American Outdoor Brands (NASDAQ:AOUT - Get Free Report) released its earnings results on Thursday. The company reported $0.08 EPS for the quarter, topping analysts' consensus estimates of ($0.02) by $0.10, Zacks reports. American Outdoor Brands had a negative net margin of 2.12% and a positive return on equity of 2.95%.
American Outdoor Brands Stock Performance
Shares of NASDAQ AOUT traded up $1.03 during mid-day trading on Thursday, hitting $11.96. The stock had a trading volume of 376,407 shares, compared to its average volume of 53,898. The firm has a market cap of $152.25 million, a PE ratio of -34.17 and a beta of 0.43. The company has a 50 day moving average of $11.55 and a two-hundred day moving average of $13.60. American Outdoor Brands has a twelve month low of $8.10 and a twelve month high of $17.91.
Institutional Trading of American Outdoor Brands
Several large investors have recently added to or reduced their stakes in AOUT. Jacobs Levy Equity Management Inc. acquired a new stake in shares of American Outdoor Brands during the first quarter worth about $163,000. Empowered Funds LLC increased its holdings in American Outdoor Brands by 8.4% in the 1st quarter. Empowered Funds LLC now owns 25,399 shares of the company's stock worth $309,000 after buying an additional 1,972 shares during the period. Jane Street Group LLC raised its position in American Outdoor Brands by 76.5% during the 1st quarter. Jane Street Group LLC now owns 53,240 shares of the company's stock worth $647,000 after buying an additional 23,070 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in American Outdoor Brands by 58.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 60,110 shares of the company's stock valued at $731,000 after acquiring an additional 22,232 shares during the period. Hedge funds and other institutional investors own 49.87% of the company's stock.
American Outdoor Brands Company Profile
(
Get Free Report)
American Outdoor Brands, Inc provides outdoor products and accessories for rugged outdoor enthusiasts in the United States and internationally. It offers hunting, fishing, camping, shooting, and personal security and defense products. The company also provides shooting sports accessories products include rests, vaults, and other related accessories; outdoor lifestyle products, such as premium sportsmen knives and tools for fishing and hunting; land management tools for hunting preparedness; harvesting products for post-hunt or post-fishing activities; outdoor cooking products; and camping, survival, and emergency preparedness products.
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