Is Buying Amtrust Financial Services Incorporated (NASDAQ:AFSI) Here Good Idea?

15 November, 2017, 12:32 | Author: Regina Silva
  • Amtrust Financial Services

The P/E ratio is now N/A and market capitalization is 1.90B. The Company's solutions support a range of defense and intelligence programs.

HollyFrontier Corporation (NYSE:HFC) now has a PEG ratio of - where as its P/E ratio is 22.03. The Company's technologies include embedded processing modules and subsystems, radio frequency and microwave multi-function assemblies, as well as subsystems, and RF and microwave components. AFSI exchanged 2.71 million shares in recent session versus to the average volume of 1.24 million shares while its relative volume is 2.30. (AmTrust), launched on November 7, 1990, is an insurance holding company. Paragon Capital Management Ltd acquired a new position in shares of AmTrust Financial Services in the 3rd quarter valued at about $165,000. The company presently has an average rating of "Hold" and a consensus price target of $16.40. (NASDAQ:AFSI) traded down -7.86% in the last session while performance was up 9.49% in the last five days. About 494,214 shares traded.

Amtrust Financial Services, Inc. It has underperformed by 70.19% the S&P500. About 100 shares traded. Mercury Systems Inc (MRCY) has risen 91.74% since November 14, 2016 and is uptrending. It has outperformed by 20.71% the S&P500. During the same period in the prior year, the firm posted $0.47 EPS. ODP's profit will be $41.41M for 9.78 P/E if the $0.08 EPS becomes a reality. As of the latest earnings report the EPS was $-0.32 with 196.03M shares now outstanding.

Since January 1, 0001, it had 0 insider purchases, and 2 selling transactions for $737,138 activity. Rech & Mgmt holds 0.01% or 2,200 shares. Institutional investors own 36.36% of the company's stock. Whereas 1 of them predict the stock is a hold. Its down 8.14% from 15.96M shares previously.

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Maple Capital Management Inc increased Qualcomm Inc. More than 897 shares have changed hands. Amalgamated Bank now owns 10,638 shares with a value of $143,000. Zacks Investment Research lowered AmTrust Financial Services from a "hold" rating to a "sell" rating in a research report on Wednesday, October 18th. For the full year, analysts expect earnings to decline -95.08% yoy to $0.13. (NASDAQ:AFSI), stock is trading $28.48 above the 52-week high and has displayed a high EPS growth of 12.70% in last 5 years. The stock of AmTrust Financial Services Inc (NASDAQ:AFSI) has "Hold" rating given on Thursday, July 6 by Keefe Bruyette & Woods. SunTrust Banks, Inc. reissued a "buy" rating and issued a $16.00 target price on shares of AmTrust Financial Services in a research report on Friday. Therefore 63% are positive. It turned negative, as 68 investors sold AmTrust Financial Services Inc shares while 49 reduced holdings.

5 year sales growth rate is an important factor for valuation analysis, the 5 year sales growth of the company stands at 35.42 while the industry's and the sector's growth for next 5 years ticked at 7.36 and 14.01 respectively. Compass Point downgraded the shares of AFSI in report on Wednesday, August 5 to "Neutral" rating. Keefe Bruyette & Woods has "Hold" rating and $17.5000 target. FBR Capital downgraded the stock to "Hold" rating in Tuesday, October 24 report. As per Friday, February 5, the company rating was maintained by Compass Point. William Blair also issued estimates for AmTrust Financial Services' Q4 2017 earnings at $0.25 EPS, Q1 2018 earnings at $0.30 EPS, Q2 2018 earnings at $0.29 EPS, Q3 2018 earnings at $0.31 EPS, Q4 2018 earnings at $0.40 EPS and FY2018 earnings at $1.30 EPS.

Several hedge funds have recently modified their holdings of AFSI. 30 funds opened positions while 58 raised stakes. Ameriprise Financial reported 0% stake. Legal And General Gp Public Limited Liability Corporation holds 0% in AmTrust Financial Services Inc (NASDAQ:AFSI) or 31,958 shares.

In the transaction dated April 04, 2017, the great number of shares disposed came courtesy the EVP - U.S. Commercial Lines; Saxon Michael J disposed a total of 9,000 shares at an average price of $22.08, amounting to approximately $198,720. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.46. Geode Mgmt Ltd Liability Com holds 1.71 million shares or 0.02% of its portfolio. Pinnacle Assoc Ltd invested 0.01% of its portfolio in AmTrust Financial Services Inc (NASDAQ:AFSI). Research analysts at B. Riley issued their Q4 2017 earnings estimates for shares of AmTrust Financial Services in a note issued to investors on Thursday. Aperio Limited Liability Co owns 83,062 shares. 3 were sells. Insider ownership decreased by a total of 108637 shares, which suggests that AFSI's key executives are feeling less optimistic about the outlook for the stock. Envestnet Asset Mngmt Inc, Illinois-based fund reported 3,357 shares. AmTrust Financial Services's revenue for the quarter was up 4.3% on a year-over-year basis. Teachers Advisors LLC increased its position in shares of AmTrust Financial Services by 2.6% during the first quarter. Boston Partners grew its position in AmTrust Financial Services by 291.8% in the 2nd quarter. The SEC filing shows that Ungar Stephen performed a sale of 5,000 shares.

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