AFSI stock: buy or sell?
November 28th, 2018
AmTrust Financial Services, Inc., through its subsidiaries, underwrites and provides property and casualty insurance in the United States and internationally.
Should I buy AFSI stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Having a trading strategy helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, 2 buy setups match with AmTrust Financial Services stock now:
|New all-time high||Yes|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is AmTrust Financial Services stock a buy?
Financial institutions and banks post stock ratings everyday.Unfortunately, we couldn't detect any rating for AFSI stock for the last 30 days.
AFSI stock analysis
AmTrust Financial Services crossed up the simple moving average line of 100 days today and closed at $14.75, skyrocketed a 5.43%.
AmTrust Financial Services shares peaked new all time highs back again on November, marking to $14.77. Shares closed at $14.75 and skyrocketed 5.43%.
AmTrust Financial Services shares set new all time highs again this week, setting highs to $14.77. Shares closed at $14.75 and skyrocketed 5.51% during the week.
Since late November 2018 when AFSI stock price broke up the SMA20w line, it gained $0.77 (5.51%).
AFSI stock price history
AFSI stock went public on January 4th, 2018 with a price of $10.381. Since then, AFSI stock grew a 42.10%, with a yearly average of 42.10%. If you had invested $1,000 in AFSI stock in 2018, it would worth $421.00 today.
1: Adjusted price after possible price splits or reverse-splits.
AFSI stock historical price chart
AFSI stock reached all-time highs on November with a price of $14.77.
AFSI stock price targetPredicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last month we have not detected any price forecast for AmTrust Financial Services stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareAmTrust Financial Services is reporting earnings for 2018-Q3 on December. We don't currently have any forecast for next quarter EPS ratio. Keep tuned in the coming weeks to learn about AFSI's EPS estimate. , AmTrust Financial Services failed to meet the estimates of the analysts and posted a frightening EPS of $-0.59 per share when experts were expecting $0.27.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2017, AmTrust Financial Services annual revenues soared a pretty good 6.39% to $5,816.59 million USD from $5,467.31 marked in 2016. When comparing 2017 vs 2016, by contrast, profit margin (that is, the net income divided by revenues) plummed a -13.52% to -6.00%. To have an updated picture of the financial situation of AmTrust Financial Services, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2018-Q2 that can be compared to 2017 fiscal year results. Annual AmTrust Financial Services TTM sales up to June 2018 were $6,340.55 and earnings were $168.21 M dollars. If we compare this TTM figures with the last reported annuality, we can esteem AmTrust Financial Services business evolution since December 2017: Annual turnover up to June, compared to lastest yearly report, jumped a brilliant 9.01%. In the same way, profit margin (net income/revenues) rose at -6.00%.
|2013||$2,980 M||-||$290 M9.7%||-|
|2014||$4,157 M||39.49%||$447 M10.8%||53.92%|
|2015||$4,727 M||13.73%||$504 M10.7%||12.66%|
|2016||$5,467 M||15.65%||$411 M7.5%||-18.39%|
|2017||$5,817 M||6.39%||$-348.89 M-6.0%||-184.89%|
|TTM||$6,341 M||9.01%||$168 M2.7%||-148.21%|
Quarterly financial resultsAmTrust Financial Services posted $1,395.10 M in revenues for 2018-Q2, a -39.34% less compared to previous quarter. Reported quarter income marked $-99.70 M with a profit margin of -7.15%. Profit margin plunged a -36.64% compared to previous quarter when profit margin was 29.50%. When comparing sales to same quarter last year, AmTrust Financial Services sales marked a chilling correction and collapsed a -13.88%.
|2016-Q4||$1,450 M||-||$115 M7.9%||-|
|2017-Q1||$1,440 M||-0.69%||$39 M2.7%||-65.81%|
|2017-Q2||$1,620 M||12.50%||$22 M1.4%||-42.86%|
|2017-Q3||$1,395 M||-13.87%||$-158 M-11.3%||-805.82%|
|2017-Q4||$1,250 M||-10.38%||$-252 M-20.2%||59.63%|
|2018-Q1||$2,300 M||83.93%||$678 M29.5%||-368.79%|
|2018-Q2||$1,395 M||-39.34%||$-100 M-7.1%||-114.70%|
|2018-Q3||$1,577 M||13.02%||$-68 M-4.3%||-31.90%|
AmTrust Financial Services ownershipWhen you are planning to buy a company, it's worth to overview its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For AmTrust Financial Services, of all outstanding shares are owned by its staff.
The following table compares ownership indicators for other stocks related to AmTrust Financial Services:
|Market cap||$0.0 M|
|Total shares||0.0 M|
|Float shares||0.0 M|
|- Institutional holdings (%)||0.0%|
|- Insider holdings (%)||0.0%|
|Shares in short selling||0.0%|
|Wednesday, November 28th, 2018|
|Day range||$14.75 - $14.77|
|Average true range||$0.18|
|50d mov avg||$14.33|
|100d mov avg||$14.43|
|200d mov avg||$0.00|
AmTrust Financial Services performanceTo measure stock performance is always good to compare with competitors or related stocks. We compared AmTrust Financial Services against in the following table: