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

15 November 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. Amtrust Financial Services had 20 analyst reports since August 5, 2015 according to SRatingsIntel. It turned negative, as 68 investors sold AmTrust Financial Services Inc shares while 49 reduced holdings. Among active positions in the latest quarter, 91 holders increased their positions by a total of 13.07 million shares, 123 holders decreased the positions by a total of 18.03 million shares, and 21 holders held their positions.

Amtrust Financial Services Incorporated (NASDAQ:AFSI) had a decrease of 8.14% in short interest. The stock decreased 5.50% or $0.6 during the last trading session, reaching $10.3. These shares are worth $69,600 and were traded at $13.92 each. (NASDAQ:AFSI) ended its day at $9.49 with the rising stream of -7.86% and its total traded volume was 3.74 million shares more than the average volume. It has underperformed by 70.19% the S&P500. Copart, Inc. (NASDAQ:CPRT) has risen 37.41% since November 13, 2016 and is uptrending. The correct version of this story can be read at https://weekherald.com/2017/11/14/amtrust-financial-services-inc-afsi-downgraded-by-jmp-securities-to-market-perform.html. Previously Amtrust Financial (NASDAQ:AFSI) reported $-0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by $-0.13 with surprise factor of -144.4%. The company's price to sales ratio for trailing twelve months is 0.56 and price to book ratio for most recent quarter is 1.52, whereas price to cash per share for the most recent quarter is 11.80. The company's beta value is at 1.27. State Street Corp increased its position in AmTrust Financial Services by 54.1% in the second quarter. After this sale, 164,518 common shares of AFSI are directly owned by the insider, with total stake valued at $1,561,276. Raymond James & Associates, Florida-based fund reported 398,009 shares.

Maple Capital Management Inc increased Qualcomm Inc. About 2.16M shares traded. Amalgamated Bank controls 10,638 shares worth $143,000. Energy Transfer Partners L.P. was raised too.

AmTrust Financial Services, Inc. on 9/29/2017 reported its EPS as $0.38 with the analysts projecting the EPS of the stock as $0.74. They expect $0.08 earnings per share, down 27.27% or $0.03 from last year's $0.11 per share. AFSI's profit will be $53.07 million for 8.57 P/E if the $0.27 EPS becomes a reality. The business's revenue was up 4.3% compared to the same quarter a year ago. Out of the analyst recommendations 2 rate Amtrust Financial (NASDAQ:AFSI) stock a Buy, 2 rate the stock Outperform, 2 rate Hold, 0 rate Underperform and 0 recommend a Sell. Therefore 50% are positive. For the current year the company's revenue estimates are $5.06 Billion compared to low analyst estimates of $5.03 Billion and high estimates of $5.08 Billion according to the prediction of 5 analysts.

Earnings Prediction Review: Henry Schein, Inc. (HSIC)
Craig Hallum upgraded shares of Henry Schein from a "hold" rating to a "buy" rating in a research report on Tuesday, November 7th. Td Asset Management Inc bolstered its stake by buying 28,507 shares an increase of 122.1% from 06/30/2017 to 09/30/2017.

Institutional investors now hold around $774 million or 38.5% in AFSI stock. Credit Suisse has "Neutral" rating and $47 target. On Thursday, September 3 the stock rating was maintained by William Blair with "Buy". The firm has "Buy" rating given on Monday, October 23 by SunTrust. On Tuesday, December 8 the stock rating was downgraded by KeyBanc Capital Markets to "Sector Weight". Jefferies maintained Office Depot Inc (NASDAQ:ODP) on Thursday, September 28 with "Hold" rating. On Friday, November 13 the stock rating was upgraded by Compass Point to "Buy". The Michigan-based Northpointe Capital Llc has invested 0.87% in the stock. Its down 0.43, from 1.18 in 2017Q1.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. 30 funds opened positions while 58 raised stakes. Rech & Mgmt holds 0.01% or 2,200 shares. Intact Mngmt has invested 0.03% in AmTrust Financial Services Inc (NASDAQ:AFSI). Stockholders of record on Tuesday, January 2nd will be given a dividend of $0.17 per share. Geode Mgmt Ltd Liability Com holds 1.71 million shares or 0.02% of its portfolio. The company holds 207.21 million outstanding shares and 109.32 million shares are floating in market.

Media headlines about AmTrust Financial Services (NASDAQ:AFSI) have been trending somewhat positive recently, Accern Sentiment reports. Legal & General Group Plc now owns 31,937 shares of the insurance provider's stock worth $590,000 after buying an additional 24,987 shares during the period. Ancora Advsrs Lc reported 11,150 shares or 0.02% of all its holdings. AmTrust Financial Services had a net margin of 0.49% and a return on equity of 9.07%. AmTrust Financial Services's dividend payout ratio is -424.97%.

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