The price of AMSF is predicted to go up -38.62%, based on the high correlation periods with ATHE. The similarity of these two price pattern on the periods is 94.27%.
AMSF
ATHE
Down: -38.62%Similarity: 94.27%
AMSF Revenue Forecast
AMSF EPS Forecast
AMSF FAQs
What is bull’s view on AMSF?
AMSF stock is currently trading at a premium valuation with a forward P/E of 22x, reflecting strong investor confidence in its growth potential. Despite challenges like declining net premiums and free cash flow, its robust balance sheet, no debt, and consistent dividend growth make it attractive for long-term investors. Analysts have raised the price target to $65, suggesting a potential upside of 36% from its recent close of $47.72.
What is bear's view on AMSF?
AMSF stock is currently trading at a premium P/E of 22x, which is higher than its industry average, making it overvalued. The bearish view stems from declining net premiums earned and a sharp 56.7% drop in free cash flow over the trailing 12 months, raising concerns about long-term financial health. With a recent price of $47.72, further downside risk exists if these trends persist.
What is AMSF revenue forecast for next quarter?
The market consensus for AMSF's revenue in the upcoming quarter is projected to be approximately $76.958M USD.
What is AMSF eps forecast for next quarter?
The market consensus for AMSF's eps in the upcoming quarter is projected to be approximately $0.56 USD.
Truist analyst Mark Hughes raised the firm's price target on Amerisafe to $54 from $48 and keeps a Hold rating on the shares after its Q3 results. The firm is boosting its FY24 EPS view by 10c to $2.45 to reflect the upside in the quarter as well as its increased assumptions for premium growth and favorable reserve development, the analyst tells investors in a research note. Truist adds however that the stock is fairly valued in light of the company's improved, albeit still moderate, near-term topline growth prospects.