American Software PT Raised to $12.50 (AMSWA)
Research analysts at B. Riley increased their price target on shares of American Software (NASDAQ:AMSWA) from $11.75 to $12.50 in a report released on Friday. B. Riley’s price target would suggest a potential upside of 37.97% from the company’s current price.
American Software (NASDAQ:AMSWA) traded up 0.44% on Friday, hitting $9.10. The stock had a trading volume of 12,234 shares. American Software has a 1-year low of $7.81 and a 1-year high of $11.12. The stock’s 50-day moving average is $9.41 and its 200-day moving average is $9.78. The company has a market cap of $257.1 million and a P/E ratio of 24.49.
American Software (NASDAQ:AMSWA) last posted its quarterly earnings results on Thursday, August 28th. The company reported $0.07 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.07. The company had revenue of $24.90 million for the quarter. Analysts expect that American Software will post $0.38 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, December 5th. Shareholders of record on Friday, November 14th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 4.42%. The ex-dividend date is Wednesday, November 12th.
American Software, Inc (NASDAQ:AMSWA) develops, markets and supports a portfolio of software and services.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.