American Outdoor Brands (AOBC) Updates Q3 Earnings Guidance

Ivan Schwartz
December 9, 2017

Recent trading patterns in the stock of American Outdoor Brands Corporation (AOBC) have investors on high alert. Low ratio discloses poor current and future performance. The ratio is simply calculated by dividing current liabilities by current assets. Mid-cap companies operate in industries expected to experience rapid growth. Quarterly reports aid investors in getting a better understanding about how a company has been faring, along with its near-term outlook. The Average True Range (ATR) is a measure of stock volatility. Investors should be prepared for market situations that provide ample opportunities. This can be nearly as trying as deciding when to buy a certain stock. Currently American Outdoor Brands Corporation (AOBC) stock is moving with Upswing trend. They help determine the company's ability to continue operating. Cowen reissued a "buy" rating and issued a $19.00 price objective (down previously from $27.00) on shares of American Outdoor Brands in a research note on Friday, September 8th. Similarly, the Value Composite Two (VC2) is calculated with the same ratios, but adds the Shareholder Yield. American Outdoor Brands Corporation (:AOBC)'s EPS over the trailing 12-months is $1.93. A high degree of volume indicates a lot of interest in a stock. Perhaps, that suggests something about why 68.80% of the outstanding share supply is held by institutional investors.

American Outdoor Brands Corp (NASDAQ:AOBC)'s trailing twelve month revenues are $825.3 Million, whereas its price to sales ratio for the same period is 0.97. The price of AOBC is now at a -21.13% to its one-year price target of 18.93. The Volatility 3m of American Outdoor Brands Corporation (NasdaqGS:AOBC) is 54.231500. The stock witnessed 6.57% gains, 7.26% gains and -37.71% declines for the 1-month, 3-month and 6-month period, respectively.

In a research report revealed to clients on Friday morning, Lake Street reaffirmed their Hold rating on American Outdoor Brands (NDAQ:AOBC) shares. The price index is calculated by dividing the current share price by the share price ten months ago.

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But there is one indication that demand is rising. This means that the stock's daily price swings have been less extreme in recent times compared to the past. It's % Price Change over the previous month is 3.64% and previous three months is -0.77%.

Translation: American Outdoor brands isn't the only firearms manufacturer suffering - and that's nearly certainly why shares of competitor Sturm, Ruger (NYSE: RGR) are also down more than 7% as of this writing. The Stock has its 52-week High of $24.49 and 52-Week Low of $12.87 and it touched its 52-week high on 06/19/17 and 52-Week Low on 11/14/17. If a firm can borrow money and use it to achieve a higher return than the cost of the debt, then the leveraging creates additional revenue that accrues to stockholders as increased equity. Data from the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) shows the gun stock's 10-day call/put volume ratio of 7.36 ranking in the 82nd percentile of its annual range. The ERP5 of American Outdoor Brands Corporation (NasdaqGS:AOBC) is 490. The company posted an earnings surprise of -81.8%. The MF Rank of American Outdoor Brands Corporation (NasdaqGS:AOBC) is 383. In Play Stocks are volatile enough to produce good risk and reward trading opportunities for both bull and bear traders intraday. The Magic Formula was introduced in a book written by Joel Greenblatt, entitled, "The Little Book that Beats the Market". Finally, looking back over the past year-to-date, American Outdoor Brands Corporation (:AOBC)'s Price Change % is -32.45%.

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