2 weeks Ago By ABMN Staff
American Outdoor Brands, Inc. ( NASDAQ:AOUT – Get Free Report ) was the recipient of a significant decrease in short interest in September. As of September 15th, there was short interest totalling 42,900 shares, a decrease of 21.
3% from the August 31st total of 54,500 shares. Currently, 0.4% of the shares of the stock are short sold.
Based on an average daily volume of 27,500 shares, the short-interest ratio is presently 1.6 days. Hedge Funds Weigh In On American Outdoor Brands A number of hedge funds and other institutional investors have recently modified their holdings of AOUT.
Empowered Funds LLC lifted its stake in American Outdoor Brands by 7.6% in the 1st quarter. Empowered Funds LLC now owns 19,936 shares of the company’s stock worth $175,000 after purchasing an additional 1,400 shares in the last quarter.
Renaissance Technologies LLC lifted its position in shares of American Outdoor Brands by 0.6% in the second quarter. Renaissance Technologies LLC now owns 271,068 shares of the company’s stock worth $2,440,000 after buying an additional 1,600 shares in the last quarter.
Victory Capital Management Inc. bought a new position in American Outdoor Brands during the fourth quarter valued at approximately $74,000. Gamco Investors INC.
ET AL grew its holdings in American Outdoor Brands by 9.2% during the 1st quarter. Gamco Investors INC.
ET AL now owns 290,063 shares of the company’s stock valued at $2,553,000 after buying an additional 24,400 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in American Outdoor Brands in the 2nd quarter worth approximately $259,000. Institutional investors own 49.
87% of the company’s stock. Analyst Ratings Changes Separately, Roth Mkm raised their price objective on shares of American Outdoor Brands from $10.50 to $11.
00 and gave the company a “buy” rating in a research report on Monday, September 16th. American Outdoor Brands Stock Up 0.8 % Shares of American Outdoor Brands stock opened at $9.
05 on Friday. American Outdoor Brands has a 52 week low of $7.19 and a 52 week high of $10.
00. The stock’s 50-day simple moving average is $8.93 and its 200-day simple moving average is $8.
60. The company has a market capitalization of $116.70 million, a price-to-earnings ratio of -9.
53 and a beta of 0.37. American Outdoor Brands ( NASDAQ:AOUT – Get Free Report ) last posted its quarterly earnings results on Thursday, June 27th.
The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.
09). The business had revenue of $46.30 million during the quarter, compared to the consensus estimate of $43.
20 million. American Outdoor Brands had a positive return on equity of 0.81% and a negative net margin of 5.
27%. During the same quarter in the previous year, the company earned ($0.03) earnings per share.
On average, equities analysts expect that American Outdoor Brands will post 0.28 earnings per share for the current year. American Outdoor Brands Company Profile ( Get Free Report ) American Outdoor Brands, Inc provides outdoor products and accessories for rugged outdoor enthusiasts in the United States and internationally.
It offers hunting, fishing, camping, shooting, and personal security and defense products. The company also provides shooting sports accessories products include rests, vaults, and other related accessories; outdoor lifestyle products, such as premium sportsmen knives and tools for fishing and hunting; land management tools for hunting preparedness; harvesting products for post-hunt or post-fishing activities; outdoor cooking products; and camping, survival, and emergency preparedness products. Read More Receive News & Ratings for American Outdoor Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Outdoor Brands and related companies with MarketBeat.
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