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The price of A-Mark Precious Metals Inc (NASDAQ: AMRK) closed at $38.15 in the last session, down -5.43% from day before closing price of $40.34. In other words, the price has decreased by -$5.43 from its previous closing price. On the day, 1.5 million shares were traded. AMRK stock price reached its highest trading level at $38.55 during the session, while it also had its lowest trading level at $35.0.
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 0.34 and its Current Ratio is at 1.76. In the meantime, Its Debt-to-Equity ratio is 1.42 whereas as Long-Term Debt/Eq ratio is at 0.50.
On December 16, 2022, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $50.
On April 19, 2022, Northland Capital started tracking the stock assigning a Outperform rating and target price of $105.Northland Capital initiated its Outperform rating on April 19, 2022, with a $105 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:
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 871899200 and an Enterprise Value of 1722103936. As of this moment, A-Mark’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.70, and their Forward P/E ratio for the next fiscal year is 7.67. 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 1.50. Its current Enterprise Value per Revenue stands at 0.167 whereas that against EBITDA is 14.442.
Stock Price History:
The Beta on a monthly basis for AMRK is -0.02, which has changed by 0.06157899 over the last 52 weeks, in comparison to a change of 0.2537824 over the same period for the S&P500. 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. The 50-Day Moving Average of the stock is 14.73%, while the 200-Day Moving Average is calculated to be 23.22%.
Shares Statistics:
According to the various share statistics, AMRK traded on average about 413.95K shares per day over the past 3-months and 471880 shares per day over the past 10 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 69.12% stake in the company. Shares short for AMRK as of 1713139200 were 4143498 with a Short Ratio of 10.01, compared to 1710460800 on 3018635. Therefore, it implies a Short% of Shares Outstanding of 4143498 and a Short% of Float of 26.25.
Dividends & Splits
The forward annual dividend rate for AMRK is 0.80, which was 0.6 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.014873575The current Payout Ratio is 9.46% for AMRK, which recently paid a dividend on 2024-04-15 with an ex-dividend date of 1713139200. Stock splits for the company last occurred on 2022-06-07 when the company split stock in a 2:1 ratio.
Earnings Estimates
The market rating of A-Mark Precious Metals Inc (AMRK) is currently shaped by the ongoing analysis conducted by 4.0 analysts closely monitoring its performance.On average, analysts expect EPS of $1.06 for the current quarter, with a high estimate of $1.22 and a low estimate of $0.9, while EPS last year was $1.71. The consensus estimate for the next quarter is $1.44, with high estimates of $1.52 and low estimates of $1.37.
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 3.0 analysts recommending between $5.96 and $4.5.
Revenue Estimates
According to 4 analysts, the current quarter’s revenue is expected to be $2.46B. It ranges from a high estimate of $2.74B to a low estimate of $2.16B. As of the current estimate, A-Mark Precious Metals Inc’s year-ago sales were $3.16BFor the next quarter, 4 analysts are estimating revenue of $2.67B. There is a high estimate of $2.67B for the next quarter, whereas the lowest estimate is $2.67B.
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 $9.32BBased 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.
