In the past 52-week period, shares of American Outdoor Brands Corporation (NASDAQ:AOBC) have moved within the range of $13.28 to $28.57. On the stock’s most recent trading day, the company’s shares ended the regular session at $14.18, which is 50.37% higher than its 52-week high.
American Outdoor Brands Corporation (AOBC) has demonstrated a 20-day simple moving average (SMA) of -5.29%, and a 50-day SMA of -9.72%. This public company’s current market capitalization stands at $761.61 million.
Analyzing Consensus Estimates, Sales Revenue and Net Income
Checking the amount of enthusiasm that Wall Street analysts hold for a particular stock is crucial when thinking about entering a position. According to the latest data, the consensus recommendation for American Outdoor Brands Corporation (AOBC) is Outperform.
Public companies normally post earnings and revenue results that fall somewhat above or below the average Wall Street estimate. In the most recent quarterly financial report, for the quarter ending Jul. 2017, American Outdoor Brands Corporation (AOBC) delivered a 12.45% surprise with its net revenue. Sales reached $0.13 billion during the three-month period, compared to the average analyst estimate of $0.15 billion.
Meanwhile, during the same quarter American Outdoor Brands Corporation (AOBC) delivered a 81.33% earnings surprise. Net earnings for the quarter were posted at $0.02 per share, whereas Wall Street had forecast $0.11 per share.
Ownership at American Outdoor Brands Corporation (AOBC), According to Most Recent SEC Filings
A publicly-traded organization’s latest 13F filings tell us important details about its institutional ownership. American Outdoor Brands Corporation (AOBC) has 0.05 billion shares outstanding currently, 71.76% of which belong to institutional investors. Those institutional holdings amount to $0.57 billion.
Additionally, according to the most recent 13F filing from American Outdoor Brands Corporation (AOBC), there were 37 new positions totaling 5,613,482 shares of the company’s stock. There were 47 sold out positions, on the other hand, totaling 1,854,657 shares.
Short, Medium and Long Term Indicators
Assessing the average trade volume of a public company’s stock in the short, medium and long term is helpful to gain an understanding of trading activity and investor sentiment. American Outdoor Brands Corporation (AOBC) has had a 20-day average volume of 1,401,395 shares, with an average of 80% of short term indicators pointed at Sell.
The stock’s 50-day average volume has been 1,846,578 shares, with an average of 75% of medium term indicators pointing toward Sell. Finally, its 100-day average volume is 1,461,496 shares with 67% of long-term indicators pointing to Sell.