American Eagle Outfitters, Inc. ( AEO ) was a big mover last session, as the company saw its shares rise almost 12% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $10.28 to $11.59 in the past one-month time frame.
The company has seen 5 negative estimate revisions in the past 30 days, while its Zacks Consensus Estimate moved lower over the same time frame, suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
American Eagle Outfitters currently has a Zacks Rank #3 (Hold) while its Earnings ESP
Other better-ranked Retail-Apparel/Shoe stocks include Citi Trends, Inc. ( CTRN
), The Men's Wearhouse, Inc. ( MW
) and Abercrombie & Fitch Co. ( ANF
). While Citi Trends and Men's Wearhouse sport a Zacks Rank #1 (Strong Buy), Abercrombie & Fitch has a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportAMER EAGLE OUTF (AEO): Free Stock Analysis ReportCITI TRENDS INC (CTRN): Free Stock Analysis ReportMENS WEARHOUSE (MW): Free Stock Analysis ReportABERCROMBIE (ANF): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research