Jefferies Reiterates a 'Buy' on Aeropostale, Inc. (ARO); Post Game Show - Dynamics Start Showing Up
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Price: $16.52 +0.06%
Rating Summary:
10 Buy, 20 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 25 | New: 24
Rating Summary:
10 Buy, 20 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 25 | New: 24
Trade ARO Now!
Jefferies reiterates a 'Buy' on Aeropostale, Inc. (NYSE: ARO) price target of $21.00.
Analyst, Randal J. Konik, said, "ARO hit a rough patch in 2Q with weak topline further decelerating into early BTS, driven by high competition within the basics category. While current trends are challenging, we think 2H will be helped by easy compares and leaner inventory levels in teen retail (especially at some of ARO's key competitors), which should alleviate topline pressure. With valuation very cheap we think risk/reward is attractive." (FY12 EPS Estimate lowered from $1.30 to $1.15)
For an analyst ratings summary and ratings history on Aeropostale, Inc. click here. For more ratings news on Aeropostale, Inc. click here.
Shares of Aeropostale, Inc. closed at $13.66 yesterday, with a 52 week range of $9.16-$23.05.
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Analyst, Randal J. Konik, said, "ARO hit a rough patch in 2Q with weak topline further decelerating into early BTS, driven by high competition within the basics category. While current trends are challenging, we think 2H will be helped by easy compares and leaner inventory levels in teen retail (especially at some of ARO's key competitors), which should alleviate topline pressure. With valuation very cheap we think risk/reward is attractive." (FY12 EPS Estimate lowered from $1.30 to $1.15)
For an analyst ratings summary and ratings history on Aeropostale, Inc. click here. For more ratings news on Aeropostale, Inc. click here.
Shares of Aeropostale, Inc. closed at $13.66 yesterday, with a 52 week range of $9.16-$23.05.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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