Alert: Positive Investment/Fundamental Signals (9/11/24)-American Software Inc (NASDAQ: AMSWA)

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Notable positive changes in fundamentals have recently occurred for American Software Inc (NASDAQ: AMSWA): the consensus estimate for April, 2025 increased significantly, the consensus estimate for April, 2024 increased significantly, and significant quarterly earnings acceleration occurred.

American Software Inc (NASDAQ: AMSWA) has recently enjoyed significant positive changes in investment behavior: the stock’s recent price rise disrupted its longer term downtrend.

In light of these very positive signals we are reviewing our current Overall Rating of F. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

AMSWA is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

American Software has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. American Software has a slightly negative Power Rating of 33 and a poor Appreciation Score of 16, and the Lowest Value Trend Rating results.

Recent Price Action

American Software Inc (NASDAQ: AMSWA) stock declined modestly by -1.5% on 9/11/24. The stock closed at $10.78. However, this decline was accompanied by below average trading volume at 80% of normal. Relative to the market the stock has been weak over the last nine months and has declined -3.8% during the last week.

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