American Software - AMSWA Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for American Software in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" AMSWA shares.
View AMSWA analyst ratings or view top-rated stocks.

2 brokers 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 expect the company's stock price to reach $21.75 in the next twelve months. This suggests a possible upside of 82.3% from the stock's current price.
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American Software's stock was trading at $14.68 at the beginning of the year. Since then, AMSWA stock has decreased by 18.7% and is now trading at $11.93.
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American Software saw a increase in short interest in March. As of March 15th, there was short interest totaling 496,100 shares, an increase of 10.1% from the February 28th total of 450,600 shares. Based on an average daily trading volume, of 148,200 shares, the days-to-cover ratio is currently 3.3 days.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 14th 2023.
View our AMSWA earnings forecast.

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, beating the consensus estimate of $0.08 by $0.02. The software maker earned $31.01 million during 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 in the prior year, the company earned $0.09 earnings per share.

American Software announced a quarterly dividend on Wednesday, February 22nd. Shareholders of record on Wednesday, May 3rd will be paid a dividend of $0.11 per share on Wednesday, May 17th. This represents a $0.44 dividend on an annualized basis and a yield of 3.69%. The ex-dividend date is Tuesday, May 2nd.
Read our dividend analysis for AMSWA.

ETFs with the largest weight of American Software (NASDAQ:AMSWA) stock in their portfolio include SPDR S&P Software & Services ETF (XSW) and First Trust NASDAQ Technology Dividend Index Fund (TDIV).

American Software (NASDAQ:AMSWA) pays an annual dividend of $0.44 per share and currently has a dividend yield of 3.60%. 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.

American Software updated its FY 2023 earnings guidance on Thursday, February, 23rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $123.50 million-$125.50 million, compared to the consensus revenue estimate of $125.85 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 a number of retail and institutional investors. Top institutional investors include Neuberger Berman Group LLC (9.20%), Renaissance Technologies LLC (4.27%), Congress Asset Management Co. MA (3.08%), William Blair Investment Management LLC (3.02%), Dimensional Fund Advisors LP (2.89%) and Geode Capital Management LLC (2.03%). 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 $11.93.

American Software (NASDAQ:AMSWA) has a market capitalization of $403.00 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.