In the latest session, Amplify Energy Corp. (NYSE: AMPY) closed at $5.15 down -17.73% from its previous closing price of $6.26. In other words, the price has decreased by -$1.11 from its previous closing price. On the day, 7469762 shares were traded.
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Ratios:
For a deeper understanding of Amplify Energy Corp.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.83. For the most recent quarter (mrq), Quick Ratio is recorded 1.02 and its Current Ratio is at 1.02. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.31.
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, Alliance Global Partners on January 22, 2024, initiated with a Buy rating and assigned the stock a target price of $9.
On October 28, 2022, ROTH Capital Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $12.
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 Dec 21 ’23 when Dulany Eric Edward sold 2,000 shares for $5.93 per share. The transaction valued at 11,861 led to the insider holds 11,723 shares of the business.
FREW JAMES bought 10,000 shares of AMPY for $60,499 on Nov 08 ’23. The SVP, CHIEF FINANCIAL OFFICER now owns 10,000 shares after completing the transaction at $6.05 per share. On Nov 07 ’23, another insider, FURBEE DANIEL, who serves as the SVP, CHIEF OPERATING OFFICER of the company, bought 10,000 shares for $6.10 each. As a result, the insider paid 60,963 and bolstered with 10,000 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, AMPY now has a Market Capitalization of 203.27M and an Enterprise Value of 318.59M. As of this moment, Amplify’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.53, and their Forward P/E ratio for the next fiscal year is 6.52. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.65 while its Price-to-Book (P/B) ratio in mrq is 0.52. Its current Enterprise Value per Revenue stands at 1.04 whereas that against EBITDA is 1.68.
Stock Price History:
Over the past 52 weeks, AMPY has reached a high of $10.07, while it has fallen to a 52-week low of $5.47. The 50-Day Moving Average of the stock is 6.03, while the 200-Day Moving Average is calculated to be 6.56.
Shares Statistics:
For the past three months, AMPY has traded an average of 456.87K shares per day and 1.11M over the past ten days. A total of 39.15M shares are outstanding, with a floating share count of 38.07M. Insiders hold about 2.62% of the company’s shares, while institutions hold 43.40% stake in the company. Shares short for AMPY as of Feb 15, 2024 were 1.17M with a Short Ratio of 2.57, compared to 1.18M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.00% and a Short% of Float of 3.04%.
Dividends & Splits
The current Payout Ratio is 0.00% for AMPY, which recently paid a dividend on Mar 30, 2020 with an ex-dividend date of Mar 13, 2020. Stock splits for the company last occurred on Aug 04, 2015 when the company split stock in a 1:10 ratio.
Earnings Estimates
There are 2 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.18 for the current quarter, with a high estimate of $0.22 and a low estimate of $0.15, while EPS last year was $8.69. The consensus estimate for the next quarter is $0.19, with high estimates of $0.22 and low estimates of $0.15.
Analysts are recommending an EPS of between $1.3 and $0.65 for the fiscal current year, implying an average EPS of $0.97. EPS for the following year is $0.79, with 1 analysts recommending between $0.79 and $0.79.
Revenue Estimates
A total of 2 analysts believe the company’s revenue will be $72M this quarter.It ranges from a high estimate of $75.49M to a low estimate of $68.5M. As of the current estimate, Amplify Energy Corp.’s year-ago sales were $63.79M, an estimated increase of 12.90% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $71.89M, a decrease of -0.10% less than the figure of $12.90% in the same quarter last year. There is a high estimate of $75.85M for the next quarter, whereas the lowest estimate is $67.93M.
A total of 2 analysts have provided revenue estimates for AMPY’s current fiscal year. The highest revenue estimate was $319.61M, while the lowest revenue estimate was $280.6M, resulting in an average revenue estimate of $300.11M. In the same quarter a year ago, actual revenue was $307.6M, down -2.40% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $304.3M in the next fiscal year. The high estimate is $304.3M and the low estimate is $304.3M. The average revenue growth estimate for next year is up 1.40% from the average revenue estimate for this year.
