With 0.12 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.21 million shares. During the session, the Asset Management company that operates in wider Financial sector, reached to the highest price of $25.095 whereas the lowest price it dropped to was $24.8037. The 52-week range on AAMI shows that it touched its highest point at $31.52 and its lowest point at $18.31 during that stretch. It currently has a 1-year price target of $29.00. With its current market cap of 934.44 million, AAMI has annualized dividend of $0.04 while the current yield stands at 0.16%. Beta for the stock currently stands at 1.48.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AAMI was down-trending over the past week, with a drop of -4.94%, but this was down by -19.04% over a month. Three-month performance surged to 5.61% while six-month performance rose 9.87%. The stock gained 32.84% in the past year, while it has lost -4.94% so far this year. A look at the trailing 12-month EPS for AAMI yields 1.64 with Next year EPS estimates of 2.94. For the next quarter, that number is 0.90. This implies an EPS growth rate of 32.87% for this year and 24.52% for next year.
Float and Shares Shorts:
At present, 37.32 million AAMI shares are outstanding with a float of 36.66 million shares on hand for trading. On 2024-12-13, short shares totaled 1.54 million, which was 413.00002000000006 higher than short shares on 1731628800. In addition to Melody Huang as the firm’s Senior VP & Director of Finance and Investor Relations, Ms. Tracy Aber serves as its Head of Human Resources.
Institutional Ownership:
Through their ownership of 1.01604 of AAMI’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, AAMI reported revenue of $123100000.0 and operating income of $27000000.0. The EBITDA in the recently reported quarter was $32100000.0 and diluted EPS was $0.45.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With AAMI analysts setting a high price target of 33.0 and a low target of 25.0, the average target price over the next 12 months is 29.0. Based on these targets, AAMI could surge 31.79% to reach the target high and fall by -0.16% to reach the target low. Reaching the average price target will result in a growth of 15.81% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.
