Amplify Energy Corp. [AMPY] is 163.36% higher this YTD. Is it still time to buy?

Amplify Energy Corp. [NYSE: AMPY] gained 5.83% on the last trading session, reaching $3.45 price per share at the time. The company report on February 24, 2021 that Amplify Energy Schedules Fourth Quarter 2020 Earnings Release and Conference Call.

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Amplify Energy Corp. (“Amplify” or the “Company”) (NYSE: AMPY) announced that it will report fourth quarter 2020 financial and operating results before the U.S financial markets open on March 11, 2021. Following the announcement, management will host a conference call at 10:00 a.m. CT to discuss the Company’s results. Interested parties are invited to participate in the conference call by dialing (833) 883-4379 (Conference ID: 3731609) at least 15 minutes prior to the start of the call or via the internet at www.amplifyenergy.com. A replay of the call will be available on Amplify’s website or by phone at (855) 859-2056 (Conference ID: 3731609) for a fourteen-day period following the call.


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About Amplify Energy.

Amplify Energy Corp. represents 37.63 million in outstanding shares, while the company has a total market value of $135.27 million with the latest information. AMPY stock price has been found in the range of $3.06 to $3.6295.

If compared to the average trading volume of 1.49M shares, AMPY reached a trading volume of 1448697 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Amplify Energy Corp. [AMPY]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AMPY shares is $2.20 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AMPY stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

ROTH Capital have made an estimate for Amplify Energy Corp. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 22, 2019. While these analysts kept the previous recommendation, Northland Capital raised their target price to Outperform. The new note on the price target was released on November 14, 2019, representing the official price target for Amplify Energy Corp. stock.

The Average True Range (ATR) for Amplify Energy Corp. is set at 0.33, with the Price to Sales ratio for AMPY stock in the period of the last 12 months amounting to 0.60. The Price to Book ratio for the last quarter was 31.36, with the Price to Cash per share for the same quarter was set at 0.34. Price to Free Cash Flow for AMPY in the course of the last twelve months was 2.15 with Quick ratio for the last quarter at 1.20.

Trading performance analysis for AMPY stock

Amplify Energy Corp. [AMPY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 13.49. With this latest performance, AMPY shares gained by 69.95% in over the last four-week period, additionally plugging by 187.50% over the last 6 months – not to mention a drop of -17.07% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AMPY stock in for the last two-week period is set at 67.67, with the RSI for the last a single of trading hit 68.98, and the three-weeks RSI is set at 67.19 for Amplify Energy Corp. [AMPY]. The present Moving Average for the last 50 days of trading for this stock 2.26, while it was recorded at 3.14 for the last single week of trading, and 1.41 for the last 200 days.

Amplify Energy Corp. [AMPY]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Amplify Energy Corp. [AMPY] shares currently have an operating margin of +5.70 and a Gross Margin at +26.03. Amplify Energy Corp.’s Net Margin is presently recorded at -12.77.

Return on Total Capital for AMPY is now 2.44, given the latest momentum, and Return on Invested Capital for the company is -5.47. Return on Equity for this stock declined to -7.21, with Return on Assets sitting at -4.75. When it comes to the capital structure of this company, Amplify Energy Corp. [AMPY] has a Total Debt to Total Equity ratio set at 66.66. Additionally, AMPY Total Debt to Total Capital is recorded at 40.00, with Total Debt to Total Assets ending up at 32.98. Long-Term Debt to Equity for the company is recorded at 66.26, with the Long-Term Debt to Total Capital now at 39.76.

Reflecting on the efficiency of the workforce at the company, Amplify Energy Corp. [AMPY] managed to generate an average of -$153,030 per employee. Receivables Turnover for the company is 9.32 with a Total Asset Turnover recorded at a value of 0.37.Amplify Energy Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.20 and a Current Ratio set at 1.20.

Amplify Energy Corp. [AMPY]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Amplify Energy Corp. posted -0.65/share EPS, while the average EPS was predicted by analysts to be reported at 0.15/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -533.30%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AMPY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Amplify Energy Corp. go to 15.00%.

An analysis of insider ownership at Amplify Energy Corp. [AMPY]

There are presently around $38 million, or 31.60% of AMPY stock, in the hands of institutional investors. The top three institutional holders of AMPY stocks are: LASRY MARC with ownership of 2,561,375, which is approximately 0% of the company’s market cap and around 19.79% of the total institutional ownership; TRUST ASSET MANAGEMENT LLC, holding 1,517,819 shares of the stock with an approximate value of $5.24 million in AMPY stocks shares; and UNION SQUARE PARK CAPITAL MANAGEMENT, LLC, currently with $3.45 million in AMPY stock with ownership of nearly New of the company’s market capitalization.

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Positions in Amplify Energy Corp. stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 23 institutional holders increased their position in Amplify Energy Corp. [NYSE:AMPY] by around 2,535,897 shares. Additionally, 31 investors decreased positions by around 12,315,054 shares, while 27 investors held positions by with 3,110,764 shares. The mentioned changes placed institutional holdings at 11,740,187 shares, according to the latest SEC report filing. AMPY stock had 11 new institutional investments in for a total of 2,337,725 shares, while 13 institutional investors sold positions of 10,782,741 shares during the same period.

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