Many analysts have provided their estimated foresights on American Outdoor Brands Corporation Earnings, with 7 analysts believing the company would generate an Average Estimate of $0.37. We should also note their 52-Week High and Low: the shares now trade -28.95% away from their high and 26.63% from the low. Finally, O Shaughnessy Asset Management LLC purchased a new position in shares of American Outdoor Brands Corporation during the first quarter worth approximately $108,000.
In related news, Director Robert L. Scott sold 10,000 shares of the business's stock in a transaction that occurred on Friday, June 2nd. American Outdoor Brands Corporation (NASDAQ:AOBC) has a market cap of $1.34 billion and over the last 12 months, AOBC has gone weaker by -9.67%. Vetr cut shares of American Outdoor Brands Corporation from a "strong-buy" rating to a "buy" rating and set a $21.76 price objective on the stock.in a research report on Monday, March 13th. Comparatively, 69.0% of American Outdoor Brands Corporation shares are held by institutional investors. Jefferies Group LLC reduced their price objective on American Outdoor Brands Corporation to $20.00 in a report on Friday, March 3rd. NY now owns 32,400 shares of the company's stock worth $641,000 after buying an additional 5,200 shares during the last quarter.
Analysts are also projecting an Average Revenue Estimate for American Outdoor Brands Corporation as $211170 in the Current Quarter. Company stock has moved down -7.44% since the open, landing shares on today's list of top losers. American Outdoor Brands Corp (NASDAQ:AOBC)'s price to free cash flow for trailing twelve months is 8.1. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock.
The company has now beaten consensus EPS estimates in each of the past five quarters. On average, equities analysts anticipate that American Outdoor Brands Corporation will post $1.63 EPS for the current fiscal year. American Outdoor Brands Corporation does not pay a dividend. (NYSE:V), its shares were trading at $94.42 a retreat of $-1.81, on the trading floor.
Stock Sputtering in Early Trade: American Outdoor Brands Corporation (:AOBC)
Several large investors have recently modified their holdings of AOBC. Extending back, their 50-Day Simple Moving Average is -2.78%, looking even further back, their 200-Day Simple Moving Average stands at -1.12%. If you are accessing this story on another publication, it was illegally copied and reposted in violation of USA and global trademark & copyright law.
Quarterly GAAP net income was $27.7 million, or 50 cents per diluted share, compared with $35.6 million, or 63 cents per diluted share, for the comparable quarter past year. (GPRO) reveals an average price target of $8 per share. On an adjusted basis, the company previously known as Smith & Wesson, would have earned 57 cents a share. The sale was disclosed in a filing with the SEC, which is available at the SEC website. QCI Asset Management Inc. BlackRock Inc. purchased a new position in American Outdoor Brands Corporation during the first quarter valued at about $93,810,000. Great West Life Assurance Co. Finally, State Street Corp increased its position in American Outdoor Brands Corporation by 3.3% in the first quarter.
Can purchased a new position in American Outdoor Brands Corporation during the first quarter valued at approximately $105,000. Dimensional Fund Advisors LP purchased a new position in American Outdoor Brands Corporation during the first quarter valued at about $39,185,000. The company operates in two segments, Firearms and Accessories.
It sells its products under the Smith & Wesson, M&P, Thompson/Center Arms, Caldwell Shooting Supplies, Wheeler Engineering, Tipton Gun Cleaning Supplies, Frankford Arsenal Reloading Tools, Lockdown Vault Accessories, Hooyman Premium Tree Saws, BOG-POD, and Golden Rod Moisture Control brands.More news: DeVos weighs in on Supreme Court church decision