A Look at Target Price and Valuation of Amtrust Financial (AFSI)

Lloyd Doyle
November 14, 2017

The Company's technologies include embedded processing modules and subsystems, radio frequency and microwave multi-function assemblies, as well as subsystems, and RF and microwave components.

Wall Street analysts are predicting that Amtrust Financial (NASDAQ:AFSI) will report earnings per share of $0.31 in their quarterly report. (AmTrust) is an insurance holding company.

Taking a broader look at the analyst consensus, according to 5 analysts Amtrust Financial (NASDAQ:AFSI)'s price will reach at $15.2 during 52 weeks. The stock decreased 1.39% or $0.41 on November 10, reaching $29.14. These shares are worth $69,600 and were traded at $13.92 each. About shares traded. AmTrust Financial Services Inc (NASDAQ:AFSI) has declined 53.49% since November 14, 2016 and is downtrending. It has underperformed by 70.19% the S&P500. Copart, Inc. (NASDAQ:CPRT) has risen 37.41% since November 13, 2016 and is uptrending. It has outperformed by 75.04% the S&P500.

Analysts await Office Depot Inc (NASDAQ:ODP) to report earnings on March, 7. As of the last earnings report the EPS was $-0.32 with 196.03M shares outstanding.

Since May 16, 2017, it had 0 insider purchases, and 2 selling transactions for $2.14 million activity.

Rk Capital Management Llc holds 2.77% of its portfolio in Mercury Systems Inc for 326,888 shares. After this sale, 164,518 common shares of AFSI are directly owned by the insider, with total stake valued at $1,561,276. Institutional investors own 36.36% of the company's stock. The Connecticut-based Pier Capital Llc has invested 1.63% in the stock. New Amsterdam Prtnrs Limited Liability Corporation Ny reported 55,827 shares.

Maple Capital Management Inc increased Qualcomm Inc. Amalgamated Bank now owns 12,697 shares of the insurance provider's stock worth $234,000 after acquiring an additional 172 shares during the last quarter. Energy Transfer Partners L.P. was raised too.

Several other equities analysts also recently commented on AFSI. They expect $0.27 EPS, down 28.95% or $0.11 from last year's $0.38 per share. TheStreet lowered AmTrust Financial Services from a "c" rating to a "d" rating in a research report on Wednesday, July 19th. Finally, FBR & Co lowered shares of AmTrust Financial Services from a "buy" rating to a "neutral" rating and set a $14.00 target price on the stock.in a research report on Tuesday, October 24th. Therefore 50% are positive. Analysts have a mean recommendation of 1.00 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). The rating was downgraded by JMP Securities to "Market Perform" on Monday, November 13. FBR Capital has "Buy" rating and $2200 target. On Thursday, February 11 the stock rating was maintained by Compass Point with "Buy". Jefferies has "Hold" rating and $3300 target. The firm earned "Buy" rating on Thursday, September 3 by William Blair. The company was maintained on Tuesday, August 22 by Credit Suisse. The company was downgraded on Tuesday, October 24 by FBR Capital. (NASDAQ:CPRT) rating on Thursday, July 6. This represents a decrease of -8% in the number of shares being shorted compared to the previous reading, and implies that investors felt less pessimistic about the stock during the past two weeks. It is negative, as 68 investors sold AmTrust Financial Services Inc shares while 49 reduced holdings. Parkside Fincl Bank & reported 113 shares stake. "Riley Comments on AmTrust Financial Services, Inc.'s FY2017 Earnings (AFSI)" was first reported by StockNewsTimes and is owned by of StockNewsTimes. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 0.46.

AmTrust Financial Services (NASDAQ:AFSI) opened at $10.30 on Monday. Sapphire Star Partners LP bought a new stake in shares of AmTrust Financial Services in the 3rd quarter valued at approximately $153,000. Edge Asset Management Inc. now owns 2,950,203 shares of the company's stock valued at $72,280,000 after buying an additional 760,658 shares during the period. (AFSI)'s shares. The total value of these holdings, in millions, is $774. 51 funds opened positions while 236 raised stakes. Walleye Trading Ltd Liability has 21,950 shares for 0% of their portfolio.

AmTrust Financial Services (NASDAQ:AFSI) last announced its quarterly earnings results on Wednesday, November 8th. (NASDAQ:AFSI), at its latest closing price of $9.49, it has a price-to-book ratio of 0.78, compared to an industry average at 1.33. Manufacturers Life Ins Com The owns 0% invested in AmTrust Financial Services Inc (NASDAQ:AFSI) for 69,324 shares.

In a transaction dated April 17, 2017, the shares were put up for sale at an average price of $15.61, raking in a sum of $78,050.

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