American Outdoor Brands Corporation (NASDAQ:AOBC) – Research analysts at Forward View issued their Q1 2019 earnings per share (EPS) estimates for American Outdoor Brands Corporation in a report released on Wednesday. Forward View analyst F. Campbell expects that the company will post earnings of $0.42 per share for the quarter. Forward View has a “Hold” rating on the stock. Forward View also issued estimates for American Outdoor Brands Corporation’s Q2 2019 earnings at $0.44 EPS, Q3 2019 earnings at $0.70 EPS and Q4 2019 earnings at $0.64 EPS.

Several other analysts also recently issued reports on AOBC. Vetr downgraded American Outdoor Brands Corporation from a “strong-buy” rating to a “buy” rating and set a $24.67 price objective on the stock. in a research report on Thursday. Zacks Investment Research upgraded American Outdoor Brands Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday. ValuEngine downgraded American Outdoor Brands Corporation from a “buy” rating to a “hold” rating in a research report on Tuesday, June 27th. Jefferies Group LLC restated a “hold” rating and issued a $20.00 price objective on shares of American Outdoor Brands Corporation in a research report on Friday, June 30th. Finally, Cowen and Company upped their price objective on American Outdoor Brands Corporation from $24.00 to $27.00 and gave the company an “outperform” rating in a research report on Friday, June 30th. Nine equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $23.52.

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Shares of American Outdoor Brands Corporation (NASDAQ AOBC) traded down 0.50% during mid-day trading on Friday, hitting $21.99. The company’s stock had a trading volume of 325,394 shares. The stock has a 50-day moving average of $23.29 and a 200-day moving average of $21.17. The company has a market cap of $1.24 billion, a PE ratio of 9.24 and a beta of 0.04. American Outdoor Brands Corporation has a 12-month low of $17.50 and a 12-month high of $31.19.

American Outdoor Brands Corporation (NASDAQ:AOBC) last issued its earnings results on Thursday, June 29th. The company reported $0.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.38 by $0.19. American Outdoor Brands Corporation had a return on equity of 37.76% and a net margin of 13.87%. The business had revenue of $229.20 million during the quarter, compared to the consensus estimate of $210.82 million. American Outdoor Brands Corporation’s revenue for the quarter was up 3.7% compared to the same quarter last year.

Several large investors have recently modified their holdings of AOBC. Great West Life Assurance Co. Can acquired a new position in shares of American Outdoor Brands Corporation during the first quarter worth approximately $105,000. Envestnet Asset Management Inc. purchased a new position in American Outdoor Brands Corporation during the first quarter worth approximately $107,000. O Shaughnessy Asset Management LLC purchased a new position in American Outdoor Brands Corporation during the first quarter worth approximately $108,000. PNC Financial Services Group Inc. purchased a new position in American Outdoor Brands Corporation during the first quarter worth approximately $110,000. Finally, Livforsakringsbolaget Skandia Omsesidigt purchased a new position in American Outdoor Brands Corporation during the first quarter worth approximately $111,000. 68.98% of the stock is owned by institutional investors.

In other American Outdoor Brands Corporation news, Director Robert L. Scott sold 10,000 shares of the company’s stock in a transaction dated Friday, June 2nd. The stock was sold at an average price of $24.00, for a total transaction of $240,000.00. Following the completion of the sale, the director now directly owns 57,448 shares in the company, valued at $1,378,752. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.94% of the company’s stock.

About American Outdoor Brands Corporation

American Outdoor Brands Corporation, formerly Smith & Wesson Holding Corporation, is a manufacturer of firearms and a provider of accessory products for the shooting, hunting and outdoor enthusiast. The Company operates through two segments. 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.

Earnings History and Estimates for American Outdoor Brands Corporation (NASDAQ:AOBC)

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