Profile
Sector:
Financial ServicesIndustry:
Capital MarketsCountry:
United StatesIPO:
17 March 2014Website:
http://www.amark.comNext earnings report:
30 August 2024Last dividends:
15 April 2024Next dividends:
N/APrice
after hours | Tue, 02 Jul 2024 20:31:13 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
AMRK Latest News
Gold plays a key role in portfolio diversification due to its low correlation with stocks. During gold bull runs, investors pile into gold-related investments to be exposed to magnified returns. A-Mark Precious Metals offers magnified exposure to Gold's returns without the risks associated with miners. A-Mark stock is undervalued and presents a strong buy opportunity for investors looking to diversify risks and potentially outperform Gold.
A-Mark Precious Metals' shares have fallen 20% since reaching a 52-week high in June 2023 due to soft supply-demand dynamics. The company's recent acquisition of Hong Kong-based LPM Group could lead to an earnings turnaround by providing access to the Asian market. With a share repurchase program and a current yield of over 2.4%, insider buying in A-Mark suggests potential value in the stock.
A-Mark results have been pressured by lower market premiums for gold and silver physical. The company continues to consolidate market share with an outlook supported by overall solid fundamentals. We are bullish on the stock and expect earnings to benefit as higher gold and silver prices drive a resurgence of demand for bullion and coins.
A-Mark Precious Metals, Inc. (AMRK) Q2 2024 Earnings Call Transcript
A-Mark Precious Metals (AMRK) came out with quarterly earnings of $0.90 per share, missing the Zacks Consensus Estimate of $1.23 per share. This compares to earnings of $1.88 per share a year ago.
A-Mark Precious Metals, Inc. (NASDAQ:AMRK ) Q1 2024 Earnings Conference Call November 7, 2023 4:30 PM ET Company Participants Greg Roberts - CEO Thor Gjerdrum - President Kathleen Simpson - CFO Conference Call Participants Lucas Pipes - B. Riley Securities Tom Forte - D.A.
A-Mark Precious Metals (AMRK) came out with quarterly earnings of $1.09 per share, missing the Zacks Consensus Estimate of $1.88 per share. This compares to earnings of $1.93 per share a year ago.
On October 25 2023 an on-line edition of Fortune Magazine revealed 100 Fastest Growing Public Companies. My Dogcatcher quest to sniff-out dividend-buys found 57 dividend-paying fast-growers using YCharts 11/1/23 data. The companies featured on the fastest-growing companies list, which ranks companies based on growth in revenue, profits, and stock returns, are worth a combined $4 trillion in market capitalization. 57 dividend yielding stocks highlighted those 100 fastest-growers and ranged 0.04% to 15.8% in annual-yield, while the 100 ranged -73.61% to 122.42% in broker-estimated one-year price-target-upsides by YCharts 11/1/23 reckoning.
A-Mark (AMRK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
A-Mark (AMRK) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 1(current)
What type of business is A-Mark Precious Metals?
A-Mark Precious Metals, Inc., together with its subsidiaries, operates as a precious metals trading company. It operates in 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. This segment also offers various ancillary services, including financing, storage, consignment, logistics, and various customized financial programs; and designs and produces minted silver products. The Direct-to-Consumer segment provides access to an array of gold, silver, copper, platinum, and palladium products through its websites and marketplaces. It operates five company-owned websites targeting specific niches within the precious metals retail market. This segment also operates as a direct retailer of precious metals to the investor community and markets its precious metal products on television, radio, and the internet, as well as through customer service outreach. The Secured Lending segment originates and acquires commercial loans secured by bullion and numismatic coins; and serves coin and precious metal dealers, investors, and collectors. The company serves customers, including financial institutions, bullion retailers, industrial manufacturers and fabricators, sovereign mints, refiners, coin and metal dealers, investors, collectors, and e-commerce and other retail customers. It has operations in the United States, rest of North America, Europe, the Asia Pacific, Africa, and Australia. A-Mark Precious Metals, Inc. was founded in 1965 and is headquartered in El Segundo, California.
What sector is A-Mark Precious Metals in?
A-Mark Precious Metals is in the Financial Services sector
What industry is A-Mark Precious Metals in?
A-Mark Precious Metals is in the Capital Markets industry
What country is A-Mark Precious Metals from?
A-Mark Precious Metals is headquartered in United States
When did A-Mark Precious Metals go public?
A-Mark Precious Metals initial public offering (IPO) was on 17 March 2014
What is A-Mark Precious Metals website?
https://www.amark.com
Is A-Mark Precious Metals in the S&P 500?
No, A-Mark Precious Metals is not included in the S&P 500 index
Is A-Mark Precious Metals in the NASDAQ 100?
No, A-Mark Precious Metals is not included in the NASDAQ 100 index
Is A-Mark Precious Metals in the Dow Jones?
No, A-Mark Precious Metals is not included in the Dow Jones index
When does A-Mark Precious Metals report earnings?
The next expected earnings date for A-Mark Precious Metals is 30 August 2024