Roth Capital Forecasts Outdoor's Q3 Earnings (NASDAQ:POWW)

Outdoor Holding Company (NASDAQ:POWW - Free Report) - Investment analysts at Roth Capital cut their Q3 2026 earnings per share estimates for shares of Outdoor in a research note issued on Wednesday, June 25th. Roth Capital analyst M. Koranda now anticipates that the company will post earnings of ($0.01) per share for the quarter, down from their prior estimate of $0.03. The consensus estimate for Outdoor's current full-year earnings is $0.09 per share. Roth Capital also issued estimates for Outdoor's Q4 2026 earnings at ($0.01) EPS, Q1 2027 earnings at ($0.02) EPS, Q2 2027 earnings at ($0.02) EPS, Q3 2027 earnings at ($0.01) EPS and Q4 2027 earnings at ($0.01) EPS.

A number of other analysts have also recently weighed in on the stock. Lake Street Capital decreased their price target on shares of Outdoor from $3.00 to $2.00 and set a "buy" rating for the company in a research report on Monday. Wall Street Zen downgraded Outdoor from a "hold" rating to a "sell" rating in a research report on Saturday, May 24th.

Outdoor Stock Up 0.8%

POWW opened at $1.30 on Friday. Outdoor has a 52-week low of $0.95 and a 52-week high of $2.14. The company has a 50 day moving average of $1.66 and a two-hundred day moving average of $1.51. The company has a market cap of $151.85 million, a P/E ratio of -2.83 and a beta of 1.16.

Institutional Investors Weigh In On Outdoor

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Kanen Wealth Management LLC acquired a new stake in shares of Outdoor during the first quarter valued at about $5,214,000. Focus Partners Wealth grew its position in shares of Outdoor by 2.5% during the first quarter. Focus Partners Wealth now owns 545,742 shares of the company's stock worth $753,000 after buying an additional 13,130 shares in the last quarter. Jane Street Group LLC increased its stake in shares of Outdoor by 114.4% in the first quarter. Jane Street Group LLC now owns 148,855 shares of the company's stock worth $205,000 after buying an additional 79,416 shares during the last quarter. Empowered Funds LLC raised its holdings in Outdoor by 7.4% in the first quarter. Empowered Funds LLC now owns 645,302 shares of the company's stock valued at $891,000 after acquiring an additional 44,545 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. bought a new position in Outdoor during the 1st quarter valued at $214,000. Hedge funds and other institutional investors own 26.40% of the company's stock.

Outdoor Company Profile

AMMO, Inc designs, produces, and markets ammunition and ammunition component products for sport and recreational shooters, hunters, individuals seeking home or personal protection, manufacturers, and law enforcement and military agencies. The company's products include STREAK Visual Ammunition that enables shooters to see the path of the bullets fired by them; and Stelth Subsonic ammunition primarily for suppressed firearms.

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