Analyst Ratings for AmTrust Financial Services Inc. (AFSI)Updated: 2017-07-26
An average rating of Buy has been given to AmTrust Financial Services Inc. (NASDAQ:AFSI) by analysts covering the stock. Last month, AFSI received an average rating of Buy.
A buy rating was issued by 5 analysts, 0 gave an overweight rating, 1 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Many analysts weighed in on price targets for AFSI. The maximum price target given was 22, implying a possible profit of 36.43 percent. The most pessimistic price target was 16, which equates to a potential downside of -0.78 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Analysts have revised their earnings estimates downwards for this quarter, by about -30.06 percent on average, compared to last month. That number becomes -39.89 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -13.28 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -34.78 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 3 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 4 analysts that revised their FY estimates downwards.
The growth rate of AFSI's earnings is estimated by analysts to be -12.55 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of AFSI is -0.68.
In the last 52-weeks, AFSI has achieved a high of 28.48 and a low of 11.80. The current market price is above the trailing year's low by 36.65 percent, and 43.38 percent below the high. AFSI has a P/E ratio of 8.5. Investors typically compare the P/E ratio to a company's peers in the industry. The AFSI value stock report compares AFSI to some of its peers using value stock charts. The market cap of AFSI is $2.77 billion. AFSI is estimated to release their earnings results for the quarter on 0000-00-00, days from today.