American Outdoor Brands (NASDAQ:AOBC) released its earnings results on Thursday. The company reported $0.20 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.14 by $0.06, Briefing.com reports. American Outdoor Brands had a net margin of 4.85% and a return on equity of 8.67%. The firm had revenue of $161.70 million during the quarter, compared to analyst estimates of $154.67 million. During the same period last year, the business earned $0.11 earnings per share. The business’s revenue was up 9.0% on a year-over-year basis.

Shares of NASDAQ AOBC opened at $12.21 on Friday. American Outdoor Brands has a twelve month low of $8.32 and a twelve month high of $15.95. The company has a market capitalization of $642.88 million, a P/E ratio of 26.54 and a beta of 0.08. The company has a quick ratio of 0.82, a current ratio of 2.60 and a debt-to-equity ratio of 0.44.

Several equities analysts have recently issued reports on AOBC shares. Zacks Investment Research upgraded shares of American Outdoor Brands from a “hold” rating to a “buy” rating and set a $11.00 target price for the company in a report on Tuesday, August 21st. BidaskClub upgraded shares of American Outdoor Brands from a “hold” rating to a “buy” rating in a report on Tuesday, October 16th. ValuEngine upgraded shares of American Outdoor Brands from a “hold” rating to a “buy” rating in a report on Tuesday, September 11th. Craig Hallum lowered shares of American Outdoor Brands from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $15.00 to $13.00 in a report on Thursday, November 1st. Finally, Wedbush set a $15.00 price objective on shares of American Outdoor Brands and gave the stock a “buy” rating in a report on Saturday, September 1st. One research analyst has rated the stock with a sell rating, five have given a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $14.66.

TRADEMARK VIOLATION WARNING: “American Outdoor Brands (AOBC) Posts Quarterly Earnings Results, Beats Estimates By $0.06 EPS” was first posted by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are viewing this piece of content on another domain, it was copied illegally and reposted in violation of United States and international trademark & copyright laws. The correct version of this piece of content can be accessed at https://theolympiareport.com/2018/12/07/american-outdoor-brands-aobc-posts-quarterly-earnings-results-beats-estimates-by-0-06-eps.html.

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.

See Also: Return on Investment (ROI)

Earnings History for American Outdoor Brands (NASDAQ:AOBC)

Receive News & Ratings for American Outdoor Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Outdoor Brands and related companies with MarketBeat.com's FREE daily email newsletter.