A-Mark Precious Metals (NASDAQ:AMRK – Get Free Report) will likely be posting its quarterly earnings results after the market closes on Thursday, February 6th. Analysts expect A-Mark Precious Metals to post earnings of $0.65 per share and revenue of $2.28 billion for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.
A-Mark Precious Metals Stock Down 0.9 %
A-Mark Precious Metals stock opened at $27.92 on Tuesday. The firm has a market cap of $647.19 million, a price-to-earnings ratio of 11.88 and a beta of -0.02. The stock has a fifty day simple moving average of $27.88 and a two-hundred day simple moving average of $34.76. A-Mark Precious Metals has a 12 month low of $24.22 and a 12 month high of $47.39. The company has a current ratio of 1.66, a quick ratio of 0.37 and a debt-to-equity ratio of 0.51.
A-Mark Precious Metals Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 28th. Shareholders of record on Tuesday, January 14th were issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.87%. The ex-dividend date of this dividend was Tuesday, January 14th. A-Mark Precious Metals’s payout ratio is 34.04%.
Wall Street Analyst Weigh In
Several analysts recently commented on the company. DA Davidson cut their price objective on A-Mark Precious Metals from $52.00 to $43.00 and set a “buy” rating for the company in a report on Thursday, November 7th. StockNews.com raised A-Mark Precious Metals from a “sell” rating to a “hold” rating in a report on Thursday, December 19th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, A-Mark Precious Metals currently has an average rating of “Hold” and an average price target of $46.33.
Read Our Latest Stock Analysis on A-Mark Precious Metals
About A-Mark Precious Metals
A-Mark Precious Metals, Inc, together with its subsidiaries, operates as a precious metals trading company. It operates through three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending. The Wholesale Sales & Ancillary Services segment sells gold, silver, platinum, and palladium in the form of bars, plates, powders, wafers, grains, ingots, and coins.
Further Reading
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