BlackRock Inc. Buys New Shares in American Outdoor Brands, Inc. $AOUT

Key Points

• BlackRock acquired 278,567 shares of American Outdoor Brands during the second quarter, valued at approximately $3.27 million and representing about 2.23% of the company. Institutional investors and hedge funds collectively own 49.87% of AOUT.
• American Outdoor Brands reported a stronger-than-expected quarter, with adjusted EPS of $0.03 versus a $0.24 loss estimate and revenue up 25.4% to $37.25 million. Management also raised fiscal 2027 adjusted EBITDA guidance to $14.5 million–$17.5 million.
• Analyst sentiment remains mixed: some firms raised ratings or price targets, while others maintained hold or sell views. The stock had a consensus target price of $16.50, compared with an opening price of $14.48.

BlackRock Inc. bought a new position in shares of American Outdoor Brands, Inc. (NASDAQ:AOUT - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 278,567 shares of the company's stock, valued at approximately $3,270,000. BlackRock Inc. owned approximately 2.23% of American Outdoor Brands as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of AOUT. Bank of New York Mellon Corp bought a new position in American Outdoor Brands in the second quarter valued at approximately $169,000. State of Wyoming bought a new position in shares of American Outdoor Brands in the second quarter valued at $274,000. Walleye Capital LLC bought a new position in shares of American Outdoor Brands in the second quarter valued at $145,000. Bank of America Corp DE increased its holdings in American Outdoor Brands by 15.0% during the first quarter. Bank of America Corp DE now owns 10,989 shares of the company's stock worth $103,000 after buying an additional 1,436 shares during the last quarter. Finally, Royal Bank of Canada increased its holdings in American Outdoor Brands by 73.7% during the first quarter. Royal Bank of Canada now owns 45,862 shares of the company's stock worth $428,000 after buying an additional 19,454 shares during the last quarter. 49.87% of the stock is owned by institutional investors and hedge funds.

American Outdoor Brands News Roundup

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

American Outdoor Brands Price Performance

Shares of American Outdoor Brands stock opened at $14.48 on Friday. The business has a fifty day simple moving average of $12.57 and a two-hundred day simple moving average of $10.47. American Outdoor Brands, Inc. has a 1 year low of $6.26 and a 1 year high of $14.97. The company has a market capitalization of $182.74 million, a price-to-earnings ratio of -46.71 and a beta of 0.27.

American Outdoor Brands (NASDAQ:AOUT - Get Free Report) last released its quarterly earnings data on Thursday, September 3rd. The company reported $0.03 EPS for the quarter, beating the consensus estimate of ($0.24) by $0.27. The firm had revenue of $37.25 million for 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%. As a group, equities analysts anticipate that American Outdoor Brands, Inc. will post 0.39 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have commented on AOUT shares. Wall Street Zen upgraded shares of American Outdoor Brands from a "buy" rating to a "strong-buy" rating in a research note on Saturday. Roth Capital restated a "buy" rating and set a $17.00 price objective (up from $13.50) on shares of American Outdoor Brands in a research note on Friday. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of American Outdoor Brands in a report on Wednesday, June 24th. Zacks Research cut shares of American Outdoor Brands from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 25th. Finally, Lake Street Capital reiterated a "buy" rating and issued a $16.00 target price on shares of American Outdoor Brands in a research note on Friday. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, American Outdoor Brands has an average rating of "Hold" and a consensus target price of $16.50.

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.

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