The price of A-Mark Precious Metals Inc (NASDAQ: AMRK) closed at $37.50 in the last session, down -3.52% from day before closing price of $38.87. On the day, 926028 shares were traded.
Ratios:
We take a closer look at AMRK’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.32 and its Current Ratio is at 1.86. In the meantime, Its Debt-to-Equity ratio is 1.45 whereas as Long-Term Debt/Eq ratio is at 0.52.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, B. Riley Securities on December 16, 2022, initiated with a Buy rating and assigned the stock a target price of $50.
On April 19, 2022, Northland Capital started tracking the stock assigning a Outperform rating and target price of $105.
On March 19, 2021, DA Davidson started tracking the stock assigning a Buy rating and target price of $55.DA Davidson initiated its Buy rating on March 19, 2021, with a $55 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 01 ’24 when ROBERTS GREGORY N sold 3,904 shares for $26.15 per share. The transaction valued at 102,099 led to the insider holds 28,202 shares of the business.
ROBERTS GREGORY N sold 8,696 shares of AMRK for $220,047 on Feb 29 ’24. The Chief Executive Officer now owns 28,202 shares after completing the transaction at $25.30 per share. On Feb 28 ’24, another insider, ROBERTS GREGORY N, who serves as the Chief Executive Officer of the company, sold 16,000 shares for $25.43 each. As a result, the insider received 406,896 and left with 28,202 shares of the company.
Valuation Measures:
As of this moment, A-Mark’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.32, and their Forward P/E ratio for the next fiscal year is 6.96. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.08 while its Price-to-Book (P/B) ratio in mrq is 1.47.
Stock Price History:
Over the past 52 weeks, AMRK has reached a high of $42.48, while it has fallen to a 52-week low of $23.14.
Shares Statistics:
A total of 23.34M shares are outstanding, with a floating share count of 17.55M. Insiders hold about 23.22% of the company’s shares, while institutions hold 69.05% stake in the company.
Earnings Estimates
The company has 4 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.69 for the current quarter, with a high estimate of $0.7 and a low estimate of $0.66, while EPS last year was $1.46. The consensus estimate for the next quarter is $1.06, with high estimates of $1.22 and low estimates of $0.9.
Analysts are recommending an EPS of between $3.18 and $2.94 for the fiscal current year, implying an average EPS of $3.07. EPS for the following year is $5.39, with 3 analysts recommending between $5.96 and $4.5.
Revenue Estimates
A total of 4 analysts have provided revenue estimates for AMRK’s current fiscal year. The highest revenue estimate was $9.54B, while the lowest revenue estimate was $8.82B, resulting in an average revenue estimate of $9.05B. In the same quarter a year ago, actual revenue was $9.32B, down -2.90% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $10.62B in the next fiscal year. The high estimate is $12.02B and the low estimate is $9.25B. The average revenue growth estimate for next year is up 17.30% from the average revenue estimate for this year.
