For its third fiscal quarter (ending September 30), AMERISAFE Inc (NASDAQ: AMSF) has reported E.P.S. of $0.75 compared to $0.52 a year ago. E.P.S. were $3.21 for the latest four quarters through September 30 versus $3.33 for the same period a year ago.
Recent Price Action
On 10/23/24, AMERISAFE Inc (NASDAQ: AMSF) stock was unchanged 0.0%, closing at $50.79. However, trading volume in this flat performance was below average at 80% of normal. The stock has performed in line with the market over the last nine months and has risen 2.2% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, AMSF is expected to continue to be a 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 neutral Power Rating of 43 but a very low Appreciation Score of 12, triggering the Lowest Value Trend Rating.
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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