A share price of Amalgamated Financial Corp [AMAL] is currently trading at $36.10, up 2.27%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AMAL shares have gain 11.21% over the last week, with a monthly amount glided 1.78%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Amalgamated Financial Corp [NASDAQ: AMAL] stock has seen the most recent analyst activity on December 12, 2023, when JP Morgan upgraded its rating to a Overweight but kept the price target unchanged to $29 for it. Previously, JP Morgan downgraded its rating to Neutral on March 23, 2021, and dropped its price target to $17.50. On February 04, 2020, upgrade upgraded it’s rating to Outperform and revised its price target to $21 on the stock.
Amalgamated Financial Corp experienced fluctuations in its stock price throughout the past year between $21.33 and $38.19. Currently, Wall Street analysts expect the stock to reach $42 within the next 12 months. Amalgamated Financial Corp [NASDAQ: AMAL] shares were valued at $36.10 at the most recent close of the market. An investor can expect a potential return of 16.34% based on the average AMAL price forecast.
Analyzing the AMAL fundamentals
Trailing Twelve Months sales for Amalgamated Financial Corp [NASDAQ:AMAL] were 429.16M which represents 16.22% growth. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.29%, Pretax Profit Margin comes in at 0.37%, and Net Profit Margin reading is 0.26%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.16 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.13.
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 35.49 points at the first support level, and at 34.88 for the second support level. However, for the 1st resistance point, the stock is sitting at 36.40, and for the 2nd resistance point, it is at 36.71.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Amalgamated Financial Corp [NASDAQ:AMAL] is 0.04. Considering the valuation of this stock, the price to sales ratio is 2.58, the price to book ratio is 1.59 and price to earnings (TTM) ratio is 10.62.
Transactions by insiders
Recent insider trading involved Brown Sam D., SEVP, Chief Banking Officer, that happened on Jan 02 ’25 when 8269.0 shares were sold. SEVP & Chief Banking Officer, Sam Brown completed a deal on Jan 02 ’25 to buy 8269.0 shares. Meanwhile, 10% Owner Western States Regional Joint sold 47607.0 shares on Nov 19 ’24.
