American Software (AMSWA) Stock Forecast, Price & News

0 analysts have issued 1-year price targets for American Software's shares. Their AMSWA share price forecasts range from $20.00 to $21.50. On average, they expect the company's stock price to reach $20.75 in the next twelve months. This suggests a possible upside of 76.0% from the stock's current price.
View analysts price targets for AMSWA or view top-rated stocks among Wall Street analysts.

American Software's stock was trading at $14.68 at the beginning of the year. Since then, AMSWA shares have decreased by 19.7% and is now trading at $11.79.
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American Software saw a drop in short interest in August. As of August 31st, there was short interest totaling 179,100 shares, a drop of 10.1% from the August 15th total of 199,200 shares. Based on an average trading volume of 275,500 shares, the days-to-cover ratio is currently 0.7 days.
View American Software's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 16th 2023.
View our AMSWA earnings forecast.

American Software, Inc. (NASDAQ:AMSWA) posted its quarterly earnings data on Thursday, August, 24th. The software maker reported $0.08 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.05 by $0.03. The software maker had revenue of $29.17 million for the quarter, compared to analyst estimates of $29.07 million. American Software had a trailing twelve-month return on equity of 8.62% and a net margin of 9.08%. During the same period in the prior year, the company posted $0.06 earnings per share.

American Software announced a quarterly dividend on Wednesday, August 23rd. Shareholders of record on Friday, November 17th will be paid a dividend of $0.11 per share on Friday, December 1st. This represents a $0.44 annualized dividend and a dividend yield of 3.73%. The ex-dividend date is Thursday, November 16th.
Read our dividend analysis for AMSWA.

American Software (NASDAQ:AMSWA) pays an annual dividend of $0.44 per share and currently has a dividend yield of 3.73%. The dividend payout ratio is 137.50%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, AMSWA will have a dividend payout ratio of 151.72% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for AMSWA.

American Software issued an update on its FY 2024 earnings guidance on Thursday, August, 24th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $120.00 million-$126.00 million, compared to the consensus revenue estimate of $121.17 million.

8 employees have rated American Software Chief Executive Officer H. Allan Dow on Glassdoor.com. H. Allan Dow has an approval rating of 66% among the company's employees. 75.0% of employees surveyed would recommend working at American Software to a friend.

American Software trades on the NASDAQ under the ticker symbol "AMSWA."

American Software's stock is owned by many different retail and institutional investors. Top institutional shareholders include Kayne Anderson Rudnick Investment Management LLC (6.98%), BlackRock Inc. (6.64%), Renaissance Technologies LLC (4.13%), William Blair Investment Management LLC (3.19%), Russell Investments Group Ltd. (2.84%) and Crawford Investment Counsel Inc. (2.50%). Insiders that own company stock include Bryan L Sell, Bryan L Sell, Dennis Hogue, H Allan Dow, James C Edenfield, Lizanne Thomas, Matthew G Mckenna, Thomas L V Newberry, Valerie Paige King and Vincent C Klinges.
View institutional ownership trends.

Shares of AMSWA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of AMSWA stock can currently be purchased for approximately $11.79.

American Software (NASDAQ:AMSWA) has a market capitalization of $402.86 million and generates $123.66 million in revenue each year. The software maker earns $10.42 million in net income (profit) each year or $0.32 on an earnings per share basis.

The company employs 394 workers across the globe.

American Software's mailing address is 470 EAST PACES FERRY ROAD NE, ATLANTA GA, 30305. The official website for the company is www.amsoftware.com. The software maker can be reached via phone at (404) 261-4381 or via fax at 404-264-5206.