American Eagle Outfitters Rises On Unusually High Volume (AEO)

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) is trading at unusually high volume Wednesday with 7.2 million shares changing hands. It is currently at two times its average daily volume and trading up 56 cents (+2.8%) at $20.87 as of 2 p.m. ET.

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American Eagle Outfitters has a market cap of $3.89 billion and is part of the services sector and retail industry. Shares are down 1% year to date as of the close of trading on Tuesday.

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 15.3, below 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 impressive record of earnings per share growth, compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full American Eagle Outfitters Ratings Report.

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