American Outdoor Brands (NASDAQ:AOBC) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, June 19th. Analysts expect American Outdoor Brands to post earnings of $0.17 per share for the quarter.
AOBC opened at $8.48 on Wednesday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.22 and a current ratio of 2.94. American Outdoor Brands has a 1 year low of $8.19 and a 1 year high of $15.95. The company has a market capitalization of $455.01 million, a P/E ratio of 18.43 and a beta of 0.08.
In related news, Director Michael F. Golden sold 18,000 shares of the firm’s stock in a transaction that occurred on Friday, April 26th. The shares were sold at an average price of $10.01, for a total value of $180,180.00. Following the transaction, the director now owns 256,432 shares in the company, valued at $2,566,884.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Michael F. Golden sold 20,000 shares of the firm’s stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $10.01, for a total transaction of $200,200.00. Following the completion of the transaction, the director now owns 256,432 shares in the company, valued at approximately $2,566,884.32. The disclosure for this sale can be found here. Insiders sold 48,000 shares of company stock worth $472,880 over the last three months. Corporate insiders own 2.47% of the company’s stock.
Several equities research analysts recently issued reports on the stock. BidaskClub raised shares of American Outdoor Brands from a “strong sell” rating to a “sell” rating in a research report on Wednesday, February 20th. ValuEngine cut shares of American Outdoor Brands from a “buy” rating to a “hold” rating in a research report on Tuesday, March 5th. Wedbush decreased their target price on shares of American Outdoor Brands from $15.30 to $13.50 and set an “outperform” rating on the stock in a research report on Friday, March 8th. Finally, Zacks Investment Research cut shares of American Outdoor Brands from a “hold” rating to a “sell” rating in a research report on Thursday, May 2nd. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. American Outdoor Brands has an average rating of “Hold” and an average target price of $12.40.
TRADEMARK VIOLATION NOTICE: “American Outdoor Brands (AOBC) Scheduled to Post Earnings on Wednesday” was first reported by American Banking News and is the property of of American Banking News. If you are viewing this article on another domain, it was stolen and reposted in violation of U.S. and international trademark and copyright laws. The correct version of this article can be viewed at https://www.americanbankingnews.com/2019/06/12/american-outdoor-brands-aobc-scheduled-to-post-earnings-on-wednesday.html.
About American Outdoor Brands
American Outdoor Brands Corporation designs, manufactures, and sells firearms worldwide. The company's Firearms segment offers handguns, long guns, handcuffs, suppressors, and other firearm-related products under the Smith & Wesson, M&P, Performance Center, Gemtech, and Thompson/Center Arms brands.
See Also: Yield Curve
Receive News & Ratings for American Outdoor Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Outdoor Brands and related companies with MarketBeat.com's FREE daily email newsletter.