Jefferies Group LLC Reaffirms "Hold" Rating for American Outdoor Brands Corporation (AOBC)

Jefferies Group LLC Reaffirms

American Outdoor Brands Corporation is given 0 buy-equivalent recommendations, 0 sells and 5 holds. Zacks Investment Research cut American Outdoor Brands Corporation from a "hold" rating to a "sell" rating in a research note on Friday, June 23rd. Jefferies maintained American Outdoor Brands Corp (NASDAQ:AOBC) on Thursday, September 7 with "Hold" rating. Cowen & Co maintained American Outdoor Brands Corp (NASDAQ:AOBC) on Friday, June 30 with "Buy" rating. On Friday, July 7 the stock rating was maintained by Jefferies with "Hold". Cowen & Co maintained the stock with "Buy" rating in Friday, September 8 report. There are brokerage firms with lower targets than the average, including one setting a price target of $13. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. Wedbush upped the price objective on American Outdoor Brands Corporation from $21.00 to $23.00 and issued the company a "neutral" recommendation in a analysis note on Friday morning, Jun 2nd. That puts the market capitalization at $4.38 bln.

9/8/2017-Cowen and Company Reiterated Rating of Buy. As for this week, analysts appear content to stick with their neutral outlook with the consensus call at 2.6. See Perpetual Energy Inc. A total of 2.1 Million shares exchanged hands, whereas the company's average trading volume stands at 1.59 Million shares. It now has negative earnings. Perpetual's business consists of activities in Alberta focused on exploring and developing the natural gas and NGL resource opportunities in the deep basin in west central Alberta; the exploration for and extraction of heavy oil in eastern Alberta; the development and production of shallow natural gas from mature producing regions in eastern Alberta; bitumen opportunities in northeast Alberta, and interest in a commercial gas storage business through the operation and ownership in a gas storage facility at Warwick in east central Alberta. Finally, AOBC's beta of 0.00 indicates that the stock has an above average level of market risk. The average ROE for the sector stands at 14.03%. Its up 0.11, from 1.27 in 2017Q1.

A number of hedge funds have recently bought and sold shares of AOBC. 28 funds opened positions while 45 raised stakes. During the same quarter in the previous year, the firm posted $0.66 earnings per share. Rhumbline Advisers holds 80,911 shares. Increasing profits are the best indication that a company can pay dividends and that the share price will trend upward. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 2,112 shares. Hbk Invests Ltd Partnership owns 13,600 shares.

American Outdoor Brands Corporation, formerly Smith & Wesson Holding Corporation, is a maker of firearms and a well-known provider of accessory products for the shooting, hunting and outdoor enthusiast. The company has market cap of $810.56 million. The Firm operates through two divisions. Also, it has an estimated price-earnings (P/E) multiple of 9.03 and a trailing 12-month price-earnings (P/E) multiple of 9.69.

American Outdoor Brands Corp (NASDAQ:AOBC)'s distance from 20 day simple moving average is -0.044 along with distance from 50 day simple moving average of 16.87 whereas its distance from 200 day simple moving average is 20.41. The company's sales for the period was down 37.7% compared with the same period in the prior year. for the same period in the previous fiscal year, company earned $0.66 EPS. The expected future growth in earnings per share ("EPS") is an incredibly important identifying an under-valued stock.

Analysts await American Outdoor Brands Corp (NASDAQ:AOBC) to report earnings on December, 7. It opened the session with a $43.84 price tag, later ranging from $43.84 to $44.97, the range at which the stock has traded at throughout the day.

Currently, 3.20% shares of Crocs, Inc. Total debt to equity ratio of American Outdoor Brands Corp (NASDAQ:AOBC) for most recent quarter is 0.62 whereas long term debt to equity ratio for most recent quarter is 0.41.

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