American Outdoor Brands (AOUT)
NASDAQ:AOUT
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American Outdoor Brands
(NASDAQ:AOUT)
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Rating:47Neutral
Price Target:
$9.50
▼(-0.73% Downside)
Action:ReiteratedDate:03/16/26
The score is held back primarily by weak financial performance (sharp TTM revenue decline and ongoing losses) and bearish technical momentum (below major moving averages with negative MACD). The earnings call offers some support via reiterated guidance, POS/new-product momentum, and improved liquidity/working capital, but tariffs, reserves/impairment, and softer profitability keep the outlook cautious; valuation is inconclusive due to negative earnings and no stated dividend.
Positive Factors
Gross Margin Sustainability
Sustained gross margins near the mid-40s provide structural insulation versus peers: they allow the company to absorb input cost shocks, fund product development and marketing, and offer a clearer path to operating leverage if revenue stabilizes, supporting durable profitability potential.
Negative Factors
Severe Revenue Decline
A dramatic multi-period revenue contraction erodes scale and operating leverage, converting fixed costs into a larger percentage of sales. This undermines durable margin expansion prospects and makes recovery dependent on meaningful, sustained top-line restoration rather than short-term rebounds.
Read all positive and negative factors
Positive Factors
Negative Factors
Gross Margin Sustainability
Sustained gross margins near the mid-40s provide structural insulation versus peers: they allow the company to absorb input cost shocks, fund product development and marketing, and offer a clearer path to operating leverage if revenue stabilizes, supporting durable profitability potential.
Read all positive factors
American Outdoor Brands (AOUT) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$120.54M
Dividend YieldN/A
Average Volume (3M)91.99K
Price to Earnings (P/E)―
Beta (1Y)0.94
Revenue Growth2.85%
EPS Growth24.82%
CountryUS
Employees289
SectorConsumer Cyclical
Sector Strength84
IndustryLeisure
Share Statistics
EPS (TTM)0.12
Shares Outstanding12,595,760
10 Day Avg. Volume134,939
30 Day Avg. Volume91,990
Financial Highlights & Ratios
PEG Ratio18.80
Price to Book (P/B)0.81
Price to Sales (P/S)0.65
P/FCF Ratio-56.69
Enterprise Value/Market Cap1.19
Enterprise Value/Revenue0.70
Enterprise Value/Gross Profit1.62
Enterprise Value/Ebitda21.06
Forecast
1Y Price Target
$12.50Price Target Upside30.62% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.11
Revenue Forecast (FY)$192.12M
American Outdoor Brands Business Overview & Revenue Model
Company Description
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...
How the Company Makes Money
AOUT generates revenue primarily by selling branded outdoor products and accessories through two main routes: (1) wholesale sales to third-party retailers, distributors, and commercial partners, and (2) direct-to-consumer (DTC) sales through its o...
American Outdoor Brands Key Performance Indicators (KPIs)
Any
Net Sales By Segment
Breaks down sales by business segments, revealing which product lines or services are driving revenue and indicating strategic focus areas or diversification efforts.
Breaks down sales by business segments, revealing which product lines or services are driving revenue and indicating strategic focus areas or diversification efforts.
Data provided by:
The Fly
The FlyAmerican Outdoor Brands Earnings Call Summary
Earnings Call Date:Mar 12, 2026
(Q3-2026)
| % Change Since: |
Next Earnings Date:Jun 25, 2026
Earnings Call Sentiment Neutral
The call presented a balanced picture: tangible operational strengths (consistent POS growth, >26% of sales from new products, outdoor-lifestyle expansion, inventory reduction, strong liquidity, and maintained full-year guidance) contrast with notable near-term headwinds (tariff-driven margin pressure, a $3.4M impairment for the UST divestiture, a $1.2M inventory reserve, a meaningful decline in the aiming solutions subcategory, and lower GAAP profitability metrics). Management emphasized disciplined capital allocation and confidence in the underlying operating model while acknowledging ongoing tariff and retailer inventory uncertainties.Positive Updates
Point-of-Sale (POS) Momentum
POS grew 5% year-over-year in Q3 (third consecutive quarter of favorable POS), indicating strong retail sell-through and demand at consumer level despite broader headwinds.
Negative Updates
Quarterly Net Sales Decline
Net sales for Q3 were $56.6M, down 3.3% year-over-year versus $58.5M last year; management noted difficult comps due to retailer pull-forward and ongoing inventory reset.
Read all updates
Q3-2026 Updates
Positive
Negative
Point-of-Sale (POS) Momentum
POS grew 5% year-over-year in Q3 (third consecutive quarter of favorable POS), indicating strong retail sell-through and demand at consumer level despite broader headwinds.
Read all positive updates
Company Guidance
The company reiterated full-year fiscal 2026 guidance with net sales expected at approximately $191.0M–$193.0M, full-year gross margin of 42%–43%, and adjusted EBITDA of 4.0%–4.5% of net sales (with a long‑term target of 25%–30% EBITDA on net sales above $200M); it lowered FY CapEx to $3.5M–$4.0M (down $0.5M). Key balance‑sheet and Q3 metrics cited include Q3 net sales of $56.6M (down 3.3% Y/Y), Q3 gross margin of 41% (down 370 bps; would have been 43.1% excluding a $1.2M inventory reserve), Q3 adjusted EBITDA $3.3M (vs. $4.7M LY), GAAP EPS -$0.32 and non‑GAAP EPS $0.12, recognition of ~$1.7M of IEEPA tariffs in Q3, a $3.4M non‑cash impairment on UST, inventory down to $110.2M from $124.0M (guidance ~ $110M at year‑end), operating cash inflow of $9.9M in Q3, cash on hand $10.4M, no debt with $0 drawn on a $75M line and total available capital > $100M, and a diluted share base of ~12.5M (after repurchasing ~$1.4M / ~181k shares at $7.87 average). The outlook also flags Q4 gross‑margin pressure from tariff amortization and notes that FY net‑sales would be down ~13%–14% including a $10M retailer pull‑forward (about a ~5% underlying decline after adjustment).American Outdoor Brands Financial Statement Overview
Summary
Income Statement
33
Negative
Balance Sheet
67
Positive
Cash Flow
54
Neutral
| Breakdown | TTM | Apr 2025 | Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 205.42M | 222.32M | 201.10M | 191.21M | 247.53M | 276.69M |
| Gross Profit | 88.44M | 99.26M | 88.43M | 88.06M | 114.24M | 126.83M |
| EBITDA | 6.79M | 13.12M | 3.60M | 5.00M | -38.24M | 43.32M |
| Net Income | -9.82M | -77.00K | -12.25M | -12.02M | -64.88M | 18.41M |
Balance Sheet | ||||||
| Total Assets | 224.97M | 246.35M | 240.60M | 243.59M | 277.84M | 341.26M |
| Cash, Cash Equivalents and Short-Term Investments | 10.39M | 23.42M | 29.70M | 21.95M | 19.52M | 60.80M |
| Total Debt | 32.77M | 33.28M | 34.62M | 29.59M | 49.58M | 26.55M |
| Total Liabilities | 59.30M | 68.75M | 62.67M | 51.72M | 74.81M | 61.36M |
| Stockholders Equity | 165.67M | 177.61M | 177.93M | 191.86M | 203.03M | 279.90M |
Cash Flow | ||||||
| Free Cash Flow | 3.52M | -2.54M | 18.38M | 25.85M | -24.54M | 29.29M |
| Operating Cash Flow | 2.67M | 1.36M | 24.49M | 30.71M | -18.06M | 32.91M |
| Investing Cash Flow | -3.06M | -3.90M | -5.98M | -4.83M | -33.59M | -4.18M |
| Financing Cash Flow | -6.29M | -3.74M | -10.77M | -23.45M | 10.36M | 31.84M |
American Outdoor Brands Technical Analysis
Positive
9.57
Price Trends
8.92
Positive
8.43
Positive
8.65
Positive
Market Momentum
0.18
Negative
63.18
Neutral
93.13
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AOUT, the sentiment is Positive. The current price of 9.57 is above the 20-day moving average (MA) of 8.81, above the 50-day MA of 8.92, and above the 200-day MA of 8.65, indicating a bullish trend. The MACD of 0.18 indicates Negative momentum. The RSI at 63.18 is Neutral, neither overbought nor oversold. The STOCH value of 93.13 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AOUT.
American Outdoor Brands Risk Analysis
American Outdoor Brands disclosed 1 risk factors in its most recent earnings report. American Outdoor Brands reported the most risks in the "Legal & Regulatory" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
American Outdoor Brands Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | $244.21M | 13.56 | 8.03% | 4.71% | -4.56% | -2.85% | |
69 Neutral | $533.93M | -33.91 | -5.18% | 3.22% | -0.07% | -31.45% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
52 Neutral | $249.72M | -8.87 | 4.05% | 5.97% | -16.49% | -81.62% | |
48 Neutral | $104.84M | -2.76 | -21.24% | 2.93% | 30.34% | -1749.06% | |
47 Neutral | $120.54M | -6.98 | -3.19% | ― | 2.85% | 24.82% |
* Consumer Cyclical Sector Average
AOUT
American Outdoor Brands
9.57
-1.47
-13.32%
CLAR
Clarus
2.73
-0.63
-18.80%
ESCA
Escalade
17.83
3.40
23.56%
JAKK
Jakks Pacific
21.82
3.97
22.23%
JOUT
Johnson Outdoors
51.62
29.57
134.08%
American Outdoor Brands Corporate Events
Business Operations and StrategyPrivate Placements and Financing
American Outdoor Brands Amends and Expands Credit Facilities
Neutral
Mar 12, 2026
On March 10, 2026, American Outdoor Brands and certain subsidiaries amended their secured loan and security agreement with a group of lenders led by TD Bank, N.A., establishing a $75 million revolving line of credit and a $15 million swingline fac...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.