American Outdoor Brands Corporation (AOBC) Receives $19.15 Consensus Price Target from Analysts

American Outdoor Brands Corporation (AOBC) Receives $19.15 Consensus Price Target from Analysts

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. On the stock's most recent trading day, the company's shares ended the regular session at $14.30, which is 41.61% higher than its 52-week high.

American Outdoor Brands Corp (NASDAQ:AOBC)'s revenue estimates for the current quarter are $142.18 Million according to 8 number of analysts, for the current quarter the company has high revenue estimates of $146.2 Million in contradiction of low revenue estimates of $132.5 Million. The firm has "Sector Perform" rating by Scotia Capital given on Friday, August 14.

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

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. Finally, Forward View lowered shares of American Outdoor Brands Corp from a "buy" rating to a "sell" rating in a research report on Wednesday, February 15th. This public company's current market capitalization stands at $770.06 million. Sales reached $0.13 billion during the three-month period, compared to the average analyst estimate of $0.15 billion.

Shares of American Outdoor Brands Corp (NASDAQ AOBC) traded up 2.90% during midday trading on Tuesday, reaching $23.74.

American Outdoor Brands Corp (NASDAQ:AOBC)'s trailing twelve month revenues are $825.3 Million, whereas its price to sales ratio for the same period is 0.93. Seven research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. American Outdoor Brands Corporation (NASDAQ:AOBC) has 0.00% since December 6, 2016 and is.

American Outdoor Brands Corp (NASDAQ:AOBC) was downgraded by Vetr from a "buy" rating to a "hold" rating in a research note issued to investors on Tuesday, May 9th. However the company reported $0.68 earnings per share for the same quarter during previous year. American Outdoor Brands had a return on equity of 27.91% and a net margin of 10.96%. The company had revenue of $129.02 million for the quarter, compared to analysts' expectations of $147.24 million.

Institutional investors have recently modified their holdings of the stock. Victory Capital Management Inc. purchased a new position in shares of American Outdoor Brands during the second quarter worth $125,000. Finally, Livforsakringsbolaget Skandia Omsesidigt acquired a new stake in shares of American Outdoor Brands Corp during the first quarter worth about $111,000. If you are accessing this story on another website, it was stolen and reposted in violation of United States & worldwide copyright & trademark legislation.

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. If you are accessing this news story on another website, it was stolen and reposted in violation of US & global trademark and copyright legislation. 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.