American Software (AMSWA) Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for American Software in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" AMSWA shares.
View AMSWA analyst ratings or view top-rated stocks.

1 analysts have issued 1-year price targets for American Software's stock. Their AMSWA share price forecasts range from $21.50 to $22.00. On average, they predict the company's stock price to reach $21.75 in the next twelve months. This suggests a possible upside of 62.0% 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 stock has decreased by 8.5% and is now trading at $13.43.
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American Software saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 310,500 shares, a drop of 16.8% from the April 30th total of 373,200 shares. Based on an average trading volume of 137,100 shares, the days-to-cover ratio is currently 2.3 days.
View American Software's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, June 8th 2023.
View our AMSWA earnings forecast.

American Software will be holding an earnings conference call on Thursday, June 8th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

American Software, Inc. (NASDAQ:AMSWA) announced its earnings results on Thursday, February, 23rd. The software maker reported $0.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.08 by $0.02. The software maker had revenue of $31.01 million for the quarter, compared to analysts' expectations of $31 million. American Software had a net margin of 8.67% and a trailing twelve-month return on equity of 8.67%. During the same period last year, the business earned $0.09 EPS.

American Software declared a quarterly dividend on Thursday, June 1st. Shareholders of record on Friday, August 11th will be paid a dividend of $0.11 per share on Friday, August 25th. This represents a $0.44 annualized dividend and a dividend yield of 3.28%. The ex-dividend date of this dividend is Thursday, August 10th.
Read our dividend analysis for AMSWA.

SPDR S&P Software & Services ETF holds 67,242 shares of AMSWA stock, representing 0.35% of its portfolio.

American Software (NASDAQ:AMSWA) pays an annual dividend of $0.44 per share and currently has a dividend yield of 3.34%. 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 162.96% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for AMSWA.

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 a variety of institutional and retail investors. Top institutional shareholders include Kayne Anderson Rudnick Investment Management LLC (9.08%), BlackRock Inc. (6.50%), Renaissance Technologies LLC (4.31%), Congress Asset Management Co. MA (3.54%), William Blair Investment Management LLC (3.28%) and Dimensional Fund Advisors LP (2.86%). Insiders that own company stock include Bryan L Sell, Bryan L Sell, Dennis Hogue, H Allan Dow, James C Edenfield, James R Mcguone, 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 $13.43.

American Software (NASDAQ:AMSWA) has a market capitalization of $453.67 million and generates $127.55 million in revenue each year. The software maker earns $12.78 million in net income (profit) each year or $0.32 on an earnings per share basis.

The company employs 418 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.