It has been about a month since the last earnings report for Amerisafe (AMSF). Shares have added about 4.3% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Amerisafe due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.
It turns out, fresh estimates have trended upward during the past month.
At this time, Amerisafe has a poor Growth Score of F, however its Momentum Score is doing a bit better with a D. Following the exact same course, the stock was allocated a grade of D on the value side, putting it in the bottom 40% for this investment strategy.
Overall, the stock has an aggregate VGM Score of F. If you aren't focused on one strategy, this score is the one you should be interested in.
Estimates have been trending upward for the stock, and the magnitude of this revision looks promising. It comes with little surprise Amerisafe has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months.
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AMERISAFE, Inc. (AMSF) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
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