American Eagle Outfitters, Inc. (NYSE:AEO - Get Free Report) was the recipient of some unusual options trading on Thursday. Traders bought 57,687 call options on the stock. This is an increase of approximately 424% compared to the average daily volume of 11,011 call options.
American Eagle Outfitters Price Performance
AEO stock traded up $0.49 during trading on Friday, hitting $11.77. 19,597,849 shares of the company's stock traded hands, compared to its average volume of 9,015,894. The business has a fifty day simple moving average of $10.28 and a 200 day simple moving average of $12.03. The stock has a market capitalization of $2.04 billion, a price-to-earnings ratio of 12.01 and a beta of 1.45. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.56 and a current ratio of 1.38. American Eagle Outfitters has a 52 week low of $9.27 and a 52 week high of $22.83.
American Eagle Outfitters (NYSE:AEO - Get Free Report) last posted its quarterly earnings results on Thursday, May 29th. The apparel retailer reported ($0.29) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.25) by ($0.04). American Eagle Outfitters had a return on equity of 13.34% and a net margin of 3.73%. The company had revenue of $1.09 billion during the quarter, compared to analysts' expectations of $1.08 billion. During the same period in the prior year, the business posted $0.34 EPS. The company's quarterly revenue was down 4.7% on a year-over-year basis. As a group, research analysts expect that American Eagle Outfitters will post 1.7 EPS for the current fiscal year.
American Eagle Outfitters Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, July 25th. Investors of record on Friday, July 11th were given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 4.25%. The ex-dividend date of this dividend was Friday, July 11th. American Eagle Outfitters's payout ratio is currently 51.02%.
Wall Street Analyst Weigh In
AEO has been the topic of a number of research analyst reports. Barclays decreased their price target on American Eagle Outfitters from $10.00 to $9.00 and set an "underweight" rating on the stock in a research report on Monday, May 12th. JPMorgan Chase & Co. reduced their target price on American Eagle Outfitters from $10.00 to $9.00 and set a "neutral" rating on the stock in a report on Wednesday, May 14th. Wall Street Zen downgraded American Eagle Outfitters from a "hold" rating to a "sell" rating in a research note on Saturday, June 7th. Telsey Advisory Group lifted their target price on American Eagle Outfitters to $12.00 and gave the company a "hold" rating in a research report on Friday, May 30th. Finally, BMO Capital Markets reduced their price target on American Eagle Outfitters from $15.00 to $11.00 and set a "market perform" rating for the company in a report on Wednesday, May 14th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $14.70.
Check Out Our Latest Stock Report on American Eagle Outfitters
Institutional Investors Weigh In On American Eagle Outfitters
A number of institutional investors have recently made changes to their positions in AEO. GAMMA Investing LLC boosted its stake in shares of American Eagle Outfitters by 380.4% in the first quarter. GAMMA Investing LLC now owns 2,325 shares of the apparel retailer's stock valued at $27,000 after purchasing an additional 1,841 shares during the period. Huntington National Bank increased its holdings in shares of American Eagle Outfitters by 258.8% in the 4th quarter. Huntington National Bank now owns 2,045 shares of the apparel retailer's stock valued at $34,000 after acquiring an additional 1,475 shares during the period. Asset Management One Co. Ltd. increased its stake in American Eagle Outfitters by 38.7% in the 1st quarter. Asset Management One Co. Ltd. now owns 4,173 shares of the apparel retailer's stock valued at $48,000 after buying an additional 1,165 shares during the period. State of Wyoming acquired a new position in American Eagle Outfitters in the 4th quarter valued at $49,000. Finally, AlphaQuest LLC increased its stake in American Eagle Outfitters by 654,400.0% in the 1st quarter. AlphaQuest LLC now owns 6,545 shares of the apparel retailer's stock valued at $76,000 after buying an additional 6,544 shares during the period. 97.33% of the stock is currently owned by institutional investors and hedge funds.
About American Eagle Outfitters
(
Get Free Report)
American Eagle Outfitters, Inc operates as a multi-brand specialty retailer in the United States and internationally. The company provides jeans, apparel and accessories, and personal care products for women and men under the American Eagle brand; and intimates, apparel, activewear, and swim collections under the Aerie and OFFLINE by Aerie brands.
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