On April 6, 2023 at 10:14:27 ET an unusually large
$546.92K block of Put contracts in American Eagle Outfitters
(AEO) was sold,
with a strike price of $18.00 / share, expiring in 134 days (on August 18, 2023).
Fintel tracks all large options trades, and the premium spent on this trade was 1.94 sigmas above the mean, placing it in the 100.00 percentile of all recent large trades made in AEO options.
This trade was first picked up on Fintel’s real time Unusual Option Trades
tool, where unusual option trades are highlighted.
Analyst Price Forecast Suggests 20.13% Upside
As of April 6, 2023,
the average one-year price target for American Eagle Outfitters is $16.51.
The forecasts range from a low of $12.12 to a high of $21.00.
The average price target represents an increase of 20.13% from its latest reported closing price of $13.74.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for American Eagle Outfitters
is $5,162MM, an increase of 3.45%.
The projected annual non-GAAP EPS
is $1.14.
What is the Fund Sentiment?
There are 654 funds or institutions reporting positions in American Eagle Outfitters.
This is a decrease
of
56
owner(s) or 7.89% in the last quarter.
Average portfolio weight of all funds dedicated to AEO is 0.16%,
an increase
of 9.81%.
Total shares owned by institutions decreased
in the last three months by 2.86% to 196,397K shares.
The put/call ratio of AEO is 0.89, indicating a
bullish
outlook.
What are Large Shareholders Doing?
IJR – iShares Core S&P Small-Cap ETF
holds 12,909K shares
representing 6.60% ownership of the company.
In it’s prior filing, the firm reported owning 11,490K shares, representing
an increase
of 10.99%.
The firm
increased
its portfolio allocation in AEO by 46.65% over the last quarter.
FBGRX – Fidelity Blue Chip Growth Fund
holds 11,962K shares
representing 6.12% ownership of the company.
In it’s prior filing, the firm reported owning 11,738K shares, representing
an increase
of 1.87%.
The firm
increased
its portfolio allocation in AEO by 35.88% over the last quarter.
Cooke & Bieler
holds 8,305K shares
representing 4.25% ownership of the company.
In it’s prior filing, the firm reported owning 8,399K shares, representing
a decrease
of 1.13%.
The firm
increased
its portfolio allocation in AEO by 29.35% over the last quarter.
VTSMX – Vanguard Total Stock Market Index Fund Investor Shares
holds 5,145K shares
representing 2.63% ownership of the company.
In it’s prior filing, the firm reported owning 4,596K shares, representing
an increase
of 10.67%.
The firm
increased
its portfolio allocation in AEO by 48.32% over the last quarter.
NAESX – Vanguard Small-Cap Index Fund Investor Shares
holds 4,346K shares
representing 2.22% ownership of the company.
In it’s prior filing, the firm reported owning 3,867K shares, representing
an increase
of 11.02%.
The firm
increased
its portfolio allocation in AEO by 49.27% over the last quarter.
American Eagle Outfitters Declares $0.10 Dividend
On February 28, 2023 the company declared a regular
quarterly dividend of $0.10 per share ($0.40 annualized).
Shareholders of record as of April 6, 2023
will receive the payment on April 21, 2023.
Previously, the company paid $0.18 per share.
At the current share price of $13.74 / share,
the stock’s dividend yield is 2.91%.
Looking back five years and taking a sample every week, the average dividend yield has been
3.58%,
the lowest has been 1.48%,
and the highest has been 7.38%.
The standard deviation of yields is 1.51 (n=204).
The current dividend yield is
0.44 standard deviations
below
the historical average.
Additionally, the company’s dividend payout ratio is 0.63.
The payout ratio tells us how much of a company’s income is paid out in dividends. A payout ratio of one (1.0)
means 100% of the company’s income is paid in a dividend.
A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend – not a
healthy situation.
Companies with few growth prospects are expected to pay out most of their income in dividends, which typically
means a payout ratio between 0.5 and 1.0.
Companies with good growth prospects are expected to retain some earnings in order to invest
in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company’s 3-Year dividend growth rate is -0.27%.
American Eagle Outfitters Background Information
(This description is provided by the company.)
American Eagle Outfitters, Inc. is a leading global specialty retailer offering high-quality, on-trend clothing, accessories and personal care products at affordable prices under its American Eagle® and Aerie® brands. The company’s purpose is to show the world that there’s REAL power in the optimism of youth. The company operates stores in the United States, Canada, Mexico, and Hong Kong, and ships to 81 countries worldwide through its websites. American Eagle and Aerie merchandise also is available at more than 200 international locations operated by licensees in 25 countries.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
