Amerisafe Inc (NASDAQ: AMSF) is -14.94% lower on its value in year-to-date trading and has touched a low of $40.11 and a high of $57.17 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AMSF stock was last observed hovering at around $43.75 in the last trading session, with the day’s gains setting it 0.09%.
Currently trading at $43.84, the stock is -4.44% and -7.12% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.16 million and changing 0.21% at the moment leaves the stock -11.96% off its SMA200. AMSF registered 9.16% gain for a year compared to 6-month loss of -18.36%.
The stock witnessed a -9.08% gain in the last 1 month and extending the period to 3 months gives it a -14.21%, and is -2.94% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.03% over the week and 1.08% over the month.
Amerisafe Inc (AMSF) has around 362 employees, a market worth around $835.16M and $301.15M in sales. Current P/E ratio is 17.67 and Fwd P/E is 19.92. Profit margin for the company is 15.76%. Distance from 52-week low is 9.31% and -23.31% from its 52-week high. The company has generated returns on investments over the last 12 months (18.20%).
The EPS is expected to shrink by -10.11% this year
The shares outstanding are 19.05M, and float is at 18.71M with Short Float at 0.80%.
The top institutional shareholder in the company is BLACKROCK INC. with over 3.02 million shares valued at $132.68 million. The investor’s holdings represent 15.8411 of the AMSF Shares outstanding. As of 2024-06-30, the second largest holder is NEUBERGER BERMAN GROUP LLC with 1.81 million shares valued at $79.42 million to account for 9.4822 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 1.46 million shares representing 7.6754 and valued at over $64.29 million, while VICTORY CAPITAL MANAGEMENT INC holds 5.2182 of the shares totaling 1.0 million with a market value of $43.71 million.