Brokerages count on that American Computer software, Inc. (NASDAQ:AMSWA – Get Ranking) will report $.08 earnings for every share (EPS) for the existing fiscal quarter, in accordance to Zacks Investment Investigate. Two analysts have offered estimates for American Software’s earnings, with the lowest EPS estimate coming in at $.07 and the greatest estimate coming in at $.08. American Application posted earnings of $.11 per share in the very same quarter very last yr, which would propose a adverse calendar year-over-12 months expansion rate of 27.3%. The organization is scheduled to announce its next quarterly earnings report on Monday, January 1st.
In accordance to Zacks, analysts expect that American Software program will report full 12 months earnings of $.41 per share for the existing money year. For the subsequent fiscal yr, analysts forecast that the enterprise will report earnings of $.40 for every share, with EPS estimates ranging from $.38 to $.42. Zacks’ EPS calculations are a imply typical based mostly on a survey of analysts that that provide coverage for American Software package.
American Software (NASDAQ:AMSWA – Get Score) very last unveiled its quarterly earnings effects on Wednesday, February 23rd. The software package maker documented $.09 EPS for the quarter, beating analysts’ consensus estimates of $.04 by $.05. American Program had a return on equity of 9.77% and a web margin of 10.09%. The corporation experienced profits of $32.42 million throughout the quarter, as opposed to analysts’ expectations of $30.27 million. All through the exact same interval past year, the business posted $.07 earnings per share.
Quite a few research analysts have just lately issued stories on the enterprise. StockNews.com upgraded American Software program from a “buy” score to a “strong-buy” score in a investigation take note on Friday, March 25th. B. Riley decreased their rate goal on American Application from $24.50 to $23.00 in a exploration note on Thursday, February 24th. Finally, Zacks Investment decision Investigation minimize American Software from a “buy” ranking to a “hold” ranking in a research observe on Tuesday, April 26th. Two analysts have rated the inventory with a maintain ranking, 3 have provided a acquire ranking and a single has given a sturdy buy rating to the stock. In accordance to knowledge from MarketBeat.com, American Software package at this time has a consensus score of “Buy” and an normal goal price tag of $30.25.
Institutional buyers have lately purchased and bought shares of the inventory. Arizona Condition Retirement System obtained a new stake in American Software program in the course of the fourth quarter well worth about $221,000. Two Sigma Advisers LP grew its holdings in American Software program by 80.3% in the third quarter. Two Sigma Advisers LP now owns 47,600 shares of the application maker’s inventory valued at $1,131,000 right after buying an additional 21,200 shares all through the interval. Eagle Asset Administration Inc. grew its holdings in American Application by 13.5% in the 3rd quarter. Eagle Asset Administration Inc. now owns 455,218 shares of the software maker’s stock valued at $10,811,000 right after paying for an extra 54,037 shares in the course of the time period. Gentleman Team plc acquired a new stake in American Computer software in the 3rd quarter valued at about $430,000. At last, William Blair Expenditure Administration LLC grew its holdings in American Program by 1.1% in the 3rd quarter. William Blair Investment Management LLC now owns 925,126 shares of the program maker’s inventory valued at $21,972,000 just after purchasing an extra 10,063 shares in the course of the period. 84.36% of the inventory is now owned by hedge cash and other institutional investors.
Shares of NASDAQ:AMSWA traded down $.25 through buying and selling on Friday, hitting $17.10. The stock had a buying and selling volume of 185,202 shares, in comparison to its ordinary volume of 71,772. American Software has a 12-month minimal of $17.08 and a 12-thirty day period large of $33.26. The stock has a marketplace capitalization of $573.88 million, a value-to-earnings ratio of 46.22 and a beta of .73. The stock has a 50-working day very simple moving common of $20.20 and a two-hundred working day straightforward moving regular of $23.48.
The business also lately introduced a quarterly dividend, which will be paid on Friday, May possibly 20th. Traders of record on Friday, May possibly 6th will be issued a dividend of $.11 for every share. This represents a $.44 annualized dividend and a generate of 2.57%. The ex-dividend date is Thursday, Could 5th. American Software’s dividend payout ratio (DPR) is 118.92%.
About American Software (Get Score)
American Software program, Inc develops, markets, and supports a variety of laptop or computer business application software products and solutions in the United States and internationally. It operates by means of a few segments: Provide Chain Management (SCM), Info Technologies Consulting (IT Consulting), and Other. The SCM section delivers demand from customers optimization, inventory optimization, provide optimization, retail optimization, quality and compliance, PLM, sourcing management, and integrated business preparing expert services.
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