A-Mark Precious Metals (NASDAQ:AMRK) Given News Sentiment Score of 0.10
Media stories about A-Mark Precious Metals (NASDAQ:AMRK) have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. A-Mark Precious Metals earned a news sentiment score of 0.10 on Accern’s scale. Accern also gave media stories about the company an impact score of 47.0552583229862 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
A number of equities analysts have recently issued reports on AMRK shares. Zacks Investment Research raised A-Mark Precious Metals from a “sell” rating to a “hold” rating in a research report on Tuesday, November 14th. B. Riley reaffirmed a “hold” rating and set a $19.00 price target on shares of A-Mark Precious Metals in a research report on Monday, November 13th. Finally, reduced their price target on A-Mark Precious Metals from $19.00 to $17.50 and set a “neutral” rating on the stock in a research report on Wednesday, November 15th. Three analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. A-Mark Precious Metals has a consensus rating of “Buy” and a consensus price target of $19.77.
Shares of A-Mark Precious Metals (NASDAQ AMRK) traded down $0.16 during mid-day trading on Tuesday, hitting $14.00. The stock had a trading volume of 14,098 shares, compared to its average volume of 16,454. The firm has a market capitalization of $100.27, a P/E ratio of 18.05 and a beta of 0.03. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.39 and a current ratio of 1.11. A-Mark Precious Metals has a 1-year low of $13.70 and a 1-year high of $21.66.
A-Mark Precious Metals (NASDAQ:AMRK) last issued its quarterly earnings results on Tuesday, September 12th. The company reported $0.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.27 by ($0.10). A-Mark Precious Metals had a return on equity of 7.75% and a net margin of 0.08%. The business had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.81 billion. sell-side analysts forecast that A-Mark Precious Metals will post 0.43 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 13th. Investors of record on Friday, November 24th will be given a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 2.29%. The ex-dividend date of this dividend is Wednesday, November 22nd. A-Mark Precious Metals’s payout ratio is 40.51%.
In related news, CEO Gregory N. Roberts sold 3,300 shares of the company’s stock in a transaction on Thursday, September 21st. The stock was sold at an average price of $16.54, for a total value of $54,582.00. Following the transaction, the chief executive officer now directly owns 29,356 shares of the company’s stock, valued at approximately $485,548.24. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Over the last three months, insiders sold 9,200 shares of company stock worth $148,879. 38.80% of the stock is owned by insiders.
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A-Mark Precious Metals Company Profile
A-Mark Precious Metals, Inc is a precious metal trading company. The Company is a wholesaler of gold, silver, platinum and palladium bullion and related products, including bars, wafers, grain and coins. It distributes gold and silver coins and bars from sovereign and private mints; provides financing for the purchase of bullion and numismatics; offers storage for bullion, and offers complementary products, such as consignment, customized finance and liquidity programs, such as repurchase (Repo) accounts, and trade quotes in a variety of foreign currencies.
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