American Outdoor Brands Corp (NASDAQ:AOBC) – Equities researchers at Forward View decreased their Q3 2018 EPS estimates for shares of American Outdoor Brands in a research report issued to clients and investors on Sunday. Forward View analyst F. Campbell now anticipates that the company will earn $0.09 per share for the quarter, down from their prior estimate of $0.48. Forward View has a “Hold” rating on the stock. Forward View also issued estimates for American Outdoor Brands’ Q4 2018 earnings at $0.31 EPS, FY2018 earnings at $0.60 EPS, Q1 2019 earnings at $0.14 EPS, Q2 2019 earnings at $0.17 EPS, Q3 2019 earnings at $0.21 EPS, Q4 2019 earnings at $0.23 EPS and FY2019 earnings at $0.75 EPS.

American Outdoor Brands (NASDAQ:AOBC) last announced its quarterly earnings data on Thursday, December 7th. The company reported $0.11 EPS for the quarter, topping the Zacks’ consensus estimate of $0.07 by $0.04. The company had revenue of $148.40 million during the quarter, compared to the consensus estimate of $142.10 million. American Outdoor Brands had a net margin of 8.27% and a return on equity of 19.29%. The company’s revenue was down 36.5% on a year-over-year basis.

Other equities analysts also recently issued research reports about the stock. Aegis restated a “buy” rating and set a $23.00 price objective on shares of American Outdoor Brands in a research report on Wednesday, September 20th. Ifs Securities upgraded shares of American Outdoor Brands from an “outperform” rating to a “strong-buy” rating in a research report on Friday, December 8th. They noted that the move was a valuation call. Craig Hallum restated a “hold” rating and set a $17.00 price objective on shares of American Outdoor Brands in a research report on Wednesday, September 20th. Wedbush set a $20.00 price target on shares of American Outdoor Brands and gave the company a “buy” rating in a report on Friday, December 8th. Finally, Cowen reiterated a “buy” rating and issued a $19.00 price target (down previously from $27.00) on shares of American Outdoor Brands in a report on Friday, September 8th. Eight investment analysts have rated the stock with a hold rating, three have assigned a buy rating and two have given a strong buy rating to the company. American Outdoor Brands presently has an average rating of “Buy” and a consensus price target of $19.37.

Shares of American Outdoor Brands (NASDAQ:AOBC) traded up $0.31 during trading on Wednesday, reaching $14.10. 2,808,700 shares of the company’s stock were exchanged, compared to its average volume of 1,487,450. The stock has a market cap of $746.23, a P/E ratio of 10.14, a P/E/G ratio of 1.51 and a beta of -0.13. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.93 and a current ratio of 1.91. American Outdoor Brands has a 52 week low of $12.46 and a 52 week high of $24.49.

Several institutional investors and hedge funds have recently made changes to their positions in AOBC. Teachers Advisors LLC purchased a new position in shares of American Outdoor Brands in the 1st quarter valued at about $1,938,000. State Street Corp increased its holdings in American Outdoor Brands by 3.3% during the 1st quarter. State Street Corp now owns 971,425 shares of the company’s stock valued at $19,244,000 after acquiring an additional 31,360 shares in the last quarter. Schwab Charles Investment Management Inc. increased its holdings in American Outdoor Brands by 14.4% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 345,735 shares of the company’s stock valued at $7,662,000 after acquiring an additional 43,429 shares in the last quarter. First Trust Advisors LP increased its holdings in American Outdoor Brands by 352.4% during the 2nd quarter. First Trust Advisors LP now owns 104,867 shares of the company’s stock valued at $2,324,000 after acquiring an additional 81,687 shares in the last quarter. Finally, Rhumbline Advisers increased its holdings in American Outdoor Brands by 1.7% during the 2nd quarter. Rhumbline Advisers now owns 60,612 shares of the company’s stock valued at $1,343,000 after acquiring an additional 1,000 shares in the last quarter. Institutional investors and hedge funds own 71.59% of the company’s stock.

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American Outdoor Brands Company Profile

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 (NASDAQ:AOBC)

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