Jefferies Group LLC reaffirmed a "hold" rating and set a $17.00 target price on shares of American Outdoor Brands in a research report on Wednesday, September 20th. 1,965,083 shares of the stock were exchanged, compared to its average volume of 1,407,021.
American Outdoor Brands Corp (NASDAQ:AOBC)'s revenue estimates for the current quarter are $142.18 Million according to 8 number of analysts, for the current quarter the company has high revenue estimates of $146.2 Million in contradiction of low revenue estimates of $132.5 Million. BlackRock Fund Advisors is the second biggest holder with 4 million shares now valued at 55.79 million whilst Invesco Advisers, Inc has 2 million shares valued at 48.45 million.
Analysts await American Outdoor Brands Corporation (NASDAQ:AOBC) to report earnings on Dec, 07 for the fiscal quarter ending Oct 2017. The stock has a market cap of $1.34 billion, a P/E ratio of 9.99 and a beta of 0.75. Jefferies initiated American Outdoor Brands Corporation (NASDAQ:AOBC) on Tuesday, February 28 with "Hold" rating. Ifs Securities started coverage on shares of American Outdoor Brands in a research note on Friday, September 1st. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.11 by ($0.09).
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American Outdoor Brands Corp (NASDAQ:AOBC)'s trailing twelve month revenues are $825.3 Million, whereas its price to sales ratio for the same period is 0.93. One research analyst has rated the stock with a sell rating, six have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company.
American Outdoor Brands Corporation (AOBC) has demonstrated a 20-day simple moving average (SMA) of 5.14%, and a 50-day SMA of -0.48%.
They expect $0.07 EPS, down 871.43% or $0.61 from last year's $0.68 per share.
American Outdoor Brands Corp (NASDAQ:AOBC) was downgraded by Vetr from a "buy" rating to a "hold" rating in a research note issued to investors on Tuesday, May 9th. The company had revenue of $129.02 million for the quarter, compared to analysts' expectations of $147.24 million. Wunderlich restated an "outperform" rating and set a $17.00 price target on shares of American Outdoor Brands Corp in a report on Friday, April 14th. American Outdoor Brands had a return on equity of 27.91% and a net margin of 10.96%.
Several large investors have recently modified their holdings of AOBC. O Shaughnessy Asset Management LLC bought a new position in American Outdoor Brands Corp during the first quarter worth approximately $108,000. BlackRock Inc. purchased a new stake in American Outdoor Brands in the 1st quarter valued at $93,810,000. Finally, Quantbot Technologies LP purchased a new position in American Outdoor Brands in the second quarter valued at $156,000. If you are accessing this story on another website, it was stolen and reposted in violation of United States & worldwide copyright & trademark legislation. It operates in two divisions, Firearms, and Outdoor Products & Accessories. 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.