Does American Outdoor Brands' Low P/E Make it a Smart Investment?
American Outdoor Brands(AOUT) ZACKS·2024-10-04 23:51
American Outdoor Brands, Inc. (AOUT) stock is currently trading at a notable discount relative to the Zacks Leisure and Recreation Products industry. With a forward 12-month Price/Earnings ratio of 14.99x, it sits well below the industry average of 28.75x and the Consumer Discretionary sector’s 17.96x.In the past three months, AOUT shares have gained 8% compared with the industry’s growth of 19.1%. In the same time frame, other stocks like On Holding AG (ONON) , Acushnet Holdings Corp. (GOLF) and Academy Sp ...