A-Mark Precious Metals (AMRK) Expected to Announce Earnings on Thursday

A-Mark Precious Metals (NASDAQ:AMRK) is projected to release its earnings data after the market closes on Thursday, February 6th. Analysts expect A-Mark Precious Metals to post earnings of $0.65 per share and revenue of $2.28 billion for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

A-Mark Precious Metals Trading Down 0.9 %

Shares of NASDAQ:AMRK opened at $27.67 on Wednesday. The company has a market capitalization of $641.39 million, a PE ratio of 11.77 and a beta of -0.02. The company has a current ratio of 1.66, a quick ratio of 0.37 and a debt-to-equity ratio of 0.51. The business has a 50 day moving average of $27.79 and a two-hundred day moving average of $34.63. A-Mark Precious Metals has a 12-month low of $24.22 and a 12-month high of $47.39.

A-Mark Precious Metals Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 28th. Shareholders of record on Tuesday, January 14th were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 2.89%. The ex-dividend date was Tuesday, January 14th. A-Mark Precious Metals’s payout ratio is 34.04%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on AMRK. DA Davidson dropped their price objective on shares of A-Mark Precious Metals from $52.00 to $43.00 and set a “buy” rating for the company in a research note on Thursday, November 7th. StockNews.com upgraded A-Mark Precious Metals from a “sell” rating to a “hold” rating in a research report on Thursday, December 19th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $46.33.

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.