Taking on analysts’ expectations and winning: Alpha Metallurgical Resources Inc (AMR)

With 0.72 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.34 million shares. The 52-week range on AMR shows that it touched its highest point at $334.72 and its lowest point at $100.00 during that stretch. It currently has a 1-year price target of $183.00. Beta for the stock currently stands at 0.75.

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 AMR was down-trending over the past week, with a drop of -10.47%, but this was down by -2.48% over a month. Three-month performance dropped to -36.68% while six-month performance fell -49.12%. The stock lost -62.76% in the past year, while it has lost -43.32% so far this year. A look at the trailing 12-month EPS for AMR yields 2.02 with Next year EPS estimates of 32.22. For the next quarter, that number is 1.04. This implies an EPS growth rate of -30.87% for this year and 215.06% for next year.

Float and Shares Shorts:

At present, 13.05 million AMR shares are outstanding with a float of 10.92 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AMR since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $14.70285 being high and $13.80715 being low. For AMR, this leads to a yearly average estimate of $14.255.