American Outdoor Brands (NASDAQ:AOBC) updated its FY20 earnings guidance on Wednesday. The company provided earnings per share guidance of $0.76-0.84 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.84. The company issued revenue guidance of $630-650 million, compared to the consensus revenue estimate of $655.00 million.American Outdoor Brands also updated its FY 2020 guidance to $0.76-0.84 EPS.
A number of equities analysts have recently issued reports on the company. Zacks Investment Research raised American Outdoor Brands from a sell rating to a hold rating in a research report on Tuesday, May 14th. BidaskClub raised American Outdoor Brands from a strong sell rating to a sell rating in a research report on Tuesday, June 11th. Finally, ValuEngine downgraded American Outdoor Brands from a hold rating to a sell rating in a research report on Sunday, March 31st. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company’s stock. The company has a consensus rating of Hold and an average price target of $12.40.
Shares of AOBC stock traded up $0.10 during trading hours on Wednesday, reaching $9.14. 1,289,111 shares of the company’s stock were exchanged, compared to its average volume of 724,566. The company has a market cap of $489.01 million, a PE ratio of 19.87 and a beta of 0.08. The company has a current ratio of 2.94, a quick ratio of 1.22 and a debt-to-equity ratio of 0.51. American Outdoor Brands has a fifty-two week low of $8.19 and a fifty-two week high of $15.95.
About American Outdoor Brands
American Outdoor Brands Corporation designs, manufactures, and sells firearms worldwide. The company's Firearms segment offers handguns, long guns, handcuffs, suppressors, and other firearm-related products under the Smith & Wesson, M&P, Performance Center, Gemtech, and Thompson/Center Arms brands.
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