Analysts expect American Outdoor Brands Corp (NASDAQ:AOBC) to post earnings of $0.07 per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for American Outdoor Brands’ earnings, with estimates ranging from $0.05 to $0.10. American Outdoor Brands posted earnings per share of $0.21 during the same quarter last year, which indicates a negative year over year growth rate of 66.7%. The firm is scheduled to announce its next quarterly earnings report on Thursday, August 29th.

According to Zacks, analysts expect that American Outdoor Brands will report full-year earnings of $0.81 per share for the current fiscal year, with EPS estimates ranging from $0.76 to $0.85. For the next fiscal year, analysts forecast that the business will post earnings of $0.96 per share, with EPS estimates ranging from $0.84 to $1.07. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research analysts that cover American Outdoor Brands.

American Outdoor Brands (NASDAQ:AOBC) last issued its quarterly earnings results on Wednesday, June 19th. The company reported $0.26 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.16 by $0.10. American Outdoor Brands had a net margin of 2.88% and a return on equity of 10.55%. The company had revenue of $175.73 million during the quarter, compared to analyst estimates of $168.99 million. During the same quarter last year, the business posted $0.24 EPS. American Outdoor Brands’s quarterly revenue was up 2.2% compared to the same quarter last year.

A number of research analysts recently weighed in on AOBC shares. Wedbush set a $190.00 price objective on shares of Home Depot and gave the company a “hold” rating in a research note on Wednesday, May 22nd. ValuEngine lowered shares of Zynerba Pharmaceuticals from a “buy” rating to a “hold” rating in a research note on Wednesday, July 17th. Zacks Investment Research upgraded shares of Barings BDC from a “hold” rating to a “buy” rating and set a $11.00 price objective for the company in a research note on Monday. Cowen reiterated a “hold” rating and issued a $12.00 price objective on shares of American Outdoor Brands in a research note on Wednesday, June 19th. Finally, BidaskClub lowered shares of Xencor from a “sell” rating to a “strong sell” rating in a research note on Tuesday, June 11th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $12.60.

In other news, Director Michael F. Golden sold 20,000 shares of the business’s stock in a transaction on Monday, April 29th. The shares were sold at an average price of $10.01, for a total transaction of $200,200.00. Following the completion of the transaction, the director now directly owns 256,432 shares in the company, valued at approximately $2,566,884.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Michael F. Golden sold 18,000 shares of the business’s stock in a transaction on Friday, April 26th. The shares were sold at an average price of $10.01, for a total transaction of $180,180.00. Following the transaction, the director now owns 256,432 shares of the company’s stock, valued at $2,566,884.32. The disclosure for this sale can be found here. 2.47% of the stock is currently owned by insiders.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Private Advisors LLC purchased a new position in shares of American Outdoor Brands during the 1st quarter valued at $370,000. Knott David M grew its position in shares of American Outdoor Brands by 18.2% during the 1st quarter. Knott David M now owns 390,000 shares of the company’s stock valued at $3,643,000 after purchasing an additional 60,000 shares in the last quarter. Martingale Asset Management L P bought a new stake in shares of American Outdoor Brands during the 1st quarter worth $757,000. Ibex Investors LLC lifted its holdings in shares of American Outdoor Brands by 25.7% during the 1st quarter. Ibex Investors LLC now owns 79,465 shares of the company’s stock worth $742,000 after acquiring an additional 16,246 shares during the last quarter. Finally, Cetera Advisor Networks LLC lifted its holdings in shares of American Outdoor Brands by 3.2% during the 1st quarter. Cetera Advisor Networks LLC now owns 34,686 shares of the company’s stock worth $326,000 after acquiring an additional 1,086 shares during the last quarter. Hedge funds and other institutional investors own 66.63% of the company’s stock.

American Outdoor Brands stock traded down $0.02 during mid-day trading on Monday, reaching $9.37. The company’s stock had a trading volume of 535,663 shares, compared to its average volume of 745,762. American Outdoor Brands has a 12-month low of $8.19 and a 12-month high of $15.95. The firm has a market cap of $514.57 million, a P/E ratio of 11.29 and a beta of 0.15. The company has a quick ratio of 1.21, a current ratio of 2.68 and a debt-to-equity ratio of 0.44. The stock has a fifty day moving average of $8.89.

American Outdoor Brands Company Profile

American Outdoor Brands Corporation designs, manufactures, and sells firearms worldwide. The company's Firearms segment offers handguns, long guns, handcuffs, suppressors, and other firearm-related products under the Smith & Wesson, M&P, Performance Center, Gemtech, and Thompson/Center Arms brands.

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Earnings History and Estimates for American Outdoor Brands (NASDAQ:AOBC)

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