4 analysts have expressed a variety of opinions on Amalgamated Financial (NASDAQ:AMAL) over the past quarter, offering a diverse set of opinions from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 4 | 0 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 0 | 3 | 0 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $30.25, a high estimate of $32.50, and a low estimate of $29.00. Observing a downward trend, the current average is 2.8% lower than the prior average price target of $31.12.
Breaking Down Analyst Ratings: A Detailed Examination
A clear picture of Amalgamated Financial's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Steven Alexopoulos | JP Morgan | Raises | Overweight | $32.50 | $31.50 |
| Alex Twerdahl | Piper Sandler | Raises | Overweight | $29.00 | $28.00 |
| Christopher O'Connell | Keefe, Bruyette & Woods | Lowers | Outperform | $30.00 | $32.00 |
| Steven Alexopoulos | JP Morgan | Lowers | Overweight | $29.50 | $33.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Amalgamated Financial. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Amalgamated Financial compared to the broader market.
- Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Amalgamated Financial's stock. This comparison reveals trends in analysts' expectations over time.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Amalgamated Financial's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
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Get to Know Amalgamated Financial Better
Amalgamated Financial Corp is a bank holding company. It is a full-service commercial bank and a chartered trust company. It provides commercial banking and trust services nationally and offers a range of products and services to commercial and retail customers. It offers a complete suite of commercial and retail banking, investment management, and trust and custody services.
Understanding the Numbers: Amalgamated Financial's Finances
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Over the 3 months period, Amalgamated Financial showcased positive performance, achieving a revenue growth rate of 5.33% as of 31 March, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Financials sector.
Net Margin: Amalgamated Financial's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 35.76% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Amalgamated Financial's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 4.53% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Amalgamated Financial's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 0.34%, the company showcases efficient use of assets and strong financial health.
Debt Management: With a below-average debt-to-equity ratio of 0.27, Amalgamated Financial adopts a prudent financial strategy, indicating a balanced approach to debt management.
The Basics of Analyst Ratings
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.