Traders See Bearish Options Activity American Eagle Outfitters

 Traders See Bearish Options Activity American Eagle Outfitters

In today’s session American Eagle Outfitters (AEO) recorded an unusually high (3,579) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the January, 2017 put, expecting serious AEO decrease. With 3,579 contracts traded and 3494 open interest for the Jan, 17 contract, it seems this is a quite bearish bet. The option with symbol: AEO170120P00019000 closed last at: $1.65 or 5.7% down. About 5.07M shares traded hands. American Eagle Outfitters (NYSE:AEO) has risen 28.03% since April 27, 2016 and is uptrending. It has outperformed by 22.80% the S&P500.

American Eagle Outfitters (NYSE:AEO) Ratings Coverage

Out of 24 analysts covering American Eagle Outfitters (NYSE:AEO), 11 rate it a “Buy”, 1 “Sell”, while 12 “Hold”. This means 46% are positive. $25 is the highest target while $12 is the lowest. The $19.17 average target is 15.62% above today’s ($16.58) stock price. American Eagle Outfitters has been the topic of 44 analyst reports since August 4, 2015 according to StockzIntelligence Inc. Goldman Sachs maintained American Eagle Outfitters (NYSE:AEO) rating on Thursday, August 18. Goldman Sachs has “Sell” rating and $12 price target. The stock of American Eagle Outfitters (NYSE:AEO) has “Outperform” rating given on Monday, October 10 by BMO Capital Markets. The stock has “Outperform” rating given by Wolfe Research on Monday, January 11. The company was maintained on Thursday, September 17 by Cowen & Co. The company was upgraded on Thursday, August 11 by Wunderlich. The company was upgraded on Tuesday, August 25 by FBR Capital. The stock has “Peer Perform” rating given by Wolfe Research on Monday, November 14. As per Monday, November 7, the company rating was downgraded by BlueFin Research. The stock of American Eagle Outfitters (NYSE:AEO) earned “Neutral” rating by Mizuho on Friday, January 8. Stifel Nicolaus maintained the stock with “Buy” rating in Thursday, May 19 report.

According to Zacks Investment Research, “American Eagle Outfitters is a specialty retailer of all-American casual apparel, accessories, and footwear for men and women between the ages of 16 and 34. The company sources, designs, and markets a versatile line of timeless and relaxed clothing classics like jeans, khakis, and T-shirts under its American Eagle Outfitters and AE brand names for exclusive sale in its stores. The company is focused on several core brand and merchandising strategies to differentiate the company from competition, improve profitability and increase sales.”

American Eagle Outfitters, Inc. is a specialty retailer, operating over 1,000 retail stores and online at ae.com and aerie.com in the United States and internationally. The company has a market cap of $3.10 billion. The Firm operates in the segment of American Eagle Outfitters Brand (AEO Brand) retail stores, Aerie by American Eagle Outfitters retail stores and AEO Direct. It has a 13.59 P/E ratio. It offers an assortment of apparel and accessories for men and women under the American Eagle Outfitters brand, and intimates, apparel and personal care products for women under the Aerie brand.

AEO Company Profile

American Eagle Outfitters, Inc. (AEO Inc.), incorporated on January 26, 1972, is a specialty retailer, operating over 1,000 retail stores and online at ae.com and aerie.com in the United States and internationally. The Firm operates in the segment of American Eagle Outfitters Brand (AEO Brand) retail stores, Aerie by American Eagle Outfitters retail stores and AEO Direct. The Firm offers an assortment of apparel and accessories for men and women under the American Eagle Outfitters brand, and intimates, apparel and personal care products for women under the Aerie brand. It also has license agreements with third parties to operate American Eagle Outfitters and Aerie stores throughout Asia, Europe, Latin America and the Middle East. The Firm operates over 950 American Eagle Outfitters stores and approximately 100 Aerie stand-alone stores. It has store base in approximately 140 locations in over 20 countries and its online business ships to approximately 80 countries around the world.

More notable recent American Eagle Outfitters (NYSE:AEO) news were published by: Rttnews.com which released: “American Eagle Outfitters appoints Bob Madore as EVP, Chief Financial Officer” on September 29, 2016, also Marketwatch.com with their article: “American Eagle Outfitters shares sink on weak outlook” published on November 30, 2016, Streetinsider.com published: “American Eagle Outfitters (AEO) Reports In-Line Q3 EPS, Comps Increase 2%” on November 30, 2016. More interesting news about American Eagle Outfitters (NYSE:AEO) were released by: Reuters.com and their article: “BRIEF-American Eagle Outfitters Q3 earnings per share $0.41” published on November 30, 2016 as well as Nasdaq.com‘s news article titled: “American Eagle Outfitters (AEO) Q3 Earnings: What’s Up?” with publication date: November 24, 2016.

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