The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
The closing price of Amplify Energy Corp. (NYSE: AMPY) was $6.72 for the day, down -4.82% from the previous closing price of $7.06. In other words, the price has decreased by -$4.82 from its previous closing price. On the day, 0.6 million shares were traded. AMPY stock price reached its highest trading level at $7.13 during the session, while it also had its lowest trading level at $6.63.
Ratios:
Our analysis of AMPY’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.42. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 266192624 and an Enterprise Value of 366321120. As of this moment, Amplify’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.70, and their Forward P/E ratio for the next fiscal year is 6.28. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.87 while its Price-to-Book (P/B) ratio in mrq is 0.67. Its current Enterprise Value per Revenue stands at 1.265 whereas that against EBITDA is 3.206.
Stock Price History:
The Beta on a monthly basis for AMPY is 2.05, which has changed by -0.04000002 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. Over the past 52 weeks, AMPY has reached a high of $8.21, while it has fallen to a 52-week low of $3.56. The 50-Day Moving Average of the stock is 2.44%, while the 200-Day Moving Average is calculated to be 2.75%.
Shares Statistics:
AMPY traded an average of 621.36K shares per day over the past three months and 489940 shares per day over the past ten days. A total of 39.15M shares are outstanding, with a floating share count of 36.58M. Insiders hold about 7.66% of the company’s shares, while institutions hold 42.42% stake in the company. Shares short for AMPY as of 1713139200 were 1413523 with a Short Ratio of 2.27, compared to 1710460800 on 1159047. Therefore, it implies a Short% of Shares Outstanding of 1413523 and a Short% of Float of 3.64.
Dividends & Splits
The current Payout Ratio is 0.00% for AMPY, which recently paid a dividend on 2020-03-13 with an ex-dividend date of 1584057600. Stock splits for the company last occurred on 2015-08-04 when the company split stock in a 1:10 ratio.
Earnings Estimates
Current recommendations for the stock of the company come from 2.0 analysts. On average, analysts expect EPS of $0.21 for the current quarter, with a high estimate of $0.23 and a low estimate of $0.2, while EPS last year was $8.69. The consensus estimate for the next quarter is $0.24, with high estimates of $0.25 and low estimates of $0.24.
Analysts are recommending an EPS of between $1.15 and $0.96 for the fiscal current year, implying an average EPS of $1.05. EPS for the following year is $1.07, with 1.0 analysts recommending between $1.07 and $1.07.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 2 analysts. It ranges from a high estimate of $76.36M to a low estimate of $72.96M. As of the current estimate, Amplify Energy Corp.’s year-ago sales were $63.79MFor the next quarter, 2 analysts are estimating revenue of $72.64M. There is a high estimate of $73.18M for the next quarter, whereas the lowest estimate is $72.11M.
A total of 2 analysts have provided revenue estimates for AMPY’s current fiscal year. The highest revenue estimate was $302.55M, while the lowest revenue estimate was $293.91M, resulting in an average revenue estimate of $298.23M. In the same quarter a year ago, actual revenue was $307.6MBased on 1 analysts’ estimates, the company’s revenue will be $319.28M in the next fiscal year. The high estimate is $319.28M and the low estimate is $319.28M.
