At the time of writing, Amalgamated Financial Corp [AMAL] stock is trading at $36.33, down -0.19%. 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 1.99% over the last week, with a monthly amount glided 6.20%, 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.
For the past year, the stock price of Amalgamated Financial Corp fluctuated 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 $36.33 at the most recent close of the market. An investor can expect a potential return of 15.61% based on the average AMAL price forecast.
Analyzing the AMAL fundamentals
According to Amalgamated Financial Corp [NASDAQ:AMAL], the company’s sales were 435.34M for trailing twelve months, which represents an 6.08% jump. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.13.
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 35.56 points at the first support level, and at 34.78 for the second support level. However, for the 1st resistance point, the stock is sitting at 37.08, and for the 2nd resistance point, it is at 37.82.
Ratios To Look Out For
It is important to note that Amalgamated Financial Corp [NASDAQ:AMAL] has a current ratio of 0.02. Considering the valuation of this stock, the price to sales ratio is 2.56, the price to book ratio is 1.57 and price to earnings (TTM) ratio is 10.54.
Transactions by insiders
Recent insider trading involved Edgar Romney Jr., Chief Strategy & Admin Officer, that happened on Feb 13 ’25 when 9800.0 shares were purchased. 10% Owner, Western States Regional Joint completed a deal on Feb 04 ’25 to sell 44983.0 shares. Meanwhile, 10% Owner Western States Regional Joint sold 18000.0 shares on Feb 03 ’25.
