American Software (NASDAQ:AMSWA) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPS

American Software (NASDAQ:AMSWAGet Free Report) posted its quarterly earnings results on Thursday. The software maker reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.01, Zacks reports. American Software had a return on equity of 8.90% and a net margin of 10.75%. The business had revenue of $26.19 million during the quarter, compared to the consensus estimate of $24.89 million. During the same period last year, the firm earned $0.08 earnings per share. American Software updated its FY 2025 guidance to EPS.

American Software Stock Performance

Shares of NASDAQ:AMSWA opened at $11.23 on Friday. The company has a market capitalization of $373.75 million, a PE ratio of 30.18 and a beta of 0.71. The stock has a fifty day moving average of $9.69 and a 200-day moving average of $10.39. American Software has a one year low of $8.41 and a one year high of $12.58.

American Software Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be paid a dividend of $0.11 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $0.44 annualized dividend and a yield of 3.92%. American Software’s dividend payout ratio is currently 129.41%.

Insider Buying and Selling

In other American Software news, Director Matthew G. Mckenna purchased 5,000 shares of the stock in a transaction dated Wednesday, June 26th. The shares were acquired at an average price of $8.53 per share, for a total transaction of $42,650.00. Following the completion of the acquisition, the director now owns 37,350 shares of the company’s stock, valued at approximately $318,595.50. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director James B. Miller, Jr. purchased 3,718 shares of American Software stock in a transaction dated Monday, July 1st. The stock was acquired at an average cost of $9.15 per share, for a total transaction of $34,019.70. Following the acquisition, the director now directly owns 719 shares in the company, valued at $6,578.85. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Matthew G. Mckenna purchased 5,000 shares of the stock in a transaction that occurred on Wednesday, June 26th. The stock was purchased at an average cost of $8.53 per share, with a total value of $42,650.00. Following the purchase, the director now owns 37,350 shares in the company, valued at approximately $318,595.50. The disclosure for this purchase can be found here. 11.37% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research analysts have recently commented on the stock. Maxim Group lifted their price target on shares of American Software from $16.00 to $17.00 and gave the company a “buy” rating in a report on Friday. B. Riley decreased their target price on American Software from $16.00 to $14.00 and set a “buy” rating for the company in a research note on Friday, June 7th.

Read Our Latest Stock Report on AMSWA

About American Software

(Get Free Report)

American Software, Inc develops, markets, and supports a range of computer business application software products in the United States and internationally. It operates through Supply Chain Management (SCM), Information Technology Consulting (IT Consulting), and Other segments. The SCM segment leverages a single platform spanning eight supply chain process areas including product, demand, inventory, network optimization supply, deploy aligned with integrated business planning and supply chain data management.

See Also

Earnings History for American Software (NASDAQ:AMSWA)

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