On September 18, 2023, American Software, Inc. successfully completed the divestment of its esteemed information technology consulting firm, The Proven Method, to Marathon TS, Inc., a renowned IT professional services firm. This strategic move allows American Software to redirect its focus towards its core supply chain planning business, specifically Logility, the operational arm of American Software.
Logility, powered by a cutting-edge cloud-based platform, offers a distinctive amalgamation of Generative AI, advanced AI-driven algorithms, machine learning, and predictive analytics. These innovative technologies work in harmony to facilitate integrated planning and operations across the entire supply chain, providing unparalleled efficiency and optimization.
Marathon TS, the proud new owner of The Proven Method, is currently expanding its team and seeking an Acquisition Support Platform Owner to further strengthen its capabilities. The company has garnered a positive reputation on Glassdoor, reflecting its commitment to excellence and customer satisfaction.
While the financial details of this divestment remain undisclosed, this bold move signifies American Software’s determination to streamline its operations and concentrate on its core business ventures. With Logility at the forefront, American Software is poised to continue revolutionizing the supply chain planning industry, creating a future of seamless operations and enhanced productivity.
American Software, Inc.
Updated on: 19/09/2023
Debt to equity ratio: Neutral
Price to earnings ratio: Strong Buy
Price to book ratio: Strong Buy
DCF: Strong Buy
7:00 PM (UTC)
Date:19 September, 2023
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AMSWA Stock Analysis: Stable Performance with Potential for Future Growth
On September 19, 2023, AMSWA stock opened at $11.15, slightly lower than the previous day’s closing price of $11.16. Throughout the day, the stock traded in a range of $11.15 to $11.43. The trading volume for the day was 4,000 shares, which is significantly lower than the average volume of 244,222 shares over the past three months. AMSWA has a market capitalization of $385.1 million.
When looking at the earnings growth, AMSWA experienced a decline of 19.42% in the previous year. However, the company’s earnings growth for this year is slightly better, with a decline of 6.45%. Looking ahead, analysts predict a positive outlook for the next five years, with an expected earnings growth of 20.00%.
In terms of revenue growth, AMSWA saw a decrease of 3.05% in the previous year. This decline might have contributed to the negative earnings growth. The P/E ratio for AMSWA is 34.6, indicating that investors are willing to pay a higher price for each dollar of earnings.
The price/sales ratio is 3.28, which suggests that investors are valuing the company at 3.28 times its annual sales. The price/book ratio is 2.76, indicating that investors are willing to pay 2.76 times the company’s book value per share.
AMSWA operates in the technology services sector, specifically in the packaged software industry. The company’s corporate headquarters are located in Atlanta, Georgia.
Overall, the performance of AMSWA stock on September 19, 2023, was relatively stable, with a slight decrease in the opening price compared to the previous day’s closing price. Investors will continue to monitor the company’s earnings and revenue growth, as well as market conditions, to make informed investment decisions.
Promising Outlook for American Software Inc (AMSWA) Stock: Analysts Predict Significant Growth and Consistent Positive Sentiment
On September 19, 2023, American Software Inc (AMSWA) stock showed promising performances, with analysts predicting a positive outlook for the company. According to data from CNN Money, three analysts offered 12-month price forecasts for AMSWA, with a median target of $17.00. The high estimate was $20.00, while the low estimate matched the median target at $17.00.
The median estimate of $17.00 represents a significant increase of 48.93% from the last recorded price of $11.42. This indicates that analysts have a bullish sentiment towards AMSWA, expecting the stock to experience substantial growth in the coming months.
Furthermore, a consensus among four polled investment analysts suggests that it is advisable to buy stock in American Software Inc. This rating has remained unchanged since June, indicating a consistent positive sentiment towards the company’s prospects.
In terms of financial performance, American Software Inc reported earnings per share of $0.10 for the current quarter. Additionally, the company’s sales reached $29.9 million. These figures demonstrate the company’s ability to generate revenue and maintain profitability.
Investors can expect to receive further insights into American Software Inc’s financial performance when the company reports its next earnings on November 30. This upcoming report will provide a more detailed understanding of the company’s financial health and may impact the stock’s future performance.
Overall, based on the information provided by the analysts and the consensus among investment analysts, AMSWA stock appears to be a favorable investment option. With a positive outlook and the potential for significant growth, investors may consider adding American Software Inc to their portfolio. However, it is important to conduct further research and analysis to make informed investment decisions.