With 1.77 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.23 million shares. The 52-week range on AMH shows that it touched its highest point at $41.29 and its lowest point at $33.65 during that stretch. It currently has a 1-year price target of $40.28. With its current market cap of 13.20 billion, AMH has annualized dividend of $1.04 while the current yield stands at 2.91%. Beta for the stock currently stands at 0.80.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of AMH was up-trending over the past week, with a rise of 1.28%, but this was up by 0.79% over a month. Three-month performance dropped to -4.74% while six-month performance fell -6.85%. The stock gained 4.98% in the past year, while it has lost -4.57% so far this year. A look at the trailing 12-month EPS for AMH yields 0.96 with Next year EPS estimates of 0.72. For the next quarter, that number is 0.16. This implies an EPS growth rate of -44.38% for this year and 20.63% for next year.
Float and Shares Shorts:
At present, 365.89 million AMH shares are outstanding with a float of 339.44 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for AMH since 8 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.89783 being high and $0.77312 being low. For AMH, this leads to a yearly average estimate of $0.89279. Based on analyst estimates, the high estimate for the next quarter is $0.15 and the low estimate is $0.13. The average estimate for the next quarter is thus $0.14.
