|Bid||9.73 x 3000|
|Ask||9.98 x 1000|
|Day's Range||9.68 - 9.91|
|52 Week Range||9.03 - 15.95|
|Beta (3Y Monthly)||0.15|
|PE Ratio (TTM)||32.61|
|Earnings Date||Jun 18, 2019 - Jun 24, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||14.17|
American Outdoor Brands Corp NASDAQ/NGS:AOBCView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for AOBC with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding AOBC are favorable, with net inflows of $2.52 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Investor activists said on Monday they will campaign to unseat two directors at gunmaker Sturm Ruger & Co, citing what they called its resistance to their concerns after shareholders won a battle over safety at last year's annual meeting. The activists include Majority Action, a liberal-leaning shareholder group, and religious investors affiliated with the Interfaith Center on Corporate Responsibility. While they hold a small number of Sturm Ruger shares, last year members of Interfaith Center won backing for a resolution from fund companies including top Ruger shareholders BlackRock Inc and Vanguard Group, showing an ability to set the agenda.
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Shares of gun and ammunition makers rallied Thursday, in the wake of upbeat government data on firearm background checks. The FBI's National Instant Background Systems (NICS) said there 2,644,851 checks in March, up from down from 2,767,699 a year ago, but up from 2,053,886 in February, the biggest February-to-March increase since it was launched in 1998. On a two-year average basis, analyst James Hardiman at Wedbush said NICS checks fell 1% in March after a 7% decline in February, while he was expecting a "similar" decline. Shares of Smith & Wesson parent American Outdoor Brands Corp. hiked up 3.4% and Sturm, Ruger & Co. gained 0.6%, while ammunition maker Vista Outdoor Inc. surged 5.5% in afternoon trade. Among gun sellers, shares of Walmart Inc. tacked on 0.8% and Dick's Sporting Goods Inc. ran up 3.0%. In comparison, the S&P 500 was virtually unchanged. "While there isn't a one-to-one correlation between gun sales and NICS checks, NICS is seen as the best overall indicator of monthly gun sales," Hardiman wrote in a note to clients.
Shares of gun maker's rose in premarket trade Friday, to bounce off multi-month lows, in the wake of mass shootings in New Zealand that killed at least 49 people. American Outdoor Brands Inc.'s stock gained 1.0% and Sturm Ruger & Co. shares were indicated up 1.0% ahead of the open. Ammunition maker Vista Outdoor Inc.'s stock was will inactive. Industry analysts say the regulatory environment is among the biggest catalysts for gun stocks, as fears of a stricter environment tend to increase demand. On Thursday, American Outdoor and Sturm Ruger shares initially rallied, after a Connecticut court ruled that the maker of AR-15 assault rifles could be sued over the Sandy Hook Elementary School mass shooting in 2012, before reversing course to close lower. American Outdoor's stock fell 0.1% to suffer a 5th-straight decline and to close at a 7-month low, while Sturm Ruger's stock dropped 1.1%, a 4th decline in 5 sessions, to close at a 12-month low. American Outdoor shares have lost 9.9% over the past 12 months and Sturm Ruger's stock has gained 1.4%, while the S&P 500 has tacked on 2.2%.
Shares of gun makers rose Thursday, even after a Connecticut court ruled that the maker of AR-15 semi-automatic assault rifles could be sued over the Sandy Hook Elementary School massacre. American Outdoor Brands Corp.'s stock climbed 2.4% and Sturm Ruger & Co. shares hiked up 1.9%. Shares of ammunition maker Vista Outdoor Inc. slipped 0.2%, but pared earlier losses of as much as 1.9%. Industry analysts say the regulatory environment is among the biggest drivers of demand for guns; the stricter the environment appears, the greater the demand. Gun maker stocks have been hurt since President Trump was elected as worries over tougher regulations waned. Since the election, American Outdoor's stock has plunged 66.3%, Sturm Ruger shares have shed 20.5% and the S&P 500 has gained 31.4%. The Connecticut Supreme Court ruled Thursday that Remington Outdoor Co., the owner of the Bushmaster rifle brand, could be sued because it violated laws by allegedly promoting the rifle as a combat weapon, according to a report in The Wall Street Journal.
The selloff in gun maker American Outdoor Brands Corp.'s stock has been "overdone," said Wedbush analyst James Hardiman, but he still downgraded it to neutral from outperform, citing a lack of near-term catalysts. Hardiman also cut his stock price target to $11.00 from $13.50. The stock shed 0.6% toward a 7-month low in morning trade Wednesday, and has plunged 24% so far this month. The company reported last week fiscal third-quarter adjusted earnings and sales that beat expectations, but provided a downbeat fourth-quarter profit outlook. Hardiman said the selloff has been overdone, given the opportunity for the company to manufacture growth in 2020 without a major rebound in demand. "Investors are unlikely to get excited about the stock in the absence of such a rebound, however, while the near-term outlook, which includes the toughest [comparables] of the Trump era and a hazardous [fiscal year] 2020 guide, is more likely to further spook investors than bring them onboard," Hardiman wrote in a note to clients. He said contacts at gun shops expect a sense of urgency for gun buyers to return in fiscal 2021 as the political environment heats up, but "such a far off catalyst" is not enough to recommend buying the stock today. The stock has tumbled 24.1% over the past 12 months while the S&P 500 has gained 0.8%.
Over the past five trading sessions, the defense biggies put up a dismal show. However, the industry's performance over the last six months has been solid.
American Outdoor Brands Corp. was down 11.1% to $10.11 Friday after the company reported a fiscal third-quarter earnings miss and revenue beat and issued tepid guidance for the fourth quarter. The firearms manufacturer and owner of Smith & Wesson reported third-quarter adjusted earnings of $8.
Check out the companies making headlines midday Friday:Big Lots BIG — Shares of Big Lots jumped 13.6 percent after the company reported better-than-expected fourth-quarter earnings. The retailer's earnings came in at $2.
American Outdoor Brands Corp (NASDAQ: AOBC ) reported higher-than-expected third-quarter EPS Thursday on the back of margin expansion. Investors may consider the firearms manufacturer's unchanged full-year ...
American Outdoor Brand's (AOBC) witnesses an increase in operating expenses in third-quarter fiscal 2019 due to higher general and administrative expenses.
Big Lots BIG — The discount retailer reported adjusted quarterly profit of $2.68 per share, above the consensus estimate of $2.30 a share. Revenue also beat forecasts, as did comparable-store sales. Revenue beat forecasts, as well.
Costco, Marvell, Okta, MDC Partners, American Outdoor Brands, and Eventbrite are among Friday’s stocks to watch.
American Outdoor Brands (NASDAQ:AOBC) announced its quarterly earnings results for its most recent period of the current fiscal year, bringing in a surprising loss over the course of the three months, as well as revenue that improved, sending AOBC stock down late on Thursday.Source: Shutterstock The Springfield, Mass.-based firearms manufacturer announced that for its third quarter of its fiscal 2019, it posted a loss of $5.7 million, which is roughly 10 cents per share. The figure was considerably lower than the company's profit from the year-ago quarter, when it brought in $11.4 million, or 21 cents per share.On an adjusted basis when taking into account one-time items, American Outdoor Brands said it posted earnings of $8.9 million, or 16 cents per share, which is nearly double the $4.7 million, or 9 cents per share from its third quarter of its fiscal 2018. Analysts were calling for the brand to amass adjusted earnings of 12 cents per share, according to data compiled in a FactSet survey.InvestorPlace - Stock Market News, Stock Advice & Trading TipsFrom a revenue standpoint, the business said it raked in sales of $162 million, roughly 3% higher than the $157.4 million it brought in during the same period a year ago. Analysts were calling for American Outdoor Brands to rake in sales of $161 million, according to data compiled by FactSet.AOBC stock is down about 5% after the bell on Thursday following the news. Shares had been gaining roughly 1.8% during regular trading hours as the business geared up to report for its latest period. More From InvestorPlace * 7 Dow Jones Stocks to Buy * 7 Chinese Stocks to Buy for the 2019 Rebound * 9 Trade War Stocks to Sell on U.S.-China Deal News Compare Brokers The post American Outdoor Brands Earnings: AOBC Stock Slides on Quarterly Loss appeared first on InvestorPlace.
Shares of American Outdoor Brands Corp. fell 3% in the extended session Thursday after the firearms maker reported a surprise fiscal third-quarter loss. American Outdoor said it lost $5.7 million, or 10 cents a share, versus earnings of $11.4 million, or 21 cents a share, for the year-ago period. Adjusted for one-time items, American Outdoor earned $8.9 million, or 16 cents a share, compared with $4.7 million, or 9 cents a share, a year ago. Sales rose 3% to $162 million, compared with $157.4 million a year ago. Analysts polled by FactSet had expected adjusted earnings of 12 cents a share on sales of $161 million. GAAP earnings were seen at 4 cents a share.