AFSI stock: buy or sell?

AFSI stock price: $14.75 5.43% At close on November 28th, 2018

Updated on:
November 28th, 2018

5

AmTrust Financial Services skyrocketed 5.43% to $14.75 after topping to all time highs on November.

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:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

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

Daily outlook

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%.

AFSI stock chart (daily)

Weekly outlook

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 chart (weekly)

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 target

Predicting 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 Share

AmTrust 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.
AFSI earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2016-Q4-n/a0.44n/a
2017-Q1-n/a0.13n/a
2017-Q2-n/a0.03n/a
2017-Q32017-11-080.09-0.04n/a
2017-Q42018-04-02n/an/an/a
2018-Q12018-07-02n/an/an/a
2018-Q22018-08-090.27-0.59n/a
2018-Q32018-12-05n/an/an/a
2018-Q42019-03-14n/an/an/a
2019-Q1-n/an/an/a

Annual financial results

In 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%.

AFSI annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$2,980 M-$290 M9.7%-
2014$4,157 M39.49%$447 M10.8%53.92%
2015$4,727 M13.73%$504 M10.7%12.66%
2016$5,467 M15.65%$411 M7.5%-18.39%
2017$5,817 M6.39%$-348.89 M-6.0%-184.89%
TTM $6,341 M9.01%$168 M2.7%-148.21%

Quarterly financial results

AmTrust 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%.
AFSI quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2016-Q4$1,450 M-$115 M7.9%-
2017-Q1$1,440 M-0.69%$39 M2.7%-65.81%
2017-Q2$1,620 M12.50%$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 M83.93%$678 M29.5%-368.79%
2018-Q2$1,395 M-39.34%$-100 M-7.1%-114.70%
2018-Q3$1,577 M13.02%$-68 M-4.3%-31.90%

AmTrust Financial Services ownership

When 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:

AFSI
Market cap$0.0 M
Total shares0.0 M
Float shares0.0 M
  - Institutional holdings (%)0.0%
  - Insider holdings (%)0.0%
Shares in short selling0.0%

AFSI summary

Wednesday, November 28th, 2018
Open$14.75
Close$14.75
Day range$14.75 - $14.77
Previous close$13.99
Session gain5.43%
Average true range$0.18
50d mov avg$14.33
100d mov avg$14.43
200d mov avg$0.00
Daily pattern
Weekly pattern

AmTrust Financial Services performance

To measure stock performance is always good to compare with competitors or related stocks. We compared AmTrust Financial Services against in the following table:
Stock3m6m12m
AFSIAmTrust Financial...1.44%10.32%0.00%

AmTrust Financial Services competitors

Unfortunately, we could not find any public company that could be defined as AmTrust Financial Services competitor. This doesn't mean AmTrust Financial Services does not have any competitor in the market, it's just we could not detected it.