Is Amplitude Inc (AMPL) positioned for future growth?

With 3.3 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.49 million shares. The 52-week range on AMPL shows that it touched its highest point at $14.88 and its lowest point at $7.37 during that stretch. It currently has a 1-year price target of $15.12. Beta for the stock currently stands at 1.38.

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 AMPL was up-trending over the past week, with a rise of 7.70%, but this was up by 21.56% over a month. Three-month performance surged to 37.50% while six-month performance rose 53.20%. The stock lost -4.62% in the past year, while it has gained 27.20% so far this year. A look at the trailing 12-month EPS for AMPL yields -0.76 with Next year EPS estimates of 0.13. For the next quarter, that number is -0.01. This implies an EPS growth rate of 25.29% for this year and 67.56% for next year. EPS is expected to grow by 51.88% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -18.39%.

Float and Shares Shorts:

At present, 96.09 million AMPL shares are outstanding with a float of 75.79 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 AMPL since 5 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 3 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 $0.0628056 being high and $0.0418704 being low. For AMPL, this leads to a yearly average estimate of $0.052338. Based on analyst estimates, the high estimate for the next quarter is $0.02 and the low estimate is $0.0. The average estimate for the next quarter is thus $0.01.