American Outdoor Brands (AOBC) Receiving Somewhat Positive Media Coverage, Study Shows
Press coverage about American Outdoor Brands (NASDAQ:AOBC) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. American Outdoor Brands earned a daily sentiment score of 0.15 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.698439910327 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
A number of research firms have commented on AOBC. Aegis restated a “buy” rating and set a $23.00 price objective on shares of American Outdoor Brands in a research note on Wednesday, September 20th. Craig Hallum restated a “hold” rating and set a $17.00 price objective on shares of American Outdoor Brands in a research note on Wednesday, September 20th. Ifs Securities upgraded American Outdoor Brands from an “outperform” rating to a “strong-buy” rating in a research note on Friday, December 8th. They noted that the move was a valuation call. Forward View lowered American Outdoor Brands from a “buy” rating to a “hold” rating in a research note on Sunday, December 10th. Finally, Wedbush set a $20.00 price objective on American Outdoor Brands and gave the stock a “buy” rating in a research note on Friday, December 8th. Seven analysts have rated the stock with a hold rating, four have issued a buy rating and two have issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $18.80.
American Outdoor Brands (NASDAQ:AOBC) traded up $0.25 during trading on Friday, reaching $12.15. The company’s stock had a trading volume of 1,031,700 shares, compared to its average volume of 1,616,875. American Outdoor Brands has a 12-month low of $11.70 and a 12-month high of $24.49. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.93 and a current ratio of 1.91. The company has a market cap of $657.49, a price-to-earnings ratio of 11.25, a PEG ratio of 1.36 and a beta of -0.15.
In other news, Director Robert H. Brust sold 3,802 shares of American Outdoor Brands stock in a transaction on Tuesday, December 19th. The stock was sold at an average price of $13.97, for a total value of $53,113.94. Following the transaction, the director now owns 8,526 shares in the company, valued at approximately $119,108.22. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 2.31% of the company’s stock.
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American Outdoor Brands Company Profile
American Outdoor Brands Corporation, formerly Smith & Wesson Holding Corporation, is a manufacturer of firearms and a provider of accessory products for the shooting, hunting and outdoor enthusiast. The Company operates through two segments. The Firearms segment manufactures handgun and long gun products sold under the Smith & Wesson, M&P and Thompson/Center Arms brands, as well as providing forging, machining and precision plastic injection molding services.
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