At the time of writing, Amerant Bancorp Inc [AMTB] stock is trading at $24.17, up 12.84%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The AMTB shares have gain 12.52% over the last week, with a monthly amount glided 21.34%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Amerant Bancorp Inc [NYSE: AMTB] stock has seen the most recent analyst activity on September 30, 2024, when Piper Sandler upgraded its rating to a Overweight and also boosted its price target to $26.50 from $26. Previously, Janney downgraded its rating to Neutral on July 26, 2024, and kept the price target unchanged to $25. Keefe Bruyette downgraded its rating to a Mkt Perform but stick to its price target of $32 on December 13, 2022. Stephens upgraded its rating to a Overweight. Piper Sandler upgraded its rating to Overweight for this stock on August 30, 2021, and upped its price target to $30. In a note dated June 03, 2021, Stephens initiated an Equal-Weight rating and provided a target price of $25.50 on this stock.
For the past year, the stock price of Amerant Bancorp Inc fluctuated between $18.54 and $27.00. Currently, Wall Street analysts expect the stock to reach $29.17 within the next 12 months. Amerant Bancorp Inc [NYSE: AMTB] shares were valued at $24.17 at the most recent close of the market. An investor can expect a potential return of 20.69% based on the average AMTB price forecast.
Analyzing the AMTB fundamentals
According to Amerant Bancorp Inc [NYSE:AMTB], the company’s sales were 574.84M for trailing twelve months, which represents an -38.25% plunge. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at -0.13%, Pretax Profit Margin comes in at -0.12%, and Net Profit Margin reading is -0.12%. To continue investigating profitability, this company’s Return on Assets is posted at -0.05, Equity is -0.06 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.18.
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 23.38 points at the first support level, and at 22.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 24.69, and for the 2nd resistance point, it is at 25.21.
Ratios To Look Out For
It is important to note that Amerant Bancorp Inc [NYSE:AMTB] has a current ratio of 0.18. Considering the valuation of this stock, the price to sales ratio is 1.77, the price to book ratio is 1.13.
Transactions by insiders
Recent insider trading involved Fleitas Armando, EVP, Chief Accounting Officer, that happened on May 22 ’24 when 6240.0 shares were sold. SEVP Chief Operating Officer, Iafigliola Carlos completed a deal on May 02 ’24 to sell 10579.0 shares. Meanwhile, SEVP Head of Consumer Banking Levine Howard A. sold 1200.0 shares on Nov 29 ’23.
