American Outdoor Brands (NASDAQ:AOUT) Rating Increased to Buy at Wall Street Zen

American Outdoor Brands (NASDAQ:AOUT) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Saturday.

AOUT has been the subject of several other reports. Lake Street Capital raised their target price on American Outdoor Brands from $14.00 to $15.00 and gave the company a “buy” rating in a research note on Friday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of American Outdoor Brands in a research report on Wednesday. Finally, Roth Mkm reiterated a “buy” rating and issued a $13.50 price target on shares of American Outdoor Brands in a research note on Friday. Two research analysts have rated the stock with a Buy rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $14.25.

American Outdoor Brands Trading Up 17.1%

Shares of AOUT stock opened at $11.60 on Friday. The firm has a fifty day simple moving average of $9.71 and a 200-day simple moving average of $9.07. The company has a market capitalization of $146.16 million, a PE ratio of -15.89 and a beta of 0.31. American Outdoor Brands has a twelve month low of $6.26 and a twelve month high of $13.46.

American Outdoor Brands (NASDAQ:AOUT) last released its quarterly earnings results on Thursday, June 25th. The company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.01) by $0.14. American Outdoor Brands had a negative net margin of 4.83% and a positive return on equity of 0.66%. The firm had revenue of $47.06 million for the quarter, compared to the consensus estimate of $48.44 million. Equities research analysts predict that American Outdoor Brands will post 0.32 EPS for the current year.

Institutional Trading of American Outdoor Brands

Several institutional investors have recently added to or reduced their stakes in AOUT. Royce & Associates LP raised its stake in shares of American Outdoor Brands by 16.0% in the 3rd quarter. Royce & Associates LP now owns 859,233 shares of the company’s stock valued at $7,458,000 after purchasing an additional 118,604 shares in the last quarter. Teton Advisors LLC acquired a new position in American Outdoor Brands in the third quarter worth about $1,007,000. Argos Wealth Advisors LLC acquired a new position in American Outdoor Brands in the fourth quarter worth about $975,000. Brandes Investment Partners LP increased its holdings in American Outdoor Brands by 6.6% in the fourth quarter. Brandes Investment Partners LP now owns 1,887,645 shares of the company’s stock valued at $14,591,000 after buying an additional 116,971 shares during the last quarter. Finally, State of Wyoming bought a new stake in American Outdoor Brands in the first quarter valued at about $149,000. 49.87% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting American Outdoor Brands

Here are the key news stories impacting American Outdoor Brands this week:

• Positive Sentiment: American Outdoor Brands beat earnings estimates, reporting $0.13 EPS versus the expected loss of $0.01, which is helping drive buying interest. American Outdoor Brands, Inc. (AOUT) Q4 Earnings Surpass Estimates
• Positive Sentiment: The company said new products helped boost results, suggesting product innovation is supporting the turnaround story. American Outdoor Brands gains after new products boost results
• Positive Sentiment: Management guided fiscal 2027 net sales to $200 million-$210 million and targeted a 6.5%-7.5% adjusted EBITDA margin, signaling expectations for an operational rebound. American Outdoor projects fiscal 2027 net sales of $200M-$210M while targeting 6.5%-7.5% adjusted EBITDA margin
• Neutral Sentiment: Fiscal Q4 revenue declined 24%, and the latest quarter still missed sales estimates, showing that demand remains uneven despite the profit beat. American Outdoor Brands’ Fiscal Q4 Revenues Slid 24 Percent; Sales and Earnings Recovery Eyed for Fiscal 2027
• Negative Sentiment: Despite the upbeat guidance, the company’s revenue outlook was roughly in line to slightly below Wall Street expectations, leaving some caution around the pace of the recovery. Why is American Outdoor Brands (AOUT) stock rocketing higher today

American Outdoor Brands Company Profile

American Outdoor Brands, Inc designs, manufactures and distributes a broad range of outdoor sports and recreational products for consumers and commercial end users. Through its Shooting & Accessories and Functional Outdoor Approaches segments, the company offers shooting sports equipment, hunting and fishing accessories, archery gear, tactical and personal defense solutions, outdoor apparel, fitness products and knife and tool categories. Its portfolio encompasses well-known brands such as Wheeler®, Tipton®, Caldwell®, Hogue®, Manticore Arms® and other specialty labels.

Formed as a standalone public company in 2016 following a spin-off from Smith & Wesson, American Outdoor Brands has its headquarters in Columbia, Missouri, with manufacturing, distribution and sales operations across North America.