Michael Edenfield - American Software CEO

AMSWA Stock  USD 10.51  0.03  0.29%   

CEO

Mr. J. Michael Edenfield is the Director of the Company. Mr. Edenfield is the President, Chief Executive Officer, Director of American Software, Inc. He has taken a medical leave of absence from the Company. Mr. Edenfield is our President and Chief Executive Officer, positions he has held since May 2013. Mr. Edenfield has served as President and Chief Executive Officer of Logility, Inc., a whollyowned subsidiary of the Company, since January 1997. Mr. Edenfield has served as Executive Vice President of the Company from June 1994 to May 2013, and since August 2009 he also has served as Chief Operating Officer of the Company. From May 1987 to June 1994, Mr. Edenfield served in various positions with American Software USA, Inc., a whollyowned subsidiary of the Company. Mr. Edenfield holds a Bachelor of Industrial Management degree from the Georgia Institute of Technology since 2017.
Age 59
Tenure 7 years
Address 470 East Paces Ferry Road, NE, Atlanta, GA, United States, 30305
Phone404 261 4381
Webhttps://www.amsoftware.com
Edenfield has served as our President and Chief Executive Officer since May 2013, our Executive Vice President since 1994, and as President of our subsidiary Logility, Inc. since 1997, including twelve years as chief executive of Logility while it was a separately reporting public company.

American Software Management Efficiency

The company has return on total asset (ROA) of 0.0226 % which means that it generated a profit of $0.0226 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0808 %, meaning that it generated $0.0808 on every $100 dollars invested by stockholders. American Software's management efficiency ratios could be used to measure how well American Software manages its routine affairs as well as how well it operates its assets and liabilities. As of April 24, 2024, Return On Tangible Assets is expected to decline to 0.04. In addition to that, Return On Capital Employed is expected to decline to 0.07. The current year's Asset Turnover is expected to grow to 0.84, whereas Total Assets are forecasted to decline to about 131.5 M.
The company has accumulated 476 K in total debt with debt to equity ratio (D/E) of 0.01, which may suggest the company is not taking enough advantage from borrowing. American Software has a current ratio of 2.68, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist American Software until it has trouble settling it off, either with new capital or with free cash flow. So, American Software's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like American Software sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for American to invest in growth at high rates of return. When we think about American Software's use of debt, we should always consider it together with cash and equity.

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American Software, Inc. develops, markets, and supports a range of computer business application software products in the United States and internationally. American Software, Inc. was incorporated in 1970 and is headquartered in Atlanta, Georgia. Amer Software operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 406 people. American Software (AMSWA) is traded on NASDAQ Exchange in USA. It is located in 470 East Paces Ferry Road, NE, Atlanta, GA, United States, 30305 and employs 327 people. American Software is listed under Application Software category by Fama And French industry classification.

Management Performance

American Software Leadership Team

Elected by the shareholders, the American Software's board of directors comprises two types of representatives: American Software inside directors who are chosen from within the company, and outside directors, selected externally and held independent of American. The board's role is to monitor American Software's management team and ensure that shareholders' interests are well served. American Software's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, American Software's outside directors are responsible for providing unbiased perspectives on the board's policies.
Shawn Reynolds, Executive Marketing
Thomas Newberry, Director
Valerie King, General Counsel
Vincent Klinges, Chief Officer
Matthew McKenna, Director
Pat McManus, IR Contact Officer
Kevin McInturff, Executive Development
Bryan Sell, Controller Officer
Patricia McManus, IR Contact Officer
James Miller, Independent Director
James Edenfield, Co-Founder, Executive Chairman, Treasurer, Member of Stock Option Committee and Chairman of Logility Inc
William Hogue, Independent Director
Keith Charron, Chief Officer
Allan Dow, President CEO
Alex Price, Senior Sales
Michael Edenfield, CEO and President Director, Member of Stock Option Committee, CEO of Logility Inc and President of Logility Inc and Director of Logility Inc
James McGuone, VP, General Counsel and Secretary

American Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is American Software a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with American Software

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if American Software position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in American Software will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to American Software could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Software when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back American Software - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling American Software to buy it.
The correlation of American Software is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American Software moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Software moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for American Software can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether American Software offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of American Software's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of American Software Stock. Outlined below are crucial reports that will aid in making a well-informed decision on American Software Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Software. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
For information on how to trade American Stock refer to our How to Trade American Stock guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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When running American Software's price analysis, check to measure American Software's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy American Software is operating at the current time. Most of American Software's value examination focuses on studying past and present price action to predict the probability of American Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Software's price. Additionally, you may evaluate how the addition of American Software to your portfolios can decrease your overall portfolio volatility.
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Is American Software's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of American Software. If investors know American will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about American Software listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.293
Dividend Share
0.44
Earnings Share
0.31
Revenue Per Share
3.523
Quarterly Revenue Growth
(0.07)
The market value of American Software is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Software's value that differs from its market value or its book value, called intrinsic value, which is American Software's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American Software's market value can be influenced by many factors that don't directly affect American Software's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between American Software's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Software is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Software's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.