Amerisafe Inc (NASDAQ: AMSF) has a price-to-earnings ratio that is above its average at 14.27x. The stock has a 36-month beta value of 0.32. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for AMSF is 18.83M, and at present, short sellers hold a 1.79% of that float. On April 26, 2024, the average trading volume of AMSF was 142.78K shares.
AMSF) stock’s latest price update
Amerisafe Inc (NASDAQ: AMSF) has experienced a decline in its stock price by -10.02 compared to its previous closing price of 50.92. However, the company has seen a fall of -8.38% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-24 that The headline numbers for Amerisafe (AMSF) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
AMSF’s Market Performance
AMSF’s stock has fallen by -8.38% in the past week, with a monthly drop of -7.23% and a quarterly drop of -5.33%. The volatility ratio for the week is 3.55% while the volatility levels for the last 30 days are 2.10% for Amerisafe Inc The simple moving average for the past 20 days is -6.43% for AMSF’s stock, with a -5.93% simple moving average for the past 200 days.
Analysts’ Opinion of AMSF
Many brokerage firms have already submitted their reports for AMSF stocks, with Janney repeating the rating for AMSF by listing it as a “Neutral.” The predicted price for AMSF in the upcoming period, according to Janney is $58 based on the research report published on February 24, 2023 of the previous year 2023.
Truist, on the other hand, stated in their research note that they expect to see AMSF reach a price target of $50. The rating they have provided for AMSF stocks is “Hold” according to the report published on March 04th, 2022.
Keefe Bruyette gave a rating of “Mkt Perform” to AMSF, setting the target price at $54 in the report published on April 06th of the previous year.
AMSF Trading at -8.86% from the 50-Day Moving Average
After a stumble in the market that brought AMSF to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -16.39% of loss for the given period.
Volatility was left at 2.10%, however, over the last 30 days, the volatility rate increased by 3.55%, as shares sank -7.79% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.96% lower at present.
During the last 5 trading sessions, AMSF fell by -8.38%, which changed the moving average for the period of 200-days by -12.02% in comparison to the 20-day moving average, which settled at $48.78. In addition, Amerisafe Inc saw -2.05% 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 AMSF starting from Omiridis Anastasios, who sale 3,325 shares at the price of $51.22 back on Sep 08 ’23. After this action, Omiridis Anastasios now owns 1,520 shares of Amerisafe Inc, valued at $170,306 using the latest closing price.
McCray Andrew B., the EVP-CUO of Amerisafe Inc, sale 978 shares at $54.42 during a trade that took place back on May 22 ’23, which means that McCray Andrew B. is holding 8,382 shares at $53,223 based on the most recent closing price.
Stock Fundamentals for AMSF
Current profitability levels for the company are sitting at:
- 0.25 for the present operating margin
- 0.86 for the gross margin
The net margin for Amerisafe Inc stands at 0.2. The total capital return value is set at 0.11. Equity return is now at value 20.37, with 5.40 for asset returns.
Currently, EBITDA for the company is 78.8 million with net debt to EBITDA at -0.49. When we switch over and look at the enterprise to sales, we see a ratio of 2.73. The receivables turnover for the company is 1.12for trailing twelve months and the total asset turnover is 0.25. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.33.
Conclusion
To sum up, Amerisafe Inc (AMSF) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as 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.
