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

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Many analysts are providing their Estimated Earnings analysis for American Eagle Outfitters, Inc. and for the current quarter 22 analysts have projected that the stock could give an Average Earnings estimate of $0.17/share.

AEO has been the subject of a number of other research reports.

Net income in the quarter soared 15.3% to $33.1 million or $1.06 per diluted share from $26.7 million or 84 cents in the same quarter past year. The stock notched a 12-month high of $16.21 while $20.00 target is by far the most aggressive out of analysts who are now evaluating the company, $3.79 higher than the next highest 52-week price estimate. Buy rating has been given by 5 analysts to the company stock whereas no analyst given UNDERPERFORM rating to stock and 9 analysts given HOLD rating. Analysts believe that we could see stock price minimum in the $12 range (lowest target price), allowing for another 8.6% jump from its current position. More interesting news about American Eagle Outfitters (NYSE:AEO) were released by: Seekingalpha.com and their article: "American Eagle Outfitters: Currently Overvalued" published on April 25, 2017 as well as Bizjournals.com's news article titled: "Report: American Eagle talking to Abercrombie & Fitch over merger" with publication date: May 10, 2017. The stock traded at a volume of 28.42 million shares. The company's current price-earnings ratio amounts to 11.22 times earnings, below the average P/E ratio of 105.15 times earnings. The 1-year High price of the stock is $6.46, while the 1-year low price is $2.56. American Eagle Outfitters has a 52 week low of $13.04 and a 52 week high of $19.55. American Eagle Outfitters also was the target of some unusual options trading on Monday. Stock investors purchased 15,071 call options on the stock. This is an increase of 1,071% compared to the average volume of 791 put options. The apparel retailer reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.17 by $0.01. The business had revenue of $761.80 million for the quarter, compared to analyst estimates of $741.76 million.

The company's net profit margin stands at 15.60% whereas its return on equity (ROE) is 9.10%. The firm's quarterly revenue was up 1.7% on a year-over-year basis. For the quarter, shares have been noted at -27.94%. On average, equities analysts predict that American Eagle Outfitters will post $1.16 EPS for the current year.

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American Eagle Outfitters updated its Q2 guidance to $0.15-0.17 EPS. If you are viewing this article on another domain, it was illegally stolen and reposted in violation of USA and worldwide copyright & trademark law. The original version of this report can be accessed at https://www.themarketsdaily.com/2017/05/18/american-eagle-outfitters-aeo-downgraded-to-hold-at-deutsche-bank-ag.html.

Dividends is a reward scheme, that a company presents to its shareholders. The firm has "Neutral" rating given on Wednesday, April 19 by B. Riley & Co. American Eagle Outfitters's dividend payout ratio is presently 39.06%.

A number of hedge funds and other institutional investors have recently modified their holdings of the company. American Eagle Outfitters (NYSE:AEO) last issued its quarterly earnings data on Wednesday, March 1st. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,804 shares of the apparel retailer's stock valued at $109,000 after buying an additional 2,877 shares during the period. RidgeWorth Capital Management LLC bought a new stake in American Eagle Outfitters during the first quarter worth $29,610,000. State of Wisconsin Investment Board boosted its stake in American Eagle Outfitters by 24.1% in the third quarter. Buckingham Research started coverage on American Eagle Outfitters in a research note on Tuesday, January 24th. The Company offers a range of apparel and accessories for men and women under the American Eagle Outfitters Brand (AEO Brand), and intimates, apparel and personal care products for women under the Aerie brand.

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