Factors Likely to Have Influenced Earnings Results A-Mark Precious Metals (NASDAQ:AMRK)

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Earnings results for A-Mark Precious Metals (NASDAQ:AMRK)

A-Mark Precious Metals, Inc. is expected* to report earnings on 09/10/2020 after market close. The report will be for the fiscal Quarter ending Jun 2020. According to Zacks Investment Research, based on 1 analysts’ forecasts, the consensus EPS forecast for the quarter is $1.35. The reported EPS for the same quarter last year was $-0.12.

Analyst Opinion on A-Mark Precious Metals (NASDAQ:AMRK)

1 Wall Street analysts have issued ratings and price targets for A-Mark Precious Metals in the last 12 months. Their average twelve-month price target is $30.00, predicting that the stock has a possible upside of 16.91%. The high price target for AMRK is $30.00 and the low price target for AMRK is $30.00. There are currently 1 buy rating for the stock, resulting in a consensus rating of “Buy.”

A-Mark Precious Metals has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $30.00, A-Mark Precious Metals has a forecasted upside of 16.9% from its current price of $25.66. A-Mark Precious Metals has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: A-Mark Precious Metals (NASDAQ:AMRK)

A-Mark Precious Metals does not currently pay a dividend. A-Mark Precious Metals does not have a long track record of dividend growth.

Insiders buying/selling: A-Mark Precious Metals (NASDAQ:AMRK)

In the past three months, A-Mark Precious Metals insiders have not sold or bought any company stock. 36.60% of the stock of A-Mark Precious Metals is held by insiders. A high percentage of insider ownership can be a sign of company health. Only 22.72% of the stock of A-Mark Precious Metals is held by institutions.

Earnings and Valuation of A-Mark Precious Metals (NASDAQ:AMRK

Earnings for A-Mark Precious Metals are expected to grow by 3.17% in the coming year, from $3.15 to $3.25 per share. The P/E ratio of A-Mark Precious Metals is 15.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.67. The P/E ratio of A-Mark Precious Metals is 15.27, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 54.68. A-Mark Precious Metals has a P/B Ratio of 2.49. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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