American Outdoor Brands (AOBC) Scheduled to Post Earnings on Wednesday

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.

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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.

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Earnings History for American Outdoor Brands (NASDAQ:AOBC)

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