Stifel Nicolaus Reaffirms “Hold” Rating for Aeropostale Inc (ARO)
Stifel Nicolaus reaffirmed their hold rating on shares of Aeropostale Inc (NYSE:ARO) in a research note released on Sunday morning, AnalystRatings.NET reports.
A hedge fund recently raised its stake in Aeropostale stock. Simplex Trading raised its position in Aeropostale Inc (NYSE:ARO) by 469.6% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,284 shares of the apparel retailer’s stock after buying an additional 1,883 shares during the period.
Aeropostale (NYSE:ARO) traded up 4.12% on Friday, hitting $0.26. 2,631,398 shares of the company traded hands. Aeropostale has a 12 month low of $0.23 and a 12 month high of $4.39. The stock’s 50-day moving average is $0.28 and its 200 day moving average is $0.77. The stock’s market cap is $20.80 million.
Aeropostale (NYSE:ARO) last announced its quarterly earnings results on Wednesday, December 2nd. The apparel retailer reported ($0.31) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.34) by $0.03. The company had revenue of $363.30 million for the quarter, compared to analyst estimates of $392.67 million. During the same quarter in the prior year, the business earned ($0.45) earnings per share. Aeropostale’s revenue was down 19.8% compared to the same quarter last year. Equities research analysts expect that Aeropostale will post ($1.56) earnings per share for the current fiscal year.
A number of other research analysts have also commented on ARO. Wunderlich dropped their price objective on shares of Aeropostale from $3.50 to $0.50 and set a hold rating on the stock in a research note on Monday, October 19th. Zacks Investment Research lowered shares of Aeropostale from a hold rating to a sell rating in a research note on Thursday, October 29th. SunTrust lifted their price objective on shares of Aeropostale from $3.00 to $3.50 and gave the company a neutral rating in a research note on Monday, November 2nd. Topeka Capital Markets lifted their price objective on shares of Aeropostale from $3.00 to $3.50 and gave the company a hold rating in a research note on Monday, November 2nd. Finally, Mizuho dropped their price objective on shares of Aeropostale from $1.50 to $0.65 and set a neutral rating on the stock in a research note on Thursday, December 3rd. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has assigned a buy rating to the stock. The stock presently has a consensus rating of Hold and an average target price of $1.78.
Aeropostale, Inc. is a mall-based, specialty retailer of casual apparel and accessories. The Company operates through two segments: retail stores and e-commerce, and international licensing. It is principally focused on 14 to 17 year-old young women and men through its Aeropostale stores and 4 to 12 year-olds through its P.S. from Aeropostale stores. As of January 31, 2015, it operated 860 stores, consisting of 773 Aeropostale stores in all 50 states and Puerto Rico, 61 Aeropostale stores in Canada, as well as 26 P.S. from Aeropostale stores in 12 states. In addition, pursuant to various licensing agreements, its licensees operated 239 Aeropostale and P.S. from Aeropostale locations in the Middle East, Asia, Europe and Latin America as of January 31, 2015. It also operates GoJane.com, an online women’s fashion footwear and apparel retailer.
Frustrated with your broker? Are you tired of paying high fees? Do you feel like you are getting ripped off by your stock broker? It's time for a change. Find out which brokerage is best for your personal trading style at the InvestorPlace Broker Center. Compare brokers at a glance in the InvestorPlace Broker Center (Click Here).
Receive News & Ratings for Aeropostale Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aeropostale Inc and related companies with MarketBeat.com's FREE daily email newsletter.






