American Outdoor Brands (NASDAQ:AOUT) Stock Rating Upgraded by Wall Street Zen

American Outdoor Brands (NASDAQ:AOUT) was upgraded by analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a note issued to investors on Saturday, Wall Street Zen reports.

Several other analysts also recently weighed in on the stock. Lake Street Capital reiterated a “buy” rating and issued a $16.00 target price on shares of American Outdoor Brands in a report on Friday. Roth Capital restated a “buy” rating and set a $17.00 price target (up from $13.50) on shares of American Outdoor Brands in a research note on Friday. Zacks Research cut American Outdoor Brands from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 25th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of American Outdoor Brands in a research report on Wednesday, June 24th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $16.50.

American Outdoor Brands Price Performance

Shares of AOUT stock opened at $14.48 on Friday. American Outdoor Brands has a 1-year low of $6.26 and a 1-year high of $14.97. The firm has a market cap of $182.74 million, a PE ratio of -46.71 and a beta of 0.27. The company has a 50-day moving average of $12.57 and a two-hundred day moving average of $10.49.

American Outdoor Brands (NASDAQ:AOUT) last released its quarterly earnings results on Thursday, September 3rd. The company reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.24) by $0.27. American Outdoor Brands had a negative net margin of 1.97% and a positive return on equity of 2.88%. The business had revenue of $37.25 million for the quarter, compared to the consensus estimate of $35.64 million. Sell-side analysts anticipate that American Outdoor Brands will post 0.39 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Brandes Investment Partners LP lifted its holdings in American Outdoor Brands by 6.6% during the 4th quarter. Brandes Investment Partners LP now owns 1,887,645 shares of the company’s stock worth $14,591,000 after buying an additional 116,971 shares in the last quarter. Gamco Investors INC. ET AL boosted its position in American Outdoor Brands by 1.6% in the 1st quarter. Gamco Investors INC. ET AL now owns 314,813 shares of the company’s stock valued at $2,940,000 after buying an additional 5,000 shares during the period. Geode Capital Management LLC grew its stake in shares of American Outdoor Brands by 104.7% in the second quarter. Geode Capital Management LLC now owns 293,683 shares of the company’s stock worth $3,070,000 after acquiring an additional 150,202 shares in the last quarter. BlackRock Inc. acquired a new position in shares of American Outdoor Brands in the second quarter worth $3,270,000. Finally, Corient Private Wealth LLC increased its position in shares of American Outdoor Brands by 422.9% during the fourth quarter. Corient Private Wealth LLC now owns 169,000 shares of the company’s stock worth $1,306,000 after acquiring an additional 136,680 shares during the period. Institutional investors and hedge funds own 49.87% of the company’s stock.

American Outdoor Brands News Summary

Here are the key news stories impacting American Outdoor Brands this week:

• Positive Sentiment: Q1 results exceeded expectations: AOUT reported adjusted EPS of $0.03, compared with the consensus estimate of a $0.24 loss and a $0.26 loss a year earlier. Revenue rose 25.4% to $37.25 million, surpassing estimates of $35.64 million. American Outdoor Brands Q1 Earnings and Revenues Beat Estimates
• Positive Sentiment: Profitability improved materially: The company swung to adjusted earnings, narrowed its reported loss, and cited operating leverage and cost discipline as key drivers of the improvement. American Outdoor Brands Fiscal Q1 Swings to Adjusted Earnings
• Positive Sentiment: Guidance was raised: Management increased fiscal 2027 adjusted EBITDA guidance to $14.5 million-$17.5 million and provided revenue guidance of $200 million-$210 million, broadly in line with the $205.1 million consensus estimate. American Outdoor Raises Fiscal 2027 EBITDA Guidance
• Positive Sentiment: Turnaround narrative strengthened: Investors are responding to new-product innovation, growth across e-commerce and traditional retail channels, and a $33.3 million net-cash position, which supports financial flexibility. American Outdoor Brands Shoots Higher as Turnaround Gains Momentum
• Neutral Sentiment: The stock’s move was notable for exceptionally heavy trading volume, indicating substantial investor interest but also the potential for elevated short-term volatility.
• Negative Sentiment: AOUT remains unprofitable on a GAAP net-income basis, with a negative net margin, and shares initially traded lower in premarket activity before the broader investor reaction turned positive. American Outdoor Brands Q1 Loss Narrows and Raises EBITDA Guidance

About American Outdoor Brands

American Outdoor Brands, Inc designs, manufactures and distributes a broad range of outdoor sports and recreational products for consumers and commercial end users. Through its Shooting & Accessories and Functional Outdoor Approaches segments, the company offers shooting sports equipment, hunting and fishing accessories, archery gear, tactical and personal defense solutions, outdoor apparel, fitness products and knife and tool categories. Its portfolio encompasses well-known brands such as Wheeler®, Tipton®, Caldwell®, Hogue®, Manticore Arms® and other specialty labels.

Formed as a standalone public company in 2016 following a spin-off from Smith & Wesson, American Outdoor Brands has its headquarters in Columbia, Missouri, with manufacturing, distribution and sales operations across North America.