AMERISAFE Inc (NASDAQ: AMSF) has reported E.P.S. of $0.89 for its first fiscal quarter (ending March 31) versus $0.91 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $3.23 compared to $2.91 a year ago.
Recent Price Action
AMERISAFE Inc (NASDAQ: AMSF) stock closed at $50.92 on 4/24/24 after a slight gain of 0.04%. However, this advance was accompanied by unusually low trading volume at 65% of normal. The stock has risen 4.2% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
AMSF’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
AMERISAFE has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. AMERISAFE has a very low Appreciation Score of 9 but a neutral Power Rating of 54, and the Lowest Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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