American Eagle Outfitters Stock Hits New 52-Week High (AEO)
American Eagle Outfitters (NYSE:AEO) hit a new 52-week high Tuesday as it is currently trading at $22.52, above its previous 52-week high of $22.50 with 1.9 million shares traded as of 2:40 p.m. ET. Average volume has been 3.8 million shares over the past 30 days.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model NEW YORK ( TheStreet) -- American Eagle Outfitters (NYSE: AEO) hit a new 52-week high Tuesday as it is currently trading at $22.52, above its previous 52-week high of $22.50 with 1.9 million shares traded as of 2:40 p.m. ET. Average volume has been 3.8 million shares over the past 30 days. American Eagle Outfitters has a market cap of $4.37 billion and is part of the services sector and retail industry. Shares are up 45.5% year to date as of the close of trading on Friday. American Eagle Outfitters, Inc., together with its subsidiaries, operates as an apparel and accessories retailer in the United States and Canada. The company has a P/E ratio of 24.2, below the average retail industry P/E ratio of 27.1 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates American Eagle Outfitters as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full American Eagle Outfitters Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center. FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge! Free download now.