News coverage about American Software (NASDAQ:AMSWA) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. American Software earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned media coverage about the software maker an impact score of 46.2410461099893 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the headlines that may have impacted Accern Sentiment’s rankings:
- Logility Named a 2017 Great Supply Chain Partner by SupplyChainBrain (finance.yahoo.com)
- American Software, Inc. :AMSWA-US: Earnings Analysis: Q1, 2018 By the Numbers : September 12, 2017 (finance.yahoo.com)
- American Software, Inc. (AMSWA) President Sells $36,266.10 in Stock (americanbankingnews.com)
- American Software, Inc. (AMSWA) Director Sells $374,514.70 in Stock (americanbankingnews.com)
- American Software, Inc. (AMSWA) Director Sells $153,734.00 in Stock (americanbankingnews.com)
A number of equities analysts have recently weighed in on AMSWA shares. Zacks Investment Research lowered American Software from a “hold” rating to a “sell” rating in a research report on Tuesday, July 4th. BidaskClub downgraded American Software from a “sell” rating to a “strong sell” rating in a report on Thursday, July 27th. Finally, B. Riley reiterated a “buy” rating and set a $12.25 price target on shares of American Software in a report on Sunday, June 25th.
Shares of American Software (NASDAQ:AMSWA) traded down 0.45% on Tuesday, hitting $10.94. The stock had a trading volume of 86,402 shares. The stock has a 50 day moving average of $9.95 and a 200-day moving average of $10.43. American Software has a 12 month low of $9.00 and a 12 month high of $12.10. The stock has a market cap of $324.59 million, a PE ratio of 21.08 and a beta of 0.76.
American Software (NASDAQ:AMSWA) last announced its quarterly earnings data on Friday, June 23rd. The software maker reported $0.34 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.21 by $0.13. American Software had a return on equity of 16.06% and a net margin of 14.81%. The business had revenue of $26.27 million for the quarter, compared to the consensus estimate of $27.72 million. Equities research analysts anticipate that American Software will post $0.35 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 4th. Stockholders of record on Friday, November 10th will be given a $0.11 dividend. The ex-dividend date of this dividend is Thursday, November 9th. This represents a $0.44 annualized dividend and a dividend yield of 4.02%. American Software’s payout ratio is 84.62%.
In related news, President H Allan Dow sold 3,282 shares of the business’s stock in a transaction dated Wednesday, September 6th. The stock was sold at an average price of $11.05, for a total value of $36,266.10. Following the sale, the president now directly owns 3,282 shares in the company, valued at $36,266.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director J Michael Edenfield sold 13,900 shares of the business’s stock in a transaction dated Tuesday, September 5th. The stock was sold at an average price of $11.06, for a total value of $153,734.00. Following the completion of the sale, the director now owns 13,900 shares in the company, valued at $153,734. The disclosure for this sale can be found here. Insiders sold 142,066 shares of company stock worth $1,543,667 over the last quarter. 13.89% of the stock is owned by company insiders.
American Software Company Profile
American Software, Inc (American Software) develops, markets and supports a portfolio of software and services that delivers enterprise management, supply chain and retail planning solutions to the marketplace. The Company operates through three business segments: Supply Chain Management (SCM), Enterprise Resource Planning (ERP) and Information Technology (IT) Consulting.
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