AMR stock: buy or sell?

AMR stock price: $0.09 0.00% At close on September 20th, 2019

Updated on:
September 20th, 2019

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After boosting a super good 11.11% yesterday, Alta Mesa Resources closed today at $0.09 and stayed stable a neutral 0.00%. On September 18th AMR plunged a hair-raising -50.00%.

Should I buy AMR stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. That's why is so important to define your own trading plan that fits your character as inversor. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, Alta Mesa Resources stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Alta Mesa Resources stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we collected 2 ratings published for AMR stock in the last month.

Is AMR a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-2-26GuggenheimBuySell
2019-1-2Imperial Capitaln/aHold

AMR stock analysis

Daily outlook

After boosting a super good 11.11% yesterday, Alta Mesa Resources closed today at $0.09 and stayed constant a neutral 0.00%.

After boosting a super good 11.11% yesterday, Alta Mesa Resources closed today at $0.09 and stayed stable a neutral 0.00%. Since price and SMA50d lines crossed down on July, AMR fell $-0.08 per share (-47.06%).

AMR stock chart (daily)

Weekly outlook

After sliding for 4 weeks, this week Alta Mesa Resources rocketed a dazzling 28.57%, closing at $0.09. Last week AMR plunged a chilling -28.57% in just one week. This week broke a streak of 4 declining weeks.

AMR stock chart (weekly)

AMR stock price history

AMR IPO was on May 1st, 2017 at $9.82 per share1. Since then, AMR stock declined a -99.10%, with a yearly average of -49.60%.

1: Adjusted price after possible price splits or reverse-splits.

AMR stock historical price chart

AMR stock reached 52-week highs at $4.68, and all-time highs 2018-01-29 with a price of 10.79.

AMR stock price target is $6.00

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. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we only found 1 price target for Alta Mesa Resources stock:
AMR stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-1-2Imperial CapitalSet Price Targetn/a$6.00-
(in average)$0.00$6.000.0%

Financials and fundamental analysis

Earnings date and Earnings per Share

Since February, when Alta Mesa Resources presented its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
AMR earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q3-n/an/an/a
2017-Q42018-04-02n/an/an/a
2018-Q12018-05-14n/an/an/a
2018-Q22018-08-140.14-0.04n/a
2018-Q32018-11-130.050.04-20.0%
2018-Q42019-02-260.04n/an/a
2019-Q1-n/an/an/a

Annual financial results

Compared to , last anual revenues report draw of to M USD. When comparing vs , , profit margin (that is, the net income divided by revenues) a to .

To have an updated view of the financial situation of Alta Mesa Resources, 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-Q4 that can be compared to fiscal year results. Annual Alta Mesa Resources TTM sales up to December 2018 were $287.30 and earnings were $0.69 M USD. If we compare this TTM figures with the last reported annuality, we can review Alta Mesa Resources business evolution since : Annual sales up to December, compared to lastest yearly report, . Regarding profit margin, Alta Mesa Resources to

AMR annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY

Quarterly financial results

Alta Mesa Resources posted M in sales for 2018-Q4, a -100.00% less compared to previous quarter. Reported quarter earnings marked million with a profit margin of . Profit margin remained constant a 0.00% compared to previous quarter when profit margin was 4.33%. When comparing revenues to same quarter last year, Alta Mesa Resources sales marked a scary drop down and plummed a -100.00%.
AMR quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q4$-189.51 M-$16.50 M-8.7%-
2018-Q2$122.42 M-164.60%$-6.44 M-5.3%-139.06%
2018-Q3$164.88 M34.69%$7.14 M4.3%-210.72%

Alta Mesa Resources ownership

When you are planning to invest in shares of a company, it's worth to overview its ownership structure.

Alta Mesa Resources shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 52.04% of all shares.

In case of Alta Mesa Resources stock, 0.00% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for AMR stock account 0.00%, no big difference from last month.

For a better context understanding, the following table shows ownership data compared to other related stocks:

AMR
Market cap$16.4 M
Total shares182.6 M
Float shares50.0 M
  - Institutional holdings (%)0.0%
  - Insider holdings (%)52.0%
Shares in short selling0.0%

AMR summary

Friday, September 20th, 2019
Open$0.09
Close$0.09
Day range$0.09 - $0.09
Previous close$0.09
Session gain0.00%
Average true range$0.02
50d mov avg$0.12
100d mov avg$0.15
200d mov avg$0.43
Daily patternlt02c
Weekly pattern

Alta Mesa Resources performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. For Alta Mesa Resources, the benchmark is made against .
Stock3m6m12m
AMRAlta Mesa Resourc...-50.00%-68.97%-97.97%

Alta Mesa Resources competitors

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