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A-MARK PRECIOUS METALS INC (NASDAQ:AMRK) is a candidate for growth investors. Here's why.

By Mill Chart

Last update: Sep 8, 2023

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if A-MARK PRECIOUS METALS INC (NASDAQ:AMRK) is suited for growth investing. Investors should of couse do their own research, but we spotted A-MARK PRECIOUS METALS INC showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.

Looking into the canslim metrics of A-MARK PRECIOUS METALS INC

  • A-MARK PRECIOUS METALS INC has demonstrated consistent growth in its earnings per share (EPS) from one quarter to another (Q2Q), with a 59.21% increase. This indicates improving financial performance and the company's effective management of its operations.
  • With consistent quarter-to-quarter (Q2Q) revenue growth of 50.98%, A-MARK PRECIOUS METALS INC exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for continued growth.
  • The 3-year EPS growth of A-MARK PRECIOUS METALS INC (48.52%) highlights the company's ability to consistently improve its earnings performance and suggests a positive outlook for future profitability.
  • With a favorable Return on Equity (ROE) of 26.1%, A-MARK PRECIOUS METALS INC demonstrates its ability to deliver attractive returns for shareholders. This metric highlights the company's effective management of assets and its profitability.
  • A-MARK PRECIOUS METALS INC has achieved an impressive Relative Strength (RS) rating of 81.26, showcasing its ability to outperform the broader market. This strong performance positions A-MARK PRECIOUS METALS INC as an attractive stock for potential price appreciation.
  • A-MARK PRECIOUS METALS INC exhibits a favorable Debt-to-Equity ratio at 0.99. This highlights the company's ability to limit excessive debt levels and maintain a strong equity base, demonstrating its financial stability and risk management practices.
  • With 55.37% of the total shares held by institutional investors, A-MARK PRECIOUS METALS INC showcases a healthy distribution of ownership. This suggests a mix of institutional and retail investors, fostering a dynamic market for the stock.

Technical analysis of NASDAQ:AMRK

ChartMill assigns a Technical Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple technical indicators and properties.

Taking everything into account, AMRK scores 2 out of 10 in our technical rating. AMRK has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

  • In the last month AMRK has a been trading in the 33.21 - 39.10 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
  • Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
  • When comparing the yearly performance of all stocks, we notice that AMRK is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
  • AMRK is an average performer in the Financial Services industry, it outperforms 65% of 96 stocks in the same industry.
  • AMRK is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AMRK is lagging the market slightly.
  • Volume is considerably higher in the last couple of days.

Check the latest full technical report of AMRK for a complete technical analysis.

Fundamental Analysis Observations

ChartMill utilizes a proprietary algorithm to assign a Fundamental Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of fundamental indicators and properties.

Overall AMRK gets a fundamental rating of 5 out of 10. We evaluated AMRK against 96 industry peers in the Financial Services industry. AMRK scores excellent on profitability, but there are concerns on its financial health. AMRK has a decent growth rate and is not valued too expensively.

Our latest full fundamental report of AMRK contains the most current fundamental analsysis.

More ideas for growth investing can be found on ChartMill in our CANSLIM screen.

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.

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A-MARK PRECIOUS METALS INC

NASDAQ:AMRK (4/19/2024, 3:02:45 PM)

After market: 37.98 0 (0%)

37.98

+1.1 (+2.98%)

AMRK News

News Image2 days ago - Market News VideoNoteworthy Wednesday Option Activity: SQ, UHS, AMRK
News Image3 days ago - A-Mark Precious MetalsA-Mark Precious Metals Sets Fiscal Third Quarter 2024 Earnings Call for Tuesday, May 7, at 4:30 p.m. ET

EL SEGUNDO, Calif., April 16, 2024 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), a leading fully integrated precious metals...

News Image11 days ago - Investor's Business DailyRussell 2000: These Stocks Spike As Gold Trades Near Record Highs, Bitcoin Climbs Above $72,000

Russell 2000 components A-Mark Precious Metals and bitcoin miners rally as gold prices, bitcoin spike near record highs.

News Image14 days ago - A-Mark Precious MetalsA-Mark Precious Metals Announces Quarterly Cash Dividend

EL SEGUNDO, Calif., April 05, 2024 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), a leading fully integrated precious metals...

News Image18 days ago - Market News VideoNotable Monday Option Activity: MRNA, AMRK, CRK
News Imagea month ago - Market News VideoNotable Monday Option Activity: CART, H, AMRK
News Imagea month ago - A-Mark Precious MetalsA-Mark Precious Metals Direct-to-Consumer Subsidiary JM Bullion Acquires Gold.com Website Domain

EL SEGUNDO, Calif., March 11, 2024 (GLOBE NEWSWIRE) --  JM Bullion, Inc. (JMB), a leading e-commerce retailer of precious metals and wholly-owned...

News Image2 months ago - Market News VideoFriday 3/1 Insider Buying Report: AMRK, ENPH
News Image2 months ago - A-Mark Precious MetalsA-Mark Closes Previously Announced Acquisition of LPM Group Limited, Marking A-Mark’s Expansion into Asia

EL SEGUNDO, Calif., Feb. 27, 2024 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), a leading fully integrated precious metals...

News Image2 months ago - Seeking AlphaA-Mark GAAP EPS of $0.57 misses by $0.22, revenue of $2.08B misses by $160M (NASDAQ:AMRK)

A-Mark Precious Metals reports disappointing Q2 earnings with missed EPS and revenue targets, as well as a significant decrease in gross profit and net...

News Image2 months ago - A-Mark Precious MetalsA-Mark Precious Metals Reports Fiscal Second Quarter 2024 Results

Q2 FY 2024 Diluted Earnings Per Share of $0.57 Repurchase of 440,092 Common Shares for $12 Million Asset Backed Securitization Notes Payable paid off at...

News Image2 months ago - A-Mark Precious MetalsA-Mark to Acquire LPM Group Limited, One of Asia’s Largest Precious Metals Dealers, Representing A-Mark’s Expansion into Asia

Conference Call Scheduled Today at 4:30 p.m. ET to Discuss Transactions and Fiscal Second Quarter 2024 Financial Results...

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