Earnings results for American Software Stock Forecast, Price & News (NASDAQ:AMSWA)
American Software, Inc. is expected* to report earnings on 08/26/2020 after market close. The report will be for the fiscal Quarter ending Jul 2020. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.03. The reported EPS for the same quarter last year was $0.05.
American Software last announced its earnings results on June 18th, 2020. The software maker reported $0.02 EPS for the quarter, missing the consensus estimate of $0.05 by $0.03. The business had revenue of $29.27 million for the quarter, compared to analyst estimates of $28.41 million. American Software has generated $0.26 earnings per share over the last year and currently has a price-to-earnings ratio of 83.2. American Software has confirmed that its next quarterly earnings report will be published on Wednesday, August 26th, 2020.
Analyst Opinion on American Software Stock Forecast, Price & News (NASDAQ:AMSWA)
2 Wall Street analysts have issued ratings and price targets for American Software in the last 12 months. Their average twelve-month price target is $22.00, predicting that the stock has a possible upside of 25.93%. The high price target for AMSWA is $22.00 and the low price target for AMSWA is $22.00. There are currently 2 buy ratings for the stock, resulting in a consensus rating of “Buy.”
American Software has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $22.00, American Software has a forecasted upside of 25.9% from its current price of $17.47. American Software has only been the subject of 2 research reports in the past 90 days.
Dividend Strength: American Software Stock Forecast, Price & News (NASDAQ:AMSWA)
American Software pays a meaningful dividend of 2.52%, higher than the bottom 25% of all stocks that pay dividends. American Software has only been increasing its dividend for 1 years. The dividend payout ratio of American Software is 169.23%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, American Software will have a dividend payout ratio of 157.14% in the coming year. This indicates that American Software may not be able to sustain their current dividend.
Insiders buying/selling: American Software Stock Forecast, Price & News (NASDAQ:AMSWA)
In the past three months, American Software insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $987,619.00 in company stock. Only 9.11% of the stock of American Software is held by insiders. 76.94% of the stock of American Software is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Earnings and Valuation of American Software Stock Forecast, Price & News (NASDAQ:AMSWA
Earnings for American Software are expected to grow by 47.37% in the coming year, from $0.19 to $0.28 per share. The P/E ratio of American Software is 83.19, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.60. The P/E ratio of American Software is 83.19, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 53.05. American Software has a P/B Ratio of 5.39. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
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