American Outdoor Brands (AOUT)
Market Price (3/5/2026): $8.97 | Market Cap: $113.4 MilSector: Consumer Discretionary | Industry: Leisure Facilities
American Outdoor Brands (AOUT)
Market Price (3/5/2026): $8.97Market Cap: $113.4 MilSector: Consumer DiscretionaryIndustry: Leisure Facilities
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Megatrend and thematic driversMegatrends include Outdoor Recreation & Lifestyle. Themes include Outdoor Gear & Equipment, Direct-to-Consumer Outdoor Brands, and Recreational Shooting Sports Accessories. | Weak multi-year price returns2Y Excs Rtn is -23%, 3Y Excs Rtn is -77% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -5.4 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -2.6% |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -0.9%, Rev Chg QQuarterly Revenue Change % is -5.0% | ||
| Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -2.4% | ||
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -9.2% | ||
| Key risksAOUT key risks include [1] a projected 13-14% sales decline for Fiscal Year 2026 and an inability to achieve GAAP profitability for the current year, Show more. |
| Megatrend and thematic driversMegatrends include Outdoor Recreation & Lifestyle. Themes include Outdoor Gear & Equipment, Direct-to-Consumer Outdoor Brands, and Recreational Shooting Sports Accessories. |
| Weak multi-year price returns2Y Excs Rtn is -23%, 3Y Excs Rtn is -77% |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -5.4 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -2.6% |
| Weak revenue growthRev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -0.9%, Rev Chg QQuarterly Revenue Change % is -5.0% |
| Not cash flow generativeFCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -2.4% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -9.2% |
| Key risksAOUT key risks include [1] a projected 13-14% sales decline for Fiscal Year 2026 and an inability to achieve GAAP profitability for the current year, Show more. |
Qualitative Assessment
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American Outdoor Brands (AOUT) stock has gained about 25% since 11/30/2025 because of the following key factors:
1. Strong Q2 Fiscal 2026 Revenue Performance Exceeded Expectations.
American Outdoor Brands reported its second quarter fiscal 2026 results on December 9, 2025, with revenue of $57.2 million, surpassing analyst forecasts of $56.07 million by 2.02%. This revenue beat, despite a slight earnings per share (EPS) miss of $0.01, led to a 6.94% increase in the stock price during after-hours trading, reflecting positive investor sentiment.
2. Positive Momentum Carried Over from Prior Quarter's Strong Results.
Although outside the specified period, the company's strong performance in Q4 fiscal 2025, reported on June 26, 2025, likely contributed to sustained investor confidence. In Q4 2025, American Outdoor Brands reported an EPS of $0.13, significantly beating the consensus estimate of -$0.02 by $0.15, and revenue of $61.94 million, which exceeded analysts' expectations of $48.46 million. This earlier strong earnings report helped establish a positive trajectory for the stock.
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1. Strong Q2 Fiscal 2026 Revenue Performance Exceeded Expectations.
American Outdoor Brands reported its second quarter fiscal 2026 results on December 9, 2025, with revenue of $57.2 million, surpassing analyst forecasts of $56.07 million by 2.02%. This revenue beat, despite a slight earnings per share (EPS) miss of $0.01, led to a 6.94% increase in the stock price during after-hours trading, reflecting positive investor sentiment.
2. Positive Momentum Carried Over from Prior Quarter's Strong Results.
Although outside the specified period, the company's strong performance in Q4 fiscal 2025, reported on June 26, 2025, likely contributed to sustained investor confidence. In Q4 2025, American Outdoor Brands reported an EPS of $0.13, significantly beating the consensus estimate of -$0.02 by $0.15, and revenue of $61.94 million, which exceeded analysts' expectations of $48.46 million. This earlier strong earnings report helped establish a positive trajectory for the stock.
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Stock Movement Drivers
Fundamental Drivers
The 25.0% change in AOUT stock from 11/30/2025 to 3/4/2026 was primarily driven by a 26.0% change in the company's P/S Multiple.| (LTM values as of) | 11302025 | 3042026 | Change |
|---|---|---|---|
| Stock Price ($) | 7.17 | 8.96 | 25.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 210 | 207 | -1.4% |
| P/S Multiple | 0.4 | 0.5 | 26.0% |
| Shares Outstanding (Mil) | 13 | 13 | 0.6% |
| Cumulative Contribution | 25.0% |
Market Drivers
11/30/2025 to 3/4/2026| Return | Correlation | |
|---|---|---|
| AOUT | 25.0% | |
| Market (SPY) | 0.3% | 50.5% |
| Sector (XLY) | -1.6% | 49.0% |
Fundamental Drivers
The -14.2% change in AOUT stock from 8/31/2025 to 3/4/2026 was primarily driven by a -8.7% change in the company's P/S Multiple.| (LTM values as of) | 8312025 | 3042026 | Change |
|---|---|---|---|
| Stock Price ($) | 10.44 | 8.96 | -14.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 222 | 207 | -6.7% |
| P/S Multiple | 0.6 | 0.5 | -8.7% |
| Shares Outstanding (Mil) | 13 | 13 | 0.8% |
| Cumulative Contribution | -14.2% |
Market Drivers
8/31/2025 to 3/4/2026| Return | Correlation | |
|---|---|---|
| AOUT | -14.2% | |
| Market (SPY) | 6.5% | 44.2% |
| Sector (XLY) | 0.6% | 39.4% |
Fundamental Drivers
The -43.6% change in AOUT stock from 2/28/2025 to 3/4/2026 was primarily driven by a -46.2% change in the company's P/S Multiple.| (LTM values as of) | 2282025 | 3042026 | Change |
|---|---|---|---|
| Stock Price ($) | 15.90 | 8.96 | -43.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 202 | 207 | 2.9% |
| P/S Multiple | 1.0 | 0.5 | -46.2% |
| Shares Outstanding (Mil) | 13 | 13 | 1.8% |
| Cumulative Contribution | -43.6% |
Market Drivers
2/28/2025 to 3/4/2026| Return | Correlation | |
|---|---|---|
| AOUT | -43.6% | |
| Market (SPY) | 16.3% | 43.1% |
| Sector (XLY) | 8.5% | 42.3% |
Fundamental Drivers
The -2.9% change in AOUT stock from 2/28/2023 to 3/4/2026 was primarily driven by a -5.9% change in the company's P/S Multiple.| (LTM values as of) | 2282023 | 3042026 | Change |
|---|---|---|---|
| Stock Price ($) | 9.23 | 8.96 | -2.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 214 | 207 | -3.2% |
| P/S Multiple | 0.6 | 0.5 | -5.9% |
| Shares Outstanding (Mil) | 13 | 13 | 6.6% |
| Cumulative Contribution | -2.9% |
Market Drivers
2/28/2023 to 3/4/2026| Return | Correlation | |
|---|---|---|
| AOUT | -2.9% | |
| Market (SPY) | 79.3% | 33.4% |
| Sector (XLY) | 63.8% | 32.5% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| AOUT Return | 17% | -50% | -16% | 81% | -49% | 14% | -48% |
| Peers Return | 7% | -22% | 9% | 36% | -1% | -5% | 17% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -0% | 81% |
Monthly Win Rates [3] | |||||||
| AOUT Win Rate | 67% | 42% | 42% | 58% | 42% | 67% | |
| Peers Win Rate | 42% | 38% | 46% | 57% | 42% | 33% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| AOUT Max Drawdown | -2% | -64% | -29% | -7% | -58% | 0% | |
| Peers Max Drawdown | -10% | -42% | -25% | -28% | -27% | -11% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: FUN, CALY, AS, PLNT, LTH.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/4/2026 (YTD)
How Low Can It Go
| Event | AOUT | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -80.2% | -25.4% |
| % Gain to Breakeven | 403.9% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -32.5% | -33.9% |
| % Gain to Breakeven | 48.2% | 51.3% |
| Time to Breakeven | 106 days | 148 days |
Compare to FUN, CALY, AS, PLNT, LTH
In The Past
American Outdoor Brands's stock fell -80.2% during the 2022 Inflation Shock from a high on 7/1/2021. A -80.2% loss requires a 403.9% gain to breakeven.
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About American Outdoor Brands (AOUT)
American Outdoor Brands, Inc. provides outdoor products and accessories for rugged outdoor enthusiasts in the United States and internationally. The company offers hunting, fishing, camping, shooting, and personal security and defense products. Its products include shooting supplies, rests, vaults, and other related accessories; 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; electro-optical devices comprising hunting optics, firearm aiming devices, flashlights, and laser grips; reloading, gunsmithing, and firearm cleaning supplies; and survival, camping, and emergency preparedness products. The company sells its products through e-commerce and traditional distribution channels under the Marksman, Defender, Harvester, and Adventure brand lanes. American Outdoor Brands, Inc. was incorporated in 2020 and is headquartered in Columbia, Missouri.
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- Like a **Stanley Black & Decker** for outdoor lifestyle brands and accessories.
- The 'parent company' behind many of the outdoor gear brands you'd find at **Bass Pro Shops** or **Cabela's**.
- A diversified **YETI**, owning multiple brands for camping, hunting, and outdoor cooking equipment.
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- Shooting Sports Accessories: Products designed to enhance the shooting experience, including gun rests, targets, cleaning supplies, gun cases, and reloading equipment.
- Knives and Hand Tools: A range of cutting tools such as folding knives, fixed-blade knives, multi-tools, and other utility hand tools.
- Outdoor Lifestyle Gear: Products for camping, hiking, and survival, including lanterns, flashlights, fire starters, and other essential outdoor equipment.
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American Outdoor Brands (AOUT) primarily sells its products to other companies, specifically national and regional retailers, independent sporting goods stores, distributors, and online retailers. While AOUT does not explicitly name its largest customers in its public filings, it has stated that its largest customer accounted for approximately 11% of net sales and its second largest customer accounted for approximately 10% of net sales in fiscal 2023. Based on AOUT's product categories (shooting sports, hunting, and outdoor recreation accessories) and described distribution channels, its major customers are likely large retailers in these sectors.
Highly probable major customer companies include:
- Walmart Inc. (Symbol: WMT)
- Dick's Sporting Goods, Inc. (Symbol: DKS)
- Academy Sports and Outdoors, Inc. (Symbol: ASO)
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Brian D. Murphy, President & Chief Executive Officer
Mr. Murphy has served as President and Chief Executive Officer and a Director of American Outdoor Brands since its spin-off in August 2020. Prior to the spin-off, he was Co-President and Co-Chief Executive Officer of Smith & Wesson Brands, Inc. from January 2020. He also held positions as President of the Outdoor Products & Accessories Division and President of the Outdoor Recreation Division at Smith & Wesson Brands, Inc. Before his time at Smith & Wesson, Mr. Murphy was Vice President, Corporate Development at Vista Outdoor Inc. from February 2015 to December 2016, where he oversaw approximately $900 million in acquisitions. He previously served as Director of Mergers & Acquisitions and Director of Financial Planning & Analysis for Alliant Techsystems from April 2013 to February 2015. From May 2006 to October 2010, Mr. Murphy worked as an investment banker at Houlihan Lokey, where he advised companies on strategy, acquisitions, divestitures, recapitalizations, and restructuring, including selling companies. He holds an undergraduate degree in finance and entrepreneurial management.
H. Andrew Fulmer, Executive Vice President and Chief Financial Officer
Mr. Fulmer has served as Executive Vice President, Chief Financial Officer, and Treasurer of American Outdoor Brands since the company's spin-off in August 2020. Before the spin-off, he was Vice President, Financial Planning & Analysis of Smith & Wesson Brands, Inc. from 2016. His tenure at Smith & Wesson Brands, Inc. also included roles as Senior Director of Financial Planning & Analysis, Director of Financial Planning & Analysis, and Assistant Controller, starting in 2010. Mr. Fulmer played a key role in developing and executing the company's long-term acquisition strategy for the outdoor products and accessories business and established procedures for acquisition-related financial modeling, due diligence, internal controls, and integration of acquired businesses. Prior to joining Smith & Wesson, he was Controller for Steeltech Building Products, Inc. from May 2006 to September 2010. From June 1996 to May 2006, he held various audit and tax roles at PricewaterhouseCoopers LLP. He is a licensed CPA.
Brent A. Vulgamott, Chief Operating Officer
Mr. Vulgamott serves as the Chief Operating Officer of American Outdoor Brands.
James E. Tayon, Chief Product Officer
Mr. Tayon has served as Chief Product Officer since December 2023. Prior to this role, he was the Vice President of Product Development from the spin-off of American Outdoor Brands in March 2021 until December 2023. Before the spin-off, Mr. Tayon also held a position with Smith & Wesson Brands Inc.
Elizabeth A. Sharp, Vice President of Investor Relations
Ms. Sharp has served as Vice President of Investor Relations for American Outdoor Brands since the spin-off. Before the spin-off, she held the role of Vice President, Investor Relations for Smith & Wesson Brands, Inc. from May 2005.
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The key risks to American Outdoor Brands' (AOUT) business are primarily driven by economic sensitivity, fluctuating consumer demand leading to projected sales declines, ongoing tariff pressures impacting profitability, and volatility within specific product segments.
- Economic Sensitivity, Fluctuating Consumer Demand, and Anticipated Sales Declines: American Outdoor Brands operates within the Consumer Cyclical sector, making it highly susceptible to economic downturns and shifts in consumer spending habits. The company anticipates a significant decline in net sales, projecting a 13% to 14% drop for Fiscal Year 2026, primarily due to accelerated orders in the prior year and cautious retailer purchasing behavior. When adjusted for these accelerated orders, the underlying net sales decrease is still expected to be around 5%. Macroeconomic volatility, evolving consumer preferences, and variability in retailer orders continue to pose challenges, with e-commerce channel sales experiencing a notable decline of 15.9%. This environment is expected to result in the company being only moderately cash profitable and not GAAP profitable for the current fiscal year.
- Tariff Pressures and Supply Chain Vulnerabilities: Tariffs represent a significant financial headwind for American Outdoor Brands, directly impacting its gross margin. The company's reliance on Asian manufacturing exposes it to tariff-related challenges and broader supply chain issues. While the company is implementing mitigation strategies, including pricing adjustments, cost concessions, and product innovation, the full offset of tariff impacts is not expected until fiscal year 2027. Historical order shifts to avoid anticipated tariff increases have also distorted sales comparisons.
- Volatility in Specific Product Segments: American Outdoor Brands faces fluctuating demand within key product categories. The personal protection segment within shooting sports has shown weakness, and the company is closely monitoring the potential impact of political events, such as upcoming elections, on firearm demand. Additionally, there has been a noted drop-off in demand for meat-processing equipment within its outdoor lifestyle segment. While new product introductions are contributing to sales and helping to cushion some of this volatility, the dynamic nature of these markets presents an ongoing risk.
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- Declining participation in traditional outdoor sports such as hunting and fishing, which represent a significant market for many of American Outdoor Brands' core products and historical brand strengths. Data from government agencies and industry reports indicate long-term demographic shifts away from these activities, leading to a shrinking addressable market for a portion of AOUT's portfolio.
- The increasing proliferation and market penetration of agile, direct-to-consumer (DTC) and niche e-commerce brands in the outdoor accessories space. These competitors can leverage digital marketing, social media, and direct online sales to reach specific customer segments, build strong brand loyalty, and potentially offer specialized products more rapidly or at lower cost, bypassing traditional retail distribution channels that American Outdoor Brands relies upon.
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American Outdoor Brands (AOUT) operates in various segments within the outdoor lifestyle and shooting sports markets. The addressable market sizes for their main products and services in the U.S. and globally are as follows:
- Outdoor Recreation Products (U.S.): The overall outdoor recreation products market in the United States was valued at USD 12.7 billion in 2024 and is projected to reach USD 21.7 billion by 2032, with a compound annual growth rate (CAGR) of 6.95% from 2026 to 2032.
- Camping and Hiking Gear (U.S.): The U.S. camping and hiking gear market size was estimated at USD 8.61 billion in 2024 and is expected to grow at a CAGR of 4.2% from 2024 to 2030, reaching USD 11.45 billion by 2030.
- Hunting Equipment and Accessories (U.S.): The hunting equipment and accessories market in the United States generated a revenue of USD 11,220.9 million (or approximately USD 11.22 billion) in 2023 and is expected to reach US$ 18,809.1 million (or approximately USD 18.81 billion) by 2030, growing at a CAGR of 7.7% from 2024 to 2030.
- Shooting and Gun Accessories (Global): The global shooting and gun accessories market size was valued at USD 8.29 billion in 2024 and is projected to reach USD 11.85 billion by 2029, growing at a CAGR of 7.9%. North America was identified as the largest region in this market in 2024. Another source indicates the global guns and accessories market was valued at USD 7.12 billion in 2024 and is projected to grow to USD 10.15 billion by 2032, with North America dominating the market with a 34.27% share in 2024.
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American Outdoor Brands (AOUT): Key Revenue Growth Drivers (Next 2-3 Years)
American Outdoor Brands (AOUT) is strategically positioned to drive future revenue growth through several key initiatives and market trends over the next two to three years:
- New Product Launches and Innovation: The company consistently emphasizes the importance of new product introductions across its brands. For example, growth in the second quarter of fiscal year 2025 was "driven entirely by inline products, well ahead of the new product launches that we have planned for the second-half of our fiscal year," indicating a pipeline of upcoming products expected to contribute to future sales. Management has also highlighted a "relentless commitment to innovation" as a direct result of their performance. The success of recent new product launches and incremental distribution opportunities are also expected to contribute to future growth.
- Growth in the Outdoor Lifestyle Category: This segment, encompassing products for hunting, fishing, outdoor cooking, and rugged outdoor activities, has been a significant driver of sales. In fiscal year 2025, net sales in the outdoor lifestyle category grew by 16.2%, primarily fueled by brands such as BUBBA, MEAT! Your Maker, and BOG. This trend continued into Q3 fiscal 2025, with a 15.1% increase driven by MEAT! Your Maker, BOG brands, and knife and tool brands. The company anticipates growth in the second half of fiscal year 2025 to be driven by new product launches and distribution opportunities specifically within this category.
- Expansion in Traditional and International Sales Channels: American Outdoor Brands has demonstrated consistent growth in its traditional retail and international markets. In fiscal year 2025, traditional channel net sales increased by 18.1%, and international net sales grew by 20% compared to fiscal 2024. The company's growth in Q2 fiscal 2025 was positive across "every single sales channel, including traditional, e-commerce, domestic, and international." This broad-based channel growth, including high-single-digit growth in traditional and e-commerce channels in Q3 fiscal 2025, underscores the connection between their brands and consumers at retail and online.
- Direct-to-Consumer (DTC) Sales Growth: While traditional and international channels are strong, the company also notes the contribution of its e-commerce channel, which includes direct-to-consumer sales from its own websites. Although direct-to-consumer net sales for fiscal 2025 were a more modest increase to $29.6 million from $29.1 million in the prior year, continued investment and focus on e-commerce channels, which saw a 9.5% increase in Q3 fiscal 2025, are expected to contribute to future revenue growth as consumers increasingly shop online.
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1. Share Repurchases
- American Outdoor Brands authorized a new $10 million share repurchase program effective from October 1, 2025, through September 30, 2026.
- Prior to this, a program authorized in 2024 resulted in the repurchase of 581,968 shares at an average price of $10.30 per share, totaling approximately $6.0 million as of September 30, 2025.
- An earlier program initiated in 2023 led to the repurchase of 412,735 shares at an average price of $8.70 per share, totaling approximately $3.6 million. The company repurchased approximately $1 million of common stock in Q2 FY25.
2. Share Issuance
- No significant share issuances by the company have been reported in the last 3-5 years.
3. Inbound Investments
- No significant inbound investments from third-parties have been reported for American Outdoor Brands in the last 3-5 years.
4. Outbound Investments
- No significant outbound investments in other companies by American Outdoor Brands have been reported in the last 3-5 years. The company's disciplined capital deployment strategy includes pursuing selective acquisitions, but no specific large outbound investments were detailed in the provided information.
5. Capital Expenditures
- Capital expenditures in Q3 FY25 were $1.8 million, primarily focused on product tooling, patent costs, and the completion of a factory outlet store.
- Full-year FY25 capital expenditures are projected to be between $4 million and $4.5 million, which aligns with the company's model of approximately 2% of net sales for these types of investments.
- Quarterly capital expenditures for July 2025 were $300,000.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| American Outdoor Brands Earnings Notes | 12/16/2025 | |
| American Outdoor Brands Stock Jump Looks Great, But How Secure Is That Gain? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select ideas related to AOUT.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 02272026 | MBLY | Mobileye Global | Dip Buy | DB | Cash/EquityDip Buyer with High Net Cash % EquityBuying dips for companies with significant net cash as a % of market cap along with meaningful cash flow generation | 0.0% | 0.0% | 0.0% |
| 02202026 | SAH | Sonic Automotive | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -5.9% | -5.9% | -6.1% |
| 02132026 | MAT | Mattel | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 2.9% | 2.9% | 0.0% |
| 02132026 | SONO | Sonos | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -0.7% | -0.7% | -4.6% |
| 02062026 | DECK | Deckers Outdoor | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 1.6% | 1.6% | -0.8% |
Research & Analysis
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 21.50 |
| Mkt Cap | 5.8 |
| Rev LTM | 3,066 |
| Op Inc LTM | 321 |
| FCF LTM | -5 |
| FCF 3Y Avg | 7 |
| CFO LTM | 333 |
| CFO 3Y Avg | 353 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 13.2% |
| Rev Chg 3Y Avg | 12.2% |
| Rev Chg Q | 4.1% |
| QoQ Delta Rev Chg LTM | 0.9% |
| Op Mgn LTM | 9.4% |
| Op Mgn 3Y Avg | 11.1% |
| QoQ Delta Op Mgn LTM | 0.2% |
| CFO/Rev LTM | 10.6% |
| CFO/Rev 3Y Avg | 15.2% |
| FCF/Rev LTM | -0.7% |
| FCF/Rev 3Y Avg | 2.0% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 5.8 |
| P/S | 1.9 |
| P/EBIT | 12.0 |
| P/E | 15.5 |
| P/CFO | 5.9 |
| Total Yield | 2.1% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 2.7% |
| D/E | 0.4 |
| Net D/E | 0.4 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -5.5% |
| 3M Rtn | -0.9% |
| 6M Rtn | -9.0% |
| 12M Rtn | -15.7% |
| 3Y Rtn | -2.2% |
| 1M Excs Rtn | -4.0% |
| 3M Excs Rtn | -2.8% |
| 6M Excs Rtn | -15.4% |
| 12M Excs Rtn | -31.9% |
| 3Y Excs Rtn | -74.1% |
Price Behavior
Price Behavior
| Market Price | $8.96 | |
| Market Cap ($ Bil) | 0.1 | |
| First Trading Date | 08/25/2020 | |
| Distance from 52W High | -42.3% | |
| 50 Days | 200 Days | |
| DMA Price | $8.82 | $9.03 |
| DMA Trend | down | up |
| Distance from DMA | 1.6% | -0.7% |
| 3M | 1YR | |
| Volatility | 47.2% | 54.2% |
| Downside Capture | 118.09 | 189.63 |
| Upside Capture | 266.65 | 105.18 |
| Correlation (SPY) | 50.6% | 42.9% |
AOUT Betas & Captures as of 2/28/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 2.21 | 2.75 | 2.28 | 1.94 | 1.20 | 1.05 |
| Up Beta | 0.58 | 0.61 | 1.42 | 1.71 | 0.99 | 0.90 |
| Down Beta | 2.26 | 3.39 | 3.32 | 2.19 | 1.12 | 1.08 |
| Up Capture | 362% | 414% | 325% | 173% | 106% | 97% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 12 | 23 | 33 | 58 | 112 | 365 |
| Down Capture | 186% | 237% | 128% | 192% | 141% | 106% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 8 | 17 | 27 | 63 | 132 | 370 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with AOUT | |
|---|---|---|---|---|
| AOUT | -42.3% | 54.5% | -0.81 | - |
| Sector ETF (XLY) | 10.6% | 24.1% | 0.36 | 42.2% |
| Equity (SPY) | 18.5% | 19.2% | 0.76 | 43.1% |
| Gold (GLD) | 78.4% | 26.1% | 2.20 | 2.5% |
| Commodities (DBC) | 19.7% | 17.1% | 0.89 | 13.6% |
| Real Estate (VNQ) | 5.3% | 16.6% | 0.14 | 30.7% |
| Bitcoin (BTCUSD) | -20.7% | 45.1% | -0.38 | 29.7% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with AOUT | |
|---|---|---|---|---|
| AOUT | -15.4% | 49.8% | -0.16 | - |
| Sector ETF (XLY) | 8.6% | 23.7% | 0.32 | 33.3% |
| Equity (SPY) | 13.9% | 17.0% | 0.65 | 31.7% |
| Gold (GLD) | 23.4% | 17.3% | 1.11 | 4.0% |
| Commodities (DBC) | 11.2% | 19.0% | 0.47 | 1.8% |
| Real Estate (VNQ) | 5.2% | 18.8% | 0.18 | 23.8% |
| Bitcoin (BTCUSD) | 7.7% | 56.8% | 0.36 | 15.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with AOUT | |
|---|---|---|---|---|
| AOUT | -6.5% | 50.7% | -0.05 | - |
| Sector ETF (XLY) | 13.3% | 21.9% | 0.56 | 32.6% |
| Equity (SPY) | 15.4% | 17.9% | 0.74 | 31.2% |
| Gold (GLD) | 15.0% | 15.6% | 0.80 | 4.7% |
| Commodities (DBC) | 9.0% | 17.6% | 0.42 | 4.1% |
| Real Estate (VNQ) | 6.5% | 20.7% | 0.28 | 23.0% |
| Bitcoin (BTCUSD) | 66.2% | 66.8% | 1.06 | 15.7% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 12/9/2025 | 4.4% | 3.9% | 16.9% |
| 9/4/2025 | -18.1% | -14.0% | -16.2% |
| 6/26/2025 | -13.1% | -12.9% | -19.6% |
| 3/6/2025 | -7.4% | -13.7% | -28.3% |
| 12/5/2024 | 21.4% | 39.7% | 42.5% |
| 9/5/2024 | -0.2% | -9.4% | -1.4% |
| 6/27/2024 | 2.0% | -5.6% | 9.0% |
| 3/7/2024 | 3.3% | 3.6% | 5.4% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 8 | 7 | 9 |
| # Negative | 12 | 13 | 11 |
| Median Positive | 9.2% | 8.7% | 12.9% |
| Median Negative | -7.2% | -9.7% | -11.2% |
| Max Positive | 21.4% | 39.7% | 42.5% |
| Max Negative | -22.0% | -20.9% | -28.3% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 10/31/2025 | 12/09/2025 | 10-Q |
| 07/31/2025 | 09/04/2025 | 10-Q |
| 04/30/2025 | 06/26/2025 | 10-K |
| 01/31/2025 | 03/06/2025 | 10-Q |
| 10/31/2024 | 12/05/2024 | 10-Q |
| 07/31/2024 | 09/05/2024 | 10-Q |
| 04/30/2024 | 06/27/2024 | 10-K |
| 01/31/2024 | 03/07/2024 | 10-Q |
| 10/31/2023 | 11/30/2023 | 10-Q |
| 07/31/2023 | 09/07/2023 | 10-Q |
| 04/30/2023 | 06/28/2023 | 10-K |
| 01/31/2023 | 03/09/2023 | 10-Q |
| 10/31/2022 | 12/01/2022 | 10-Q |
| 07/31/2022 | 09/08/2022 | 10-Q |
| 04/30/2022 | 07/14/2022 | 10-K |
| 01/31/2022 | 03/10/2022 | 10-Q |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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