American Eagle Outfitters (AEO 0.73%) is a retail staple in the teen basics space. That said, teens are notoriously fickle customers, which complicates things.

Going by our American Eagle Outfitters’ Valuation, with an EPS estimate of around $1.78 and a P/E multiple of 12.9x in fiscal 2024, this translates into a price of around $23, ...