News coverage about American Outdoor Brands (NASDAQ:AOBC) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. American Outdoor Brands earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 45.070486396756 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the headlines that may have impacted Accern Sentiment’s rankings:
Several equities analysts have issued reports on AOBC shares. Cowen reissued a “buy” rating and issued a $19.00 price target on shares of American Outdoor Brands in a research note on Friday, December 8th. Wedbush set a $20.00 price target on American Outdoor Brands and gave the company a “buy” rating in a research note on Friday, December 8th. Craig Hallum dropped their price target on American Outdoor Brands from $17.00 to $15.00 and set a “hold” rating on the stock in a research note on Friday, December 8th. Lake Street Capital reissued a “hold” rating and issued a $11.00 price target (down from $13.00) on shares of American Outdoor Brands in a research note on Friday, December 8th. Finally, Ifs Securities raised American Outdoor Brands from an “outperform” rating to a “strong-buy” rating in a research note on Friday, December 8th. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, five have assigned a buy rating and two have assigned a strong buy rating to the stock. American Outdoor Brands has an average rating of “Buy” and an average target price of $18.00.
Shares of NASDAQ:AOBC traded down $0.23 during trading on Friday, reaching $10.73. 1,050,016 shares of the stock were exchanged, compared to its average volume of 1,517,025. The company has a quick ratio of 1.38, a current ratio of 3.13 and a debt-to-equity ratio of 0.56. American Outdoor Brands has a 1-year low of $8.32 and a 1-year high of $24.49. The firm has a market capitalization of $593.26, a price-to-earnings ratio of 4.16, a PEG ratio of 2.36 and a beta of -0.04.
American Outdoor Brands (NASDAQ:AOBC) last issued its earnings results on Thursday, March 1st. The company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.08 by $0.01. American Outdoor Brands had a return on equity of 11.05% and a net margin of 6.05%. The company had revenue of $157.38 million for the quarter, compared to analyst estimates of $173.83 million. equities research analysts anticipate that American Outdoor Brands will post 0.31 earnings per share for the current fiscal year.
In other news, Director Robert L. Scott sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, April 2nd. The stock was sold at an average price of $10.36, for a total transaction of $103,600.00. Following the transaction, the director now directly owns 72,862 shares of the company’s stock, valued at $754,850.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 2.31% of the stock is owned by corporate insiders.
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About American Outdoor Brands
American Outdoor Brands Corp. manufactures firearms. Its products include handguns, long guns, handcuffs and firearm-related products and accessories for sale to a wide variety of customers, including gun enthusiasts, collectors, hunters, sportsmen, competitive shooters, individuals desiring home and personal protection, law enforcement and security agencies and officers and military agencies in the United States and throughout the world.
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