Range 15.61 - 16.05
52 week 11.35 - 18.19
Open 16.00
Vol / Avg. 6.56M/5.06M
Mkt cap 3.04B
P/E 17.26
Div/yield 0.11/2.82
EPS 0.
I would not invest in American Eagle Outfitters because the stock is starting to go down. The price range in the last 52 weeks is from 11.35 to 18.19 and at the moment it is 15.61. The stock went down by 1.89% and it is likely that it will continue to do so because according to the news, Stephanie Clifford said, “As retailers have been warning, their costs are rising as cotton and other materials get more expensive, laborers in China demand higher wages and fuel prices go up.” American Eagle has no choice but raise their price on the products. “For example, at American Eagle Outfitters, the price of striped polo shirts was raised about a week ago to $34.50, up from $29.50.” (Camouflaging Price Creep) Moreover, in the terms of RPE in the Apparel Retail Industry, American Eagle Outfitters rank the lowest. (zacks.com)
http://www.nytimes.com/2011/04/23/business/23prices.html
http://www.zacks.com/research/get_news.php?id=110l6929
- Anzhelica Masheyeva
No comments:
Post a Comment