American Outdoor Brands (NASDAQ:AOUT) Rating Increased to Strong-Buy at Wall Street Zen

Wall Street Zen upgraded shares of American Outdoor Brands (NASDAQ:AOUT) from a buy rating to a strong-buy rating in a research note published on Saturday morning,Wall Street Zen reports.

Several other research analysts also recently commented on the stock. Zacks Research downgraded shares of American Outdoor Brands from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 25th. Roth Capital reaffirmed a “buy” rating and issued a $17.00 target price (up from $13.50) on shares of American Outdoor Brands in a report on Friday. Lake Street Capital reiterated a “buy” rating and issued a $16.00 price target on shares of American Outdoor Brands in a research note on Friday. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of American Outdoor Brands in a research note on Wednesday, June 24th. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $16.50.

American Outdoor Brands Stock Up 44.7%

AOUT stock opened at $14.48 on Friday. The company’s 50-day moving average price is $12.57 and its two-hundred day moving average price is $10.47. The firm has a market cap of $182.74 million, a P/E ratio of -46.71 and a beta of 0.27. American Outdoor Brands has a 12 month low of $6.26 and a 12 month high of $14.97.

American Outdoor Brands (NASDAQ:AOUT) last issued its quarterly earnings results on Thursday, September 3rd. The company reported $0.03 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.24) by $0.27. The company had revenue of $37.25 million during the quarter, compared to the consensus estimate of $35.64 million. American Outdoor Brands had a negative net margin of 1.97% and a positive return on equity of 2.87%. Equities analysts predict that American Outdoor Brands will post 0.39 EPS for the current year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of AOUT. Susquehanna International Group LLP grew its position in American Outdoor Brands by 357.0% during the 2nd quarter. Susquehanna International Group LLP now owns 74,844 shares of the company’s stock worth $879,000 after acquiring an additional 58,466 shares during the last quarter. Empowered Funds LLC acquired a new position in American Outdoor Brands in the 2nd quarter worth about $431,000. Ancora Advisors LLC bought a new position in American Outdoor Brands in the second quarter valued at about $1,043,000. Sanctuary Advisors LLC bought a new position in American Outdoor Brands in the second quarter valued at about $425,000. Finally, BlackRock Inc. bought a new position in American Outdoor Brands in the second quarter valued at about $3,270,000. 49.87% of the stock is currently owned by institutional investors.

Key Stories Impacting American Outdoor Brands

Here are the key news stories impacting American Outdoor Brands this week:

• Positive Sentiment: Q1 results exceeded expectations: AOUT reported adjusted EPS of $0.03, compared with the consensus estimate of a $0.24 loss and a $0.26 loss a year earlier. Revenue rose 25.4% to $37.25 million, surpassing estimates of $35.64 million. American Outdoor Brands Q1 Earnings and Revenues Beat Estimates
• Positive Sentiment: Profitability improved materially: The company swung to adjusted earnings, narrowed its reported loss, and cited operating leverage and cost discipline as key drivers of the improvement. American Outdoor Brands Fiscal Q1 Swings to Adjusted Earnings
• Positive Sentiment: Guidance was raised: Management increased fiscal 2027 adjusted EBITDA guidance to $14.5 million-$17.5 million and provided revenue guidance of $200 million-$210 million, broadly in line with the $205.1 million consensus estimate. American Outdoor Raises Fiscal 2027 EBITDA Guidance
• Positive Sentiment: Turnaround narrative strengthened: Investors are responding to new-product innovation, growth across e-commerce and traditional retail channels, and a $33.3 million net-cash position, which supports financial flexibility. American Outdoor Brands Shoots Higher as Turnaround Gains Momentum
• Neutral Sentiment: The stock’s move was notable for exceptionally heavy trading volume, indicating substantial investor interest but also the potential for elevated short-term volatility.
• Negative Sentiment: AOUT remains unprofitable on a GAAP net-income basis, with a negative net margin, and shares initially traded lower in premarket activity before the broader investor reaction turned positive. American Outdoor Brands Q1 Loss Narrows and Raises EBITDA Guidance

About American Outdoor Brands

American Outdoor Brands, Inc designs, manufactures and distributes a broad range of outdoor sports and recreational products for consumers and commercial end users. Through its Shooting & Accessories and Functional Outdoor Approaches segments, the company offers shooting sports equipment, hunting and fishing accessories, archery gear, tactical and personal defense solutions, outdoor apparel, fitness products and knife and tool categories. Its portfolio encompasses well-known brands such as Wheeler®, Tipton®, Caldwell®, Hogue®, Manticore Arms® and other specialty labels.

Formed as a standalone public company in 2016 following a spin-off from Smith & Wesson, American Outdoor Brands has its headquarters in Columbia, Missouri, with manufacturing, distribution and sales operations across North America.