American Outdoor Brands Corp (AOUT)

[ChuckD-MSB]

Due to this PR

American Outdoor Brands Prepares For Spin-Off With Name And Stock Ticker Symbol Change

SPRINGFIELD, Mass., May 27, 2020 /PRNewswire/ -- American Outdoor Brands Corporation (NASDAQ Global Select: AOBC), one of the world's leading providers of firearms and quality products for the shooting, hunting, and rugged outdoor enthusiast, today announced that it will change its name to Smith & Wesson Brands, Inc., effective June 1, 2020. The name change reflects the company's preparation for the previously announced spin-off of its outdoor products and accessories business as a tax-free stock distribution to its stockholders in late summer 2020, a transaction that would create two independent, publicly traded companies: Smith & Wesson Brands, Inc. (which would encompass the firearm business) and American Outdoor Brands, Inc. (which would encompass the outdoor products and accessories business).

American Outdoor Brands Corporation logo unveiled December 13, 2016.

The company's common shares will continue to be listed for trading on the Nasdaq Global Select exchange under the new ticker symbol 'SWBI' beginning at the market opening on Monday, June 1, 2020. In conjunction with the name and ticker symbol change, the company's common shares will be assigned a new CUSIP number of 831754 106.

About American Outdoor Brands Corporation
American Outdoor Brands Corporation (NASDAQ Global Select: AOBC) is a provider of quality products for shooting, hunting, and rugged outdoor enthusiasts in the global consumer and professional markets. The Company reports two segments: Firearms and Outdoor Products & Accessories. Firearms manufactures handgun, long gun, and suppressor products sold under the iconic Smith & Wesson®, M&P®, Thompson/Center Arms™, and Gemtech® brands, as well as provides forging, machining, and precision plastic injection molding services. Outdoor Products & Accessories is an industry leading provider of shooting, reloading, gunsmithing and gun cleaning supplies, specialty tools and cutlery, and electro-optics products and technology for firearms. This segment produces innovative, top quality products under the brands Caldwell®; Crimson Trace®; Wheeler®; Tipton®; Frankford Arsenal®; Lockdown®; BOG®; Hooyman®; Smith & Wesson® Accessories; M&P® Accessories; Thompson/Center Arms™ Accessories; Performance Center® Accessories; Schrade®; Old Timer®; Uncle Henry®; Imperial®; BUBBA®; UST®; and LaserLyte®. For more information on American Outdoor Brands Corporation, call [phone] or log on to www.aob.com.

[seventhcircle]

Big move today 52 week high hit

[TH11]

insider buy https://newsfilter.io/a/b4f78baec3531023c858266e704d493b

[TH11]

aobc should start to strengthen again, prob a good long term investment now at these prices.

[slingwing1]

Has anyone seen how they plan to spin off smith& Wesson

Plan is to saddle the firearms division with all the company debt. Elections are next year so this is a hedge move incase the liberals gain control of the senate and POTUS while maintaining the house.

[Tanker12]

Has anyone seen how they plan to spin off smith& Wesson

[ClayTrader]

* * $AOBC Video Chart 10-09-2019 * *

Link to Video - click here to watch the technical chart video

[Tanker12]

3 major gun control bills are out of committee that should help drive sales up!

[FUNMAN]

Trump hints at gun background check action

Sep. 11, 2019 1:12 PM ET
By: Clark Schultz, SA News Editor

I'm in at $6.

https://seekingalpha.com/news/3498637-trump-hints-gun-background-check-action


President Trump confirms that he's looking at various options with background check laws.

Trump held a bipartisan conversation with a group of Senators today on the issue, with both Democrats and Republicans stating the conversation went well.

Senators expect Trump to clarify his position within the next few days, which could allow some legislation to move forward.

Related stocks: Vista Outdoor (VSTO +6.2%), American Outdoor Brands (AOBC +1.7%) and Sturm, Ruger (RGR +1%).

[FUNMAN]

A Short's nightmare...Short Percent of Float... 5.61 %
Short % Increase / Decrease... 20 %
Short Interest (Shares Short) ... 2,979,600
Short Interest (Shares Short) - Prior ... 2,477,800

They're covering may be contributing to the PPS rise.

[FUNMAN]

TARIFF IMPACT SO FAR LESS THAN FEARED
Posted by SGB Media | Sep 9, 2019 | SGB Executive


https://sgbonline.com/tariff-impact-less-than-feared-so-far/


American Outdoor Brands said that since much of the company’s Outdoor Products & Accessories business involves China manufacturing, the company has been taking steps to mitigate their impact, including securing sources in other low-cost countries. James Debney, president and CEO, however, said those opportunities “have begun to rapidly diminish.”


He added, “Our supply chain in China is relatively sophisticated compared to those available in other low-cost countries. So rapid change is difficult. In addition, to bring in an entirely new manufacturer online takes time and the duration of the tariff is still very unclear.”


Due to the tariffs, the company now expects full-year GAAP EPS to be between 41 and 49 cents, and non-GAAP EPS to be between 70 and 78 cents. Previously, guidance had called for GAAP EPS to be between 50 and 58 cents and non-GAAP EPS to be between 76 to 84 cents.

[FUNMAN]

It sure seems as if AOBC has bottomed near $6.

American Outdoor Brands (NASDAQ:AOBC) Issues FY20 Earnings Guidance
Posted by Ned Boundy on Sep 8th, 2019


https://trentdailytimes.com/2019/09/08/american-outdoor-brands-nasdaqaobc-releases-fy20-earnings-guidance.html


American Outdoor Brands (NASDAQ:AOBC) issued an update on its FY20 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $0.70-0.78 for the period, compared to the Thomson Reuters consensus estimate of $0.82. The company issued revenue guidance of $630-650 million, compared to the consensus revenue estimate of $644.35 million.American Outdoor Brands also updated its FY 2020 guidance to $0.70-0.78 EPS.


Shares of NASDAQ:AOBC traded up $0.19 on Friday, hitting $6.09. The company had a trading volume of 1,468,945 shares, compared to its average volume of 1,351,604. The company has a market cap of $323.45 million, a PE ratio of 9.08 and a beta of 0.29. The business has a 50 day moving average of $8.07 and a 200 day moving average of $9.26. American Outdoor Brands has a 52-week low of $5.67 and a 52-week high of $15.95. The company has a current ratio of 1.87, a quick ratio of 1.21 and a debt-to-equity ratio of 0.32.



American Outdoor Brands (NASDAQ:AOBC) last released its earnings results on Thursday, August 29th. The company reported $0.03 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.08 by ($0.05). The business had revenue of $123.67 million during the quarter, compared to analyst estimates of $126.58 million. American Outdoor Brands had a net margin of 1.39% and a return on equity of 8.19%. The business’s revenue for the quarter was down 10.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.21 earnings per share. As a group, equities analysts predict that American Outdoor Brands will post 0.74 EPS for the current year.



Several equities analysts recently commented on the company. Wedbush dropped their target price on American Outdoor Brands from $10.00 to $6.50 and set a neutral rating for the company in a research note on Friday, August 30th. BidaskClub lowered American Outdoor Brands from a sell rating to a strong sell rating in a research note on Wednesday, August 28th. Lake Street Capital reiterated a buy rating and issued a $14.00 target price (down from $17.00) on shares of American Outdoor Brands in a research note on Friday, August 30th. Zacks Investment Research lowered American Outdoor Brands from a hold rating to a sell rating in a research note on Wednesday. Finally, ValuEngine lowered American Outdoor Brands from a sell rating to a strong sell rating in a research note on Thursday, August 1st. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company’s stock. American Outdoor Brands presently has an average rating of Hold and an average target price of $10.30.


American Outdoor Brands Company Profile


American Outdoor Brands Corporation designs, manufactures, and sells firearms worldwide. The company's Firearms segment offers handguns, long guns, handcuffs, suppressors, and other firearm-related products under the Smith & Wesson, M&P, Performance Center, Gemtech, and Thompson/Center Arms brands.

[FUNMAN]

AOBC: Unbelievable Opportunity That No One Is Talking About
By Rebecca Roberts - September 5, 2019

https://technorecorder.com/2019/09/05/american-outdoor-brands-corporation-aobc-unbelievable-opportunity-that-no-one-is-talking-about/

The PPS is trending into a less risky range.


The median price target for American Outdoor Brands Corporation, (AOBC) over the next 12 months is $12.5, which means that it could rise by 114.78% from its current position. Despite that, some analysts believe that it won’t perform excellent, setting a lower price target of $10 for the stock which means it could rise by 71.82%. Most analysts believe that the company’s stock has the potential to rise by 192.1% or more. For American Outdoor Brands Corporation to record further gain analysts believe that the company has to hit $17 price target. The high price target for AOBC for next 12 months currently stands at $17. This means that the highest 12 months price target is 192.1% above its last closing price. For most investors, the 1.39% change in the share price could have prompted them to buy the stock, but doing that would be a mistake as it would be taking into consideration only the short-term performance of the stock. The stock closed September 04, 2019 trading at $5.82 which saw uptrend of -54.74% since the beginning of 2019. The price of the stock has risen by 123.37% from average 12-month price target of $13 expected by the analysts.

A look at the AOBC stock today shows that it has lost -58.52% of its value over the past one year, which has led to some investors becoming concerned about the short-term performance of American Outdoor Brands Corporation (NASDAQ:AOBC).The 52-week high price for AOBC is $15.95 which is attained on September 19 while its 52-week low currently stands at $5.67 and was reached on September 03. At the moment, the stock is trading $-4.12 below its YTD moving average set at $9.94.

In order to determine if the stock is worthy of your patience, you should know that American Outdoor Brands Corporation (NASDAQ:AOBC) is now trading at 17.58X the earnings per share recorded over the past 12 months.The most popular way to value a stock is to look at its historic Price-to-Earnings (P/E) ratio with the help of its earnings report over the past 12 months. American Outdoor Brands Corporation was able to achieve an EPS of $0.33 during the last four quarters. The P/E ratio is widely known due to the fact that it is widely used, simple, effective, and, tautologically.



On Wednesday, September 04 of 2019, the 14-day Absolute ATR (Average True Range) for AOBC moved by $0.43. Over the past seven days, the stock’s average daily volatility stood at 7%. A stock with a low volatility is usually a good one as it means that investors are very confident in the stock. American Outdoor Brands Corporation’s trading volume has recently moved to 1.85 million, which is compared with the average daily volume of 907.8 thousand shares.

The daily chart for AOBC, points out that the company has recorded -47.9% losses over the past six months. However, it is still 2.65% higher than its most recent low trading price. The performance of the stock over the past five days shows that it is down -20.82% though it is -24.31% below its three-week moving average. It is worthy to know that price action is not always clear. There are times when a stock will undergo some negatives, trade erratically within some range or even act very unpredictable. When that happens, then making use of moving averages makes the pattern clearer for traders. Comparing to 50-day SMA, the price of the stock has dropped by -31.89% while it is down -44.13% against the 200-day SMA. This is usually seen as the last support line for a stock, as a move downward could signal a bearish trend or market. The daily chart of AOBC reveals that it has lost some grounds as it ended Wednesday with a -34.09% fall over the past 30 days.

[Tanker12]

Thanks

[dffhogs]

They missed on earnings & put out weak guidance.

[Tanker12]

Does anyone have any clue as to why the price is dropping so much?

[alchemytrader]

I scalped for a few hundred. Not in any more

[Tanker12]

Have bought now that the price is done?

[Tanker12]

The best for this stock would be for the Democrats to start talking about gun control. Nothing like a little fear of not being able to buy a gun to drive the price up.

[Don'tDrinkTheKoolAid]

When are you getting back in WOOP WOOP it fell what -35%? 9.31! What's going on with smith nobody wants to own guns anymore? We can't let the cops have them all! RGR took a big drop but not like aobc

[alchemytrader]

9.63 buy area here.

[Saskey]

9/4: Holy moly AOBC up over $4 in one day! It shot up from under $10 on 8/30 to over $14 on 8/31. I'm out before I even got to post about it, lol! Woo! Woo woo woo!

[Coolhand777]

If this goes sub 5, I'm taking out a home equity loan and putting it all in.

[JTrader]

Reopens down 20%. Sad to see.

[Cooky]

Did a quick trade today in at 9.58 out at 10.01, thank the media for dip..lol

[Moreorless]

I think AOBC should come up with thier own crypto. Itd send this stock soaring.

[Pocket9s]

Throw back, I remember when fka: SMHC was 2 buck chuck!$$$

[OTC Shark]

We going to war or what? Think lotta potential for a nice pop here based on the world we live in today

[Bigtoker]

Just added 1500 shares I think it's good time to buy with the international sales policy's changing on sales and distribution. Good things coming !

[ChuckD-MSB]

Added 1000 at $16.45 today

[1center]

$AOBC 22.79 Reports Fourth Quarter and Full Year Fiscal 2017...

http://ir.smith-wesson.com/phoenix.zhtml?c=90977&p=RssLanding&cat=news&id=2284075

[1center]

$AOBC Investments update..Summit Street Capital Management LLC Acquires Shares of 124,452 American Outdoor Brands Corporation (AOBC)
https://sportsperspectives.com/2017/06/13/summit-street-capital-management-llc-acquires-shares-of-124452-american-outdoor-brands-corporation-aobc.html

[1center]

American Outdoor Brands Corporation $AOBC today announced that it plans to release its fourth quarter and full fiscal 2017 financial results on Thursday, June 29, 2017 after the close of the market. The full text of the press release will be available on the American Outdoor Brands web site at www.aob.com under the Investor Relations section.

https://mma.prnewswire.com/media/449184/American_Outdoor_Brands_Corporation_Logo.jpg

The company will host a conference call and webcast on June 29, 2017, to discuss its fourth quarter and full fiscal 2017 financial and operational results. Speakers on the conference call will include James Debney, President and Chief Executive Officer, and Jeffrey D. Buchanan, Executive Vice President and Chief Financial Officer. The conference call may include forward-looking statements. The conference call and webcast will begin at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time). Those interested in listening to the conference call via telephone may call directly at [phone] and reference conference identification number 36222119. No RSVP is necessary. The conference call audio webcast can also be accessed live and for replay on the company's website at www.aob.com, under the Investor Relations section. The company will maintain an audio replay of this conference call on its website for a period of time after the call. No other audio replay will be available.

About American Outdoor Brands Corporation American Outdoor Brands Corporation (NASDAQ Global Select: AOBC) is a provider of quality products for shooting, hunting, and rugged outdoor enthusiasts in the global consumer and professional markets. The company reports two segments: Firearms and Outdoor Products & Accessories. Firearms manufactures handgun and long gun products sold under the Smith & Wesson(R), M&P(R), and Thompson/Center Arms(TM) brands as well as provides forging, machining, and precision plastic injection molding services. Outdoor Products & Accessories provides shooting, hunting, and outdoor accessories, including reloading, gunsmithing, and gun cleaning supplies, tree saws, vault accessories, knives, laser sighting systems, tactical lighting products, and survival and camping equipment. Brands in Outdoor Products & Accessories include Smith & Wesson(R), M&P(R), Thompson/Center Arms(TM), Crimson Trace(R), Caldwell(R) Shooting Supplies, Wheeler(R) Engineering, Tipton(R) Gun Cleaning Supplies, Frankford Arsenal(R) Reloading Tools, Lockdown(R) Vault Accessories, Hooyman(R) Premium Tree Saws, BOG POD(R), Golden Rod(R) Moisture Control, Schrade(R), Old Timer(R), Uncle Henry(R), UST(TM), and Imperial(TM). For more information on American Outdoor Brands Corporation, call [phone] or log on to www.aob.com.

Contacts:Liz Sharp, VP Investor RelationsAmerican Outdoor Brands Corporation(413) [e-mail]

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/american-outdoor-brands-corporation-fourth-quarter-and-full-fiscal-2017-financial-release-and-conference-call-alert-300471306.html

SOURCE American Outdoor Brands Corporation

https://rt.prnewswire.com/rt.gif?NewsItemId=LA12490&Transmission_Id=201706081630PR_NEWS_USPR_____LA12490&DateId=20170608

[1center]

$AOBC 23.48 PE/10.16 Enterprise Value/EBITDA 5.05 https://seekingalpha.com/symbol/AOBC/key-data

[Meader63]

Cheers all! Buy your M&P TODAY!

[sandman44]

Getting closer to $15 ( right where it should settle)

[lucky, mydog]

How come there isn't a board for AOBC?

because there has been no name or ticker change done by finra. when there is a change done it will appear here

http://otce.finra.org/DailyList

and the ihub board will make that change. there will be no new board. this would remain the board for the new symbol.

[dffhogs]

I made the request to have it changed.

[Poker101]

Thanks for making me aware of the new ticker and name change. How come there isn't a board for AOBC?

[Poker101]

Thanks for making me aware of the new ticker and name change. How come there isn't a board for AOBC?

[Poker101]

anyone know why I can find this stock ticker on etrade? I used to have it in my watch list. now its gone and when I type it in it comes back with zero search results. hmmm I don't get it. ?????

[Dunlop]

For sure.. am waiting and looking as well.

[Mr_Doug]

Agreed regarding the hype. I'm not solid on sector rotations but I won't be surprised to see the greed die off a little here for awhile.

[sandman44]

Price hyped over $15 should drop back close to that , although SWHC has expanded into serving the sports world vs just police and Military , that might put the valuation closer to $16 once revs show how it panned out ? SWHC

[Mr_Doug]

Thought about buying this morning when I took a glance. Now I'm looking at and thinking I'll watch for a much lower entry.

[sandman44]

$15.00 coming in due time !! SWHC

[napoleanrags]

This one's broke - out at 21.36 - still watching for bottom

[napoleanrags]

21.12 - we'll see

[NathanH]

In at 21.1

[ChuckD-MSB]

Got back in today at $21.50 500 shares to start.