Valuation Review and Technical Analysis of American Outdoor Brands Corp (AOBC)

Postado Dezembro 08, 2017

Jefferies Group LLC reaffirmed a "hold" rating and set a $17.00 target price on shares of American Outdoor Brands in a research report on Wednesday, September 20th.

Shares of American Outdoor Brands (NASDAQ:AOBC) traded down $0.06 during mid-day trading on Thursday, hitting $14.24. Wedbush reissued a "neutral" rating on shares of American Outdoor Brands Corp in a research report on Wednesday, January 18th. BlackRock Fund Advisors is the second biggest holder with 4 million shares now valued at 55.79 million whilst Invesco Advisers, Inc has 2 million shares valued at 48.45 million.

American Outdoor Brands (NASDAQ:AOBC) last announced its quarterly earnings data on Thursday, September 7th. The average 1-year price objective among analysts that have covered the stock in the last year is $19.15.

Taking a broader look brokerage firms' analysts on the street with an expectant view have American Outdoor Brands Corp (NASDAQ:AOBC) high price target of $23 and with a conservative view have low price target of $13.

Additionally on 8/21/17 Aegis Capital "Initiates Coverage On" American Outdoor Brands Corp (NASDAQ:AOBC) to Buy setting price target at $25 and on 2/28/17 Jefferies "Initiates Coverage On" the stock to Hold at $22. Lake Street maintained American Outdoor Brands Corporation (NASDAQ:AOBC) on Friday, November 17 with "Hold" rating. The company has market cap of $772.22 million. The company reported $0.11 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.08 by $0.03, Bloomberg Earnings reports.

Shares of American Outdoor Brands (AOBC) traded up $0.22 during trading hours on Friday, hitting $14.30.

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. Seven research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. They expect $0.08 EPS, down 88.24% or $0.60 from last year's $0.68 per share.

Currently American Outdoor Brands Corp (NASDAQ:AOBC)'s shares owned by insiders are 2.2%, whereas shares owned by institutional owners are 73.4%.

On the other hand the company has Relative Strength Index (RSI 14) of 54.9 along with Average True Range (ATR 14) of 0.56, Consequently American Outdoor Brands Corp (NASDAQ:AOBC)'s weekly and monthly volatility is 4.76%, 4.00% respectively. The business had revenue of $129.02 million during the quarter, compared to analyst estimates of $147.24 million. American Outdoor Brands had a net margin of 10.96% and a return on equity of 27.91%.

Several large investors have recently modified their holdings of AOBC. Finally, Livforsakringsbolaget Skandia Omsesidigt acquired a new stake in shares of American Outdoor Brands Corp during the first quarter worth about $111,000.

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Receive News & Ratings for American Outdoor Brands Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Outdoor Brands Corp and related companies with MarketBeat.com's FREE daily email newsletter. 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.