Telsey Advisory Sticks to Their Hold Rating for American Eagle (AEO)

Telsey Advisory analyst Dana Telsey maintained a Hold rating on American Eagle today and set a price target of $28.00.

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Telsey covers the Consumer Cyclical sector, focusing on stocks such as Steven Madden, Birkenstock Holding plc, and Urban Outfitters. According to TipRanks, Telsey has an average return of 1.8% and a 42.19% success rate on recommended stocks.

In addition to Telsey Advisory, American Eagle also received a Hold from TipRanks – xAI’s xAi Apparel – Retail in a report issued today. However, on the same day, TipRanks – PerPlexity reiterated a Buy rating on American Eagle (NYSE: AEO).

Based on American Eagle’s latest earnings release for the quarter ending November 1, the company reported a quarterly revenue of $1.36 billion and a net profit of $91.34 million. In comparison, last year the company earned a revenue of $1.29 billion and had a net profit of $80.02 million

Based on the recent corporate insider activity of 54 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AEO in relation to earlier this year. Last month, Noel Joseph Spiegel, a Director at AEO sold 1,896.00 shares for a total of $48,651.36.