2 weeks Ago By Defense World Staff
American Software ( NASDAQ:AMSWA – Get Free Report ) was upgraded by equities researchers at StockNews.com from a “buy” rating to a “strong-buy” rating in a research note issued on Monday. AMSWA has been the subject of several other reports.
B. Riley lowered their target price on American Software from $16.00 to $14.
00 and set a “buy” rating for the company in a research note on Friday, June 7th. Maxim Group raised their target price on American Software from $16.00 to $17.
00 and gave the company a “buy” rating in a research note on Friday, August 23rd. Check Out Our Latest Analysis on American Software American Software Stock Performance American Software ( NASDAQ:AMSWA – Get Free Report ) last released its quarterly earnings data on Thursday, August 22nd. The software maker reported $0.
08 EPS for the quarter, beating the consensus estimate of $0.07 by $0.01.
American Software had a return on equity of 8.98% and a net margin of 10.39%.
The company had revenue of $26.19 million for the quarter, compared to analyst estimates of $24.89 million.
During the same period last year, the company posted $0.08 earnings per share. As a group, sell-side analysts predict that American Software will post 0.
19 earnings per share for the current fiscal year. Institutional Investors Weigh In On American Software Hedge funds have recently made changes to their positions in the business. Foundry Partners LLC bought a new stake in American Software during the first quarter worth approximately $3,852,000.
Eagle Asset Management Inc. raised its holdings in American Software by 44.6% during the fourth quarter.
Eagle Asset Management Inc. now owns 480,697 shares of the software maker’s stock worth $5,432,000 after purchasing an additional 148,368 shares in the last quarter. 272 Capital LP raised its holdings in American Software by 36.
7% during the second quarter. 272 Capital LP now owns 438,701 shares of the software maker’s stock worth $4,005,000 after purchasing an additional 117,837 shares in the last quarter. Isthmus Partners LLC raised its holdings in American Software by 49.
8% during the first quarter. Isthmus Partners LLC now owns 276,616 shares of the software maker’s stock worth $3,167,000 after purchasing an additional 92,006 shares in the last quarter. Finally, Inspire Investing LLC bought a new stake in American Software during the first quarter worth approximately $868,000.
Institutional investors own 76.98% of the company’s stock. About American Software ( Get Free Report ) American Software, Inc develops, markets, and supports a range of computer business application software products in the United States and internationally.
It operates through two segments, Supply Chain Management (SCM) and Other. The SCM segment leverages a single platform spanning eight supply chain process areas including product, demand, inventory, supply, network optimization, order response, supplier management, and scenario planning. Featured Stories Five stocks we like better than American Software How to Calculate Stock Profit TJX Stock: A Buying Opportunity Before the Holiday Rush The Significance of Brokerage Rankings in Stock Selection Micron’s Blowout Results Pave the Way for Seagate’s Stock Surge How to Calculate Inflation Rate Zeta Global’s AI Cloud: Your Secret Weapon for Massive Growth Receive News & Ratings for American Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Software and related companies with MarketBeat.
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