The Barchart Chart of the Day belongs to the retail apparel stock American Eagle Outfitters (AEO).

American Eagle Outfitters, Inc. is a leading global specialty retailer offering high-quality, on-trend clothing, accessories and personal care products at affordable prices under its American Eagle Outfitters and Aerie brands. The company sources, designs, and markets a versatile line of timeless and relaxed clothing classics like jeans, khakis, and T-shirts under its American Eagle Outfitters and AE brand names for exclusive sale in its stores. The company is focused on several core brand and merchandising strategies to differentiate the company from competition, improve profitability and increase sales.

Barchart technical indicators:

  • 100% technical buy signals
  • 138.37+ Weighted Alpha
  • 143.58% technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 13 new highs and up 18.77% in the last month
  • Relative Strength Index 69.03%
  • Technical support level at 26.68
  • Recently traded at 27.33 with a 50 day moving average of 24.51
  • Fundamental factors:

  • Market Cap $4.84 billion
  • P/E 2166
  • Dividend Yield 2.06%
  • Revenue expected to grow 4.10% this year and another 3.90% next year
  • Earnings estimated to increase 29.30% this year, an additional 6.70% next year and continue to compound at an annual rate of 6.00% for the next 5 years
  • Wall Street analysts have 1 strong buy, 6 buy, 10 hold and 2 under perform recommendations in place on the stock