Outdoor Holding Company to Announce FQ3 Earnings on February 9th
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2d ago
0mins
Should l Buy POWW?
Source: seekingalpha
- Earnings Announcement: Outdoor Holding Company is set to announce its FQ3 earnings results on February 9th before market open, with consensus EPS estimate at -$0.01 and revenue estimate at $12.52 million, indicating cautious market sentiment regarding the company's financial performance.
- Historical Performance: Over the past two years, Outdoor Holding has beaten EPS estimates 63% of the time and revenue estimates 63% of the time, demonstrating a consistent ability to meet financial forecasts and instilling confidence among investors.
- Stock Buyback Plan: The company has initiated a $15 million stock buyback plan aimed at reducing the number of shares outstanding, which could enhance EPS and potentially drive stock price appreciation, reflecting a proactive approach to shareholder value.
- SEC Settlement: Outdoor Holding has settled its SEC probe without incurring any penalties, alleviating market concerns regarding its compliance and further solidifying its position in the marketplace.
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Analyst Views on POWW
Wall Street analysts forecast POWW stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for POWW is 2.38 USD with a low forecast of 2.25 USD and a high forecast of 2.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 1.620
Low
2.25
Averages
2.38
High
2.50
Current: 1.620
Low
2.25
Averages
2.38
High
2.50
About POWW
Outdoor Holding Company, formerly AMMO, Inc., is an e-commerce-focused company. The Company is the owner of GunBroker.com, the online marketplace for firearms, hunting, shooting and related products. Third-party sellers list items on the site and Federal and state laws govern the sale of firearms and other restricted items. The GunBroker.com Website is an informative and secure way to buy and sell firearms, shooting accessories, and other outdoor gear online. GunBroker promotes responsible ownership of guns and firearms. GunBroker enables payment processing, carting ability, GunBroker Analytics, and GunBroker Advertising. GunBroker Analytics, through the compilation and refinement of Marketplace data, offers e-commerce market analytics to its industry peers, allowing them to manage business strategy and planning. Its advertising offerings include content creation for manufacturers, email campaigns and banner ads.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Outdoor Holding Company to Announce FQ3 Earnings on February 9th
- Earnings Announcement: Outdoor Holding Company is set to announce its FQ3 earnings results on February 9th before market open, with consensus EPS estimate at -$0.01 and revenue estimate at $12.52 million, indicating cautious market sentiment regarding the company's financial performance.
- Historical Performance: Over the past two years, Outdoor Holding has beaten EPS estimates 63% of the time and revenue estimates 63% of the time, demonstrating a consistent ability to meet financial forecasts and instilling confidence among investors.
- Stock Buyback Plan: The company has initiated a $15 million stock buyback plan aimed at reducing the number of shares outstanding, which could enhance EPS and potentially drive stock price appreciation, reflecting a proactive approach to shareholder value.
- SEC Settlement: Outdoor Holding has settled its SEC probe without incurring any penalties, alleviating market concerns regarding its compliance and further solidifying its position in the marketplace.
See More
U.S. Considers Easing Gun Regulations, Impacting Major Gun Stocks
- Regulatory Changes Expected: The U.S. government may announce easing of gun regulations at the National Shooting Sports Foundation trade show, likely impacting major gun stocks like Smith & Wesson (SWBI) and Sturm, Ruger (RGR), potentially stimulating sales growth.
- Positive Market Reaction: As trading begins this week, retail sentiment has shifted to bullish for RGR and neutral for AOUT, indicating market optimism regarding potential policy changes and their implications for stock performance.
- Sales Growth Potential: Easing restrictions on private sales and exports is expected to boost firearm sales, likely leading to strong short-term performance for SWBI, RGR, and other related stocks, reflecting market sensitivity to regulatory changes.
- Political Context Impact: The Trump administration's intent to reverse Biden-era gun restrictions highlights the significance of gun policy in U.S. politics, potentially further driving growth in the firearms industry and increasing investor interest.
See More
Outdoor Holding (POWW) Authorizes $15 Million Share Repurchase Program
- Repurchase Program Initiation: Outdoor Holding's board has authorized a share repurchase program of up to $15 million, aimed at enhancing financial stability and supporting future business investments through a flexible capital allocation strategy.
- Increased Capital Flexibility: This program not only provides the company with the opportunity to deploy capital opportunistically over the next 12 months but also helps maintain a strong balance sheet, ensuring operational continuity.
- Positive Market Reaction: In pre-market trading on Nasdaq, Outdoor Holding's stock rose by 6.59% to $1.7800, indicating a favorable market response to the repurchase program.
- Pursuit of Strategic Opportunities: By implementing this repurchase plan, Outdoor Holding aims to seize potential strategic opportunities while maintaining operations, thereby driving long-term growth.
See More
Outdoor Holding Company Settles with SEC, No Civil Penalty Imposed
- Settlement Reached: Outdoor Holding Company has settled with the SEC without incurring a civil penalty, marking a successful effort to resolve past issues and enhancing investor confidence.
- Management Changes: The company has replaced its senior management team to ensure future compliance and prevent similar violations, thereby strengthening the stability of its governance structure.
- Internal Control Improvements: The company has agreed to engage an outside compliance consultant to assist in improving internal controls over financial reporting, with all recommendations expected to be implemented within two years, which will enhance financial transparency and compliance.
- Financial Restatement: The company has completed the restatement of its financial statements for fiscal years 2022 to 2024, ensuring accuracy of information and increasing market trust in the company's financial health.
See More
Outdoor Holding Company Settles SEC Investigation Without Civil Penalty
- Settlement Reached: Outdoor Holding Company has settled with the SEC without incurring a civil penalty, marking a significant step in resolving past compliance issues and enhancing investor confidence.
- Management Changes: The company has replaced its senior management team, with the new leadership tasked with overseeing compliance and internal control improvements, aimed at strengthening corporate governance and preventing future violations.
- Compliance Measures: The company has agreed to engage an outside compliance consultant to assist in addressing material weaknesses in internal controls over financial reporting within the next two years, ensuring transparency and accuracy in financial disclosures to bolster market trust.
- Financial Restatement: Outdoor Holding Company has completed the restatement of its financial statements for fiscal years 2022 to 2024, reflecting ongoing efforts to improve financial transparency and compliance, with the goal of enhancing shareholder value and market competitiveness.
See More
Outdoor Holding resolves SEC investigation without facing penalties.
SEC Investigation Settlement: Outdoor Holding (POWW) has settled an SEC investigation regarding disclosure failures and accounting violations without facing civil penalties or monetary sanctions.
Disclosure Failures: The company failed to disclose a former executive's role, related party transactions, and had issues with equity issuance costs, stock compensation expenses, adjusted EBITDA calculations, and internal accounting controls.
Management Changes: The order noted that Outdoor Holding is now under new senior management, distinct from those involved in the previous violations.
Remediation Efforts: The company has implemented a multi-phase remediation program, including an independent investigation and restatement of financial results for fiscal years 2022-2025, overseen by its board and committees.
See More
Outdoor Holding Company to Announce FQ3 Earnings on February 9th
- Earnings Announcement: Outdoor Holding Company is set to announce its FQ3 earnings results on February 9th before market open, with consensus EPS estimate at -$0.01 and revenue estimate at $12.52 million, indicating cautious market sentiment regarding the company's financial performance.
- Historical Performance: Over the past two years, Outdoor Holding has beaten EPS estimates 63% of the time and revenue estimates 63% of the time, demonstrating a consistent ability to meet financial forecasts and instilling confidence among investors.
- Stock Buyback Plan: The company has initiated a $15 million stock buyback plan aimed at reducing the number of shares outstanding, which could enhance EPS and potentially drive stock price appreciation, reflecting a proactive approach to shareholder value.
- SEC Settlement: Outdoor Holding has settled its SEC probe without incurring any penalties, alleviating market concerns regarding its compliance and further solidifying its position in the marketplace.
See More
U.S. Considers Easing Gun Regulations, Impacting Major Gun Stocks
- Regulatory Changes Expected: The U.S. government may announce easing of gun regulations at the National Shooting Sports Foundation trade show, likely impacting major gun stocks like Smith & Wesson (SWBI) and Sturm, Ruger (RGR), potentially stimulating sales growth.
- Positive Market Reaction: As trading begins this week, retail sentiment has shifted to bullish for RGR and neutral for AOUT, indicating market optimism regarding potential policy changes and their implications for stock performance.
- Sales Growth Potential: Easing restrictions on private sales and exports is expected to boost firearm sales, likely leading to strong short-term performance for SWBI, RGR, and other related stocks, reflecting market sensitivity to regulatory changes.
- Political Context Impact: The Trump administration's intent to reverse Biden-era gun restrictions highlights the significance of gun policy in U.S. politics, potentially further driving growth in the firearms industry and increasing investor interest.
See More
Outdoor Holding (POWW) Authorizes $15 Million Share Repurchase Program
- Repurchase Program Initiation: Outdoor Holding's board has authorized a share repurchase program of up to $15 million, aimed at enhancing financial stability and supporting future business investments through a flexible capital allocation strategy.
- Increased Capital Flexibility: This program not only provides the company with the opportunity to deploy capital opportunistically over the next 12 months but also helps maintain a strong balance sheet, ensuring operational continuity.
- Positive Market Reaction: In pre-market trading on Nasdaq, Outdoor Holding's stock rose by 6.59% to $1.7800, indicating a favorable market response to the repurchase program.
- Pursuit of Strategic Opportunities: By implementing this repurchase plan, Outdoor Holding aims to seize potential strategic opportunities while maintaining operations, thereby driving long-term growth.
See More
Outdoor Holding Company Settles with SEC, No Civil Penalty Imposed
- Settlement Reached: Outdoor Holding Company has settled with the SEC without incurring a civil penalty, marking a successful effort to resolve past issues and enhancing investor confidence.
- Management Changes: The company has replaced its senior management team to ensure future compliance and prevent similar violations, thereby strengthening the stability of its governance structure.
- Internal Control Improvements: The company has agreed to engage an outside compliance consultant to assist in improving internal controls over financial reporting, with all recommendations expected to be implemented within two years, which will enhance financial transparency and compliance.
- Financial Restatement: The company has completed the restatement of its financial statements for fiscal years 2022 to 2024, ensuring accuracy of information and increasing market trust in the company's financial health.
See More
Outdoor Holding Company Settles SEC Investigation Without Civil Penalty
- Settlement Reached: Outdoor Holding Company has settled with the SEC without incurring a civil penalty, marking a significant step in resolving past compliance issues and enhancing investor confidence.
- Management Changes: The company has replaced its senior management team, with the new leadership tasked with overseeing compliance and internal control improvements, aimed at strengthening corporate governance and preventing future violations.
- Compliance Measures: The company has agreed to engage an outside compliance consultant to assist in addressing material weaknesses in internal controls over financial reporting within the next two years, ensuring transparency and accuracy in financial disclosures to bolster market trust.
- Financial Restatement: Outdoor Holding Company has completed the restatement of its financial statements for fiscal years 2022 to 2024, reflecting ongoing efforts to improve financial transparency and compliance, with the goal of enhancing shareholder value and market competitiveness.
See More
Outdoor Holding resolves SEC investigation without facing penalties.
SEC Investigation Settlement: Outdoor Holding (POWW) has settled an SEC investigation regarding disclosure failures and accounting violations without facing civil penalties or monetary sanctions.
Disclosure Failures: The company failed to disclose a former executive's role, related party transactions, and had issues with equity issuance costs, stock compensation expenses, adjusted EBITDA calculations, and internal accounting controls.
Management Changes: The order noted that Outdoor Holding is now under new senior management, distinct from those involved in the previous violations.
Remediation Efforts: The company has implemented a multi-phase remediation program, including an independent investigation and restatement of financial results for fiscal years 2022-2025, overseen by its board and committees.
See More
