American Eagle Outfitters Target of Unusually Large Options Trading (NYSE:AEO)

American Eagle Outfitters, Inc. (NYSE:AEOGet Rating) was the target of unusually large options trading activity on Wednesday. Stock investors purchased 8,720 put options on the stock. This is an increase of 47% compared to the typical daily volume of 5,921 put options.

Institutional Trading of American Eagle Outfitters

A number of large investors have recently added to or reduced their stakes in AEO. Regentatlantic Capital LLC purchased a new position in shares of American Eagle Outfitters in the first quarter worth about $213,000. Mutual of America Capital Management LLC increased its stake in shares of American Eagle Outfitters by 2.0% in the first quarter. Mutual of America Capital Management LLC now owns 139,944 shares of the apparel retailer’s stock worth $2,351,000 after purchasing an additional 2,718 shares in the last quarter. Outfitter Financial LLC increased its stake in shares of American Eagle Outfitters by 6.3% in the first quarter. Outfitter Financial LLC now owns 26,030 shares of the apparel retailer’s stock worth $437,000 after purchasing an additional 1,550 shares in the last quarter. Fort Washington Investment Advisors Inc. OH increased its stake in shares of American Eagle Outfitters by 13.9% in the first quarter. Fort Washington Investment Advisors Inc. OH now owns 663,857 shares of the apparel retailer’s stock worth $11,153,000 after purchasing an additional 80,770 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D increased its stake in shares of American Eagle Outfitters by 14.5% in the first quarter. State of New Jersey Common Pension Fund D now owns 121,616 shares of the apparel retailer’s stock worth $2,043,000 after purchasing an additional 15,399 shares in the last quarter.

American Eagle Outfitters Stock Performance

Shares of AEO stock opened at $12.56 on Friday. The firm has a 50-day moving average of $10.81 and a 200-day moving average of $11.89. The company has a market cap of $2.35 billion, a P/E ratio of 13.80, a P/E/G ratio of 1.70 and a beta of 1.34. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.64 and a quick ratio of 0.68. American Eagle Outfitters has a one year low of $9.46 and a one year high of $29.19.

American Eagle Outfitters (NYSE:AEOGet Rating) last posted its quarterly earnings data on Wednesday, September 7th. The apparel retailer reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.09). American Eagle Outfitters had a return on equity of 19.05% and a net margin of 3.81%. The company had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.20 billion. During the same quarter last year, the business posted $0.60 EPS. The business’s quarterly revenue was up .3% on a year-over-year basis. Equities research analysts forecast that American Eagle Outfitters will post 0.66 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

AEO has been the topic of several research analyst reports. Barclays increased their target price on shares of American Eagle Outfitters from $10.00 to $11.00 and gave the stock an “equal weight” rating in a research note on Friday, September 9th. Cowen cut their target price on shares of American Eagle Outfitters from $13.00 to $11.00 and set a “market perform” rating on the stock in a research note on Thursday, September 8th. UBS Group cut their target price on shares of American Eagle Outfitters to $16.00 in a research note on Tuesday, August 30th. Telsey Advisory Group cut their target price on shares of American Eagle Outfitters from $15.00 to $13.00 and set a “market perform” rating on the stock in a research note on Thursday, September 8th. Finally, Cowen dropped their price objective on shares of American Eagle Outfitters from $13.00 to $11.00 and set a “market perform” rating on the stock in a research note on Thursday, September 8th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $13.77.

American Eagle Outfitters Company Profile

(Get Rating)

American Eagle Outfitters, Inc operates as a specialty retailer that provides clothing, accessories, and personal care products under the American Eagle and Aerie brands. The company provides jeans, and specialty apparel and accessories for women and men; and intimates, apparel, activewear, and swim collections, as well as personal care products for women.

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