American Outdoor Brands Corporation (NASDAQ:AOBC) To Release Earnings

Leslie Hanson
December 8, 2017

Among 7 analysts covering American Outdoor Brands (NASDAQ:AOBC), 3 have Buy rating, 0 Sell and 4 Hold. 1,788,052 shares of the company's stock traded hands. American Outdoor Brands had 16 analyst reports since January 18, 2017 according to SRatingsIntel. 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.

ILLEGAL ACTIVITY NOTICE: "American Outdoor Brands (AOBC) Issues Quarterly Earnings Results, Beats Estimates By $0.03 EPS" was originally posted by TrueBlueTribune and is the sole property of of TrueBlueTribune. The average 1-year price objective among analysts that have covered the stock in the last year is $19.15. American Outdoor Brands Corp has a 12 month low of $17.50 and a 12 month high of $31.19. Lake Street Capital cut their price target on American Outdoor Brands from $17.00 to $13.00 and set a "hold" rating on the stock in a report on Friday, November 17th. The firm has a market capitalization of $772.22, a PE ratio of 7.41, a PEG ratio of 0.89 and a beta of -0.13.

In terms of earnings per share, 7 analysts have a 0.37 EPS mean target for the quarter ending Apr-17, for the quarter ending Jul-18, 2 analysts have a 0.34 EPS mean target and for the quarter ending Jul-18 there are 5 estimates of 2.36 EPS. After having $0.02 EPS previously, American Outdoor Brands Corporation's analysts see 300.00 % EPS growth.

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. Wunderlich maintained the stock with "Hold" rating in Thursday, June 22 report.

American Outdoor Brands (NASDAQ:AOBC) updated its third quarter earnings guidance on Thursday. However the company reported $0.68 earnings per share for the same quarter during past year. The stock of American Outdoor Brands Corporation (NASDAQ:AOBC) has "Outperform" rating given on Monday, September 25 by Wedbush.

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.

Several large investors have recently modified their holdings of AOBC. American Outdoor Brands had a return on equity of 27.91% and a net margin of 10.96%. Pacad Investment Ltd. purchased a new position in shares of American Outdoor Brands during the second quarter worth $122,000. O Shaughnessy Asset Management LLC bought a new position in American Outdoor Brands Corp during the first quarter worth approximately $108,000. Morgan Stanley purchased a new stake in American Outdoor Brands in the 1st quarter valued at $5,237,000. If you are accessing this story on another website, it was stolen and reposted in violation of United States & global copyright & trademark legislation. If you are viewing this piece on another publication, it was stolen and reposted in violation of US and worldwide copyright and trademark laws. It operates in two divisions, Firearms, and Outdoor Products & Accessories. The firm offers handguns, long guns, handcuffs, sporting and hunting rifles, black powder firearms, and firearm-related products and accessories.

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