Media headlines about American Software (NASDAQ:AMSWA) have been trending very positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. American Software earned a media sentiment score of 0.56 on Accern’s scale. Accern also gave media stories about the software maker an impact score of 93 out of 100, meaning that recent news coverage is extremely likely to have an impact on the stock’s share price in the near term.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s rankings:
- American Software Needs A Little More… Something (seekingalpha.com)
- Logility Receives the 2017 Manufacturing Leadership Partner Award (finance.yahoo.com)
- American Software : Logility Named a Top 100 Logistics IT Provider for the 20th Year by Inbound Logistics (4-traders.com)
- American Software, Inc. :AMSWA-US: Earnings Analysis: Q4, 2017 By the Numbers : July 24, 2017 (finance.yahoo.com)
American Software (NASDAQ:AMSWA) traded down 1.02% during mid-day trading on Friday, hitting $9.69. 55,695 shares of the stock traded hands. The company’s 50 day moving average price is $10.43 and its 200-day moving average price is $10.51. The stock has a market cap of $288.00 million, a price-to-earnings ratio of 19.78 and a beta of 0.81. American Software has a 1-year low of $9.69 and a 1-year high of $12.10.
American Software (NASDAQ:AMSWA) last posted its quarterly earnings data on Friday, June 23rd. The software maker reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.13. The company had revenue of $26.27 million for the quarter, compared to the consensus estimate of $27.72 million. American Software had a net margin of 13.76% and a return on equity of 15.09%. Analysts predict that American Software will post $0.29 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 25th. Investors of record on Friday, August 11th will be issued a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of 4.54%. The ex-dividend date of this dividend is Wednesday, August 9th. American Software’s payout ratio is 89.80%.
Several analysts have commented on the stock. BidaskClub lowered shares of American Software from a “sell” rating to a “strong sell” rating in a research report on Thursday. Zacks Investment Research lowered shares of American Software from a “buy” rating to a “hold” rating in a research report on Wednesday, April 26th. Finally, B. Riley reissued a “buy” rating and issued a $12.25 price target on shares of American Software in a research report on Sunday, June 25th.
In other American Software news, insider James R. Mcguone sold 3,095 shares of the firm’s stock in a transaction that occurred on Wednesday, June 28th. The shares were sold at an average price of $10.67, for a total transaction of $33,023.65. Following the sale, the insider now owns 3,095 shares in the company, valued at approximately $33,023.65. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director J Michael Edenfield sold 42,580 shares of the firm’s stock in a transaction that occurred on Tuesday, June 27th. The stock was sold at an average price of $10.54, for a total transaction of $448,793.20. Following the sale, the director now owns 458,333 shares in the company, valued at approximately $4,830,829.82. The disclosure for this sale can be found here. In the last three months, insiders sold 47,680 shares of company stock worth $502,989. 14.39% of the stock is currently owned by insiders.
About American Software
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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