BidaskClub cut shares of American Outdoor Brands (NASDAQ:AOBC) from a sell rating to a strong sell rating in a report released on Wednesday.

AOBC has been the topic of a number of other reports. ValuEngine lowered shares of American Outdoor Brands from a buy rating to a hold rating in a report on Tuesday, March 5th. Zacks Investment Research upgraded shares of American Outdoor Brands from a hold rating to a buy rating and set a $15.00 target price on the stock in a report on Wednesday, December 12th. Wedbush reduced their target price on shares of American Outdoor Brands from $16.50 to $15.30 and set an outperform rating on the stock in a report on Tuesday, December 4th. Finally, Cowen reiterated a hold rating and set a $12.00 target price on shares of American Outdoor Brands in a report on Friday, December 7th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of Hold and an average price target of $13.60.

NASDAQ:AOBC opened at $9.69 on Wednesday. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.94 and a quick ratio of 1.22. The company has a market cap of $528.67 million, a P/E ratio of 21.07 and a beta of -0.07. American Outdoor Brands has a fifty-two week low of $9.27 and a fifty-two week high of $15.95.

American Outdoor Brands (NASDAQ:AOBC) last posted its quarterly earnings data on Thursday, March 7th. The company reported $0.16 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.12 by $0.04. The firm had revenue of $162.01 million during the quarter, compared to analysts’ expectations of $162.55 million. American Outdoor Brands had a net margin of 2.56% and a return on equity of 10.47%. As a group, equities analysts forecast that American Outdoor Brands will post 0.73 EPS for the current year.

A number of institutional investors have recently added to or reduced their stakes in AOBC. Captrust Financial Advisors acquired a new stake in American Outdoor Brands during the 4th quarter worth approximately $29,000. FNY Investment Advisers LLC raised its holdings in shares of American Outdoor Brands by 187.2% in the 4th quarter. FNY Investment Advisers LLC now owns 2,892 shares of the company’s stock valued at $37,000 after purchasing an additional 1,885 shares in the last quarter. AlphaCrest Capital Management LLC acquired a new stake in shares of American Outdoor Brands in the 4th quarter valued at $172,000. Stone Ridge Asset Management LLC acquired a new stake in shares of American Outdoor Brands in the 3rd quarter valued at $206,000. Finally, Metropolitan Life Insurance Co. NY raised its holdings in shares of American Outdoor Brands by 314.3% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 16,177 shares of the company’s stock valued at $208,000 after purchasing an additional 12,272 shares in the last quarter. Institutional investors own 71.42% of the company’s stock.

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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