On November 18, 2023, American Software, Inc. made a significant announcement regarding its Transportation Rating Solutions (TRS). The company has decided to divest TRS in order to prioritize its core supply chain planning business. This strategic move is in line with American Software’s commitment to AI-first supply chain technology solutions, demonstrating their dedication to staying ahead in the industry.
By divesting TRS, American Software aims to strengthen its core supply chain planning business, with a particular focus on its operating entity, Logility. Logility has proven to be instrumental in helping companies effectively manage their complex global operations, ultimately increasing profitability.
This decision showcases American Software’s unwavering dedication to providing demand-driven supply chain management and enterprise software solutions. With over 45 years of industry experience, the company is well-equipped to deliver value to businesses, regardless of market conditions.
American Software, Inc.
Updated on: 26/02/2024
Debt to equity ratio: Sell
Price to earnings ratio: Strong Buy
Price to book ratio: Buy
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AMSWA Stock Performance Analysis: Decline in Earnings Growth but Positive Outlook for the Future
On November 18, 2023, the stock performance of AMSWA showed some interesting movements. The previous close was at $10.98, but the stock opened at $9.66. Throughout the day, the stock fluctuated between a low of $9.38 and a high of $10.12. The trading volume for the day was 25,582, which is significantly lower than the average volume of 230,732 over the past three months.
AMSWA has a market capitalization of $391.0 million. The company has seen negative earnings growth over the past year, with a decline of 19.42%. However, there is a slight improvement in earnings growth this year, with a decrease of 6.45%. Looking ahead, AMSWA is projected to have a positive earnings growth of 20.00% over the next five years.
The revenue growth for AMSWA in the last year was -3.05%, indicating a slight decline. The company’s P/E ratio stands at 30.3, suggesting that investors are willing to pay a higher price for the stock relative to its earnings. The price/sales ratio is 3.28, while the price/book ratio is 2.80.
In comparison to AMSWA, two other stocks also had notable performances on November 18, 2023. DOMO saw an increase of 0.27, or 2.97%. MTLS had a smaller increase of 0.02, or 0.33%.
Materialise NV is scheduled to report its next earnings on February 22, 2024. Analysts are forecasting an EPS of $0.11 for this quarter. The company had an annual revenue of $123.7 million last year, with a profit of $10.4 million. The net profit margin for Materialise NV is 8.43%.
Both AMSWA and Materialise NV operate in the technology services sector, with AMSWA specifically in the packaged software industry. Unfortunately, no executives were listed for Materialise NV, but the corporate headquarters for AMSWA is located in Atlanta, Georgia.
In summary, AMSWA experienced a decline in stock price on November 18, 2023, opening lower than the previous close. The company has seen negative earnings growth over the past year but is expected to have positive growth in the next five years. Materialise NV and Domo Inc. also had some positive movements in their stock prices on the same day.
American Software Inc: Strong Stock Performance and Positive Outlook for Investors
On November 18, 2023, American Software Inc (AMSWA) saw a significant increase in its stock performance. According to data from CNN Money, the three analysts offering 12-month price forecasts for AMSWA have a median target of $16.00, with a high estimate of $16.00 and a low estimate of $14.00.
The consensus among four polled investment analysts is to buy stock in American Software Inc. This rating has remained steady since June.
Looking at the company’s current financials, American Software Inc reported earnings per share of $0.11 for the current quarter. This suggests that the company is performing well and generating profits for its shareholders. Additionally, the company’s sales for the same period were $30.8 million, indicating a healthy revenue stream.
Investors can expect more information about American Software Inc’s financial performance on February 22, when the company is scheduled to report its next earnings. This will provide further insight into the company’s growth and profitability.
Overall, with positive price forecasts and a consensus “buy” rating from analysts, American Software Inc appears to be a promising investment opportunity. The company’s current financial performance, with strong earnings per share and sales figures, further supports this positive outlook. Investors should keep an eye on the upcoming earnings report to gain a better understanding of the company’s future potential.