Equities Analysts Offer Predictions for AMRK FY2025 Earnings

A-Mark Precious Metals, Inc. (NASDAQ:AMRK) – Northland Capmk cut their FY2025 earnings per share (EPS) estimates for A-Mark Precious Metals in a research note issued to investors on Thursday, November 7th. Northland Capmk analyst G. Gibas now expects that the company will earn $3.54 per share for the year, down from their prior estimate of $4.29. The consensus estimate for A-Mark Precious Metals’ current full-year earnings is $4.29 per share.

A-Mark Precious Metals (NASDAQ:AMRK) last released its quarterly earnings data on Thursday, August 29th. The company reported $0.85 earnings per share for the quarter, missing analysts’ consensus estimates of $1.44 by ($0.59). A-Mark Precious Metals had a return on equity of 11.16% and a net margin of 0.57%. The business had revenue of $2.52 billion during the quarter, compared to the consensus estimate of $2.64 billion.

A number of other brokerages have also weighed in on AMRK. DA Davidson dropped their target price on shares of A-Mark Precious Metals from $52.00 to $43.00 and set a “buy” rating for the company in a research report on Thursday. StockNews.com upgraded A-Mark Precious Metals from a “sell” rating to a “hold” rating in a research report on Tuesday, November 5th. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $46.33.

A-Mark Precious Metals Trading Down 0.0 %

AMRK stock opened at $31.58 on Monday. The company has a market capitalization of $731.71 million, a price-to-earnings ratio of 13.44 and a beta of -0.01. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.63 and a quick ratio of 0.39. A-Mark Precious Metals has a 1-year low of $24.22 and a 1-year high of $47.39. The business has a 50 day simple moving average of $41.65 and a two-hundred day simple moving average of $38.22.

Institutional Investors Weigh In On A-Mark Precious Metals

A number of hedge funds have recently modified their holdings of the business. Vanguard Group Inc. increased its holdings in shares of A-Mark Precious Metals by 0.6% in the first quarter. Vanguard Group Inc. now owns 1,038,275 shares of the company’s stock valued at $31,865,000 after purchasing an additional 6,544 shares during the last quarter. CWA Asset Management Group LLC purchased a new position in shares of A-Mark Precious Metals during the 3rd quarter worth $11,741,000. Driehaus Capital Management LLC acquired a new position in shares of A-Mark Precious Metals during the 2nd quarter valued at about $5,702,000. Bank of New York Mellon Corp grew its holdings in shares of A-Mark Precious Metals by 6.9% in the second quarter. Bank of New York Mellon Corp now owns 164,580 shares of the company’s stock valued at $5,327,000 after purchasing an additional 10,673 shares during the period. Finally, Bard Associates Inc. increased its position in A-Mark Precious Metals by 0.4% during the third quarter. Bard Associates Inc. now owns 93,411 shares of the company’s stock worth $4,125,000 after purchasing an additional 396 shares during the last quarter. 75.25% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at A-Mark Precious Metals

In other A-Mark Precious Metals news, CEO Gregory N. Roberts sold 4,320 shares of the stock in a transaction on Friday, September 20th. The shares were sold at an average price of $44.00, for a total transaction of $190,080.00. Following the transaction, the chief executive officer now directly owns 28,202 shares of the company’s stock, valued at $1,240,888. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In related news, CEO Gregory N. Roberts sold 4,320 shares of the firm’s stock in a transaction dated Friday, September 20th. The shares were sold at an average price of $44.00, for a total value of $190,080.00. Following the transaction, the chief executive officer now directly owns 28,202 shares of the company’s stock, valued at approximately $1,240,888. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Gregory N. Roberts sold 22,000 shares of the business’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $45.44, for a total value of $999,680.00. Following the sale, the chief executive officer now owns 28,202 shares of the company’s stock, valued at approximately $1,281,498.88. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 110,316 shares of company stock valued at $4,911,036 in the last ninety days. 48.64% of the stock is currently owned by corporate insiders.

A-Mark Precious Metals Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 22nd. Investors of record on Tuesday, October 8th were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 2.53%. The ex-dividend date of this dividend was Tuesday, October 8th. A-Mark Precious Metals’s dividend payout ratio is currently 34.04%.

A-Mark Precious Metals Company Profile

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.