A-Mark Precious Metals Inc. (NASDAQ: AMRK) closed the day trading at $31.68 down -6.33% from the previous closing price of $33.82. In other words, the price has decreased by -$2.14 from its previous closing price. On the day, 568991 shares were traded. AMRK stock price reached its highest trading level at $33.77 during the session, while it also had its lowest trading level at $31.58.
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Ratios:
For a better understanding of AMRK, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.30 and its Current Ratio is at 1.40. In the meantime, Its Debt-to-Equity ratio is 1.15 whereas as Long-Term Debt/Eq ratio is at 0.00.
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.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 14 when Wittmeyer Michael R. sold 4,923 shares for $34.25 per share. The transaction valued at 168,613 led to the insider holds 475,666 shares of the business.
Aquilino Brian sold 60,000 shares of AMRK for $2,073,936 on Sep 13. The Chief Operating Officer now owns 0 shares after completing the transaction at $34.57 per share. On Sep 13, another insider, Lepine Beverley, who serves as the Director of the company, sold 1,000 shares for $34.46 each. As a result, the insider received 34,463 and left with 8,803 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AMRK now has a Market Capitalization of 739.54M and an Enterprise Value of 1.37B. As of this moment, A-Mark’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.99, and their Forward P/E ratio for the next fiscal year is 6.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.09 while its Price-to-Book (P/B) ratio in mrq is 1.23. Its current Enterprise Value per Revenue stands at 0.15 whereas that against EBITDA is 5.54.
Stock Price History:
Over the past 52 weeks, AMRK has reached a high of $40.95, while it has fallen to a 52-week low of $23.06. The 50-Day Moving Average of the stock is 37.21, while the 200-Day Moving Average is calculated to be 35.34.
Shares Statistics:
Over the past 3-months, AMRK traded about 191.21K shares per day on average, while over the past 10 days, AMRK traded about 330.63k shares per day. A total of 23.29M shares are outstanding, with a floating share count of 17.70M. Insiders hold about 6.80% of the company’s shares, while institutions hold 50.90% stake in the company. Shares short for AMRK as of Aug 30, 2023 were 964.84k with a Short Ratio of 0.96M, compared to 249.57k on Jul 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 4.13% and a Short% of Float of 5.95%.
Dividends & Splits
AMRK’s forward annual dividend rate is 0.80, up from 0.80 a year ago. Against a Trailing Annual Dividend Yield of 2.37%, it implies a Forward Annual Dividend Yield of 2.53%.
Earnings Estimates
Current recommendations for the stock of the company come from 3 analysts. On average, analysts expect EPS of $1.29 for the current quarter, with a high estimate of $1.6 and a low estimate of $1, while EPS last year was $1.83. The consensus estimate for the next quarter is $1.37, with high estimates of $1.61 and low estimates of $1.25.
Analysts are recommending an EPS of between $6.49 and $4.75 for the fiscal current year, implying an average EPS of $5.5. EPS for the following year is $5.07, with 1 analysts recommending between $5.07 and $5.07.
Revenue Estimates
3 analysts predict $2.26B in revenue for the current quarter. It ranges from a high estimate of $2.37B to a low estimate of $2.1B. As of the current estimate, A-Mark Precious Metals Inc.’s year-ago sales were $2.01B, an estimated increase of 12.10% from the year-ago figure.
A total of 3 analysts have provided revenue estimates for AMRK’s current fiscal year. The highest revenue estimate was $10.68B, while the lowest revenue estimate was $8.75B, resulting in an average revenue estimate of $9.65B. In the same quarter a year ago, actual revenue was $9.32B, up 3.60% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $10.94B in the next fiscal year. The high estimate is $10.94B and the low estimate is $10.94B. The average revenue growth estimate for next year is up 13.30% from the average revenue estimate for this year.