|Bid||5.51 x 3200|
|Ask||9.40 x 3200|
|Day's Range||7.88 - 8.20|
|52 Week Range||5.41 - 15.32|
|Beta (3Y Monthly)||0.26|
|PE Ratio (TTM)||53.97|
|Earnings Date||Dec 4, 2019 - Dec 9, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||10.13|
As voters across the country cast their ballots Tuesday in a range of state and local races, analysts are watching to see what this off-year Election Day could signal about the battle for the White House and other 2020 contests.
"Since 2006, value stocks (IVE vs IVW) have underperformed 11 of the 13 calendar years and when they beat growth, it wasn't by much. Cumulatively, through this week, it has been a 122% differential (up 52% for value vs up 174% for growth). This appears to be the longest and most severe drought for value […]
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
In a rare case of shareholder pushback, Smith & Wesson parent American Outdoor Brands Corp on Tuesday failed to win majority support for its rising executive pay, according to a transcript of the gunmaker's annual meeting. American Outdoor's proxy statement shows pay raises for top executives including Chief Executive Officer P. James Debney during the fiscal year ended April 30, 2019. Proxy advisory firms Glass Lewis & Co and Institutional Shareholder Services Inc (ISS) recommended that shareholders vote "against" the executive pay raises.
Shares of Sturm Ruger & Co. and Smith & Wesson parent American Outdoor Brands Corp. rose Friday, putting them on track to snap relatively long streaks this year, after rival firearm maker Colt indicated it would stop manufacturing "modern sporting rifles"\--Colt makes AR-15 assault rifles--for the consumer market the foreseeable future. Colt said Thursday that while it remained committed to the Second Amendment, it believes it is "good sense to follow consumer demand" and adjust to changing market dynamics. "The fact of the matter is that over the last few years, the market for modern sporting rifles has experienced significant excess manufacturing capacity," Colt said in a statement. "Given this level of manufacturing capacity, we believe there is adequate supply for modern sporting rifles for the foreseeable future." Sturm Ruger's stock gained 0.4%, after falling 5.0% over a six-session losing streak, the longest such stretch since it fell for eight straight sessions to Nov. 20, 2018. American Outdoor shares climbed 1.2%, after falling 13% over the previous five sessions, the longest losing streak since the six-day stretch ending June 3. Sturm Ruger's stock has lost 20% year to date and American Outdoor shares have tumbled 52%, while the S&P 500 has rallied 20%.
American Outdoor Brands (AOBC) has witnessed a significant price decline in the past four weeks, and is seeing negative earnings estimate revisions as well.
Today we'll evaluate American Outdoor Brands Corporation (NASDAQ:AOBC) to determine whether it could have potential as...
Shares of ammunition maker Vista Outdoor Inc. sank 4.7% in afternoon trading Tuesday, after Walmart Inc. said it was halting the sale of some rifle ammunition that can also be used in military-style weapons. Walmart also said it would sell through its handgun ammunition and will end handgun sales in Alaska, which will mark the retailer's complete exit from handguns. Vista's stock selloff comes after the stock had ended August with a 27% gain in 11 sessions, since it closed at a record low of $4.41 on Aug. 15. The stock has now shed 53% year to date, while Walmart's stock has run up 23% and the Dow Jones Industrial Average has gained 12%. Walmart also said the remaining assortment of guns it will sell will be "even more focused on the needs of hunting and sport shooting enthusiasts," such as long-barrel deer rifles and shotguns, and much of the ammunition they require. The company expects the moves will reduce its market share of the ammunition market to about 6% to 9% from 20%. Shares of other gun makers also declined, with Smith & Wesson parent American Outdoor Brands Corp. losing 2.8% and AR-556 autoloading modern sporting rifle maker Sturm Ruger & Co. slipping 0.7%.
American Outdoor Brands (AOBC) delivered earnings and revenue surprises of -62.50% and -0.27%, respectively, for the quarter ended July 2019. Do the numbers hold clues to what lies ahead for the stock?
American Outdoor Brands Corp. shares dropped in the extended session Thursday after the gun maker's quarterly results and outlook disappointed Wall Street. American Outdoor Brands shares fell 13% after hours, following a 3.1% rise in the regular session to close at $7.68. The company reported a fiscal first-quarter loss of $2.1 million, or 4 cents a share, compared to net income of $7.6 million, or 14 cents a share, in the year-ago period. Adjusted earnings were 3 cents a share. Revenue declined to $123.7 million from $138.8 million in the year-ago quarter. Analysts surveyed by FactSet had forecast earnings of 7 cents a share on revenue of $127.3 million. The company expects adjusted earnings of 3 cents to 7 cents a share on revenue of $140 million to $150 million for the fiscal second quarter, and 70 cents to 78 cents a share on revenue of $630 million to $650 million for the year. Analysts expect 20 cents a share on revenue of $162.6 million for the second quarter, and 82 cents a share on revenue of $644.4 million for the year.
SPRINGFIELD, Mass. , Aug. 29, 2019 /PRNewswire/ -- American Outdoor Brands Corporation (NASDAQ Global Select: AOBC), one of the world's leading providers of firearms and quality products for the shooting, ...
American Outdoor Brands' (AOBC) first-quarter fiscal 2020 results are likely to be impacted by decline in consumer demand for both firearms and the accessories.