In the latest session, American Resources Corporation (NASDAQ: AREC) closed at $1.41 down -2.76% from its previous closing price of $1.45. In other words, the price has decreased by -$0.0400 from its previous closing price. On the day, 471916 shares were traded.
Ratios:
For a deeper understanding of American Resources Corporation’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.58 and its Current Ratio is at 0.72. In the meantime, Its Debt-to-Equity ratio is 3.89 whereas as Long-Term Debt/Eq ratio is at 3.47.
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 Jun 15 ’23 when Taylor Kirk Patrick bought 1,250 shares for $1.74 per share. The transaction valued at 2,175 led to the insider holds 1,624,883 shares of the business.
Taylor Kirk Patrick bought 1,250 shares of AREC for $1,961 on May 23 ’23. The Chief Financial Officer now owns 1,623,633 shares after completing the transaction at $1.57 per share. On May 10 ’23, another insider, Jensen Mark C., who serves as the Chief Executive Officer of the company, bought 5,000 shares for $1.55 each. As a result, the insider paid 7,746 and bolstered with 5,199,896 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, AREC now has a Market Capitalization of 110.36M and an Enterprise Value of 164.43M. As of this moment, American’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.35. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.17 while its Price-to-Book (P/B) ratio in mrq is 7.32. Its current Enterprise Value per Revenue stands at 7.70 whereas that against EBITDA is 14.33.
Stock Price History:
The Beta on a monthly basis for AREC is 0.40, which has changed by -6.00% over the last 52 weeks, in comparison to a change of 27.86% over the same period for the S&P500. Over the past 52 weeks, AREC has reached a high of $2.16, while it has fallen to a 52-week low of $1.04. The 50-Day Moving Average of the stock is 1.4630, while the 200-Day Moving Average is calculated to be 1.5610.
Shares Statistics:
For the past three months, AREC has traded an average of 212.06K shares per day and 282.24k over the past ten days. A total of 66.78M shares are outstanding, with a floating share count of 52.35M. Insiders hold about 33.12% of the company’s shares, while institutions hold 9.32% stake in the company. Shares short for AREC as of Mar 15, 2024 were 2.58M with a Short Ratio of 12.16, compared to 2.98M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.29% and a Short% of Float of 3.86%.
Earnings Estimates
There are 1 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.04 for the current quarter, with a high estimate of -$0.04 and a low estimate of -$0.04, while EPS last year was -$0.17. The consensus estimate for the next quarter is -$0.03, with high estimates of -$0.03 and low estimates of -$0.03.
Analysts are recommending an EPS of between -$0.03 and -$0.05 for the fiscal current year, implying an average EPS of -$0.04. EPS for the following year is -$0.06, with 1 analysts recommending between -$0.06 and -$0.06.
Revenue Estimates
A total of 1 analysts believe the company’s revenue will be $2.2M this quarter.It ranges from a high estimate of $2.2M to a low estimate of $2.2M. As of the current estimate, American Resources Corporation’s year-ago sales were $4.68M, an estimated decrease of -53.00% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $3.6M, a decrease of -59.40% less than the figure of -$53.00% in the same quarter last year. There is a high estimate of $3.6M for the next quarter, whereas the lowest estimate is $3.6M.
A total of 2 analysts have provided revenue estimates for AREC’s current fiscal year. The highest revenue estimate was $28.6M, while the lowest revenue estimate was $18.9M, resulting in an average revenue estimate of $23.75M. In the same quarter a year ago, actual revenue was $39.47M, down -39.80% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $114.19M in the next fiscal year. The high estimate is $196.87M and the low estimate is $31.5M. The average revenue growth estimate for next year is up 380.80% from the average revenue estimate for this year.
