The stock of Angel Oak Mortgage REIT Inc (AOMR) has seen a -4.33% decrease in the past week, with a -4.68% drop in the past month, and a -4.06% decrease in the past quarter. The volatility ratio for the week is 5.39%, and the volatility levels for the past 30 days are at 3.31% for AOMR. The simple moving average for the past 20 days is -5.27% for AOMR’s stock, with a 7.38% simple moving average for the past 200 days.
Is It Worth Investing in Angel Oak Mortgage REIT Inc (NYSE: AOMR) Right Now?
Angel Oak Mortgage REIT Inc (NYSE: AOMR) has a higher price-to-earnings ratio of 7.72x compared to its average ratio, The 36-month beta value for AOMR is at 1.29. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for AOMR is 18.76M, and currently, shorts hold a 4.65% of that float. The average trading volume for AOMR on April 24, 2024 was 44.38K shares.
AOMR) stock’s latest price update
The stock of Angel Oak Mortgage REIT Inc (NYSE: AOMR) has decreased by -10.59 when compared to last closing price of 11.62.Despite this, the company has seen a loss of -4.33% in its stock price over the last five trading days. Zacks Investment Research reported 2024-03-22 that ASLE, AOMR and BASFY have been added to the Zacks Rank #5 (Strong Sell) List on March 22, 2024.
Analysts’ Opinion of AOMR
Many brokerage firms have already submitted their reports for AOMR stocks, with UBS repeating the rating for AOMR by listing it as a “Neutral.” The predicted price for AOMR in the upcoming period, according to UBS is $10 based on the research report published on December 06, 2023 of the previous year 2023.
BofA Securities, on the other hand, stated in their research note that they expect to see AOMR reach a price target of $6.50, previously predicting the price at $15.50. The rating they have provided for AOMR stocks is “Underperform” according to the report published on December 05th, 2022.
B. Riley Securities gave a rating of “Neutral” to AOMR, setting the target price at $15 in the report published on November 21st of the previous year.
AOMR Trading at -2.79% from the 50-Day Moving Average
After a stumble in the market that brought AOMR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.80% of loss for the given period.
Volatility was left at 3.31%, however, over the last 30 days, the volatility rate increased by 5.39%, as shares sank -4.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.33% lower at present.
During the last 5 trading sessions, AOMR fell by -4.33%, which changed the moving average for the period of 200-days by +29.71% in comparison to the 20-day moving average, which settled at $10.94. In addition, Angel Oak Mortgage REIT Inc saw -1.98% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AOMR starting from Filson Brandon, who sale 24,371 shares at the price of $9.85 back on Nov 21 ’23. After this action, Filson Brandon now owns 93,658 shares of Angel Oak Mortgage REIT Inc, valued at $240,169 using the latest closing price.
Stock Fundamentals for AOMR
Current profitability levels for the company are sitting at:
- 1.63 for the present operating margin
- 0.85 for the gross margin
The net margin for Angel Oak Mortgage REIT Inc stands at 1.51. The total capital return value is set at 0.03. Equity return is now at value 13.69, with 1.28 for asset returns.
Based on Angel Oak Mortgage REIT Inc (AOMR), the company’s capital structure generated 0.87 points at debt to capital in total, while cash flow to debt ratio is standing at 0.03. The debt to equity ratio resting at 6.46. The interest coverage ratio of the stock is 0.86.
Currently, EBITDA for the company is 102.01 million with net debt to EBITDA at 42.66. When we switch over and look at the enterprise to sales, we see a ratio of 52.55. The receivables turnover for the company is 4.74for trailing twelve months and the total asset turnover is 0.02.
Conclusion
In conclusion, Angel Oak Mortgage REIT Inc (AOMR) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
