AMSF Stock Summary and Trading Ideas (Amerisafe | NASDAQ:AMSF)

AMERISAFE Inc is a specialty provider of workers' compensation insurance to employers engaged in hazardous industries, mainly construction, trucking, manufacturing, oil and gas, and agriculture. The company generates a majority of its revenue in the form of premiums.

Amerisafe trades on the NASDAQ stock market under the symbol AMSF.

As of April 23, 2024, AMSF stock price declined to $50.90 with 94,810 million shares trading.

AMSF has a beta of 0.11, meaning it tends to be less sensitive to market movements. AMSF has a correlation of 0.00 to the broad based SPY ETF.

AMSF has a market cap of $973.97 million. This is considered a Small Cap stock.

Last quarter Amerisafe reported $80 million in Revenue and $.74 earnings per share. This beat revenue expectation by $5 million and exceeded earnings estimates by $.03.

In the last 3 years, AMSF stock traded as high as $67.10 and as low as $44.06.

The top ETF exchange traded funds that AMSF belongs to (by Net Assets): IJR, VTI, IWM, SCHD, VXF.

AMSF stock has underperformed the market in the last year with a return of +4.8%, while SPY returned +24.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in AMSF shares. However, AMSF has outperformed the market in the last 3 month and 2 week periods, returning +5.3% and +7.1%, while SPY returned +4.9% and -2.5%, respectively. This indicates AMSF has been having a stronger performance recently.

AMSF support price is $50.44 and resistance is $51.90 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AMSF stock will trade within this expected range on the day.