AMMO, Inc. Announces Sale of Ammunition Manufacturing Assets to Olin Winchester
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 21 2025
0mins
Source: Newsfilter
AMMO, Inc. Sells Ammunition Manufacturing Assets: AMMO, Inc. has agreed to sell its ammunition manufacturing assets to Olin Winchester for $75 million, allowing the company to focus on expanding its profitable e-commerce platform, GunBroker.com, which is the largest online marketplace for firearms and related products.
Independent Investigation and Financial Updates: The company is undergoing an independent investigation regarding financial disclosures from 2020 to 2023, with updates expected in early 2025, while also planning a corporate rebranding following the asset sale.
Get Free Real-Time Notifications for Any Stock
Monitor tickers like POWW with instant alerts to capture every critical market movement.
Sign up for free to build your custom watchlist and receive professional-grade stock notifications.
Analyst Views on POWW
Wall Street analysts forecast POWW stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for POWW is 2.38 USD with a low forecast of 2.25 USD and a high forecast of 2.50 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 1.640
Low
2.25
Averages
2.38
High
2.50
Current: 1.640
Low
2.25
Averages
2.38
High
2.50
About POWW
Outdoor Holding Company, formerly AMMO, Inc., is an e-commerce-focused company. The Company is the owner of GunBroker.com, the online marketplace for firearms, hunting, shooting and related products. Third-party sellers list items on the site and Federal and state laws govern the sale of firearms and other restricted items. The GunBroker.com Website is an informative and secure way to buy and sell firearms, shooting accessories, and other outdoor gear online. GunBroker promotes responsible ownership of guns and firearms. GunBroker enables payment processing, carting ability, GunBroker Analytics, and GunBroker Advertising. GunBroker Analytics, through the compilation and refinement of Marketplace data, offers e-commerce market analytics to its industry peers, allowing them to manage business strategy and planning. Its advertising offerings include content creation for manufacturers, email campaigns and banner ads.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
U.S. Considers Easing Gun Regulations, Impacting Major Gun Stocks
- Regulatory Changes Expected: The U.S. government may announce easing of gun regulations at the National Shooting Sports Foundation trade show, likely impacting major gun stocks like Smith & Wesson (SWBI) and Sturm, Ruger (RGR), potentially stimulating sales growth.
- Positive Market Reaction: As trading begins this week, retail sentiment has shifted to bullish for RGR and neutral for AOUT, indicating market optimism regarding potential policy changes and their implications for stock performance.
- Sales Growth Potential: Easing restrictions on private sales and exports is expected to boost firearm sales, likely leading to strong short-term performance for SWBI, RGR, and other related stocks, reflecting market sensitivity to regulatory changes.
- Political Context Impact: The Trump administration's intent to reverse Biden-era gun restrictions highlights the significance of gun policy in U.S. politics, potentially further driving growth in the firearms industry and increasing investor interest.
Continue Reading
Outdoor Holding (POWW) Authorizes $15 Million Share Repurchase Program
- Repurchase Program Initiation: Outdoor Holding's board has authorized a share repurchase program of up to $15 million, aimed at enhancing financial stability and supporting future business investments through a flexible capital allocation strategy.
- Increased Capital Flexibility: This program not only provides the company with the opportunity to deploy capital opportunistically over the next 12 months but also helps maintain a strong balance sheet, ensuring operational continuity.
- Positive Market Reaction: In pre-market trading on Nasdaq, Outdoor Holding's stock rose by 6.59% to $1.7800, indicating a favorable market response to the repurchase program.
- Pursuit of Strategic Opportunities: By implementing this repurchase plan, Outdoor Holding aims to seize potential strategic opportunities while maintaining operations, thereby driving long-term growth.
Continue Reading