
AMRK Stock Forecast & Price Target
AMRK Analyst Ratings
Bulls say
A-Mark Precious Metals has demonstrated remarkable revenue growth, achieving $2.74 billion for FQ2, reflecting a 32% year-over-year increase, surpassing both internal expectations and consensus estimates. The recent acquisition of Stack's Bowers Galleries Inc (SGI) is anticipated to enhance the company's margin profile by leveraging cross-selling opportunities in the numismatic market, which is expected to contribute positively to EBITDA profitability over time. Additionally, the increase in institutional holdings, with a 75% rise in inventory levels at the Comex commodity exchange, indicates growing market confidence and demand for precious metals, further supporting a positive outlook for the company's operations.
Bears say
A-Mark Precious Metals has reported weaker gross margins at 1.63%, falling short of both the 1.75% estimate and the 2.21% from the previous year, which signifies a challenging demand environment affecting profitability. The company's secured lending portfolio has significantly diminished, dropping from $152 million in March 2020 to $50 million in June 2020, reflecting the impact of pricing volatility and weak market conditions. Amid subdued demand driven by high prices and reduced spreads, A-Mark's gross profit of $44.8 million was below expectations, indicating ongoing pressures that could hinder future financial performance.
This aggregate rating is based on analysts' research of A-Mark Precious Metals and is not a guaranteed prediction by Public.com or investment advice.
AMRK Analyst Forecast & Price Prediction
Start investing in AMRK
Order type
Buy in
Order amount
Est. shares
0 shares