We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Can A-Mark Precious Metals (AMRK) Run Higher on Strong Earnings Estimate Revisions?
Read MoreHide Full Article
A-Mark Precious Metals, Inc. (AMRK - Free Report) is a precious metal trading company that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on AMRK’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that A-Mark Precious Metals could be a solid choice for investors.
Current Quarter Estimates for AMRK
In the past 30 days, 1 estimate has gone higher for A-Mark Precious Metals while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from 18 cents a share 30 days ago, to 33 cents per share today, a move of 83.3%. .
Current Year Estimates for AMRK
Meanwhile, A-Mark Precious Metals’ current year figures are also looking quite promising, with 1 estimate moving higher in the past month, while none have gone lower in the same time period. The consensus estimate trend has also seen a boost for this time frame, increasing from 89 cents per share 30 days ago to $1.34 per share today, an increase of 50.5%.
The stock has also started to move higher lately, adding 10.6% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #2 (Buy) stock to profit in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Zacks' Top Investment Ideas for Long-Term Profit
How would you like to see our best recommendations to help you find today’s most promising long-term stocks? Starting now, you can look inside our portfolios featuring stocks under $10, income stocks, value investments and more. These picks, which have double and triple-digit profit potential, are rarely available to the public. But you can see them now. Click here >>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Can A-Mark Precious Metals (AMRK) Run Higher on Strong Earnings Estimate Revisions?
A-Mark Precious Metals, Inc. (AMRK - Free Report) is a precious metal trading company that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on AMRK’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that A-Mark Precious Metals could be a solid choice for investors.
Current Quarter Estimates for AMRK
In the past 30 days, 1 estimate has gone higher for A-Mark Precious Metals while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from 18 cents a share 30 days ago, to 33 cents per share today, a move of 83.3%. .
Current Year Estimates for AMRK
Meanwhile, A-Mark Precious Metals’ current year figures are also looking quite promising, with 1 estimate moving higher in the past month, while none have gone lower in the same time period. The consensus estimate trend has also seen a boost for this time frame, increasing from 89 cents per share 30 days ago to $1.34 per share today, an increase of 50.5%.
A-MARK PRECIOUS Price and Consensus
A-MARK PRECIOUS Price and Consensus | A-MARK PRECIOUS Quote
Bottom Line
The stock has also started to move higher lately, adding 10.6% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #2 (Buy) stock to profit in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Zacks' Top Investment Ideas for Long-Term Profit
How would you like to see our best recommendations to help you find today’s most promising long-term stocks? Starting now, you can look inside our portfolios featuring stocks under $10, income stocks, value investments and more. These picks, which have double and triple-digit profit potential, are rarely available to the public. But you can see them now. Click here >>