In the latest session, A-Mark Precious Metals Inc (NASDAQ: AMRK) closed at $39.79 up 5.43% from its previous closing price of $37.74. In other words, the price has increased by $+2.05 from its previous closing price. On the day, 1262615 shares were traded.
Ratios:
For a deeper understanding of A-Mark Precious Metals Inc’s stock, let’s take a closer look at its various ratios. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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:
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 862.53M and an Enterprise Value of 1.66B. As of this moment, A-Mark’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.83, and their Forward P/E ratio for the next fiscal year is 7.38. 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 1.56. Its current Enterprise Value per Revenue stands at 0.17 whereas that against EBITDA is 8.54.
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 $23.14. The 50-Day Moving Average of the stock is 28.07, while the 200-Day Moving Average is calculated to be 31.01.
Shares Statistics:
For the past three months, AMRK has traded an average of 297.00K shares per day and 567.76k over the past ten days. 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 69.03% stake in the company. Shares short for AMRK as of Mar 15, 2024 were 3.02M with a Short Ratio of 10.16, compared to 3.21M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 13.21% and a Short% of Float of 19.12%.
Dividends & Splits
According to the company, the forward annual dividend rate for AMRK is 0.80, from 1.20 in the trailing year. Against a Trailing Annual Dividend Yield of 3.18%, it implies a Forward Annual Dividend Yield of 2.67%.
Earnings Estimates
There are 4 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.68 for the current quarter, with a high estimate of $0.7 and a low estimate of $0.65, while EPS last year was $1.46. The consensus estimate for the next quarter is $1.02, with high estimates of $1.06 and low estimates of $0.9.
Analysts are recommending an EPS of between $3.1 and $2.94 for the fiscal current year, implying an average EPS of $3.03. EPS for the following year is $5.14, 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 $8.43B, resulting in an average revenue estimate of $8.96B. In the same quarter a year ago, actual revenue was $9.32B, down -3.90% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $10.14B in the next fiscal year. The high estimate is $12.02B and the low estimate is $9.14B. The average revenue growth estimate for next year is up 13.20% from the average revenue estimate for this year.
