Media stories about American Outdoor Brands Corporation (NASDAQ:AOBC) have been trending somewhat positive on Sunday, Accern reports. The research firm identifies negative and positive news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. American Outdoor Brands Corporation earned a coverage optimism score of 0.19 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.8661474849909 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Here are some of the news headlines that may have effected Accern Sentiment’s rankings:

American Outdoor Brands Corporation (NASDAQ AOBC) traded down $0.11 during trading on Friday, hitting $14.26. 1,312,428 shares of the stock traded hands, compared to its average volume of 1,097,103. American Outdoor Brands Corporation has a 52 week low of $13.28 and a 52 week high of $28.57. The firm has a market capitalization of $770.07, a price-to-earnings ratio of 7.39, a P/E/G ratio of 1.15 and a beta of -0.14. The company has a quick ratio of 0.80, a current ratio of 1.63 and a debt-to-equity ratio of 0.41.

American Outdoor Brands Corporation (NASDAQ:AOBC) last released its quarterly earnings results on Thursday, September 7th. The company reported $0.02 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.11 by ($0.09). The firm had revenue of $129.02 million for the quarter, compared to analyst estimates of $147.24 million. American Outdoor Brands Corporation had a net margin of 10.96% and a return on equity of 27.91%. American Outdoor Brands Corporation’s revenue for the quarter was down 37.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.66 earnings per share. sell-side analysts forecast that American Outdoor Brands Corporation will post 1.13 earnings per share for the current fiscal year.

A number of research firms have weighed in on AOBC. Vetr downgraded shares of American Outdoor Brands Corporation from a “strong-buy” rating to a “buy” rating and set a $23.50 price target on the stock. in a research note on Wednesday, July 12th. Aegis reaffirmed a “buy” rating and set a $23.00 price target on shares of American Outdoor Brands Corporation in a research note on Wednesday, September 20th. Craig Hallum reaffirmed a “hold” rating and set a $17.00 price target on shares of American Outdoor Brands Corporation in a research note on Wednesday, September 20th. Forward View raised shares of American Outdoor Brands Corporation from a “hold” rating to a “buy” rating in a research note on Tuesday, September 12th. Finally, TheStreet downgraded shares of American Outdoor Brands Corporation from a “b” rating to a “c” rating in a research note on Thursday, September 7th. One analyst has rated the stock with a sell rating, six have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. American Outdoor Brands Corporation has an average rating of “Hold” and an average price target of $19.68.

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About American Outdoor Brands Corporation

American Outdoor Brands Corporation, formerly Smith & Wesson Holding Corporation, is a manufacturer of firearms and a provider of accessory products for the shooting, hunting and outdoor enthusiast. The Company operates through two segments. The Firearms segment manufactures handgun and long gun products sold under the Smith & Wesson, M&P and Thompson/Center Arms brands, as well as providing forging, machining and precision plastic injection molding services.

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