#4 - American Outdoor (NASDAQ:AOUT)
American Outdoor (NASDAQ:AOUT) was recently spun off from Smith & Wesson with little fanfare. The company manufactures all manner of gear for gun owners, hunters, and outdoor enthusiasts that aren’t actual firearms and seeing a robust uptick in demand across all segments.
Notably, the 65.7% increase in YOY revenue reported for the fiscal 2nd quarter of 2020 (calendar 3rd) was driven by a strong uptick in digital sales. Sales through eCommerce channels surged 213.4% and are expected to remain strong well into 2021.
American Outdoor Brands also offers great value. The stock has been trading near 10X its F2021 earnings providing a deep discount from the broad market. This company doesn’t pay a dividend but it is looking to grow. As of the end of the F2nd quarter the company had a little more than $100 million in cash and working capital earmarked for growth efforts and acquisitions.
About American Outdoor Brands
American Outdoor Brands, Inc provides outdoor products and accessories for rugged outdoor enthusiasts in the United States and internationally. It offers hunting, fishing, camping, shooting, and personal security and defense products. The company also provides shooting sports accessories products include rests, vaults, and other related accessories; outdoor lifestyle products, such as premium sportsmen knives and tools for fishing and hunting; land management tools for hunting preparedness; harvesting products for post-hunt or post-fishing activities; outdoor cooking products; and camping, survival, and emergency preparedness products.
Read More - Current Price
- $9.65
- Consensus Rating
- Buy
- Ratings Breakdown
- 1 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $11.00 (14.0% Upside)
