American Outdoor Brands Corpora (NASDAQ:AOBC):
American Outdoor Brands Corp. to Acquire Bubba Bladeâ¢.
In the market the company is trading down from yesterday’s close of $21.6.
American Outdoor Brands Corporation, formerly Smith & Wesson Holding Corporation, is a manufacturer of firearms and a provider of accessory products for the shooting, hunting and outdoor enthusiast. The Company operates through two segments. The Firearms segment manufactures handgun and long gun products sold under the Smith & Wesson, M&P and Thompson/Center Arms brands, as well as providing forging, machining and precision plastic injection molding services. The Outdoor Products & Accessories segment provides shooting, hunting and outdoor accessories, including reloading, gunsmithing, gun cleaning supplies, tree saws, vault accessories, knives, laser sighting systems and tactical lighting products. Brands in Outdoor Products & Accessories include Crimson Trace, Caldwell Shooting Supplies, Wheeler Engineering, Lockdown Vault Accessories, BOG POD and Golden Rod Moisture Control, as well as knives and specialty tools under Schrade, Old Timer, Uncle Henry and Imperial..
The stock last traded at $21.09 a tad under $23.29, the stock’s 50 day moving average and which is a tad under the 200 day moving average of $21.17. The 50 day moving average was down $-2.20 or -9.46% and the 200 day average was down $-0.08.
The company’s P/E ratio is 9.37 and the market value is 1.14B. In the latest earnings report the EPS was $2.25 and is estimated to be $1.56 for the current year with 53,885,000 shares now outstanding. Next quarter’s EPS is expected be $0.59 and the next full year EPS is projected to be $1.92.