Roth Capital Issues Negative Estimate for Outdoor Earnings

Key Points

• Roth Capital has revised its Q2 2026 earnings per share (EPS) forecast for Outdoor Holding Company from ($0.03) to ($0.05), reflecting a pessimistic outlook.
• Other analysts have updated their ratings and targets for Outdoor, with a consensus rating of "Hold" and a target price of $1.75.
• Institutional investment in Outdoor has been increasing, highlighted by Deutsche Bank's 611.4% growth in holdings during the fourth quarter.

Outdoor Holding Company (NASDAQ:POWW - Free Report) - Equities researchers at Roth Capital decreased their Q2 2026 earnings per share (EPS) estimates for shares of Outdoor in a note issued to investors on Thursday, September 18th. Roth Capital analyst M. Koranda now anticipates that the company will earn ($0.05) per share for the quarter, down from their previous 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 Q3 2026 earnings at ($0.03) EPS, Q4 2026 earnings at ($0.02) EPS and FY2026 earnings at ($0.16) EPS.

Several other research analysts also recently commented on POWW. Lake Street Capital reduced their target price on Outdoor from $3.00 to $2.00 and set a "buy" rating on the stock in a report on Monday, June 23rd. Wall Street Zen upgraded Outdoor from a "sell" rating to a "hold" rating in a research note on Saturday, August 16th. Finally, Zacks Research upgraded shares of Outdoor from a "strong sell" rating to a "hold" rating in a research report on Monday, August 25th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $1.75.

Outdoor Trading Up 2.1%

Shares of POWW stock traded up $0.03 during trading hours on Monday, hitting $1.47. The company had a trading volume of 814,037 shares, compared to its average volume of 507,715. Outdoor has a 12 month low of $0.95 and a 12 month high of $2.14. The firm's fifty day moving average is $1.33 and its 200 day moving average is $1.45. The company has a current ratio of 3.28, a quick ratio of 3.28 and a debt-to-equity ratio of 0.10.

Institutional Investors Weigh In On Outdoor

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Kanen Wealth Management LLC raised its position in shares of Outdoor by 130.1% during the 2nd quarter. Kanen Wealth Management LLC now owns 8,692,000 shares of the company's stock valued at $11,126,000 after acquiring an additional 4,913,730 shares during the last quarter. Balentine LLC lifted its stake in shares of Outdoor by 7.1% in the 2nd quarter. Balentine LLC now owns 17,242,857 shares of the company's stock valued at $22,071,000 after purchasing an additional 1,142,857 shares during the period. AWH Capital L.P. acquired a new position in shares of Outdoor in the 2nd quarter valued at $634,000. Jane Street Group LLC lifted its stake in shares of Outdoor by 190.5% in the 2nd quarter. Jane Street Group LLC now owns 432,449 shares of the company's stock valued at $554,000 after purchasing an additional 283,594 shares during the period. Finally, Nuveen LLC acquired a new position in shares of Outdoor in the 1st quarter valued at $376,000. Institutional investors own 26.40% of the company's stock.

About Outdoor

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.