Headlines about Atlas Financial Holdings (NASDAQ:AFH) have trended somewhat positive on Friday, AlphaOne Sentiment Analysis reports. The research group, a service of Accern, scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Atlas Financial Holdings earned a media sentiment score of 0.18 on AlphaOne’s scale. AlphaOne also assigned media coverage about the insurance provider an impact score of 80 out of 100, indicating that recent media coverage is likely to have an effect on the stock’s share price in the immediate future.
These are some of the news headlines that may have impacted AlphaOne’s scoring:
- Atlas Financial Holdings, Inc. (AFH) Receives Average Recommendation of “Hold” from Analysts (americanbankingnews.com)
- Atlas Financial : to Participate in JMP Securities Financial Services Conference (4-traders.com)
- Atlas Financial to Participate in JMP Securities Financial Services and Real Estate Conference on June 22, 2017 (finance.yahoo.com)
- Ex-SuperSonic Wally Walker joins Atlas Financial’s board (bizjournals.com)
- Atlas Financial Holdings, Inc. (AFH) Earns Outperform Rating from Analysts at Boenning Scattergood (americanbankingnews.com)
A number of research firms have commented on AFH. ValuEngine downgraded shares of Atlas Financial Holdings from a “hold” rating to a “sell” rating in a report on Friday. Boenning Scattergood began coverage on shares of Atlas Financial Holdings in a report on Tuesday. They issued an “outperform” rating and a $19.00 price objective for the company. JMP Securities began coverage on shares of Atlas Financial Holdings in a report on Wednesday, May 24th. They issued an “outperform” rating and a $18.00 price objective for the company. TheStreet downgraded shares of Atlas Financial Holdings from a “b-” rating to a “c” rating in a report on Monday, March 13th. Finally, Sandler O’Neill downgraded shares of Atlas Financial Holdings from a “buy” rating to a “hold” rating in a report on Friday, February 24th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company’s stock. Atlas Financial Holdings has an average rating of “Hold” and a consensus price target of $18.50.
Shares of Atlas Financial Holdings (AFH) traded up 1.29% during mid-day trading on Friday, hitting $15.65. 50,155 shares of the stock were exchanged. The company has a 50-day moving average of $14.48 and a 200 day moving average of $15.18. Atlas Financial Holdings has a one year low of $12.15 and a one year high of $18.40. The stock has a market cap of $188.27 million, a PE ratio of 79.04 and a beta of 0.88.
Atlas Financial Holdings (NASDAQ:AFH) last announced its quarterly earnings data on Monday, May 8th. The insurance provider reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.29. The business had revenue of $49.82 million for the quarter. Atlas Financial Holdings had a net margin of 1.46% and a negative return on equity of 4.19%. On average, equities analysts predict that Atlas Financial Holdings will post $1.60 earnings per share for the current year.
Atlas Financial Holdings Company Profile
Atlas Financial Holdings Inc formerly JJR VI Acquisition Corp is a Canada-based company. It is engaged in the business of providing commercial automobile insurance in the United States with a niche market orientation. The Company’s automobile insurance products provide coverage in three areas: liability, accident benefits and physical damage.
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