Amplify Energy Corp. [AMPY] stock is trading at $7.04, down -0.71%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The AMPY shares have gain 0.86% over the last week, with a monthly amount glided 16.36%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Amplify Energy Corp. [NYSE: AMPY] stock has seen the most recent analyst activity on January 22, 2024, when Alliance Global Partners initiated its Buy rating and assigned the stock a price target of $9. Previously, ROTH Capital upgraded its rating to Buy on October 28, 2022, and kept the price target unchanged to $12. On October 04, 2021, downgrade downgraded it’s rating to Neutral. ROTH Capital started tracking the stock assigning a Buy rating and suggested a price target of $10.50 on November 22, 2019. Northland Capital initiated its recommendation with a Outperform and recommended $10 as its price target on November 14, 2019.
Amplify Energy Corp. [AMPY] stock has fluctuated between $3.56 and $8.21 over the past year. Currently, Wall Street analysts expect the stock to reach $12 within the next 12 months. Amplify Energy Corp. [NYSE: AMPY] shares were valued at $7.04 at the most recent close of the market. An investor can expect a potential return of 70.45% based on the average AMPY price forecast.
Analyzing the AMPY fundamentals
Amplify Energy Corp. [NYSE:AMPY] reported sales of 307.60M for the trailing twelve months, which represents a drop of -20.17%. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.47%, and Net Profit Margin reading is 1.28%. To continue investigating profitability, this company’s Return on Assets is posted at 0.53, Equity is 1.09 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.3.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 6.97 points at the first support level, and at 6.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.17, and for the 2nd resistance point, it is at 7.30.
Ratios To Look Out For
For context, Amplify Energy Corp.’s Current Ratio is 1.02. Also, the Quick Ratio is 1.02, while the Cash Ratio stands at 0.22. Considering the valuation of this stock, the price to sales ratio is 0.90, the price to book ratio is 0.70 and price to earnings (TTM) ratio is 0.73.
Transactions by insiders
Recent insider trading involved Dulany Eric Edward, VICE PRESIDENT & CAO, that happened on Dec 21 ’23 when 2000.0 shares were sold. SVP, CHIEF FINANCIAL OFFICER, FREW JAMES completed a deal on Nov 08 ’23 to buy 10000.0 shares. Meanwhile, SVP, CHIEF OPERATING OFFICER FURBEE DANIEL bought 10000.0 shares on Nov 07 ’23.
