a 15x forward multiple and 10% discount rate, that equates to a fiscal 2018 price target of $36. That's still above eBay's current price tag. Thus, there's an outside chance eBay stock doubles over the next two years, and a very good chance shares rally 10% within the next few weeks. That combination makes eBay stock an attractive buy here. As of this writing, Luke Lango was long EBAY, AMZN and NKE. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Consumer Stocks to Buy for Income * 7 Dark Horse Stocks You Really Need to Look at for 2019 * 7 Retail Stocks to Buy for the Rise of Menswear Compare Brokers The post Could eBay Stock Actually Double? appeared first on InvestorPlace.
NEW YORK, Jan. 23, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
NEW YORK, NY / ACCESSWIRE / January 22, 2019 / U.S. markets closed up on Friday for the fourth consecutive session amidst optimism over the U.S.-China trade talk. The Dow Jones advanced 1.38 percent to ...