American Outdoor Brands Corporation (AOBC) Receives $19.15 Consensus Price Target from Analysts

Maricruz Casares
Diciembre 8, 2017

The biggest holder now is Colton R. Melby who owns 3,910,000 shares (7.24% of those outstanding), whilst Matthew Gelfand holds 832,952 (1.54% of shares outstanding) and Mr. P. James Debney holds 483,205 (0.89% of shares outstanding). The stock decreased 1.78% or $0.25 during the last trading session, reaching $13.83. Cowen restated a "buy" rating and issued a $19.00 target price (down from $27.00) on shares of American Outdoor Brands in a research note on Friday, September 8th. The company now has an average rating of "Hold" and a consensus price target of $23.16.

American Outdoor Brands (NASDAQ:AOBC) last posted its quarterly earnings results on Thursday, September 7th.

The stock's 50-day average volume has been 1,285,544 shares, with an average of 25% of medium term indicators pointing toward Sell. American Outdoor Brands has a 52 week low of $12.87 and a 52 week high of $24.49. Craig Hallum reiterated a "hold" rating and set a $17.00 price objective on shares of American Outdoor Brands in a research note on Wednesday, September 20th.

Meanwhile, during the same quarter American Outdoor Brands Corporation (AOBC) delivered a 81.33% earnings surprise. 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. The company reported $0.11 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.08 by $0.03, Bloomberg Earnings reports. After having $0.02 EPS previously, American Outdoor Brands Corporation's analysts see 300.00 % EPS growth. American Outdoor Brands had a net margin of 10.96% and a return on equity of 27.91%. Wunderlich maintained the stock with "Hold" rating in Thursday, June 22 report.

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Wedbush "Upgrades" American Outdoor Brands Corp (NASDAQ:AOBC) in a research note issued to investors on 9/25/17 to Outperform with price target of $0. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.11 by ($0.09).

Currently American Outdoor Brands Corp (NASDAQ:AOBC)'s shares owned by insiders are 2.2%, whereas shares owned by institutional owners are 73.4%. The company issued revenue guidance of $170-180 million, compared to the consensus revenue estimate of $210.56 million.American Outdoor Brands also updated its FY18 guidance to $0.57-0.67 EPS. Tower Research Capital LLC TRC purchased a new position in shares of American Outdoor Brands during the second quarter worth $108,000. The business had revenue of $129.02 million during the quarter, compared to analyst estimates of $147.24 million.

Institutional investors have recently modified their holdings of the stock.

TRADEMARK VIOLATION NOTICE: This news story was first posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this piece on another site, it was illegally copied and reposted in violation of US & worldwide copyright and trademark laws. 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 TradingView.widget ({ "height": "400, "width": "625, "symbol": "NASDAQ:AOBC", "interval": "D", "timezone": "Etc/UTC", "theme": "White", "style": "1", "locale": "en", "toolbar_bg": "#f1f3f6", "enable_publishing": "false, "hideideas": "true, "referral_id": "2588"}); To view Vetr's full report, visit Vetr's official website. American Outdoor Brands has a consensus rating of Buy and a consensus price target of $19.68.

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